Automated Test Equipment Market Technological Advancement, Competitive Strategies and Forecast to 2022|Growth by Major Eminent Players: LTX-Credence Corporation, Teradyne Inc

The global Automated Test Equipment (ATE) Market was worth USD 3.69 billion in the year of 2012 and is expected to reach approximately USD 5.14 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 3.04% during the forecast period. Automated test equipment market. Automated test equipment market size is balanced for growth due to rising implementation of System on Chip (SoC) and surging demand for consumer gadgets. Furthermore, expanding design complexity and the requirement for adequate testing are likewise anticipated to boost the demand over the conjecture time frame. Advancements in technology and growth of equipment that are cost-effective are key trends influencing the development of the market. Rising content of electronic in the automotive sector and penetration of smartphones is anticipated to positively influence the development of the market. Scaling down of gadgets has impelled the demand of ATE crosswise over application ranges including consumer electronics, defense, automotive, and IT and Telecom.

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Automated Test Equipment Market Application Outlook:
The application section contains defense, consumer, IT & Telecom, automotive, and others. In 2013, IT and telecom applications represented a generous piece of the overall industry. Low-end wireless test equipment is utilized for items that don't have complex prerequisites, for example, power enhancers. High-end test equipment is utilized for gadgets which have a blend of testing prerequisites, which may incorporate testing of memory, management of power and mixed-signal in a single device. Expanding incorporation of electronic gadgets in the automotive sector is anticipated to fuel the segment demand in future. Expanding electronic circuitry in vehicles is because of strategies that command higher security frameworks, for example, land departure warning systems, airbags, and parking assistance; and interest for excitement frameworks, communication and navigation systems and features of comfort.

Automated Test Equipment Market Competitive Insights:
The global automated test equipment market combined in nature with three organizations, LTX-Credence Corporation, Teradyne Inc. and Advantest Corporation representing more than 80 percent of the aggregate demand in 2013. Mergers and acquisitions are the key methodology for the development implemented by the major players. Improving test platforms, growth of new instrumentation and maintaining a cordial relationship with the consumers are anticipated to be the key reasons of development.

Automated Test Equipment Market Product Outlook:
The product segment comprises discrete ATE, memory and non-memory. The non-memory segment is anticipated to rule the market in 2013 by registering for more than 70 percent of the total revenue. The non-memory semiconductor market provides an extensive variety of uses, and this makes it less unstable when contrasted with the memory semiconductor. Additionally, another quickly developing section of the semiconductor sector is the three-dimensional (3D) IC industry. The fundamental advantage of 3D ICs is the miniaturization, which in this manner empowers a sparing of space on the board and also on the final item.

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Table of Contents:
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
...CONTINUED FOR TOC

Automated Test Equipment Market Regional Outlook:
In 2013, the global industry was dominated by Asia Pacific that registered for more than 70 percent of the total revenue. The existence of various semiconductor industries is expected to boost the regional demand. Testing in North America generally takes place for high-end precision equipment, and the average price of selling for this is higher. The request in Europe is portrayed by trimming expenditure of semiconductor producers and also diminishing semiconductor utilization.

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