The Report “ Automated Test Equipment Market Share, Size, Trends, Industry Analysis Report By Type (Non-Memory, Memory, Discrete); By Component (Industrial PCs, Probers, Mass Interconnect, Others); By End-User (Automotive, Healthcare, Consumer Electronics, Aerospace and Defense, IT and Telecommunication, Others); By Regions, Segments & Forecast, 2018 - 2026” 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.
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In 2017, Asia-Pacific accounted for the highest share in the global automated test equipment market. The established semiconductor and consumer electronics industries, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region. The increasing modernization of vehicles, and growth in the global automotive industry further accelerate the adoption of automated test equipment. The increasing economic growth in countries such as China and India also increases the adoption of automated test equipment in the region. Expansion of global players into these countries to tap market potential boosts the automated test equipment market growth. The high penetration of electric vehicles in the region coupled with increasing development of autonomous vehicles promotes the adoption of automated test equipment. The rising demand for wireless networks and growth in penetration of connected devices supports the market growth in the region.
The major players in the automated test equipment market include Teradyne, Inc., Roos Instruments, Inc., National Instruments Corporation, Star Technologies, Inc., Aeroflex, Inc., LTX-Credence Corporation, Danaher Corporation, Aemulus Holdings, Chroma ATE, Inc., and Marvin Test Solutions, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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- Automated Test Equipment Market Size and Forecast by Type, 2018-2026
- Non-Memory
- Memory
- Discrete
- Automated Test Equipment Market Size and Forecast by Component, 2018-2026
- Industrial PCs
- Probers
- Mass Interconnect
- Others
- Automated Test Equipment Market Size and Forecast by End-User, 2018-2026
- Automotive
- Healthcare
- Consumer Electronics
- Aerospace and Defense
- IT and Telecommunication
- Others
- Automated Test Equipment Market Size and Forecast by Region, 2018-2026
- North America
- US.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Latin America
- Brazil
- Middle East & Africa
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world.
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The Report “ Automated Test Equipment Market Share, Size, Trends, Industry Analysis Report By Type (Non-Memory, Memory, Discrete); By Component (Industrial PCs, Probers, Mass Interconnect, Others); By End-User (Automotive, Healthcare, Consumer Electronics, Aerospace and Defense, IT and Telecommunication, Others); By Regions, Segments & Forecast, 2018 - 2026” 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.
Automated Test Equipment MarketThe global automated test equipment as per Market Research Future (MRFR) is anticipated to garner a CAGR of 3.5% over the assessment period between 2016 and 2023.The global market is expected to grow during the period due to a number of key factors.
The increasing mobility of devices across companies in semiconductor manufacturing has boosted the demand for the global market.
The fast-paced penetration of smartphones across the world and the booming electronic content in the automotive industry are some of the other likely factors that are anticipated to boost the global automated test equipment market in the coming years.
Add to this, an upsurge in demand for mobile automated solutions and the booming popularity of wireless networks in a number of developed as well as developing regions are forecasted to stimulate a positive market growth of automated test equipment.
It is also worth noting that the rising complexities in designs alongside the latest introduction of technologically advanced innovations is strikingly driving the global automated test equipment market towards a positive side.Amidst the positives, the obsolescence of technology and other technical limitations are most likely to dampen the overall projected growth of the global market during the forecast period.Market SegmentationThe global automated test equipment market is segmented in terms of application, component, and type.By component, the market segments into probers, mass interconnect, industrial PC, semiconductors, and handlers.By application, the market includes aerospace and defense, consumer electronics, telecommunications, automotive, and others.
The segment is further anticipated to grow at a notable pace to remain at the top of the automated test equipment market standings.By type, the market divides into non-memory automated test equipment, memory automated test equipment, and discreet automated test equipment.
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 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.
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.
Allied Market Research published a report, titled, "Polymer Foam Market by Type (Polyurethane (PU) Foam, Polyethylene (PE) Foam Polypropylene (PP) Foam, Ethylene-Vinyl Acetate (EVA), and Others) and Application (Furniture and Bedding, Transportation, Packaging, Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027."
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