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Automated Test Equipment Market By Product Type (Non-memory ATE, Memory ATE, Discrete ATE), By End-use Vertical (Industrial Manufacturing, Semiconductors & Electronics, Automotive, Defense & Aerospace, Others) - Growth, Future Prospects And Competitive Landscape, 2018 – 2026

The global automated test equipment market was valued US$ 3,826.7 Mn in 2017 and is expected register growth at 3.7% CAGR during the forecast period from 2018 to 2026. The technical complexity involved in electronic device testing varies broadly, ranging from the simplest type (manual testing) to the most sophisticated large scale automatic testing. In case of manual testing, the requisite testing infrastructure varies with the device type to be tested. On the other hand, automated testing equipment offers tremendous flexibility, allowing multiple devices to be tested without requiring any changes to be made to the test hardware. In addition to the versatility offered, automated testing equipment enables electronic testing of great complexity, although at a price.

Automated Test Equipment Market

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"North America Leads; Asia Pacific Poised to Register Superior Growth during the Forecast Period"

In 2017, North America led the global automated test equipment market closely followed by Asia Pacific and Europe respectively. The value contribution of North America to the global automated testing equipment market stood at over 32% in the same year. The dominance is largely credited to the regulated demand from the huge defense and aerospace industry in the region. On the other hand, Asia Pacific is poised to register superior growth, surpassing North America to become the largest automated test equipment market worldwide. Steady growth in industrial automation, automotive production, and burgeoning consumer electronics industry will drive demand for automated test equipment across industry verticals during the forecast period from 2018 to 2026.

Automated Test Equipment Market

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"Growth in Consumer Electronics Industry to Complement Market Growth"

In 2017, semiconductor & electronics represented the most attractive vertical in the global automated testing equipment market. Growing pressure on semiconductor and electronics manufacturers to attain economies of scale, deliver quality product, and meet the ever-rising consumption demand has led to increased industrial automation. This, in turn has had positive impact on the overall demand for automated testing solutions for inspection and quality control. Thus, mounting pressure to achieve quality standards and limit errors that occur in manual testing will favor market demand across almost all end-use segments during the forecast period from 2018 to 2026.

Automated Test Equipment Market

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Key Players:

Some of the leading manufacturers profiled in the research study include Virginia Panel Corporation, Xcerra Corporation, Mac Panel Company, National Instruments, Spea S.P.A, Star Technologies, Advantest Corporation, Roos Instruments, Inc., Aeroflex, Inc., Astronics Corporation, and Chroma Ate, Inc. among others.

Automated Test Equipment Market

Historical & Forecast Period

This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2016 to 2026, considering 2017 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment is calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

Key segments covered in the report are as follows:

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion
Segmentation

 Product Type Segment (2016–2026; US$ Mn)
 • Memory ATE
 • Non-memory ATE
 • Discrete ATE

 End-use Vertical Segment (2016–2026; US$ Mn)
 • Industrial Manufacturing
 • Semiconductors & Electronics
 • Automotive
 • Defense & Aerospace
 • Others

 Geography Segment (2016–2026; US$ Mn)
 • North America (U.S., Rest of North America)
 • Europe (U.K., Germany, France, Rest of Europe)
 • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
 • Rest of the World (Middle East & Africa, Latin America)

Key questions answered in this report

  • What was the global automated test equipment market size in 2016 & 2017?
  • What is the estimated forecast and market projections from 2018 up to 2026?
  • Which is the largest regional market for automated test equipment?
  • Which product variant contributes the largest revenue worldwide?
  • Which end-use segment (industry vertical) has the highest penetration of automated test equipment worldwide?
  • Predominant trends shaping the global automated test equipment market worldwide
  • Who are the leading manufacturers in the global automated test equipment market worldwide?
  • What are the key strategies adopted by the leading manufacturers in the global automated test equipment market?
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Budget Buying
Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  May 2019
Category:  Automation & Process Control
Report ID:   59683
Report Format:   PDF
Pages:   120
Rating:    4.2 (69)
Delivery Time: 24 Hours to 48 Hours   
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