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Automated Test Equipment Market Size, Share, Growth and Opportunities, PESTEL Analysis, CAGR and Value Chain Study to 2030

Automated test equipment Market Size 2022-2030, Market Share Analysis, Growth, Trends, Covid 19 Outbreak Impact Research Report Added by Precedence Research.

The global automated test equipment market size is projected to hit USD 9.58 billion by 2030. Furthermore, the CAGR from 2022 to 2030 is positioned to be at a CAGR of 3.5%.

The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2022 to 2030.

Download FREE Sample of This Strategic Report with TOC, Graphs & List of Figures @ https://www.precedenceresearch.com/sample/1305

Automated test equipment is the equipment that is employed to check for the defects in the devices under test. The adoption of the automated test equipment will play a crucial role in reducing the cost incurred for manufacturing devices and eliminate the defective devices. This will prevent any defective devices from entering into the market. These equipment helps in reducing the manufacturing cost and finds their application in diverse sectors such as IT and telecommunications, automotive, defense, consumer electronics, healthcare and others.

Crucial factors accountable for market growth are:

  • The rapid growth of the automotive and the semiconductor industry.
  • Increasing demand for the consumer electronics products.
  • The rise in demand for complex electronic devices that requires effective testing.
  • The rising telecom industry positively impacts the market growth.
  • The favorable Government regulations, that promotes the development of semiconductor industry.
  • The rise in demand for high quality electronics equipment’s in the defense and aerospace sector.

Market Dynamics

Driver – The increase in demand for the high quality electronics equipment in diverse industry verticals such as IT and telecommunications, defense, consumer electronics, automotive, healthcare and others is expected to drive the market growth. Also, with the favorable Government policies for the development of semiconductor fabrication plants that will boost the economy is an attribute that is anticipated to fuel the growth of the automated test equipment market. For instances, On 27th April 2021, Marvin Test Solutions, Inc. a provider of innovative test solutions for military, aerospace, and manufacturing organizations announced that, its product TS-900e-5G production test system for 5G mm Wave semiconductor devices is now in use by multiple leading semiconductor manufacturers.

Restraint – The major restraining factor that will negatively impact the growth of the Automated Test Equipment Market includes the high cost involved in the development of the automated test equipment and the presence of high competition among the major market players.

Opportunity – The Government across the world is investing heavily for the development of semiconductor industry as this will help in the significant growth of the economy. This development of semiconductor industry will find huge opportunities for the growth of the automated test equipment market.

Challenges – For conducting the research and developmental activities in the field of automated test equipment’s high expenditure is required ad this attribute is estimated to pose a major challenge in the growth of the automated test equipment market.

Recent Developments

  • On 30th September, 2021 Advantest Corporation a Leading semiconductor test equipment supplier has announced a high frequency resolution option for its TAS7400TS terahertz optical sampling analysis system. It comprises of features such as excellent cost performance and ease of operation, a groundbreaking measurement method for high-frequency characteristic evaluation of radio wave absorbers and base materials, which are indispensable for Beyond 5G / 6G next-generation communications technology and for the millimeter-wave radar technology used in ADAS.
  • On 12th January 2021, Teradyne Inc. a leading supplier of automated test solutions announced that the company’s UltraFLEX test platform has enabled AI chip company Syntiant Corp. to successfully ship millions of its microwatt-power, deep learning Neural Decision Processors™ to customers worldwide.
  • On 24th August 2021, Astronics Corporation a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced a cooperative agreement with Aerotec Concept of Toulouse, France. This cooperative agreement will provide Astronics the medium to expand its comprehensive design, development, analysis, substantiation, certification, kitting and manufacturing capabilities further into the aerospace market in Europe.

Report Highlights

  • Asia Pacific region is expected to grow at highest CAGR contributing more than 76% of revenue share in 2021 owing to the presence of major market players in the region.
  • The non-memory ATE segment holds significant market share in the automated test equipment market contributing more than 66.5% of the revenue share.
  • The rapid growth of the semiconductor and the automotive sector fosters the market growth of the automated test equipment market.
  • By Geography, North America is expected to hold a significant share in the Automated Test Equipment Market owing to the increase in adoption of automated test equipment’s in the aerospace and defense sector.

Regional Snapshots

North America is also expected to witness a remarkable growth in the upcoming years owing to the increase in adoption of automated test equipment in the aerospace and defense sector. Asia Pacific region is estimated to dominate the market with the contribution of more than 76% of revenue share in 2021 owing to the presence of major market players in the region. China and Taiwan in this region will dominate the market share.

Competitive Intelligence

The automated test equipment market report provides an understanding of the market composition and explains the role of established players and regional contributors. It is essential for the market players to make calculative moves and focus on client acquisition and retention. The detailed company profiles will provide the necessary intelligence to the reader. In order to maintain their share, the market players are focusing on strategies such as cross-border expansion, product differentiation, and so on.

Some of the key players in the global automated test equipment market include are Aemulus Holdings Bhd (“Aemulus”); Chroma ATE Inc.; Aeroflex Inc. (a subsidiary of Cobham plc); Astronics Corporation; Advantest Corporation; LTX-Credence Corporation (Xcerra Corporation); Teradyne Inc.; Star Technologies Inc.; Tesec Corporation; Roos Instruments, Inc.; Marvin Test Solutions Inc.; Danaher Corporation.

Segments Covered in the Report

By Product

  • Non-Memory ATE
  • Memory ATE
  • Discrete ATE

By End User

  • Automotive
  • Consumer
  • Aerospace & Defence
  • IT & Telecommunications
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Russia
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Automated Test Equipment Market, By Product

7.1. Automated Test Equipment Market, by Product Type, 2021-2030

7.1.1. Non-Memory ATE

7.1.1.1. Market Revenue and Forecast (2019-2030)

7.1.2. Memory ATE

7.1.2.1. Market Revenue and Forecast (2019-2030)

7.1.3. Discrete ATE

7.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 8. Global Automated Test Equipment Market, By End User

8.1. Automated Test Equipment Market, by End User, 2021-2030

8.1.1. Automotive

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Consumer

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Aerospace & Defense

8.1.3.1. Market Revenue and Forecast (2019-2030)

8.1.4. IT & Telecommunications

8.1.4.1. Market Revenue and Forecast (2019-2030)

8.1.5. Others

8.1.5.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Automated Test Equipment Market, Regional Estimates and Trend Forecast

9.1. North America

9.1.1. Market Revenue and Forecast, by Product (2019-2030)

9.1.2. Market Revenue and Forecast, by End User (2019-2030)

9.1.3. U.S.

9.1.3.1. Market Revenue and Forecast, by Product (2019-2030)

9.1.3.2. Market Revenue and Forecast, by End User (2019-2030)

9.1.4. Rest of North America

9.1.4.1. Market Revenue and Forecast, by Product (2019-2030)

9.1.4.2. Market Revenue and Forecast, by End User (2019-2030)

9.2. Europe

9.2.1. Market Revenue and Forecast, by Product (2019-2030)

9.2.2. Market Revenue and Forecast, by End User (2019-2030)

9.2.3. UK

9.2.3.1. Market Revenue and Forecast, by Product (2019-2030)

9.2.3.2. Market Revenue and Forecast, by End User (2019-2030)

9.2.4. Germany

9.2.4.1. Market Revenue and Forecast, by Product (2019-2030)

9.2.4.2. Market Revenue and Forecast, by End User (2019-2030)

9.2.5. France

9.2.5.1. Market Revenue and Forecast, by Product (2019-2030)

9.2.5.2. Market Revenue and Forecast, by End User (2019-2030)

9.2.6. Rest of Europe

9.2.6.1. Market Revenue and Forecast, by Product (2019-2030)

9.2.6.2. Market Revenue and Forecast, by End User (2019-2030)

9.3. APAC

9.3.1. Market Revenue and Forecast, by Product (2019-2030)

9.3.2. Market Revenue and Forecast, by End User (2019-2030)

9.3.3. India

9.3.3.1. Market Revenue and Forecast, by Product (2019-2030)

9.3.3.2. Market Revenue and Forecast, by End User (2019-2030)

9.3.4. China

9.3.4.1. Market Revenue and Forecast, by Product (2019-2030)

9.3.4.2. Market Revenue and Forecast, by End User (2019-2030)

9.3.5. Japan

9.3.5.1. Market Revenue and Forecast, by Product (2019-2030)

9.3.5.2. Market Revenue and Forecast, by End User (2019-2030)

9.3.6. Rest of APAC

9.3.6.1. Market Revenue and Forecast, by Product (2019-2030)

9.3.6.2. Market Revenue and Forecast, by End User (2019-2030)

9.4. MEA

9.4.1. Market Revenue and Forecast, by Product (2019-2030)

9.4.2. Market Revenue and Forecast, by End User (2019-2030)

9.4.3. GCC

9.4.3.1. Market Revenue and Forecast, by Product (2019-2030)

9.4.3.2. Market Revenue and Forecast, by End User (2019-2030)

9.4.4. North Africa

9.4.4.1. Market Revenue and Forecast, by Product (2019-2030)

9.4.4.2. Market Revenue and Forecast, by End User (2019-2030)

9.4.5. South Africa

9.4.5.1. Market Revenue and Forecast, by Product (2019-2030)

9.4.5.2. Market Revenue and Forecast, by End User (2019-2030)

9.4.6. Rest of MEA

9.4.6.1. Market Revenue and Forecast, by Product (2019-2030)

9.4.6.2. Market Revenue and Forecast, by End User (2019-2030)

9.5. Latin America

9.5.1. Market Revenue and Forecast, by Product (2019-2030)

9.5.2. Market Revenue and Forecast, by End User (2019-2030)

9.5.3. Brazil

9.5.3.1. Market Revenue and Forecast, by Product (2019-2030)

9.5.3.2. Market Revenue and Forecast, by End User (2019-2030)

9.5.4. Rest of LATAM

9.5.4.1. Market Revenue and Forecast, by Product (2019-2030)

9.5.4.2. Market Revenue and Forecast, by End User (2019-2030)

Chapter 10. Company Profiles

10.1. Aemulus Holdings Bhd (“Aemulus”)

10.1.1. Company Overview

10.1.2. Product Offerings

10.1.3. Financial Performance

10.1.4. Recent Initiatives

10.2. Chroma ATE Inc.

10.2.1. Company Overview

10.2.2. Product Offerings

10.2.3. Financial Performance

10.2.4. Recent Initiatives

10.3. Aeroflex Inc. (a subsidiary of Cobham plc)

10.3.1. Company Overview

10.3.2. Product Offerings

10.3.3. Financial Performance

10.3.4. Recent Initiatives

10.4. Astronics Corporation

10.4.1. Company Overview

10.4.2. Product Offerings

10.4.3. Financial Performance

10.4.4. Recent Initiatives

10.5. Advantest Corporation

10.5.1. Company Overview

10.5.2. Product Offerings

10.5.3. Financial Performance

10.5.4. Recent Initiatives

10.6. LTX-Credence Corporation (Xcerra Corporation)

10.6.1. Company Overview

10.6.2. Product Offerings

10.6.3. Financial Performance

10.6.4. Recent Initiatives

10.7. Teradyne Inc.

10.7.1. Company Overview

10.7.2. Product Offerings

10.7.3. Financial Performance

10.7.4. Recent Initiatives

10.8. Star Technologies Inc.

10.8.1. Company Overview

10.8.2. Product Offerings

10.8.3. Financial Performance

10.8.4. Recent Initiatives

10.9. Tesec Corporation

10.9.1. Company Overview

10.9.2. Product Offerings

10.9.3. Financial Performance

10.9.4. Recent Initiatives

10.10. Roos Instruments, Inc.

10.10.1. Company Overview

10.10.2. Product Offerings

10.10.3. Financial Performance

10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research

11.2. Secondary Research

11.3. Assumptions

Chapter 12. Appendix

12.1. About Us

12.2. Glossary of Terms

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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