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.
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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.
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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.
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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.
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?
