Press release
Automated Test Equipment Market Set to Boom Anticipating Explosive 4.1% CAGR Growth, Surpass US$ 10.69 Billion From 2025 to 2034
๐๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐๐ญ๐๐ ๐ญ๐๐ฌ๐ญ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ ๐๐๐ 7.17 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2024. ๐๐ญ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐๐๐ 10.69 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ 2034, ๐๐ฑ๐ก๐ข๐๐ข๐ญ๐ข๐ง๐ ๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐ง๐ง๐ฎ๐๐ฅ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐๐ญ๐ (๐๐๐๐) ๐จ๐ 4.1% ๐๐ซ๐จ๐ฆ 2025 ๐ญ๐จ 2034.๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Automated test equipment (ATE) denotes systems designed for the automatic testing and assessment of the performance of electronic devices or components. ATE generally consists of hardware and software that manage tests, gather data, and evaluate outcomes autonomously. It is commonly utilized in sectors such as electronics production, telecommunications, and aerospace to guarantee the performance, dependability, and quality of products. ATE is capable of testing different parameters like voltage, current, frequency, and signal fidelity.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/automated-test-equipment-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โข The emergence of the Internet of Things (IoT) has resulted in a greater number of connected devices, heightening the demand for improved testing solutions. Smart home devices, industrial equipment, and wearable technology all require comprehensive testing to ensure proper function and reliability.
โข The semiconductor industry is experiencing considerable expansion, fueled by the rising need for electronic parts in various industries, including automotive and consumer electronics. This increase is mainly due to technological progress and the widespread use of electronic devices, which require efficient and dependable components.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
In this extremely competitive market, major rivals constantly innovate and differentiate their products in an effort to take the lead in the market. Here is the list of the leading companies operating in the automated test equipment market:
โข Teradyne, Inc.
โข Astronics Corporation
โข National Instruments Corp.
โข Star Infomatic Pvt. Ltd.
โข Aeroflex, Inc.
โข Electronic Specifier
โข Danaher Corporation
โข Aemulus Corporation Sdn. Bhd.
โข Chroma ATE Inc.
โข Marvin Test Solutions, Inc.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/automated-test-equipment-market/request-for-discount-pricing
๐๐ฎ๐ญ๐จ๐ฆ๐๐ญ๐๐ ๐๐๐ฌ๐ญ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข In terms of type, in 2024, the non-memory segment led the automated test equipment (ATE) market, driven by the rising demand for testing solutions across sectors such as automotive, telecommunications, and consumer electronics.
โข The handlers/probers segment is anticipated to experience the fastest growth during the forecast period. This is attributed to the growing complexity of semiconductor components, which require more precise and reliable testing solutions.
โข In 2024, Asia Pacific led the global automated test equipment (ATE) market, benefiting from its well-established role as a key hub for semiconductor manufacturing and electronics production.
โข North America is projected to register the highest automated test equipment (ATE) market CAGR. This is due to the region's technology-driven industries, such as telecommunications, aerospace, and automotive, which increasingly rely on advanced testing solutions for complex electronic systems
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The automated test equipment market is mainly segmented based on type, component, end user, and region. Based on type analysis, the non-memory segment led the global market in 2024 because of the growing need for testing solutions across different sectors, including automotive, consumer electronics, and telecommunications.
Moreover, according to component analysis, the handlers/probers segment is anticipated to witness the fastest over the projection period because of the growing intricacy of semiconductor parts, which necessitate accurate and dependable testing options.
By Type Outlook (Revenue USD Billion, 2020-2034)
โข Non-Memory
โข Memory
โข Discrete
โข Others
By Component Outlook (Revenue USD Billion, 2020-2034)
โข Industrial PCs
โข Handlers/Probers
โข Mass Interconnect
โข Others
By End User Outlook (Revenue USD Billion, 2020-2034)
โข Automotive
โข Healthcare
โข Consumer Electronics
โข Aerospace and Defense
โข IT and Telecommunication
โข Others
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/automated-test-equipment-market
๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
โข North America
o US
o Canada
โข Europe
o Germany
o France
o UK
o Italy
o Spain
o Netherlands
o Russia
o Rest of Europe
โข Asia Pacific
o China
o Japan
o India
o Malaysia
o South Korea
o Indonesia
o Australia
o Vietnam
o Rest of Asia Pacific
โข Middle East & Africa
o Saudi Arabia
o UAE
o Israel
o South Africa
o Rest of Middle East & Africa
โข Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Agricultural Robots Market:
https://www.polarismarketresearch.com/industry-analysis/agricultural-robots-market
Industrial And Commercial Led Lighting Market:
https://www.polarismarketresearch.com/industry-analysis/industrial-and-commercial-led-lighting-market
Lidar Market:
https://www.polarismarketresearch.com/industry-analysis/lidar-market
Substation Automation Market:
https://www.polarismarketresearch.com/industry-analysis/substation-automation-market
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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A key factor is not just how individual components work, but how they work together in context with other parts of a system. That also affects test coverage and it often requires that devices under test (DUTs) be physically brought or sent to a lab.
Another major factor that drives the market growth is rising complexities in consumer electronics and reduction in manufacturing time andโฆ