Automated Test Equipment Market to Grow US$ 9.58 Billion by 2030

Precedence Research recently published a report on “Automated Test Equipment Market (By Product: Non-Memory ATE, Memory ATE, Discrete ATE; By End Use Industry, Automotive, Consumer, Aerospace & Defense, IT & Telecommunications, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 – 2030”, the global automated test equipment market size is projected to hit USD 9.58 billion by 2030 from an estimated USD 7.1 billion in 2021, growing at a noteworthy CAGR of 3.5% from 2021 – 2030.

The market revenue/volume with the help of widespread quantitative and qualitative insights, and forecasts of the market. This report presents breakdown of market into forthcoming and niche segments. Additionally, this research study gauges market revenue growth and its drift at global, regional, and country from 2017 to 2030. This research report evaluates automated test equipment market on a global and regional level. It offers thorough analysis of market status, growth and forecast of the global automated test equipment market for the period from 2017 to 2030.

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Crucial factors accountable for market growth are:

• The rapid growth of the automotive and the semiconductor industry.
• Increasing demand for the consumer electronics products.
• The rise in demand for complex electronic devices that requires effective testing.
• The rising telecom industry positively impacts the market growth.
• The favorable Government regulations, that promotes the development of semiconductor industry.
• The rise in demand for high quality electronics equipment’s in the defense and aerospace sector

Report Scope of the Automated Test Equipment Market

Report Highlights	Details
Market Size	USD 9.58 Billion by 2030
Growth Rate	CAGR of 3.5% From 2021 to 2030
Base Year	2021
Forecast Period	2021 to 2030
Largest Market	APAC
Fastest Growing Market	North America
Segments Covered	Product, End User, Region
Companies Mentioned	Star Technologies Inc., Chroma ATE Inc., Aeroflex Inc. (a subsidiary of Cobham plc), Teradyne Inc., Astronics Corporation, Advantest Corporation, Marvin Test Solutions Inc., LTX-Credence Corporation (Xcerra Corporation), Tesec Corporation, Roos Instruments, Inc., Danaher Corporation

Report Highlights

• Asia Pacific region is expected to grow at highest CAGR contributing more than 76% of revenue share in 2021 owing to the presence of major market players in the region.
• The non-memory ATE segment holds significant market share in the automated test equipment market contributing more than 66.5% of the revenue share.
• The rapid growth of the semiconductor and the automotive sector fosters the market growth of the automated test equipment market.
• By Geography, North America is expected to hold a significant share in the Automated Test Equipment Market owing to the increase in adoption of automated test equipment’s in the aerospace and defense sector.

Scope of the Study

This automated test equipment market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, type, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Recent Developments

• On 30th September, 2021 Advantest Corporation a Leading semiconductor test equipment supplier has announced a high frequency resolution option for its TAS7400TS terahertz optical sampling analysis system. It comprises of features such as excellent cost performance and ease of operation, a groundbreaking measurement method for high-frequency characteristic evaluation of radio wave absorbers and base materials, which are indispensable for Beyond 5G / 6G next-generation communications technology and for the millimeter-wave radar technology used in ADAS.
• On 12th January 2021, Teradyne Inc. a leading supplier of automated test solutions announced that the company’s 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.
• On 24th August 2021, Astronics Corporation a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced a cooperative agreement with Aerotec Concept of Toulouse, France. This cooperative agreement will provide Astronics the medium to expand its comprehensive design, development, analysis, substantiation, certification, kitting and manufacturing capabilities further into the aerospace market in Europe.

Key Players:

This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the automated test equipment market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.

Some of the prominent players in the automated test equipment market include 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.; Tesec Corporation; Roos Instruments, Inc.; Marvin Test Solutions Inc.; Danaher Corporation.

Segments Covered in the Report

By Product

• Non-Memory ATE
• Memory ATE
• Discrete ATE

By End User

• Automotive
• Consumer
• Aerospace & Defence
• IT & Telecommunications
• Others

By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • U.K.
  • Germany
  • France
  • Russia
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• LAMEA
  • Latin America
  • Middle East
  • Africa

Key Points Covered in automated test equipment market Study:

• Growth of automated test equipment in 2021
• Market Estimates and Forecasts (2017-2030)
• Brand Share and Market Share Analysis
• Key Drivers and Restraints Shaping Market Growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Recommendation on Key Winning Strategies
• COVID-19 Impact on Demand for automated test equipment and How to Navigate
• Key Product Innovations and Regulatory Climate
• automated test equipment Consumption Analysis
• automated test equipment Production Analysis
• automated test equipment and Management

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Automated Test Equipment Market, By Product

7.1. Automated Test Equipment Market, by Product Type, 2021-2030

7.1.1. Non-Memory ATE

7.1.1.1. Market Revenue and Forecast (2019-2030)

7.1.2. Memory ATE

7.1.2.1. Market Revenue and Forecast (2019-2030)

7.1.3. Discrete ATE

7.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 8. Global Automated Test Equipment Market, By End User

8.1. Automated Test Equipment Market, by End User, 2021-2030

8.1.1. Automotive

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Consumer

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Aerospace & Defense

8.1.3.1. Market Revenue and Forecast (2019-2030)

8.1.4. IT & Telecommunications

8.1.4.1. Market Revenue and Forecast (2019-2030)

8.1.5. Others

8.1.5.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Automated Test Equipment Market, Regional Estimates and Trend Forecast

9.1. North America

9.1.1. Market Revenue and Forecast, by Product (2019-2030)

9.1.2. Market Revenue and Forecast, by End User (2019-2030)

9.1.3. U.S.

9.1.3.1. Market Revenue and Forecast, by Product (2019-2030)

9.1.3.2. Market Revenue and Forecast, by End User (2019-2030)

9.1.4. Rest of North America

9.1.4.1. Market Revenue and Forecast, by Product (2019-2030)

9.1.4.2. Market Revenue and Forecast, by End User (2019-2030)

9.2. Europe

9.2.1. Market Revenue and Forecast, by Product (2019-2030)

9.2.2. Market Revenue and Forecast, by End User (2019-2030)

9.2.3. UK

9.2.3.1. Market Revenue and Forecast, by Product (2019-2030)

9.2.3.2. Market Revenue and Forecast, by End User (2019-2030)

9.2.4. Germany

9.2.4.1. Market Revenue and Forecast, by Product (2019-2030)

9.2.4.2. Market Revenue and Forecast, by End User (2019-2030)

9.2.5. France

9.2.5.1. Market Revenue and Forecast, by Product (2019-2030)

9.2.5.2. Market Revenue and Forecast, by End User (2019-2030)

9.2.6. Rest of Europe

9.2.6.1. Market Revenue and Forecast, by Product (2019-2030)

9.2.6.2. Market Revenue and Forecast, by End User (2019-2030)

9.3. APAC

9.3.1. Market Revenue and Forecast, by Product (2019-2030)

9.3.2. Market Revenue and Forecast, by End User (2019-2030)

9.3.3. India

9.3.3.1. Market Revenue and Forecast, by Product (2019-2030)

9.3.3.2. Market Revenue and Forecast, by End User (2019-2030)

9.3.4. China

9.3.4.1. Market Revenue and Forecast, by Product (2019-2030)

9.3.4.2. Market Revenue and Forecast, by End User (2019-2030)

9.3.5. Japan

9.3.5.1. Market Revenue and Forecast, by Product (2019-2030)

9.3.5.2. Market Revenue and Forecast, by End User (2019-2030)

9.3.6. Rest of APAC

9.3.6.1. Market Revenue and Forecast, by Product (2019-2030)

9.3.6.2. Market Revenue and Forecast, by End User (2019-2030)

9.4. MEA

9.4.1. Market Revenue and Forecast, by Product (2019-2030)

9.4.2. Market Revenue and Forecast, by End User (2019-2030)

9.4.3. GCC

9.4.3.1. Market Revenue and Forecast, by Product (2019-2030)

9.4.3.2. Market Revenue and Forecast, by End User (2019-2030)

9.4.4. North Africa

9.4.4.1. Market Revenue and Forecast, by Product (2019-2030)

9.4.4.2. Market Revenue and Forecast, by End User (2019-2030)

9.4.5. South Africa

9.4.5.1. Market Revenue and Forecast, by Product (2019-2030)

9.4.5.2. Market Revenue and Forecast, by End User (2019-2030)

9.4.6. Rest of MEA

9.4.6.1. Market Revenue and Forecast, by Product (2019-2030)

9.4.6.2. Market Revenue and Forecast, by End User (2019-2030)

9.5. Latin America

9.5.1. Market Revenue and Forecast, by Product (2019-2030)

9.5.2. Market Revenue and Forecast, by End User (2019-2030)

9.5.3. Brazil

9.5.3.1. Market Revenue and Forecast, by Product (2019-2030)

9.5.3.2. Market Revenue and Forecast, by End User (2019-2030)

9.5.4. Rest of LATAM

9.5.4.1. Market Revenue and Forecast, by Product (2019-2030)

9.5.4.2. Market Revenue and Forecast, by End User (2019-2030)

Chapter 10. Company Profiles

10.1. Aemulus Holdings Bhd (“Aemulus”)

10.1.1. Company Overview

10.1.2. Product Offerings

10.1.3. Financial Performance

10.1.4. Recent Initiatives

10.2. Chroma ATE Inc.

10.2.1. Company Overview

10.2.2. Product Offerings

10.2.3. Financial Performance

10.2.4. Recent Initiatives

10.3. Aeroflex Inc. (a subsidiary of Cobham plc)

10.3.1. Company Overview

10.3.2. Product Offerings

10.3.3. Financial Performance

10.3.4. Recent Initiatives

10.4. Astronics Corporation

10.4.1. Company Overview

10.4.2. Product Offerings

10.4.3. Financial Performance

10.4.4. Recent Initiatives

10.5. Advantest Corporation

10.5.1. Company Overview

10.5.2. Product Offerings

10.5.3. Financial Performance

10.5.4. Recent Initiatives

10.6. LTX-Credence Corporation (Xcerra Corporation)

10.6.1. Company Overview

10.6.2. Product Offerings

10.6.3. Financial Performance

10.6.4. Recent Initiatives

10.7. Teradyne Inc.

10.7.1. Company Overview

10.7.2. Product Offerings

10.7.3. Financial Performance

10.7.4. Recent Initiatives

10.8. Star Technologies Inc.

10.8.1. Company Overview

10.8.2. Product Offerings

10.8.3. Financial Performance

10.8.4. Recent Initiatives

10.9. Tesec Corporation

10.9.1. Company Overview

10.9.2. Product Offerings

10.9.3. Financial Performance

10.9.4. Recent Initiatives

10.10. Roos Instruments, Inc.

10.10.1. Company Overview

10.10.2. Product Offerings

10.10.3. Financial Performance

10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research

11.2. Secondary Research

11.3. Assumptions

Chapter 12. Appendix

12.1. About Us

12.2. Glossary of Terms

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