Automated Test Equipment Market Research Report, Recent Trends and Growth Forecast 2022
Date: 2020-06-12   Author: Ronak Bora  Category: #technology

Automated Test Equipment Market Research Report, Recent Trends and Growth Forecast 2022

The US automated test equipment 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.

The Asia Pacific automated test equipment market primarily led by India & China is expected to witness a significant surge in the coming years mainly owing to the large number of semiconductor companies present in these regions. APAC market is expected to record a CAGR of 2.8 % from 2015-2022.

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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.  

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.

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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 3    Automated Test Equipment Market Insights

3.1    Industry Segmentation

3.2    Industry Size and forecast

3.3    Industry ecosystem analysis

3.4    Industry Impact forces

3.4.1    Growth drivers

3.4.2    Industry pitfalls & challenges

3.5    Growth potential analysis

3.6    Porter’s analysis

3.7    ATE company market share analysis, 2014

3.8    PESTEL Analysis

Chapter 4    Automated Test Equipment Market 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

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for algosonline and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport.


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