Automated Test Equipment Market Analysis & Technological Innovation by Top Industry Players - Teradyne, Inc., Roos Instruments, Inc., National Instruments Corporation, Star Technologies, Inc., Aeroflex, Inc., LTX-Credence Corporation, Danaher Corporation,

The expanding range of consumer electronic devices coupled with growing complexity in design of consumer electronic devices majorly drives the automated test equipment market growth. The adoption of automated test equipment has increased significantly owing to growing need for effective testing in semiconductor and electronics industry, and shift towards energy efficient ICs. Other factors driving the market growth include technological advancements, modernization of vehicles, development of autonomous vehicles, and rising demand for wireless networks. New emerging markets, emerging consumer demographics, and commercialization of Internet of Things would provide growth opportunities for Automated Test Equipment market in the coming years.

The global automated test equipment market is anticipated to reach around $5,058 million by 2026 according to a new research report.

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Top Key Manufacturers:

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

In 2017, Asia-Pacific accounted for the highest share in the global automated test equipment market. The established semiconductor and consumer electronics industries, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region. The increasing modernization of vehicles, and growth in the global automotive industry further accelerate the adoption of automated test equipment. The increasing economic growth in countries such as China and India also increases the adoption of automated test equipment in the region. Expansion of global players into these countries to tap market potential boosts the automated test equipment market growth. The high penetration of electric vehicles in the region coupled with increasing development of autonomous vehicles promotes the adoption of automated test equipment. The rising demand for wireless networks and growth in penetration of connected devices supports the market growth in the region.

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By Segment:

Automated Test Equipment by Type:

• Non-Memory
• Memory
• Discrete

Automated Test Equipment by Component:

• Industrial PCs
• Probers
• Mass Interconnect
• Others

Automated Test Equipment by End-User:

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

Automated Test Equipment by Region:

• North America - (US., Canada, Mexico)
• Europe - (Germany, UK, France, Italy, Rest of Europe)
• Asia-Pacific - (China, India, Japan, Rest of Asia-Pacific)
• Latin America - (Brazil, Middle East & Africa).

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