Automated Test Equipment

Automated Test Equipment Market is on Track to Exceed $ 9.58 Bn by 2030 Automated Test Equipment Market Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 - 2030

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As per the experts, the automated test equipment market is predicted to record a growth rate of 3.5% from 2021-2030 and is projected to reach US$ 9.58 billion by 2030.

The study provides the overall revenue of the global automated test equipment market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

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.

The global automated test equipment market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the automated test equipment industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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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.

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.

Scope of the Automated Test Equipment Market Report

Report Coverage Details
Market Size in 2021 US$ 7.1 billion
Growth Rate from 2021 to 2030 CAGR of 3.5%
Base Year 2021
Forecast Period 2021 to 2030
Largest Market APAC
Fastest Growing Market North America
Segments Covered Product, End User, Region

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.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global automated test equipment market 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

Some of the key highlights of the report are:

  • Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Precedence Research presents the most precise rate of growth for the market for the assessment period starting from 2021 – 2030.
  • Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Competitive Landscape Analysis – Some of the leading companies operating in the automated test equipment market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

Why should you invest in this report?

If you are aiming to enter the global automated test equipment market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for automated test equipment are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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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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