Press release
Automated Test Equipment Market to Rise at Moderate CAGR of 5.5% CAGR Through 2025 - Top Companies Advantest, Anritsu, Astronics, Averna, Chroma ATE, Exicon, National Instruments, SPEA S.P.A. and Teradyne
Automated Test Equipment Market
Worldwide Automated Test Equipment (ATE) Market Analysis to 2025 is a specialized and in-depth study of the Automated Test Equipment (ATE) Industry with a focus on the global market trend. The report aims to provide an overview of global Automated Test Equipment (ATE) Market with detailed market segmentation by product/application and geography. The global Automated Test Equipment (ATE) Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Automated Test Equipment (ATE) players and offers key trends and opportunities in the market.
Automated test equipment market is experiencing growth all across the globe, with the rising preference for the electronics integrations in the manufacturing sector of different industry verticals and thus creating revenue generation opportunities for the market players. Furthermore, the rising adoption of internet infrastructural deployments in the advanced countries is propelling the automated test equipment market growth. Moreover, the increasing integrations of consumer electronics in the automotive industry is anticipated to flourish during the forecast period.
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Top Leading Automated Test Equipment (ATE) Market Players: Advantest Corporation, Anritsu Corporation, Astronics Corporation, Averna, Chroma ATE Inc., Exicon co., Ltd., National Instruments Corporation, SPEA S.P.A., Teradyne Inc. and Test research Inc. among others.
Key Benefits-
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Automated Test Equipment (ATE) Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
The report focuses on an in-depth segmentation of automated test equipment market based on type, component, and end user. The geographic segmentation of the report covers four major regions including; North Americas, Europe, Asia-Pacific (APAC), and Rest of World (RoW). The regional market has been further bifurcated by respective countries. By end user segment, consumer electronics accounted for the largest share of the automated test equipment market in 2017; whereas automotive is expected to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of global automated test equipment market with detailed market segmentation. Also, it analyzes the current automated test equipment market scenario and forecasts the market till 2025. The report covers market dynamics affecting the automated test equipment market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the automated test equipment market with respect to all geographic regions.
The Asia Pacific is one of the prominent regions in automated test equipment market which is contributing highest revenue globally due to the presence of high-skilled manufacturing hub. Also, rapidly growing economies in Asia-Pacific with significant growth in spending capacity will propel the growth automated test equipment market. The governments are offering tax-rebates, funds, subsidies and other such support to attract the manufacturing companies to set-up plants in their respective countries. Further, several governments has taken initiatives such as Made in China 2025, and Make in India, among others to propel the growth of manufacturing sector.
Also, China is the global leader in production of passenger cars and commercial vehicles, as well as electronic product assembly. The presence of robust manufacturing base is a key factor for the growth of the market. The government of China has introduced an initiative named as “Made in China 2025”, which further drive the growth of manufacturing sector. The demand for ATE is further anticipated to boost with the presence of several smartphone manufacturers as well as automotive electronics manufacturers in China.
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Reason to Buy:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Automated Test Equipment (ATE) Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Automated Test Equipment (ATE), thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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