Automated Test Equipment market share is anticipated to exceed USD 4.46 billion by 2022 due to its rising demand across various sectors such as defense, telecommunications & IT, automotive, and consumer electronics. ATE is used to automatically diagnose and detects faults in the EUT (Equipment under observation) thereby, ensuring faultless product delivery into the business space.
The Automated Test Equipment Market is expected to witness a sustainable growth, rising at a CAGR of 2.6% over the period of 2015-2022. Commercialization of IoT or Internet of things will create a pool of opportunities for the ATE industry players globally. The design complexities pertaining to these digitized devices will demand for precise testing of these products, thereby boosting the Automated Test Equipment Market growth.
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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.
IT & telecommunication applications approached USD 2 billion in 2014 due to the improved networking capacities and persistent product quality. Elevation in demand for consumer devices like tablets, smartphones, computers and laptops will spur the automated test equipment market growth in consumer electronics applications. With the growing enterprise mobility trend and increased disposable income levels, mobile devices have witnessed a sharp rise over the past few years.
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.
The US 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.
Teradyne, Advantest, LTX., Advint, Agilent Technologies, Aeroflex, Anritsu, Cal-Bay Systems, and National Instruments Corporation are some of the key market players. Expansion of testing platforms and development of new instrumentation will be the major growth strategies adopted by the Automated Test Equipment Market participants over the next few years.
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Major Key Points from Table of Content:
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 ATE 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
Chapter 5 ATE Application Insights
5.1.1 Global demand in automotive, by region, (USD Million), 2012 – 2022
5.2.1 Global demand in consumer applications, by region, (USD Million), 2012 – 2022
5.3.1 Global demand in defense, by region, (USD Million), 2012 – 2022
5.4 Telecommunication & IT
5.4.1 Global demand in IT & telecommunication, by region, (USD Million), 2012 – 2022
5.5.1 Global demand in other applications, by region, (USD Million), 2012 – 2022
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