Automated Test Equipment Market global industry analysis, share, statistics, trends, opportunities and forecasts by 2030

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The global Automated Test Equipment Market size is expected to be worth around US$ 11.94 billion by 2030, according to a new report by Vision Research Reports.

The global Automated Test Equipment market size was valued at US$ 16.87billion in 2020 and is anticipated to grow at a CAGR of 13.3% during forecast period 2021 to 2030.

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Automated Test Equipment Market (By Product: Non-Memory ATE, Memory ATE, Discrete ATE By Vertical: Automotive, Consumer, Aerospace & Defense, IT & Telecommunications, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

Growth Factors

Increasing adoption of System on Chip (SoC) coupled with high demand for consumer electronics is anticipated to drive the growth. Growing electronic content in automotive sector and penetration of smartphones is expected to drive the market. Furthermore, the demand for Automated Test Equipment (ATE) in manufacturing industry as the test equipment save the manufacturing cost and helps in eliminating the defective devices is projected to continue fueling the market.

Miniaturization has spurred demand across various semiconductor manufacturing companies. Additionally, considerable technological advancements coupled with design complexity and the need for adequate testing is expected to positively impact the growth. Developments in semiconductor manufacturing processes along with expansion of wireless networks in developing nations is expected to provide significant growth opportunities for the global market.

The growth of ATE market is primarily driven by semiconductor manufacturing companies which focus on cost-effective testing. Semiconductor manufacturing companies no longer consider fabrication costs as a factor for profit margin in semiconductor chip manufacturing. Semiconductor companies focus on improving their fabrication technology and look for efficient ways of testing to reduce losses due to damages. Advancements in smartphones, tablets, and SoC-based products is creating demand for greater functionality in ATE. As connected devices get smaller, more powerful, and multifaceted; they face design, application, and fabrication challenges, increasing the product demand. 

Report Highlights

 The non-memory ATE segment led the automated test equipment market and accounted for more than 76% share of the global revenue in 2020. Recent innovations in IoT devices and along with significant advancements in defense and aerospace sectors have drastically changed the market dynamics. Companies are focusing on enhancing customer satisfaction by ensuring faster time-to-market along with superior product quality and low testing costs. These factors act as significant growth drivers for the market.

The product segment is further segregated into non-memory, memory, and discrete automated test equipment. Increased complexities in semiconductor chip manufacturing needs a significant amount of test cost and time. Semiconductor companies focus on reducing the testing costs and consider outsourced equipment for the testing process instead of in-house development which is one of the primary factors driving the growth.

The IT and telecommunications ATE segment led the market and accounted for more than 58% share of the global revenue in 2020. Based on vertical, the market is categorized into automotive, consumer, aerospace and defense, IT and telecommunications, and others. The others segment includes Banking, Financial Services and Insurance (BFSI), entertainment,  and medical. Increasing application of automatic test equipment in the semiconductor assembly and manufacturing industry is expected to drive the demand for ATE. The IT and telecommunication vertical is expected to have a significant market over the forecast period.

The demand for automated test equipment is driven mainly by the increasing ST production, complexity, and performance level of semiconductor devices used in electronic products along with the emergence of development in semiconductor device technology. Furthermore, the increasing pricing pressure among semiconductor manufacturers has forced suppliers to leverage the utilization of capital equipment across multiple devices. Increasing application in the semiconductor assemble and manufacturing industry is expected to drive the product demand.

The Asia Pacific segment led the market and accounted for more than 85% share of the global revenue in 2020. The region is expected to dominate over the forecast period, attributed to the significant presence of semiconductor industries. Increase in government initiatives by countries like China, Indonesia, Malaysia, Singapore, Thailand, and Taiwan to develop the advanced manufacturing processes is also expected to boost growth.

Report Coverage Details
Market Size US$ 11.94 billion by 2030
Growth Rate CAGR of 13.3% From 2021 to 2030
Base Year 2020
Forecast Period 2021 to 2030
Segments Covered Product, Vertical, Region
Companies Mentioned 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. (a subsidiary of Innotech Corporation), Tesec Corporation, Roos Instruments, Inc., Marvin Test Solutions Inc., Danaher Corporation

Key Players

  • 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. (a subsidiary of Innotech Corporation)
  • Tesec Corporation
  • Roos Instruments, Inc.
  • Marvin Test Solutions Inc.
  • Danaher Corporation

Market Segmentation

  • Product Outlook
    • Non-Memory ATE
    • Memory ATE
    • Discrete ATE
  • Vertical Outlook
    • Automotive
    • Consumer
    • Aerospace & Defense
    • IT & Telecommunications
    • Others
  • Regional Outlook
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • Taiwan
      • Thailand
      • Singapore
      • Malaysia
    • South America
      • Brazil
    • Middle East & Africa

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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