Automated Test Equipment Market By Growth Factors and Key Players: Teradyne, Inc., Roos Instruments, Inc., National Instruments Corporation, Star Technologies, Inc., Aeroflex, Inc., LTX-Credence Corporation, Danaher Corporation, Aemulus Holdings

According to the new market research “Automated Test Equipment Market, [By Type (Non-Memory, Memory, Discrete); By Component (Industrial PCs, Probers, Mass Interconnect, Others); By End-User (Automotive, Healthcare, Consumer Electronics, Aerospace and Defense, IT and Telecommunication, Others); By Region]: Market size & Forecast, 2018 – 2026", The Automated Test Equipment Market is expected to reach USD 5,058 million by 2026 from USD 3,628 million in 2017, at a CAGR of 3.9%."

Top Key Players in Global Market

Teradyne, Inc., Roos Instruments, Inc., National Instruments Corporation, Star Technologies, Inc., Aeroflex, Inc., LTX-Credence Corporation, Danaher Corporation, Aemulus Holdings, Chroma ATE, Inc., and Marvin Test Solutions, Inc.

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Automated test equipment is computer-controlled machine aimed at testing electronic devices for functionality and performance. Automatic test equipment is used for assembly line type testing of products, and testing of integrated circuits and printed circuit boards during the manufacturing process. It also conducts stress testing with minimal human interaction. Automated test equipment is a combination of control hardware, sensors, and software to collect and analyse the test results. It is used in various sectors such as automotive, medical equipment, airplane, and other manufacturing industries.

The demand for automated test equipment has increased owing to increasing modernization of vehicles, and growing development of autonomous vehicles. The increasing focus on effective testing methods, and decreased manufacturing cost and time has increased the adoption of automated test equipment to primarily drive the growth of automated test equipment market. The growing application of consumer goods, adoption of connected devices, and commercialization of Internet of Things further boosts the automated test equipment market growth. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Automated Test Equipment Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

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Asia-Pacific generated the highest revenue in the market in 2017 owing to increasing automotive demand due to increasing disposable income and improving living standards in the region. The established semiconductor industry, along with presence of numerous consumer electronics manufacturers have resulted in increasing adoption of automated test equipment in the region. The increasing development of autonomous vehicles in the region further influences the market growth. The increasing demand for automated test equipment from countries such as Japan, India, and South Korea, along with economic growth in this region is expected to provide growth opportunities during the forecast period.

Competitive Landscape and Key Vendors

The global automated test equipment market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

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Key Segments

Type

• Non-Memory
• Memory
• Discrete

Component

• Industrial PCs
• Probers
• Mass Interconnect
• Others

End-User

• Automotive
• Healthcare
• Consumer Electronics
• Aerospace and Defense
• IT and Telecommunication
• Others

Region

• North America

o U.S.
o Canada
o Mexico

• Europe

o Germany
o UK
o France
o Italy
o Rest of Europe

• Asia-Pacific

o China
o India
o Japan
o Rest of Asia-Pacific

• Latin America

o Brazil
o Rest of Latin America

• Middle East and Africa

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