Global Automated Test Equipment Market Size is estimated to expand rapidly in coming years, at a CAGR of 2.15 % from 2018 to 2025. In 2017, the global market valuation was USD 3.8 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Automated test equipment is any tool that conducts tests on a device, known as the instrument being tested, equipment being tested or unit being tested, using automation to perform readings rapidly and assess the test outcomes. The amount of connected appliances and consumer electronics is increasing significantly. Businesses are progressively concentrating on continuous improvement along with end-to-end testing solutions, which is one of the market's main drivers. Moreover, increasing demand for system-on-chip and consumer electronics are expected to be the highest growing region in the global market of the automated test equipment market. Geographically, Asia Pacific is expected to be the highest growing region in the global market owing to the rise in demand for consumer electronics over the forecast period.  

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global automated test equipment market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automated test equipment market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Product Type Insights: On the basis of product, global automated test equipment market has been segmented into non-memory, memory, and discrete. Among which the non-memory segment dominated the global market in recent years.  Recent developments in IoT systems and autonomous cars, along with important improvements in the defense and aviation sectors, have dramatically altered the market trends. Organizations these days are focusing on consumer satisfaction by providing high efficient and quality products. Moreover, recent technological advances have considerably decreased the cost and time of production semiconductor IC and enhanced the company's margin.

By Vertical Insights: On the basis of vertical, global automated test equipment market has been segmented into automotive, consumer, aerospace & defense, IT & telecommunications, and others. Increasing applications of automatic test equipment in the microprocessor installation and manufacturing sector are anticipated to drive market potential. The vertical IT and telecommunication are anticipated to obtain an important portion in the market for automated test equipment. The demand for automated test equipment is mainly driven owing to the increase in ST production, complexity and efficiency level. Moreover, applications of automated test equipment in semiconductor assembly and user electronics will dominate the global market.

Regional Analysis

The automated test equipment market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, Asia Pacific region is expected to witness high growth in the market in the forecast period. The region's development is primarily ascribed to the important presence of semiconductor sectors. China and Taiwan are anticipated to make a significant contribution considerably to the development of the regional economy. Increasing government initiatives in countries such as China, India, and Japan are expected to change the market dynamics significantly. 

North America is expected to witness high growth in upcoming time span due to high demand in the consumer electronics sector. The major growth in the region is mainly attributed owing to the increasing demand for automated test equipment in the defense and aerospace sector. Europe is anticipated to dominate the global automated test equipment market over the projected period. Companies in the Europe region are continually engaging in R&D to strengthen their product range and fit in with the recent improvements in semiconductor devices. 

Global Automated Test Equipment Market Size, Share Analysis by Region 2017

Global Automated Test Equipment Market Study Objective

1. To forecast the market size of automated test equipment market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of automated test equipment market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of automated test equipment market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of automated test equipment market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the automated test equipment market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Aemulus Holdings Bhd, Chroma ATE Inc., Aeroflex Inc., Astronics Corporation, Advantest Corporation, LTX-Credence Corporation, Teradyne Inc., Star Technologies Inc., Tesec Corporation, Roos Instruments Inc., Marvin Test Solutions Inc., and Danaher Corporation are some of the key players in the market of automated test equipment.

Global Automated Test Equipment Market Study Report Offer You!

The global automated test equipment market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.