Expansion of Semiconductors Industry Set to Catalyze Growth of Automated Test Equipment Market Report

The global automated test equipment market is anticipated to reach around $5,058 million by 2026 according to a new research published by Polaris Market Research.

In 2017, Asia-Pacific accounted for the majority share in the global Automated Test Equipment market.

The expanding range of consumer electronic devices coupled with growing complexity in design of consumer electronic devices majorly drives the automated test equipment market growth.

The adoption of automated test equipment has increased significantly owing to growing need for effective testing in semiconductor and electronics industry, and shift towards energy efficient ICs.

Other factors driving the market growth include technological advancements, modernization of vehicles, development of autonomous vehicles, and rising demand for wireless networks.

New emerging markets, emerging consumer demographics, and commercialization of Internet of Things would provide growth opportunities for Automated Test Equipment market in the coming years.

The global Automated Test Equipment Market size is anticipated to reach USD 8.68 billion by 2027.

The rising demand for consumer electronics and connected devices coupled with the need for quality improvement prevailing among several industries is projected to drive the market growth across the globe.

Key Players:Astronics CorporationSTAR Technologies Inc.Chroma ATE Inc.Danaher Corporation Request free sample to get a complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/global-automated-test-equipment-ate-market/request-sample Market Synopsis of Automated Test Equipment Market:  The non-memory ATE product segment dominated the global market in 2019 on account of their rising usage for the manufacturing of SoC-based products, tablets, and smartphones.

The IT & telecommunications segment is anticipated to witness substantial growth during the forecasted years on account of increasing usage of such equipments for carrying out automation processes.

While the consumer segment contributed a share of 26.0% across the global market owing to increasing demand for consumer electronics.

The Asia Pacific is expected to account for the largest share across the global market in the upcoming years owing to the rising presence of semiconductor manufacturers in countries like Taiwan and China.

Automated Test Equipment MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Automated Test Equipment Market.

The growth sectors of the Automated Test Equipment Market are identified with precision for a better growth perspective.Implementation of automation solution such as automated test equipment is aiding in enhancement of capabilities and speed of operations across various industry verticals.

As per the report that has been published by Market Research Future (MRFR), the global automated test equipment market is anticipated to expand steadily at a CAGR of 3.5% during the forecast period of 2016-2022.Market Drivers and Restraints:Increasing mobility of devices across various semiconductor manufacturing companies has led to the rise in demand for automated test equipment in the global market, resulting in the expansion of the global automated test equipment market.

The rapid penetration of smartphones in across the globe and increasing electronic content in the automotive sector are likely to fuel the expansion of the global automated test equipment market during the forecast period.The upsurge in demand for mobile automated solutions and expansion of wireless networks in various developed and developing regions are driving the growth of the global automated test equipment market.

Rise in complexities in designs coupled with recent introduction of technologically advanced innovations is impacting positively on the expansion of the global automated test equipment market.However, obsolescence of technology and other technical limitations are likely to hamper the growth of the global automated test equipment market during the forecast period.Market Segmentation:The global automated test equipment market has been segmented on the basis of component, application and type.

Based on component, the global automated test equipment market is segmented into industrial PC, mass interconnect, handlers, probers, and semiconductors.Based on application, the automated test equipment market is segmented into consumer electronics, automotive, aerospace and defense, telecommunication and others.

Automated Test Equipment MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Automated Test Equipment Market.

The growth sectors of the Automated Test Equipment Market are identified with precision for a better growth perspective.As per Market Research Future (MRFR)’s study, the global Automated Test Equipment (ATE) market is set to mark a steady CAGR of 3.5% during the forecast period 2016 to 2022.

Furthermore, the excessive demand expected to be generated from the thriving semiconductors industry is another major factor responsible for the growth of the Automated Test Equipment (ATE) market in the foreseeable future.ATE is a cost-efficient solution for testing and diagnosing sophisticated electronic parts.

The boom witnessed in the electronics industry is prognosticated to favor the growth of the Automated Test Equipment (ATE) market over the assessment period.The adoption of novel technologies in the defense industry has generated demand for Automated Test Equipment (ATE) owing to an increase in complex technologies.

ATE facilitates the testing of complicated technologies deployed which has expanded its application in the industry.

This, in turn, is projected to propel the expansion of the Automated Test Equipment (ATE) market through the review period.The growth of the connected devices has led to an expansion of the market globally.

Automated Test Equipment Market   - OverviewTesting microprocessors are getting more difficult and time-consuming, as these devices are intended to take on more complex tasks, such as accelerating artificial intelligence computing, enabling automated driving, and supporting deep neural networks.

The market is majorly driven by growing demand for efficient power management, growing demand for the smartphone which is accelerating the market for semiconductors, and growing market of consumer electronics among others.

That also affects test coverage and it often requires that devices under test (DUTs) be physically brought or sent to a lab.

However, technical limitation such as high competition among the industrial manufacturer and dynamic changes in the technology is hindering the growth of Automated Test Equipment (ATE) Market.Automated Test Equipment Market Key Players: Some of the major players in Global Automated Test Equipment Market include 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.) are profiled in MRFR Analysis and are at the forefront of competition in the Global Automated Test Equipment market.Intel and its foundry clients use the proprietary High-Density Modular Test (HDMT) technology platform.

Some other big chipmakers also have turned to internally developed testers.

Meanwhile, other IC manufacturers use a mix of commercially available automatic test equipment and their internal test systems, while still others have resorted to DIY test setups, enabled with PXI-based instruments, such as the various modules offered by National Instruments and other vendors.Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/1166Advantest is the leading producer of automatic test equipment (ATE) for the semiconductor industry and a premier manufacturer of measuring instruments used in the design and production of electronic instruments and systems.

New York, NY 18 May 2021: The global automated test equipment market is anticipated to reach around $5,058 million by 2026 according to a new research published by Polaris Market Research.

In 2017, Asia-Pacific accounted for the majority share in the global Automated Test Equipment market.

The expanding range of consumer electronic devices coupled with growing complexity in design of consumer electronic devices majorly drives the automated test equipment market growth.

Other factors driving the market growth include technological advancements, modernization of vehicles, development of autonomous vehicles, and rising demand for wireless networks.

New emerging markets, emerging consumer demographics, and commercialization of Internet of Things would provide growth opportunities for Automated Test Equipment market in the coming years.

Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/automated-test-equipment-market/request-for-sample In 2017, Asia-Pacific accounted for the highest share in the global automated test equipment market.

Automated Test Equipment Market Research report provides a detailed analysis of of main manufactures and geographic regions,global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players.

Automated Test Equipment Market report includes definitions, classifications, applications, and industry chain structure, development trends, and key regions distributors analysis.The report also provides supply and demand Figures, revenue, revenue and shares.

value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches.Data Bridge Market Research analyses that the automated test equipment market will exhibit a CAGR of 3.96% for the forecast period of 2021-2028.

This means that the automated test equipment market value will rise by USD 5.28 billion 2028.

Automated Test Equipment market imparts a deep understanding of this industry vertical with key emphasis on the market dynamics and projected returns over the forecast period.Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Automated Test Equipment Market which would mention How the Covid-19 is affecting the Automated Test Equipment Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Covid-19 Impact on Key Regions and Proposal for Corrugated Board Players to Combat Covid-19 Impact.Get Sample PDF of Automated Test Equipment Market Report (including COVID19 Impact Analysis) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-automated-test-equipment-marketAutomated Test Equipment Market Scope and Market SizeThe automated test equipment market is segmented on the basis of type of test equipment, component and application.

The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.On the basis of type of test equipment, the automated test equipment market is segmented into memory, non-memory, discrete and test handlers.On the basis of component, the automated test equipment market is segmented into up industrial PCs, mas interconnect, handler, prober, semiconductor and others.On the basis of application, the automated test equipment market is segmented into defence, consumer electronics, IT and telecommunications, automotive, healthcare and others.Key Players: Global Automated Test Equipment MarketVirgina Panel Corporation, MAC Panel Company, NATIONAL INSTRUMENTS CORP., SPEA S.p.A., Teradyne Inc., ADVANTEST CORPORATION, Cohu, Inc., Astronics Corporation., Chroma Systems Solutions, Inc., Averna., Shibasoku Co., Ltd., Hangzhou ChangChuan Technology Co., Ltd.., ROOS INSTRUMENTS, INC., STAr Technologies Inc., Aeroflex USA, Inc., Danaher, Aemulus Corporation Sdn Bhd., Marvin Test Solutions, Inc., miconindia.com and METTLER TOLEDOMAJOR TOC OF THE REPORTChapter One: Automated Test Equipment Market OverviewChapter Two: Manufacturers ProfilesChapter Three: Global Automated Test Equipment Market Competition, by PlayersChapter Four: Global Automated Test Equipment Market Size by RegionsChapter Five: Global Automated Test Equipment Market Revenue by CountriesChapter Six: Global Automated Test Equipment Market Revenue by Type of Test EquipmentChapter Seven: Global Automated Test Equipment Market Revenue by  ComponentChapter Eight: Global Automated Test Equipment Market Revenue by ApplicationChapter Nine: Global Automated Test Equipment Market Revenue by GeographyGet Detail TOC@ https://www.databridgemarketresearch.com/toc/?dbmr=global-automated-test-equipment-marketKey Report HighlightsComprehensive pricing analysis based on different product types and regional segmentsMarket size data in terms of revenue and sales volumeDeep insights about regulatory and investment scenarios of the global Automated Test Equipment MarketAnalysis of market effect factors and their impact on the forecast and outlook of the global Automated Test Equipment MarketThe detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Automated Test Equipment MarketA roadmap of growth opportunities available in the Global Automated Test Equipment Market with the identification of key factorsThe exhaustive analysis of various trends of the Global Automated Test Equipment Market to help identify market developmentsKey Questions Answered in Report:What is the key to the Automated Test Equipment Market?What will the Automated Test Equipment Market Demand and what will be Growth?What are the latest opportunities for Automated Test Equipment Market in the future?What are the strengths of the key players?Access Full Report @ https://www.databridgemarketresearch.com/reports/global-automated-test-equipment-marketAbout Us:Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.