Automated Test Equipment Market Research Report- Global Forecast to 2027

Global Automated Test Equipment Market, by Component (Industrial PC, Mass Interconnect, Handlers, Probers, Semiconductors), by Application (Consumer Electronics, Automotive, Aerospace and Defense, Telecommunication), by Type (Memory ATE, Non Memory ATE, Discreet ATE) - Forecast to 2027

ID: MRFR/ICT/0660-CR | February 2020 | Region: Global | 90 pages

Automated Test Equipment Market Overview:
According to the latest research report, the market for Automated Test Equipment (ATE) market size is projected to expand at a compound annual growth rate (CAGR) of 3.5 percent (2016-2022). There is a rising need for efficient power control in the global market, as well as growing demand for smartphones that is driving the growth of the semiconductor industry, as well as a growing market for consumer electronics, among other factors. Consumer electronics are becoming more sophisticated; thus, it is necessary to reduce production time and costs, among other things, to fuel the development of the ATE industry. As a result, the market for Automated Test Equipment (ATE) is projected to expand at a compound annual growth rate of 3.5 percent (2016-2022). While there are some severe problems to the growth of the Automated Test Equipment (ATE) Market, such as highly competitive among industrial manufacturers and dynamic changes in technology, there are also some major factors that are impeding the expansion of the market.

As System on Chip (SoC) technology becomes more widely used, there will be greater demand for consumer electronics, which is anticipated to be a major driving factor in the ATE market during the forecast period. The increasing use of electronic components in the automotive industry, as well as the widespread use of smartphones, are anticipated to propel the market forward. The use of ATE has been broadened as a result of miniaturisation. Furthermore, significant technical advances, along with the complexity and the need for offers a significant, are anticipated to drive the market. It is anticipated that advancements in semiconductor manufacturing processes, as well as the development of wireless networks in emerging countries, would substantially contribute to the growth of the automated test equipment market in the coming years. Additionally, significant technical advances, along with the complexity and the need for offers significant, are anticipated to be beneficial to the Automated Test Equipment market's growth.


This report contains all the information on the global Automated Test Equipment (ATE) market analysis and its strengths. The report also contains the culmination of dynamics, segmentation, key players, regional analysis, and other important factors. And a detailed analysis of the global Automated Test Equipment (ATE) market forecast for 2022 is also included in the report.


Automated Test Equipment Market Covid 19 Analysis:
The COVID-19 pandemic has had a negative effect on a number of sectors, including the ATE industry, which has not been spared. Because of the strict lockdowns imposed as a result of the fast spread of the virus, the ATE market was forced to suffer from a manufacturing perspective. ATE products remained popular in 2020 because of regulated needs from the IT & Telecom sector, which was particularly strong during the second quarter of the year. The rising trend of remote work has resulted in increasing demand for connection and information technology goods, which has, in turn, boosted the need for automated test gear.


Automated Test Equipment Market Dynamic:
Drivers:
The usage of Automated Test Equipment (ATE) in the automotive and semiconductor industries is the primary driver of this expansion. A significant rise in the number of linked household appliances electronics, as well as a growing emphasis by businesses on performance improvement and end-to-end testing solutions, is anticipated to propel the market even further forward. This growth is anticipated to be influenced favorably by the use of advanced technology in semiconductor manufacturing firms in order to improve the dynamic performance, fast response, and ultimately decrease the cost of semiconductor devices.


Opportunities:
One of the primary reasons driving the automated test equipment market is the increasing complexity of design coupled with significant technical breakthroughs such as enhanced Design for Test (DFT) and adaptive testing. Furthermore, recent developments in the Internet of Things (IoT) devices and autonomous cars, as well as major changes in the military and aerospace industries, have all had a big impact on the market's characteristics. The advancement of semiconductor manufacturing techniques, as well as the development of wireless networks in emerging countries, are anticipated to offer substantial potential automated test equipment market opportunities for the worldwide market in the coming years.

Restraints:
The due to the costs associated with automation testing equipment are a significant impediment to the development of the worldwide automated test equipment market in general. Additional constraints limiting the development of the target market include expensive capital expenditures combined with the difficulty in connecting the device under test (DUT) with other systems.

Challenges:
During the projected period, the unpredictable demand for semiconductors is anticipated to provide a barrier to the expansion of the Automated Test Equipment market.

Cumulative Growth Analysis:
North America dominates the Global Automated Test Equipment industry, holding the highest market share in the area and accounting for $ 1,272.80 million in 2016 and projected to rise to more than $ 1,564.94 million by 2022, according to market research firm Grand View Research. During the forecast period, the global automated test equipment market in Asia-Pacific is projected to expand at a compound annual growth rate of 4.3 percent, from $ 941.06 million in 2016 to $1,209.31 million in 2022. The European market for Global Automated Test Equipment Market is projected to develop at a compound annual growth rate (CAGR) of 3.3 percent (2016-2022).


Value Chain Analysis:
According to the reports, Automated Test Equipment on a Global Scale The market may be divided into four categories: type, components, applications, and geographical area. according to the component, which consists of the following: industrial PC, mass connection (including handles and probes), and semiconductor. Consumer electronics, automotive, aerospace and defense, communications, and other applications are among the segments that make up the market's application segmentation. Furthermore, the market is divided into three types: memory ATE, non-memory ATE, and discrete ATE. Memory ATE is the most common kind.


Automated Test Equipment Market Segmentation Overview:
The market is segmented on the basis of type, components, applications, and geographical area. The global Automated Test Equipment market trends are expected to witness decent growth during the forecast period.


By Application:
Based on the application, the market is segmented into Consumer electronics, automotive, aerospace and defense, communications, and others.


By end-users:


 Based on the propulsion types, the market is segmented into memory ATE, non-memory ATE, and discrete ATE.


Automated Test Equipment Market Regional Analysis:
According to the reports, on the basis of region, the global automated test equipment market is divided into North America, Europe, Asia Pacific, South America, and the middle east & Africa. In 2020, the Asia Pacific region will be the most profitable, accounting for more than 75% of worldwide sales in 2020. Because of the large presence of semiconductor companies in the area, the region is projected to continue to dominate throughout the projection period. China and Taiwan are projected to have the highest share of the revenue in the region overall. A number of upcoming technologies, such as adaptive testing, improved Design-for-Test (DFT), quicker mixed-signal testers, fine-pitch probe cards, and design standards, among others, will likely have a major impact on the market trends in the future. A rise in government efforts by nations such as China, Indonesia, Malaysia, Singapore, Thailand, and Taiwan to create sophisticated production processes is also anticipated to contribute to development, as is the introduction of new technologies.


The growing use of automated test equipment in the aerospace and military industries is expected to result in substantial increases in the North American region's revenue share during the forecast timeframe.


Automated Test Equipment Market Competitive Landscape:
According to the top players, the ATE market is highly concentrated, with the top companies accounting for the vast majority of automated test equipment market share in 2020. Business growth via strategic partnerships and the introduction of additional business solutions is a significant approach used by the major players in the industry today. Additionally, new facility center development is regarded as a major component of their main goals, which would enable these key ATE providers to better meet the substantially rising demands for transportation and storage services in the coming years.


Automated Test Equipment Market Major Key Players:


  • Chroma ATE Inc. (Taiwan)

  • Cobham Plc (U.K.)

  • Astronics Test Systems (U.S.)

  • Agilent Technologies Inc. (U.S.)

  • Teradyne Inc. (U.S.)

  • Advantest Corporation (Japan)

  • LTX-Credence Corporation (U.S.)

  • Roos Instrument Inc. (U.S.)

  • National instrument Corporation (U.S.)

  • Marvin Test Solution Inc. (U.S.)  


Report Overview:
The following report comprises of –


  • Market overview

  • Covid 19 Analysis

  • Market Dynamic

  • Drivers

  • Opportunities

  • Restraints

  • Challenges

  • Cumulative Growth Analysis

  • Value Chain Analysis

  • Segmentation Overview

  • By Application

  • By End-Users

  • Regional Analysis

  • Competitive landscape


Recent Developments:
Companies such as Teradyne Inc. and Advantest Co., Inc. are recognized as leading suppliers of advanced testing equipment. These businesses that are at the top of the market are also seeing substantial revenue growth. At the same time, other companies in the worldwide ATE market, such as CHROMA ATE INC. and Aemulus Holdings Bhd, have been identified as potential and rising players.


Product Outlook (Revenue, USD Million, 2017 - 2028)


  • Non-Memory ATE

  • Memory ATE

  • Discrete ATE


Vertical Outlook (Revenue, USD Million, 2017 - 2028)


  • Automotive

  • Consumer

  • Aerospace & Defense

  • IT & Telecommunications

  • Others


Regional Outlook (Revenue, USD Million, 2017 - 2028)
 North America:


  • U.S.

  • Canada

  • Mexico


Europe:


  • U.K.

  • Germany


Asia Pacific:


  • China

  • Japan

  • South Korea

  • Taiwan

  • Thailand

  • Singapore

  • Malaysia


South America:


  • Brazi

  • Middle East & Africa



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Frequently Asked Questions (FAQ) :


The Global Automated Test Equipment Market will be growing from 2020 through 2027.

The global Automated Test Equipment (ATE) would be growing at 3.5% CAGR in the coming years.

Chroma ATE Inc. (Taiwan), Cobham Plc (U.K.), Astronics Test Systems (U.S.), Agilent Technologies Inc. (U.S.) are the key players participating in the market’s growth.

North America is leading the Global Automated Test Equipment Market with the largest market share.

$ 1,564.94 million is the valuation that the market will be gaining by 2022.

1 INTRODUCTION

1.1 INTRODUCTION 11

1.2 SCOPE OF STUDY 11

1.3 RESEARCH OBJECTIVES 11

1.3.1 ASSUMPTION 11

1.3.2 LIMITATION 11

1.3.3 MARKET STRUCTURE 11

1.3.3.1 Global Automated Test Equipment Market by Component 11

1.3.3.2 Global Automated Test Equipment Market by Type 11

1.3.3.3 Global Automated Test Equipment Market by Application 12

1.3.3.4 Global Automated Test Equipment Market by Region 12

2 RESEARCH METHODOLOGY

2.1 RESEARCH PROCESS 13

2.2 PRIMARY RESEARCH 14

2.3 SECONDARY RESEARCH 14

2.4 FORECAST MODEL 15

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST 15

2.4.2 MARKET SIZE ESTIMATION 15

2.4.3 MARKET CRACKDOWN & DATA TRIANGULATION 17

3 MARKET OVERVIEW

3.1 INTRODUCTION 18

3.2 DEFINITION 18

3.2.1 MARKET SEGMENTATION OF AUTOMATED TEST EQUIPMENT 18

3.2.1.1 Market Segmentation On the Basis of Components 18

3.2.1.2 Market Segmentation On the Basis of Types 19

3.2.1.3 Market Segmentation On the Basis of Application 19

4 FORECAST INDICATORS

4.1 GROWTH DRIVERS 20

4.1.1 RISING COMPLEXITIES IN THE DESIGN OF CONSUMER ELECTRONIC DEVICES 20

4.1.2 REQUIREMENT OF HIGH EFFICIENCY OF THE ATES, FOR INCREASING THE THROUGHPUT 20

4.1.3 STRONG RISE IN APPLICATIONS IN THE AUTOMOTIVE MARKET 21

4.1.4 REDUCED MANUFACTURING TIME AND COST 21

4.2 BARRIERS 21

4.2.1 HIGH COMPETITION AMONGST THE INDUSTRY MANUFACTURERS 21

4.2.2 DYNAMIC CHANGES IN THE ATE TECHNOLOGY LIMITS THE DEMAND OF ATE IN THE MARKET 22

4.2.3 HIGH COSTS OF ATE EXPECTED TO RESTRAIN THE MARKET GROWTH 22

4.3 OPPORTUNITY 22

4.3.1 DEVELOPMENT OF SEMICONDUCTOR MANUFACTURING PROCESSES 22

4.3.2 EXPANSION OF WIRELESS NETWORKS 23

4.3.3 ADAPTION OF ENERGY EFFICIENT INTEGRATED CIRCUIT 23

4.4 MEGA TRENDS 23

4.4.1 HIGH INVESTMENT IN R&D 23

4.4.2 INCREASE GOVERNMENT INTEREST 23

5 MARKET ANALYSIS

5.1 VALUE CHAIN 24

5.2 PORTER'S 5 FORCES ANALYSIS 26

5.3 THREAT OF NEW ENTRANTS 27

5.4 SUPPLIER’S POWER 27

5.5 THREAT OF SUBSTITUTES 28

5.6 BUYER’S POWER 28

5.7 DEGREE OF COMPETITION 28

6 GLOBAL AUTOMATED TEST EQUIPMENT MARKET: BY COMPONENTS

6.1 INTRODUCTION 29

6.1.1 INDUSTRIAL PC 29

6.1.2 MASS INTERCONNECT 29

6.1.3 HANDLER 29

6.1.4 PROBER 29

6.1.5 SEMICONDUCTOR 30

7 GLOBAL AUTOMATED TEST EQUIPMENT MARKET: BY TYPES

8.1 INTRODUCTION 39

8.2 CONSUMER ELECTRONICS 40

8.3 AUTOMOTIVE 42

8.4 AEROSPACE & DEFENSE 43

8.5 TELECOMMUNICATION 44

8.6 OTHERS (MEDICAL/EDUCATION INDUSTRY) 45

8 GLOBAL AUTOMATED TEST EQUIPMENT MARKET: BY COUNTRY

9.1 INTRODUCTION 47

9.2 AMERICAS: 48

9.2.1 NORTH AMERICA 50

9.2.2 LATIN AMERICA 51

9.3 EUROPE 51

9.4 ASIA-PACIFIC 53

9.5 ROW 56

9 GLOBAL AUTOMATED TEST EQUIPMENT MARKET: COMPETITIVE LANDSCAPE

10.1 INTRODUCTION 57

10.2 KEY MARKET DEVELOPMENT TRENDS 57

10.3 ACHIEVEMENT 58

10.4 COLLABORATION AND PARTNERSHIP 58

10.5 ACQUISITION 59

10.6 NEW PRODUCT DEVELOPMENT 60

10.7 INVESTMENT 61

10 COMPANY PROFILE

11.1 CHROMA ATE INC. 62

11.1.1 OVERVIEW 62

11.1.2 PRODUCT/BUSINESS SEGMENT OVERVIEW 62

11.1.3 FINANCIALS 63

11.1.4 KEY DEVELOPMENTS 63

11.1.5 SWOT ANALYSIS 64

11.2 COBHAM PLC 65

11.2.1 OVERVIEW 65

11.2.2 PRODUCT/BUSINESS SEGMENT OVERVIEW 65

11.2.3 FINANCIALS 66

11.2.4 KEY DEVELOPMENTS 66

11.2.5 SWOT ANALYSIS 67

11.3 ASTRONICS TEST SYSTEMS (SUBSIDIARY OF ASTRONICS CORPORATION). 68

11.3.1 OVERVIEW 68

11.3.2 PRODUCT/BUSINESS SEGMENT OVERVIEW 68

11.3.3 FINANCIALS 69

11.3.4 KEY DEVELOPMENTS 69

11.3.5 SWOT ANALYSIS 70

11.4 AGILENT TECHNOLOGIES INC. 71

11.4.1 OVERVIEW 71

11.4.2 PRODUCT/BUSINESS SEGMENT OVERVIEW 71

11.4.3 FINANCIALS 72

11.4.4 KEY DEVELOPMENTS 72

11.4.5 SWOT ANALYSIS 73

11.5 TERADYNE INC. 74

11.5.1 OVERVIEW 74

11.5.2 PRODUCT/BUSINESS SEGMENT OVERVIEW 74

11.5.3 FINANCIALS 75

11.5.4 KEY DEVELOPMENTS 75

11.5.5 SWOT ANALYSIS 76

11.6 ADVANTEST CORPORATION 77

11.6.1 OVERVIEW 77

11.6.2 PRODUCT/BUSINESS SEGMENT OVERVIEW 77

11.6.3 FINANCIALS 78

11.6.4 KEY DEVELOPMENTS 78

11.7 LTX-CREDENCE CORPORATION (SUBSIDIARY OF XCERRA COMPANY) 79

11.7.1 OVERVIEW 79

11.7.2 PRODUCT/BUSINESS SEGMENT OVERVIEW 79

11.7.3 FINANCIALS 80

11.7.4 KEY DEVELOPMENTS 80

11.8 ROOS INSTRUMENTS INC. 81

11.8.1 OVERVIEW 81

11.8.2 PRODUCT/BUSINESS SEGMENT OVERVIEW 81

11.8.3 KEY DEVELOPMENTS 81

11.9 NATIONAL INSTRUMENTS CORPORATION: 82

11.9.1 OVERVIEW 82

11.9.2 PRODUCT/BUSINESS SEGMENT OVERVIEW 82

11.9.3 FINANCIALS 83

11.9.4 KEY DEVELOPMENTS 83

11.10 MARVIN TEST SOLUTION INC. 84

11.10.1 OVERVIEW 84

11.10.2 PRODUCT/BUSINESS SEGMENT OVERVIEW: 84

11.10.3 KEY DEVELOPMENTS: KEY DEVELOPMENTS 84

11.11 ADVANCE INTEGRATION, LLC 85

11.11.1 OVERVIEW 85

11.11.2 PRODUCT/BUSINESS SEGMENT OVERVIEW 85

11.11.3 KEY DEVELOPMENTS 85

11 APPENDIX

12.1 DISCUSSION BLUE PRINT 86

12 List of Tables

TABLE 1 MARKET FACTOR ANALYSIS 27

TABLE 2 GLOBAL AUTOMATED TEST EQUIPMENT MARKET, BY TYPE (USD BILLION) 31

TABLE 3 MEMORY AUTOMATED TEST EQUIPMENT MARKET, BY APPLICATION (USD BILLION) 32

TABLE 4 MEMORY AUTOMATED TEST EQUIPMENT MARKET, BY REGION (USD BILLION) 33

TABLE 5 NON-MEMORY AUTOMATED TEST EQUIPMENT MARKET, BY APPLICATION (USD BILLION) 34

TABLE 6 NON-MEMORY AUTOMATED TEST EQUIPMENT MARKET, BY REGION (USD BILLION) 35

TABLE 7 DISCRETE AUTOMATED TEST EQUIPMENT MARKET, BY APPLICATION (USD BILLION) 36

TABLE 8 DISCRETE AUTOMATED TEST EQUIPMENT MARKET, BY REGION (USD BILLION) 37

TABLE 9 GLOBAL AUTOMATED TEST EQUIPMENT MARKET, BY APPLICATION (USD MILLION) 39

TABLE 10 CONSUMER ELECTRONICS ATE MARKET BY TYPE (USD MILLION) 41

TABLE 11 AUTOMOTIVE ATE MARKET BY TYPE (USD MILLION) 42

TABLE 12 AEROSPACE & DEFENSE ATE MARKET BY TYPE (USD MILLION) 43

TABLE 13 TELECOMMUNICATION ATE MARKET BY TYPE (USD MILLION) 44

TABLE 14 OTHERS ATE MARKET BY TYPE (USD MILLION) 46

TABLE 15 GLOBAL AUTOMATED TEST EQUIPMENT MARKET SIZE, BY REGION (USD MILLION) 47

TABLE 16 NORTH AMERICA AUTOMATED TEST EQUIPMENT MARKET SIZE BY COUNTRY (USD MILLION) 48

TABLE 17 NORTH AMERICA AUTOMATED TEST EQUIPMENT MARKET SIZE BY MEMORY TYPE (USD MILLION) 49

TABLE 18 EUROPE AUTOMATED TEST EQUIPMENT MARKET SIZE (USD MILLION) 51

TABLE 19 EUROPE AUTOMATED TEST EQUIPMENT MARKET SIZE BY MEMORY TYPE (USD MILLION) 52

TABLE 20 ASIA-PACIFIC AUTOMATED TEST EQUIPMENT MARKET SIZE (USD MILLION) 54

TABLE 21 ASIA-PACIFIC AUTOMATED TEST EQUIPMENT MARKET SIZE BY MEMORY TYPE (USD MILLION) 55

TABLE 22 ROW AUTOMATED TEST EQUIPMENT MARKET SIZE BY MEMORY TYPE (USD MILLION) 56


13 List of Figures

FIGURE 1 RESEARCH PROCESS 13

FIGURE 2 GLOBAL AUTOMATED TEST EQUIPMENT MARKET, BY TYPE (USD BILLION) 32

FIGURE 3 MEMORY AUTOMATED TEST EQUIPMENT MARKET, BY APPLICATION 33

FIGURE 4 MEMORY AUTOMATED TEST EQUIPMENT MARKET, BY REGION 34

FIGURE 5 NON-MEMORY AUTOMATED TEST EQUIPMENT MARKET, BY APPLICATION 35

FIGURE 6 NON-MEMORY AUTOMATED TEST EQUIPMENT MARKET, BY REGION 36

FIGURE 7 DISCRETE AUTOMATED TEST EQUIPMENT MARKET, BY APPLICATION 37

FIGURE 8 DISCRETE AUTOMATED TEST EQUIPMENT MARKET, BY REGION 38

FIGURE 9 GLOBAL AUTOMATED TEST EQUIPMENT MARKET, BY APPLICATION (USD MILLION) 40

FIGURE 10 CONSUMER ELECTRONICS ATE MARKET BY TYPE (USD MILLION) 41

FIGURE 11 AUTOMOTIVE ATE MARKET BY TYPE (USD MILLION) 42

FIGURE 12 AEROSPACE & DEFENSE ATE MARKET BY TYPE (USD MILLION) 44

FIGURE 13 TELECOMMUNICATION ATE MARKET BY TYPE (USD MILLION) 45

FIGURE 14 OTHERS ATE MARKET BY TYPE (USD MILLION) 46

FIGURE 15 GLOBAL AUTOMATED TEST EQUIPMENT MARKET SIZE, BY REGION 48

FIGURE 16 NORTH AMERICA AUTOMATED TEST EQUIPMENT MARKET SIZE BY COUNTRY 49

FIGURE 17 NORTH AMERICA AUTOMATED TEST EQUIPMENT MARKET SIZE BY MEMORY TYPE 50

FIGURE 18 EUROPE AUTOMATED TEST EQUIPMENT MARKET SIZE 52

FIGURE 19 EUROPE AUTOMATED TEST EQUIPMENT MARKET SIZE BY MEMORY TYPE 53

FIGURE 20 ASIA-PACIFIC AUTOMATED TEST EQUIPMENT MARKET SIZE 54

FIGURE 21 ASIA-PACIFIC AUTOMATED TEST EQUIPMENT MARKET SIZE BY MEMORY TYPE 55

FIGURE 22 ROW AUTOMATED TEST EQUIPMENT MARKET SIZE BY MEMORY TYPE 56