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(Transportation-News.com, August 21, 2018 ) Industry Outlook and Trend Analysis
The global Automated Test Equipment (ATE) Market was worth USD 3.69 billion in the year of 2012 and is expected to reach approximately USD 5.14 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 3.04% during the forecast period. Automated test equipment market. Automated test equipment market size is balanced for growth due to rising implementation of System on Chip (SoC) and surging demand for consumer gadgets. Furthermore, expanding design complexity and the requirement for adequate testing are likewise anticipated to boost the demand over the conjecture time frame. Advancements in technology and growth of equipment that are cost-effective are key trends influencing the development of the market. Rising content of electronic in the automotive sector and penetration of smartphones is anticipated to positively influence the development of the market. Scaling down of gadgets has impelled the demand of ATE crosswise over application ranges including consumer electronics, defense, automotive, and IT and Telecom. Expansion of wireless network in emerging nations and advancements over the semiconductor producing processes are expected to give several opportunities to the development of this market in the upcoming years. These equipment provide advantages, for example, lessened cost, enhanced administrator ergonomics, testing repeatability, and upgraded item quality. Moreover, ATE empowers testing with reduced human mediation and is a practical alternative of high-volume testing.
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Application Outlook and Trend Analysis
The application section contains defense, consumer, IT & Telecom, automotive, and others. In 2013, IT and telecom applications represented a generous piece of the overall industry. Low-end wireless test equipment is utilized for items that dont have complex prerequisites, for example, power enhancers. High-end test equipment is utilized for gadgets which have a blend of testing prerequisites, which may incorporate testing of memory, management of power and mixed-signal in a single device. Expanding incorporation of electronic gadgets in the automotive sector is anticipated to fuel the segment demand in future. Expanding electronic circuitry in vehicles is because of strategies that command higher security frameworks, for example, land departure warning systems, airbags, and parking assistance; and interest for excitement frameworks, communication and navigation systems and features of comfort. Subsequently, the expanding content of electronic segments in a vehicle makes this an opportunity of development for the semiconductor sector. A few items that are progressively being utilized as a part of automobiles incorporate optoelectronics, microchips, analog ICs, logic, sensors, microcontrollers and memory.
Product Outlook and Trend Analysis
The product segment comprises discrete ATE, memory and non-memory. The non-memory segment is anticipated to rule the market in 2013 by registering for more than 70 percent of the total revenue. The non-memory semiconductor market provides an extensive variety of uses, and this makes it less unstable when contrasted with the memory semiconductor. Additionally, another quickly developing section of the semiconductor sector is the three-dimensional (3D) IC industry. The fundamental advantage of 3D ICs is the miniaturization, which in this manner empowers a sparing of space on the board and also on the final item. Discrete ATE is typically created in-house as organizations would prefer not to put resources into costly test equipment for testing of low-cost discrete parts, and is likewise anticipated that would witness an impressive development in future
Regional Outlook and Trend Analysis
In 2013, the global industry was dominated by Asia Pacific that registered for more than 70 percent of the total revenue. The existence of various semiconductor industries is expected to boost the regional demand. Testing in North America generally takes place for high-end precision equipment, and the average price of selling for this is higher. The request in Europe is portrayed by trimming expenditure of semiconductor producers and also diminishing semiconductor utilization.
Competitive Insights
The global automated test equipment market combined in nature with three organizations, LTX-Credence Corporation, Teradyne Inc. and Advantest Corporation representing more than 80 percent of the aggregate demand in 2013. Mergers and acquisitions are the key methodology for the development implemented by the major players. Improving test platforms, growth of new instrumentation and maintaining a cordial relationship with the consumers are anticipated to be the key reasons of development.
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The global Automated Test Equipment market is segmented as follows :
By Product:
Memory automated test equipment
Discrete automated test equipment
Non-memory automated test equipment
By Application:
Automotive
Defense
Consumer
IT & Telecommunication
Other Applications
By Region
North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific
Rest of the World
Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others
Some of the key questions answered by the report are:
What was the market size in 2012 and forecast from 2013 to 2022?
What will be the industry market growth from 2013 to 2022?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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Qurate Business Intelligence
Nehal Chinoy
+919881074592
nehal@qurateresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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