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Automated Test Equipment Market Growth Trends & Competitive Analysis Report 2022 - Advantest, Teradyne, LTX-Credence, National Instruments Corporation, Aeroflex Inc., Cal-Bay Systems Inc., Advint, LLC, Anritsu, and Agilent Technologies
Automated Test Equipment Market
Semiconductor testing is witnessing an upsurge in recent years. This growth is ascribed to myriad beneficial properties including cost reduction, enhanced reliability, modularity, technical capacity & flexibility, component miniaturization as well as quicker time-to-market. Incorporation of high-level technologies including wireless and RF are the major drivers propelling automated test equipment market demand.
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Discrete, memory and non-memory are the major products of the global ATE industry size. Non-memory automated test equipment market, which contributed towards a major portion of the overall revenue in 2014, is projected to register a CAGR of 2.8% over the period of 2015 to 2022. The attributing factor towards the industry growth is surging microcontroller- based applications such as sensors, anti-lock braking system, and smart grid. Additionally, escalating demand for automobiles and smartphones will influence the growth considerably.
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.
Telecommunication & IT sector, which accounted for over 50% of the overall revenue in 2014, is anticipated to boost ATE industry growth over the coming timeframe. Improved network capability and consistently high product quality provided by ATE is expected to drive the growth.
The U.S automated test equipment market, on the other hand, is estimated to register a commendable growth rate of 2.5% CAGR through 2022, stemming from increasing financial support for the defense sector and evolution in the regional telecommunication industry.
Mergers & acquisitions and enhancement in R&D activities will be the major growth strategies adopted by the industry giants over the coming timeframe. Advantest, Teradyne, and LTX-Credence, National Instruments Corporation, Aeroflex Inc., Cal-Bay Systems Inc., Advint, LLC, Anritsu, and Agilent Technologies are few of the major players in the automated test equipment market.
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Partial Chapter of the Table of Content
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
Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/automated-test-equipment-ate-market-size
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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About Global Market Insights:
Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.
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