Overview
Automated Test Equipment Market is Predicted to Reach US$ 9.01 Billion by 2030 Registering a CAGR of 3.8 %. As per the automated test equipment market research report, the global market for automated test equipment is anticipated to grow rapidly. As per analysts, the growing demand for efficient power management along with the growing market of consumer electronics will drive the market growth throughout the forecast period. The automated test equipment market research report provides an in-depth analysis of the global automated test equipment market and its components, type, and applications segments. The technical limitation as well as high competition are the factors which could affect the automated test equipment market growth during the forecast period. The automated test equipment market research report by expert analysts is intended to help companies in the automated test equipment market.
Market Segmentation
The global automated test equipment market has been segmented based on components, type, and applications. On the basis of applications, the market for automated test equipment is segmented based on aerospace and defense, automotive, telecommunication, and consumer electronics. Additionally, the market on the basis of type, is segmented into Memory ATE, Non Memory ATE, and Discreet ATE. The global market for automated test equipment is also covered based on the components segment which is further split into handlers, mass interconnect, probers, semiconductors, and industrial PCs.
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Key influences such as dynamic changes in the technology could obstruct the automated test equipment market growth. However, as per the automated test equipment market research report, the growing demand for smartphones as well as rapid growth in the demand for semiconductors will drive growth during the forecast period. These key growth factors will help support the automated test equipment market growth at a high CAGR. The segmental analysis of components, type, and applications segments as well as regional market analysis has been presented in the global automated test equipment market research report. Analysts studying the automated test equipment market have presented projections in the automated test equipment market research report assisting automated test equipment market-based companies in numerous ways. The automated test equipment market research report offers crucial details about the automated test equipment market based on the data and forecasts till 2022.
Regional Overview
North America, Europe, Asia Pacific and the rest of the world regional market for automated test equipment are primarily covered in the global automated test equipment market research report. The report also covers country-level markets spread across North America – the United States, Canada, and Mexico. In South America – Brazil and other country-level automated test equipment markets are covered in the report. In Asia-Pacific (APAC) region, the country-level automated test equipment markets covered are China, India, Japan, and others. The automated test equipment market research report also covers the regional market for automated test equipment spread across European countries including the United Kingdom, France, Italy, Spain, and Germany, etc. The automated test equipment market research report further explores other regional markets from the rest of the world including automated test equipment markets of the Middle East and Africa. As per the global automated test equipment market research report.
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Competitive Landscape
The raising complexities in consumer electronics are expected to accelerate the automated test equipment market growth worldwide. The global automated test equipment market is set to witness challenges including the absence of a well-developed IT infrastructure in some countries, however, companies in the automated test equipment market will sustain the growth rate. The automated test equipment market research report also offers company profiles of key players operating in the automated test equipment market around the world. Additionally, the global automated test equipment market report provides detailed analysis of the market based on primary and secondary research data collected from the automated test equipment market’s key decision makers as well as stakeholders. The automated test equipment market research report covers all such factors assisting companies in the automated test equipment market to improve their plans and portfolio.
Automated Test Equipment Market Major Key Players
- 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.)
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Industry News
For a number of years, Velentium and Oasis Testing have worked together and have recently joined efforts in the development of critically important fans during the pandemic. Velentium is extending its mechanical solutions focused on the design to include energy and development with the acquisition of Oasis. Ventec Life Systems, GM's fan manufacturing partner, has been awarded as customer by Velentium Prepandemic in 2015. For Ventec's production line of ventilators, Velentium developed automated test systems, at the time of which several hundred units could be produced each month.
Report Overview
The following report comprises of –
- Market overview
- Covid 19 Analysis
- Market Dynamic
- Drivers
- Opportunities
- Restraints
- Challenges
- Cumulative Growth Analysis
- Value Chain Analysis
- Segmentation Overview
- By Application
- By End-Users
- Regional Analysis
- Competitive landscape
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