Automated Test Equipment Market Size to Surpass USD 17.61 billion in value by 2030, at CAGR of 9.5%
Automated test equipment sees growing demand in various industries for its ability to streamline testing processes and improve product quality.
LUTON, BEDFORDSHIRE, UNITED KINGDOM, April 3, 2024 /EINPresswire.com/ -- โ๐๐ฑ๐๐๐ญ๐ข๐ญ๐ฎ๐๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐๐ง๐๐ฒ ๐๐ก๐๐ญ ๐๐๐๐ฌ ๐ ๐ฅ๐๐ฏ๐จ๐ฎ๐ซ ๐๐จ ๐๐จ๐ฎ๐ซ ๐๐ฎ๐๐๐๐ฌ๐ฌโ
The Automated Test Equipment Market Size, Scope, and Forecast 2024-2030 report has been added to the Market research collection of Exactitude Consultancy reports.ย The growth is driven by the use of Automated Test Equipment (ATE) in the automotive and semiconductor industry. A significant increase in the number of connected devices and consumer electronics, along with an increasing focus of many companies on quality improvement along with end-to-end testing solutions, is expected to further drive the market. Implementation of ATE in semiconductor manufacturing companies to enhance performance capability and speed of operation and, in turn, reduce the cost of semiconductor devices is expected to positively influence growth.
The global automated test equipment market size is projected to grow from USD 9.33 billion in 2023 to USD 17.61 billion by 2030, exhibiting a CAGR of 9.5% during the forecast period.
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Increasing adoption of System on Chip (SoC) and high demand for consumer electronics is expected to be a key driving force for the ATE market over the forecast period. Growing electronic components in the automotive sector and penetration of smartphones are expected to drive the market. Miniaturization has widened the scope of ATE application. Additionally, considerable technological advancements coupled with design complexity and the need for effective testing are expected to fuel the market.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐ญ๐ฎ๐๐ฒ ๐๐ซ๐: Astronics Corporation, Chroma ATE Inc., Cobham Limited, Cohu, Inc, Danaher, MAC Panel Company, Marvin Test Solutions, Inc., National Instruments Corporation, Roos Instruments, SPEA S.p.A., STAr Technologies Inc., Teradyne Inc., TESEC Corporation, Testamatic Systems Pvt. Ltd., Theta Measurement & Control Solutions Pvt Ltd., VIAVI Solutions Inc., Virginia Panel Corporation, Xcerra Corporation and other Prominent players.
Recent Developments in Automated Test Equipment Industry
In March 2022, National Instruments announced its Test Workflow subscription bundle for automated test systems. This offering expands engineersโ access to the software needed to design and automate a test or measurement system through a single software license.
In December 2021, Advantest Corporation introduced and has begun shipping the fourth generation of its high-speed image-processing engine that applies heterogeneous computing technology to detect defects in the data output from today's most advanced CMOS image sensors (CIS). When integrated into the proven T2000 ISS platform, the new T2000 IP Engine 4 (Image Processing Engine 4) system provides the optimal means of evaluating the latest high-resolution, high-speed CIS devices used in advanced smartphone cameras.
In April 2021, Astronics Corporation announced its next-generation circuit card diagnostic and test system, the PinPoint 3-PXIe (P3-PXIe). The P3-PXIe helps to identify failures down to the component level and can test a variety of mixed-signal products with the flexibility of PXIe.
In January 2021, Teradyne announced that the companyโs UltraFLEX test platform has enabled AI chip company Syntiant Corp. to successfully ship millions of its microwatt-power, deep learning Neural Decision Processors to customers worldwide. Using its UltraFLEX test platform, Teradyne is currently supporting the qualification and production ramp of the Syntiant NDP120 and Syntiant NDP121 Neural Decision Processors, Syntiant Corpโs second-generation hardware platforms, to run multiple audio applications simultaneously at under 1mW power consumption.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐ข๐ฌ ๐๐ง ๐ข๐ฆ๐ฉ๐จ๐ซ๐ญ๐๐ง๐ญ ๐ข๐ฌ๐ฌ๐ฎ๐ ๐ข๐ง ๐๐ง๐ฒ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ. With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Automated Test Equipment Market. The major and emerging players of the Automated Test Equipment Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Automated Test Equipment market.
๐๐ก๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐ฌ๐๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐๐ฌ ๐ ๐ญ๐ก๐จ๐ซ๐จ๐ฎ๐ ๐ก ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ฌ๐ญ๐ฎ๐๐ฒ ๐จ๐ง ๐ค๐๐ฒ ๐ญ๐ฒ๐ฉ๐ ๐๐ง๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ Automated Test Equipment ๐ฆ๐๐ซ๐ค๐๐ญ
Automated Test Equipment Market by Type
Logic Testing
PCB Testing
Interconnection & Verification Testing
Automated Test Equipment Market by Product
Non-Memory ATE
Memory ATE
Discrete ATE
Automated Test Equipment ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐๐ ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐จ๐ฌ๐๐ ๐๐ซ๐: North America, Europe, Asia Pacific, Oceania, South America, geographical region & continent
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ ๐๐ซ๐๐๐ค-๐๐ฉ: u. s., Canada, Mexico, Brazil, Argentina, Colombia, Chile, Nigeria, Tunisia, Morocco, Germany, uk (UK), Holland, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, China, Japan, Taiwan, South Korea, Singapore, India and Australia etc.
The Asia Pacific segment led the market and accounted for more than 76% share of the global revenue in 2023. The region is expected to dominate over the forecast period, attributed to the significant presence of semiconductor industries. China and Taiwan are expected to hold the maximum regional revenue share. Adaptive testing, advanced Design-For-Test (DFT), faster mixed-signal testers, fine-pitch probe cards, and design standards among others are few future technologies expected to significantly change the market dynamics. Increase in government initiatives by countries like China, Indonesia, Malaysia, Singapore, Thailand, and Taiwan to develop advanced manufacturing processes is also expected to boost growth.
๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ซ ๐๐ฎ๐๐ซ๐ฒ, ๐๐ข๐ฌ๐ข๐ญ @
https://exactitudeconsultancy.com/reports/41399/automated-test-equipment-market/
๐๐๐ซ๐'๐ฌ ๐ก๐จ๐ฐ ๐๐ฑ๐๐๐ญ๐ข๐ญ๐ฎ๐๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐๐ง๐๐ฒ ๐ก๐๐ฅ๐ฉ๐ฌ ๐ญ๐ก๐ ๐ฌ๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐๐ง๐๐ฎ๐ฅ๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ฏ๐๐ฅ๐ฎ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐จ๐ฅ๐ฅ๐๐๐จ๐ซ๐๐ญ๐ข๐จ๐ง๐ฌ: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.
๐๐๐ซ๐๐๐๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง๐ฌ: The report analyses the demographics, growth potential, and capability of the Automated Test Equipment market through the forecast period.
๐๐ก๐ข๐ฌ ๐๐๐๐ญ๐จ๐ซ ๐ฅ๐๐๐๐ฌ ๐ญ๐จ ๐ญ๐ก๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ Automated Test Equipment market size and also provides an outline about how the market will retrieve growth during the assessment period.
๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก: The report focuses on the ongoing and upcoming investment opportunities across a particular Automated Test Equipment market that will help the stakeholders to be aware of the current investment scenario across the market.
๐๐ก๐๐ญ ๐ข๐ฌ ๐ง๐๐ฐ ๐ข๐ง ๐๐๐๐?
- Major developments that can change the business landscape as well as market forecasts.
- Addition/refinement in segmentationโIncrease in depth or width of segmentation of the market.
- Coverage of new market players and change in the market share of existing players of the Automated Test Equipment market.
- Updated financial information and product portfolios of players operating in the Automated Test Equipment ย market.
- Updated market developments of the profiled players.
- Any new data points/analysis (frameworks) which was not present in the previous version of the report
The new edition of the report consists of trends/disruptions on customerโs business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Automated Test Equipment.
๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐ฌ๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
- Country level market for Automated Test Equipment market (up to 5)
- Profiling and additional market players (up to 5)
- Up to 40 hours of customization.
- post-sales support for 1 year from the date of delivery.
Please contact our sales professional ( sales@exactitudeconsultancy.com ), ย we will ensure you obtain the report which works for your needs.
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