0
2021
Automatic Test Equipment Market

Automatic Test Equipment Market

By Type (Memory, Mixed Signal, Digital, and Others), Component (Industrial PC, Mass Interconnect, Handler, Prober, and Others), and Industry Vertical (Aerospace & Defense, Automotive & Transportation, Consumer Electronics, Information & Communication, Healthcare & Life Science, and Others): Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A02045
Pages: 322
Oct 2021 | 9570 Views
Author(s) : Himanshu J , Vineet K
Tables: 143
Charts: 78
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Automatic Test Equipment Market

Request Now !

Automatic Test Equipment Market Outlook - 2030

The global automatic test equipment market size was valued at $6.44 billion in 2020, and is projected to reach $9.52 billion by 2030, growing at a CAGR of 4.2% from 2021 to 2030. 

The handler segment has been adversely impacted by the emergence of COVID-19 pandemic.

Automatic test equipment, also known as automated test equipment, is a computerized machinery solution that employs test instruments to assess and conduct findings of quality, performance, functionality, and stress tests performed on electronic equipment and systems. Furthermore, automatic test equipment is used to test devices such as printed circuit boards (PCBs), integrated circuits (ICs), and hard disc drives (HDDs). Furthermore, devices used to test automatic test equipment for PCB are referred to as unit under test, device under test, and equipment under test. Furthermore, automatic test system is designed to reduce broad variability troubleshooting to ensure test and cycle time consistency.

Automatic-Test-Equipment-Market-2021-2030

Semiconductor automatic test equipment monitors, controls, and captures data using insights from a wide range of signals and instruments such as digital storage oscilloscopes, digital multi-meters, LCR meters, arbitrary waveform generators, and radiofrequency or vector signal generators. Further, next-generation automatic test equipment is designed to digitize and automate traditional manual testing equipment, procedures, and processes to cut down testing time and money. In addition, rise in use of data diagnostic and acquisition tools for testing electronic applications across the aerospace & defence and industrial automation sector offers significant opportunities for the automatic test equipment market growth. 

The automatic test equipment market share is expected to witness notable growth during the forecast period, owing to rise in penetration of 5G and Internet of Things applications, globally. Furthermore, rise in demand for SoCs in computing and AI-powered applications during the forecast period. Moreover, rise in demand for advanced semiconductor components in consumer electronics is expected to propel the automatic test equipment market analysis.

Automatic Test Equipment Market
By Type

Your browser does not support the canvas element.

Mixed Signal Segment holds a dominant position throughout the forecast period.

Get more information on this report : Request Sample Pages

However, high cost associated with purchase and maintenance is expected to restrain the market growth. Further, surge in government initiatives to propel the semiconductor industry offers significant growth opportunities for automatic test equipment. In addition, surge in adoption of energy-efficient integrated circuits solution is expected to provide a lucrative opportunity for growth of the automatic test equipment market forecast.

COVID-19 Impact Analysis 

Emergence of COVID-19 has immensely affected growth rate of the market in 2020. Further, the market is estimated to witness relatively slow growth till the end of 2021, owing to government regulations globally.

The market was primarily hit by several obstacles created amid the COVID-19 pandemic in the construction industry including availability of raw materials, skilled workforce, and safety measures, deliverables, contractual obligations, and project delays or cancellations. Consequently, it resulted in decrease in demand for automatic test equipment. However, rise in digital infrastructure solutions across consumer electronics and aerospace sectors is expected to drive growth of the automatic test equipment market post pandemic

Automatic Test Equipment Market
By Component

Your browser does not support the canvas element.

Industrial PC segment hold domination position in 2020.

Get more information on this report : Request Sample Pages

Segmentation Review

The automatic test equipment market is segmented on the basis of type, component, industry vertical and region. On the basis of type, the market is fragmented into memory (DRAM, Flash Memory, and SRAM), mixed signal, digital, and others. The memory segment dominated the market, in terms of revenue in 2020, and is expected to follow the same trend during the forecast period. On the basis of component, the market is segregated into industrial PC, mass Interconnect, handler, prober, and others. 

The industrial PC segment was the highest revenue contributor in 2020, and is anticipated to garner significant market share during the forecast period. On the basis of industry vertical, it is fragmented into aerospace & defense, automotive & transportation, consumer electronics, information and communication, healthcare & life science, and others. The consumer electronics test equipment market share of aerospace & defense segment garnered the highest in 2020, and is expected to grow at a high CAGR from 2021 to 2030. 

Region wise, the automatic test equipment market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is expected to develop at highest rate during the forecast period. North America, specifically the U.S., remains a significant participant in the global automatic test equipment market. Major organizations and government institutions in the country are intensely putting resources into the technology. 

Automatic Test Equipment Market
By Industry Vertical

Your browser does not support the canvas element.

Healthcare and Life Science segment will grow at a highest CAGR of 6.7% during 2021 - 2030.

Get more information on this report : Request Sample Pages

Top Impacting Factors

Significant factors that impact growth of the global automatic test equipment market include surge in penetration of 5G and Internet of Things-based applications, coupled with increase in demand for advanced semiconductor components in consumer electronics. Moreover, rise in demand for SoCs in computing and applications is expected to drive the market growth. However, high cost associated with purchase and maintenance of automatic test equipment acts as a major barrier for early adoption, which hampers growth of the market. On the contrary, rise in government initiatives to boost the semiconductor industry paired with a rise in adoption of energy-efficient integrated circuits solutions is anticipated to provide remunerative opportunities for expansion of the automatic test equipment industry during the forecast period.

Competitive Analysis

Competitive analysis and profiles of the major players in automatic test equipment industry are Advantest Corporation, Cal-Bay Systems, Inc. (Averna), Chroma ATE Inc., LTX-Credence (Cohu, Inc.), Marvin Test Solution, Inc., National Instruments Corp., Roos Instruments, Inc., Shinbashi Inc., SPEA S.p.A., and Teradyne Inc. are provided in this report. 

Automatic Test Equipment Market
By Region

2030
Asia-pacific 
North America
Europe
LAMEA

North America segment garner significant market share in 2020.

Get more information on this report : Request Sample Pages

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the automatic test equipment market size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall automatic test equipment market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current automatic test equipment market forecast is quantitatively analyzed from 2021 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the smart display.
  • The report includes the market share of key vendors and automatic test equipment market trends.

Key Market Segments

By Type

  • Memory
  • DRAM
  • Flash Memory
  • SRAM
  • Mixed Signal
  • Digital 
  • Others

By Component

  • Industrial PC
  • Mass Interconnect
  • Handler
  • Prober
  • Others

By Industry Vertical

  • Aerospace & Defense
  • Automotive and Transportation
  • Consumer electronics
  • Information and Communication
  • Healthcare & Life Science
  • Other

Key Players

  • Advantest Corporation.
  • Cal-Bay Systems, Inc. (Averna)
  • Chroma ATE Inc.
  • LTX-Credence (Cohu, Inc.)
  • Marvin Instruments Corp.
  • National Instruments Corp.
  • Roos Instruments, Inc.
  • Shinbashi, Inc.
  • SPEA S.p.A.
  • Teradyne Inc.
 

Loading Table Of Content...


 
 

Consumer electronics and aerospace & defense industries is the most promising sector witnessing a surge in adoption for enhanced error or faults detection solutions such as automatic test equipment. Automated test equipment is a machine designed to conduct a test on various electronics applications known as devices under test. Further, automatic test equipment is usually equipped with wireless communication, radar, and electronic component manufacturing. In addition, rise in demand for next-generation semiconductor components across consumer electronics is expected to offer profitable opportunities for the automatic test equipment market.

The global automatic test equipment market is highly competitive, owing to strong presence of existing vendors. Automatic test equipment vendors, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals, as they have the capacity to cater to the market requirements. Competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by key vendors.

Surge in demand for consumer electronics and aerospace & defense industries globally propels the need to enhance automatic test equipment solutions. Moreover, prime economics, such as the U.S., China, Germany and Japan, plan to develop and deploy next-generation automatic test equipment solutions across various sectors. For instance, on June 11, 2020, according to a report by The New York Times, Lawmakers considering investing tens of billions of dollars across the American semiconductor industry in the next five to 10 years, which is anticipated to provide lucrative opportunities for the market growth.

Among the analyzed regions, North America exhibits the highest adoption rate of automatic test equipment and has been experiencing massive expansion of the market. On the other hand, Asia-Pacific is expected to grow at a faster pace, predicting lucrative growth due to emerging countries, such as China, Japan, and India, investing in these technologies. Regions, such as the Middle East and Africa, are also expected to offer new opportunities in the automatic test equipment market in future.

Globally, various key players and government agencies are investing in automatic test equipment to make them compatible with various industrial platforms. For instance, . In addition, in January 2021, Hprobe, a leading provider of turnkey semiconductor automatic test equipment for magnetic devices, announced to establish a subsidiary company in Germany. All these developments across automatic test equipment showcase lucrative growth opportunities for the market growth. 

The key players profiled in the report include Advantest Corporation, Cal-Bay Systems, Inc. (Averna), Chroma ATE Inc., LTX-Credence (Cohu, Inc.), Marvin Test Solution, Inc., National Instruments Corp., Roos Instruments, Inc., Shinbashi Inc., SPEA S.p.A., and Teradyne Inc.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The Automatic Test Equipment Market is estimated to grow at a CAGR of 4.2% from 2021 to 2030.

A. The Automatic Test Equipment Market is estimated to grow at a CAGR of 4.2% from 2021 to 2030.

A. The Automatic Test Equipment Market is projected to reach $9.52 billion by 2030.

A. To get the latest version of sample report

A. rise in use of data diagnostic and acquisition tools for testing electronic applications across the aerospace & defence and industrial automation sector offers significant opportunities for the automatic test equipment market growth.

A. The key players profiled in the report include Advantest Corporation, Cal-Bay Systems, Inc. (Averna), Chroma ATE Inc., LTX-Credence (Cohu, Inc.), Marvin Test Solution, Inc., National Instruments Corp., Roos Instruments, Inc., Shinbashi Inc., SPEA S.p.A.,Teradyne Inc, and many more.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Automatic Test Equipment Market is segmented on the basis of type, component, industry vertical and region.

A. The key growth strategies of Automatic Test Equipment market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

A. Mixed Signal Segment holds a dominant position throughout the forecast period.

A. Healthcare and Life Science segment will grow at a highest CAGR of 6.7% during 2021 - 2030.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Automatic Test Equipment Market

Start reading instantly.
This Report and over 19,654+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,707
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Oct 2022 - Oct 2023)
  • Data Pack
  • $4,118
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2022 - Oct 2023)
  • Single User
  • $5,760
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2022 - Oct 2023)
  • Five Users
  • $6,918
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2022 - Oct 2023)
  • Enterprise
    License/PDF

  • $10,648
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2022 - Oct 2023)
  • Library
    Membership

  • $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers