Press release
Why the Automated Test Equipment Market Is Set To Explode? | Global Players are Advantest, Agilent Technologies, Anritsu, LTX-Credence, National Instruments, SPEA, Teradyne
The US market share will grow at a rate of 2.5% during 2015-2022 primarily due to investment in defense sectors coupled with growth in the telecommunication industry.
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Non-memory automated test equipment market is set to exceed USD 3 billion due to high adoption in microcontroller based applications. Memory ATE is expected to have steady growth over the forecast timeline owing to the cyclical growth variations in comparison to non-memory semiconductors. Expansion of smartphone sector coupled with LTE will have a positive impact on revenue. Discrete equipment segment is anticipated to grow at a about 3% from 2015 to 2022.
Rising design complexity coupled with the need for efficient testing will propel the industry growth. Cost reductions, higher product quality and improved ergonomics are benefits offered by these systems. Rising adoption trends such as System on Chip (SoC) and increasing demand for consumer electronics will propel the industry growth. Improving the battery life remains the cornerstone of several manufacturers' design efforts, in light of increased demand for portability and miniaturization this will also fuel the automated test equipment market.
High penetration of electronics in automobiles along with rising adoption of smartphones and compact devices has surged the demand for ATE among various sectors such as IT and telecommunication, defense, etc.
Automated test equipment market finds widespread application across consumer electronics, telecommunication & IT, automotive, and defense sectors. Automated test equipment industry (ATE) size in the automotive sector is expected to grow considerably over the coming years. Large application of semiconductor devices in the automotive electronics industry is projected to drive the growth.
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Consumer electronics sector is anticipated to grow significantly over the coming five years and is forecast to drive the industry growth over the coming timeframe. The rising adoption of electronic devices such as smartphones, computers, and tablets will augment the automated test equipment market growth.
Advantest, Aeroflex, Anritsu, Cal-Bay Systems, LTX-Credence, Teradyne, Agilent Technologies, National Instruments Corporation are some of the players in this industry. Teradyne accounted for more than 40% of the industry share in 2015. Various strategies followed by companies are new product developments, customer relationship management and improving standard platforms.
Table of Contents (ToC) of the report:
Chapter 4 ATE Product Insights
4.1 Memory ATE
4.1.1 Global memory ATE demand by region, (USD Million), 2012 - 2022
4.2 Non-memory ATE
4.2.1 Global non-memory ATE demand by region, (USD Million), 2012 - 2022
4.3 Discrete ATE
4.3.1 Global discrete ATE demand by region, (USD Million), 2012 - 2022
Chapter 5 ATE Application Insights
5.1 Automotive
5.1.1 Global demand in automotive, by region, (USD Million), 2012 - 2022
5.2 Consumer
5.2.1 Global demand in consumer applications, by region, (USD Million), 2012 - 2022
5.3 Defense
5.3.1 Global demand in defense, by region, (USD Million), 2012 - 2022
5.4 Telecommunication & IT
5.4.1 Global demand in IT & telecommunication, by region, (USD Million), 2012 - 2022
5.5 Others
5.5.1 Global demand in other applications, by region, (USD Million), 2012 - 2022
Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/automated-test-equipment-ate-market-size
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