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Automated Test Equipment Market: Growth Opportunities to Tap into in 2020-2022

Author : Ronak Bora | Published Date : 2020-09-11 

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 ATE market growth.

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Growing smartphone penetration is a major factor catalyzing the market share as the introduction of advanced technological features in these gadgets has in turn increased the design complexities. Also, rising consumer electronics demand, use of electronic equipment in vehicles, growing trend of miniature devices in sectors like defense and IT & telecommunication are also fueling the Automated Test Equipment market share.

ATE application revenue in the IT & Telecommunication industry is forecast to reach USD 2.20 billion by 2022 driven by huge demand for testing services by communication service providers and telecom equipment manufacturers. Also, rising demand for consumer electronics such as smartphones, tablets, etc. will drive the consumer electronics Automated Test Equipment market to reach USD 1.3 billion by 2022.

Top Key Players In Automated Test Equipment Market are Advantest Corp, Advint LLC, Aeroflex Inc, Agilent Technologies Inc, Anritsu Co, Cal-Bay Systems, LTX-Credence Corp, National Instruments Corp, Rohde & Schwarz GmbH & Co. KG, SPEA S.p.A, Teradyne Inc,

Automated Test Equipment market can be segmented as Non-memory, Memory, and Discrete. Non-memory ATE market dominated the overall industry accounting for 75% revenue. Rising consumer electronics demand, coupled with growth in the automotive sector will positively impact the industry share, which is expected to grow at a CAGR of 2.8% over the period of 2015-2022. Discrete ATE market will be the fastest growing product segment registering a CAGR of 3% over the forecast timeframe.

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.

Table Of Content:

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

Chapter 5    ATE Application Insights

5.1    Automotive

5.1.1 Global demand in automotive, by region, (USD Million), 2012 - 2022

5.2    Consumer

5.2.1 Global demand in consumer applications, by region, (USD Million), 2012 - 2022

5.3    Defense

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    Others

5.5.1 Global demand in other applications, by region, (USD Million), 2012 - 2022

Chapter 6    ATE Regional Insights

6.1    Key trends by region

6.2    North America

6.2.4   U.S.

6.2.5   Canada

6.3    Europe

6.3.3   UK

6.3.4   Germany

6.3.5   France

6.3.6   Italy

6.3.7   Spain

6.4    Asia Pacific

6.4.3   China

6.4.4   India

6.4.5   Japan

6.5    Latin America

6.5.3   Brazil

6.5.4   Mexico

6.6    MEA

6.6.3   GCC

6.6.4   South Africa

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/automated-test-equipment-ate-market-size

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia 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. [email protected] | https://twitter.com/RonakBora26

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