Market Overview:
The global automatic test equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automatic test equipment in the automotive, aerospace and defense, and medical industries. Additionally, the growing demand for miniaturization and portability of electronic devices is also contributing to the growth of this market. The memory automatic test equipment segment is expected to hold a major share of the global automatic test equipment market during the forecast period. This can be attributed to increasing demand for memory-based devices such as smartphones, tablets, laptops, and others.
Product Definition:
An automatic test equipment (ATE) is a device that tests electronic assemblies and circuits. ATE's are important because they can quickly and accurately test electronic assemblies for defects. This allows companies to find and fix problems with their products before they are shipped to customers.
Memory Automatic Test Equipment:
The global memory automatic test equipment market size was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing investments in R&D by prominent players, growing demand for automated testing tools across different industry verticals, and technological advancements pertaining to the development of high-performance semiconductor devices with enhanced speed & capacity.
Non-Memory Automatic Test Equipment:
Non-memory automatic test equipment is used to perform non-functional tests on electronic products. It is also known as static random access memory (SRAM) tester or static random access memory (SRAM) analyzer. These devices are widely used in the manufacturing industry for testing and identifying problems with the computerized control systems before installing new programs and data in the computers, servers, network switches, etc.
Application Insights:
The market is segmented on the basis of application into IT & telecommunications, automotive, consumer electronics, aerospace and defense and medical. The IT & telecommunication sector dominated the global automatic test equipment market in 2017. This can be attributed to increasing demand for advanced communication services along with rapid growth in internet users across the globe. Furthermore, growing demand for cloud-based applications coupled with an increase in number of smartphones will drive this sector further during the forecast period.
The healthcare industry has also been growing significantly over recent years due to a rise in geriatric population as well as awareness regarding diseases among individuals living abroad or overseas. Increasing investments by governments worldwide towards developing healthcare infrastructure are expected to boost this segment further during the forecast period owing to introduction of technologically advanced automated solutions that help reduce testing time while improving accuracy levels at a reduced cost per unit area tested which is likely to drive adoption globally over next few years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market, registering a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing investments in the manufacturing sector and rapid development of electronics industry in China and India. Furthermore, rising demand for consumer electronics such as smartphones and tablets is anticipated to drive the regional market further.
The North American region accounted for more than 25% share in 2017 owing to presence of major players such as Agilent Technologies, Inc.; Avantor Performance Materials Inc.; Danaher; Hewlett Packard Enterprise Development LP; Invensys Corporation; Maxim Integrated Products Inc.; MilliporeSigma; Texas Instruments Incorporated (TI); among others working on developing advanced test solutions & equipment based on digital signal processing (DSP) technology coupled with memory architecture that enable fast testing times while maintaining accuracy requirements associated with automated systems & processes used across various industries including automotive, aerospace & defense, industrial automation etc.
Growth Factors:
- Increasing demand for quality products: The global Automatic Test Equipment market is expected to grow at a CAGR of 6.5% during the forecast period owing to the increasing demand for quality products by consumers across the globe. This is mainly because of the growing awareness about product quality and its impact on overall performance.
- Rising R&D expenditure by manufacturers: Manufacturers are investing heavily in R&D activities to develop new and innovative Automatic Test Equipment products that can meet the ever-changing needs of consumers. This is expected to drive the growth of this market during the forecast period.
- Growing popularity of automated testing systems: The global Automatic Test Equipment market is witnessing a shift towards automated testing systems, which offer several advantages over traditional manual testing methods such as improved accuracy and efficiency, reduced test time, and improved throughput rates. This is likely to boost market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Test Equipment Market Research Report
By Type
Memory Automatic Test Equipment, Non-Memory Automatic Test Equipment, Discrete Automatic Test Equipment
By Application
IT & Telecommunications, Automotive, Consumer Electronics, Aerospace and Defense, Medical, Others
By Companies
Teradyne, SPEA, Tesec, Inc, Advantest, Seica S.p.A., Advint, LLC., LTX-Credence, Astronics, Cobham plc., Averna, Teradyne, BAE Systems, AB Controls, Hioki E.E. Corporation, National Instruments, Rohde & Schwarz, Cyth Systems, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Test Equipment Market Report Segments:
The global Automatic Test Equipment market is segmented on the basis of:
Types
Memory Automatic Test Equipment, Non-Memory Automatic Test Equipment, Discrete Automatic Test Equipment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
IT & Telecommunications, Automotive, Consumer Electronics, Aerospace and Defense, Medical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Teradyne
- SPEA
- Tesec, Inc
- Advantest
- Seica S.p.A.
- Advint, LLC.
- LTX-Credence
- Astronics
- Cobham plc.
- Averna
- Teradyne
- BAE Systems
- AB Controls
- Hioki E.E. Corporation
- National Instruments
- Rohde & Schwarz
- Cyth Systems, Inc.
Highlights of The Automatic Test Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Memory Automatic Test Equipment
- Non-Memory Automatic Test Equipment
- Discrete Automatic Test Equipment
- By Application:
- IT & Telecommunications
- Automotive
- Consumer Electronics
- Aerospace and Defense
- Medical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automatic Test Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automatic Test Equipment (ATE) is a category of electronic equipment used to test electrical and electronic components. ATE can include circuit testers, power supplies, signal generators, oscilloscopes and other measurement devices.
Some of the major players in the automatic test equipment market are Teradyne, SPEA, Tesec, Inc, Advantest, Seica S.p.A., Advint, LLC., LTX-Credence, Astronics, Cobham plc., Averna, Teradyne, BAE Systems, AB Controls, Hioki E.E. Corporation, National Instruments, Rohde & Schwarz, Cyth Systems, Inc..
The automatic test equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Test Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automatic Test Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automatic Test Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automatic Test Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automatic Test Equipment Market Size & Forecast, 2020-2028
4.5.1 Automatic Test Equipment Market Size and Y-o-Y Growth
4.5.2 Automatic Test Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Memory Automatic Test Equipment
5.2.2 Non-Memory Automatic Test Equipment
5.2.3 Discrete Automatic Test Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 IT & Telecommunications
6.2.2 Automotive
6.2.3 Consumer Electronics
6.2.4 Aerospace and Defense
6.2.5 Medical
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Test Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automatic Test Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Memory Automatic Test Equipment
9.6.2 Non-Memory Automatic Test Equipment
9.6.3 Discrete Automatic Test Equipment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 IT & Telecommunications
9.10.2 Automotive
9.10.3 Consumer Electronics
9.10.4 Aerospace and Defense
9.10.5 Medical
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Memory Automatic Test Equipment
10.6.2 Non-Memory Automatic Test Equipment
10.6.3 Discrete Automatic Test Equipment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 IT & Telecommunications
10.10.2 Automotive
10.10.3 Consumer Electronics
10.10.4 Aerospace and Defense
10.10.5 Medical
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Memory Automatic Test Equipment
11.6.2 Non-Memory Automatic Test Equipment
11.6.3 Discrete Automatic Test Equipment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 IT & Telecommunications
11.10.2 Automotive
11.10.3 Consumer Electronics
11.10.4 Aerospace and Defense
11.10.5 Medical
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Memory Automatic Test Equipment
12.6.2 Non-Memory Automatic Test Equipment
12.6.3 Discrete Automatic Test Equipment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 IT & Telecommunications
12.10.2 Automotive
12.10.3 Consumer Electronics
12.10.4 Aerospace and Defense
12.10.5 Medical
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Memory Automatic Test Equipment
13.6.2 Non-Memory Automatic Test Equipment
13.6.3 Discrete Automatic Test Equipment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 IT & Telecommunications
13.10.2 Automotive
13.10.3 Consumer Electronics
13.10.4 Aerospace and Defense
13.10.5 Medical
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automatic Test Equipment Market: Competitive Dashboard
14.2 Global Automatic Test Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Teradyne
14.3.2 SPEA
14.3.3 Tesec, Inc
14.3.4 Advantest
14.3.5 Seica S.p.A.
14.3.6 Advint, LLC.
14.3.7 LTX-Credence
14.3.8 Astronics
14.3.9 Cobham plc.
14.3.10 Averna
14.3.11 Teradyne
14.3.12 BAE Systems
14.3.13 AB Controls
14.3.14 Hioki E.E. Corporation
14.3.15 National Instruments
14.3.16 Rohde & Schwarz
14.3.17 Cyth Systems, Inc.
