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Automated Test Equipment (ATE) Market to Witness Huge Growth by 2026 – Key Players Mac Panel Company, Virginia Panel Corporation, Xcerra Corporation, National Instruments, Spea S.P.A, Advantest Corporation, Star Technologies, Aeroflex, Inc

07-11-2019 09:30 AM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Automated Test Equipment Market

Automated Test Equipment Market

The Automated Test Equipment research report concentrates on the leading competitors of the global market and delivers information about the company overview including contacts, product portfolio, key developments, price, cost, value, volume, revenue, capacity, and production. Automated Test Equipment report not only provides knowledge and information about all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands but also acts as a synopsis of market definition, classifications, and market trends. The report encompasses the key players along with their share (by volume) in key regions such as APAC, EMEA, and Americas and the challenges faced by them.

Global Automated Test Equipment Market is expected to rise to an estimated value of USD 5.14 billion by 2026, registering a steady CAGR of 3.65% in the forecast period of 2019-2026. The rise in the market value can be attributed to the rising demand for consumer electronics, rind demand for cost-effective testing, and the high use of system-on chip.

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Market Definition: Global Automated Test Equipment Market
Automatic Test Equipment (ATE) is a machine that uses automation and control systems to detect faults and performs tests on devices. The device on which the test is performed is known as under Test (DUT) or Unit under Test (UUT). ATE can be used to test hardware, software, semiconductors, or electronics. ATE provides quick results, and helps in quickly determining any defects or faults in a particular device. It helps in saving manufacturing costs and prevents he introduction of any device with faults in the market.

Market Drivers:
• Growing need for cost-effective testing method drives the demand for this market
• Rising complexities in product design accelerates the demand for sophisticated texting methods to ensure reliability and standardised results• Advancements in technology, including advanced design-for-test and adaptive testing
• Rising demand for consumer electronics and increased penetration of smartphones, with developments such as LTE, 4G, and 5G in smartphones
• Rising demand from the automobile sector due to the increasing electronic use in this sector
• Increased demand for ATE’s in the defence sector to ensure to efficient functioning of equipments and optimal performance
• Innovations and increased applicability of IoT in various sectors leading to automation enhances the growth of this market

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Market Restraints:
• Automated Test Equipments are relatively expensive hinders its growth
• Low profits margins due to stiff competition and rivalry restrains the growth of this market
Segmentation: Global Automated Test Equipment Market
By Type of Test Equipments
• Memory
• Non-memory
• Discrete
• Test Handlers
By Component
• Industrial PCs
• Mas Interconnect
• Handler/Prober
By Application
• Defence
• Consumer Electronics
• IT & Telecommunications
• Automotive
• Healthcare
• Others
By Geography
• North America
o U.S.
o Canada
o Mexico
• South America
o Brazil
o Argentina
o Rest of South America
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
• Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Malaysia
o Indonesia
o Thailand
o Philippines
o Rest of Asia-Pacific
• Middle East and Africa
o South Africa
o Egypt
o Saudi Arabia
o United Arab Emirates
o Israel
o Rest of Middle East and Africa

Key Developments in the Market
• In January 2019, Lemsys SA, a global pioneer in providing automated test equipments for high power semiconductors was acquired by Teradyne. With this acquisition, it would broaden the test solutions that are provided to customers and with Teradyne’s technology expertise and experience in automation equipment for test and industrial applications, their business would not be confined only to China and Europe, but would grow globally, thereby becoming market leaders in automated test equipment solutions.

• In March 2017, Virginia Panel Corporation, a global provider of Mass Interconnect solutions for automatic test equipments, entered into a business partnership with Amplicon in order to unite its automated test solutions with the best quality products. This partnership would benefit the customers since they would be provided with a simplified and quick test solution for a large variety of products, hence expanding their client base. There would be increased demand for engineered test solutions hence accelerating the demand for this market in the forecasted period

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Competitive Analysis: Global Automated Test Equipment Market
Global Automated test equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automated test equipment market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: Global Automated Test Equipment Market

Few of the major competitors currently working in automated test equipment market are Virginia Panel Corporation, MAC Panel Company, Xcerra Corporation, National Instruments., SPEA S.p.A., Western Digital Corporation, ADVANTEST CORPORATION, Star Informatics Pvt. Ltd, Astronics Corporation., Roos Instruments, Inc., CHROMA ATE INC., SAMSUNG, Test Research, Inc., ANRITSU CORPORATION., Exicon Group, Aemulus Corporation, Marvin Test Solutions, Inc., Danaher., STAr Technologies Inc., amongst others.

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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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