Automated Test Equipment Market 2021 Analysis by Global Players and Trends- Virginia Panel Corporation, MAC Panel Company, Xcerra Corporation, National Instruments Corporation, SPEA SpA

The report presents an in-depth assessment of the Automated Test Equipment Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Automated Test Equipment from 2021 till 2026. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The global automated test equipment market was valued at USD 3.98 billion in 2020, and is expected to reach a value of USD 4.89 billion by 2026 at a CAGR of 3.53% during the forecast period (2021-2026).

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Automated Test Equipment Market: Virginia Panel Corporation, MAC Panel Company, Xcerra Corporation, National Instruments Corporation, SPEA SpA, Advantest Corporation, Star Technologies, Aeroflex, Inc., Astronics Corporation, Roos Instruments, Inc., Chroma ATE, Inc., Samsung Semiconductor, Inc. and others.

Key Developments:

- Feb 2018 - Qorvo, a provider of RF solutions, and National Instruments have collaborated to test the first commercially available 5G RF front-end module (FEM). Qorvos QM19000 5G FEM, which combines a power amplifier and low noise amplifier into a single package, is targeted for mobile devices operating in the 3.4 GHz spectrum. The FEM was tested with the advanced NI PXI system as part of an ongoing effort to help customers design and test 5G technology, for early deployments of 5G in mobile devices.

Market Overview:

- The market for ATE is primarily dependent on semiconductor chip volume. The industry is positively impacted by the success of consumer electronic devices, such as computers, smartphones, tablets et al. Subsequently, the roll out of devices with new features and innovation is also expected to fuel the growth of the industry on the whole.
- There have been significant investments in the hardware market to provide engineers and scientists the flexibility, miniaturization, and portability to adapt to changing needs, while offering a smaller form factor that occupies less space on the manufacturing floor and consumes less energy, than traditional instrumentation equipment. As a result, the product offerings in the market are moving towards integrated solutions, while offering flexible options for a scripting language.

Regional Analysis For Automated Test Equipment Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Key Market Trends
Aerospace and Defence is Expected to Hold a Significant Market Share
 The aerospace and defense industry has witnessed a rise in the adoption of intricate devices, in the last three decades, owing to an increasing defense spending by the governments in the region. This has led to the development of technology at a rapid pace, with innovation leading to improvement in the efficiency of existing tools and further covering the new scope of operations useful for a wide range of functions. With larger revenues, the aerospace industry is expected to spend a significant amount in the automated test equipment.
- Engineers are facing the hurdle of developing test plans for new technologies while also supporting legacy systems and prevent the obsolescence, such as avionics and electronics on the Boeing B-52 Stratofortress military aircraft produced in the 1950s and 1960s and still in service more than 50 years later.

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Automated Test Equipment Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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