World Automated Take a look at Gear Markets, 2016-2018 and 2019-2026
DUBLIN, October 21, 2020 / PRNewswire / – The report “Automated Test Equipment Market: By Test Equipment Type, By End-User Application, and Region – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019-2025” has been added to ResearchAndMarkets.com offering.
The global automated test equipment market was valued at $ 1.1 billion in 2019 and is expected to be valued at $ 4.82 billion through 2025 with an annual growth rate of 3.6%.
The report provides an assessment and analysis of the Automated Test Equipment market on a global and regional level. The study provides a comprehensive assessment of market rivalries, paths, emerging trends and industry validated market intelligence. The report includes historical data from 2016 to 2018 and a forecast from 2019 to 2025 based on profit (in billion USD).
The growth in the automated test equipment industry is due to the increasing demand in electronics manufacturing for test systems and electronic components due to defects in component manufacture. It also helps identify and test defects in integrated circuits, chip systems, and test wafers.
This in turn will stimulate market trends in the years to come. The advent of next generation devices will continue to drive market expansion in the years to come. The flourishing automotive sector and the commercialization of IoT activities will continue to increase business volume over the forecast period.
Based on the type of test equipment, the market is segmented into Memory Semiconductor ATE, Non-Memory Semiconductor ATE, and Discrete ATE. On the basis of end-user application, the automated test equipment industry is divided into IT & Telecommunications, Consumer Electronics, Automotive Electronics, Defense, and others.
In terms of region, the North American subcontinent is expected to make the largest regional revenue contribution to the overall market in the period 2019-2025. The regional market growth is due to the wide variety of product applications in the aerospace and defense sectors.
Some of the well-known players in the automated test equipment business are LTX-Credence, Teradyne, Inc., and Advantest.
The reporting segment of the Global Automated Test Equipment Market is as follows:
Global Automated Test Equipment Market: Type Segment Analysis
- Memory chip based
- Not memory chip based
Global Automated Test Equipment Market: End User Segment Analysis
- Consumer electronics
Global Automated Test Equipment Market: Regional Segment Analysis
- United Kingdom
- Asia Pacific
- Latin America
- Middle East and Africa
Main topics covered:
Chapter 1. Preface
Chapter 2. Summary
Chapter 3. Industry Analysis
Chapter 4. Competitive Landscape
Chapter 5. Type of Test Equipment Analysis
Chapter 6. End-User Application Analysis
Chapter 7. Company Profiles
Please visit https://www.researchandmarkets.com/r/bx1dnd for more information on this report
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