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Global Automated Test Equipment Market Size | COVID-19 Impact Analysis | Forecast to 2027

01-20-2022 10:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global automated test equipment market is expected to grow at a CAGR of nearly 3.4% during the forecast period (2021-2027). The growth of the market is driven by the increased adoption of automated test equipment in the automotive and semiconductor industry. A significant increase in the number of connected devices and consumer electronics, as well as increasing the company’s focus towards quality improvement and end-to-end testing solutions, will likely drive the market growth. Moreover, the automated test equipment market is also expected to be driven by the increasing implementation of System on Chip (SoC) and increased demand for consumer electronics during the forecast period. Additionally, considerable technological advancements coupled with design complexity and the need for effective testing are anticipated to fuel the market growth. Further, the rise in the use of data diagnostics and acquisition tools for testing electronic applications across the aerospace and defence, and industrial automation sector offers a significant opportunity for the market.

To Request a Sample of our Report on Global Automated Test Equipment Market: https://www.omrglobal.com/request-sample/automated-test-equipment-market

Furthermore, with the rapid adoption and implementation of the Internet of Things (IoT) around the globe, the semiconductor industry is projected to play a significant role and benefit from advances across the technology value chain. As the cloud economy becomes mainstream in the IoT era, semiconductor companies need to continuously innovate to drive connectivity across the IoT value chain. In addition, IoT-connected products and applications would require chips with an ultra-small form factor, low power consumption, and wireless connectivity options. This, in turn, is leveraging the growth of the market.

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A full Report of Global Automated Test Equipment Market is Available at: https://www.omrglobal.com/industry-reports/automated-test-equipment-market

Global Automated Test Equipment Market Segmentation

By Type

· Memory

· Non-memory

· Discrete

· Test Handlers

By End-User

· Aerospace and Defense

· Consumer Electronics

· IT and Telecom

· Automotive

· Healthcare

· Others

Regional Analysis

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

Company Profiles

· Advantest Corp.

· Aemulus Holdings Bhd

· Aeroflex Inc.

· Astronics Corp

· Chroma ATE, Inc.

· Danaher Corp.

· LTX-Credence Corp.

· MAC Panel Co.

· Marvin Test Solutions Inc.

· National Instruments Corp

· Roos Instruments, Inc.

· Samsung Semiconductor, Inc.

· SPEA S.p.A.

· Star Technologies Inc.

· Teradyne Inc.

· Tesec Inc.

· Virginia Panel Corp.

Reasons to buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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