Global Automated Test Equipment Market size was valued at USD 6.87 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.3% from 2021 to 2028.
Automated test equipment, also known as automated test equipment, is a computerised machinery solution that uses test instruments to examine and conduct quality, performance, functionality, and stress testing on electronic equipment and systems. Moreover, automated test equipment is used to test devices such as printed circuit boards (PCBs), integrated circuits (ICs), and hard disc drives (HDDs). In addition, devices used to test automatic test equipment for PCBs are referred to as a unit under test, a device under test, and an equipment under test. Additionally, an automatic test system is intended to eliminate wide variability troubleshooting in order to ensure test and cycle time consistency.
Semiconductor automatic test equipment monitors, regulates, and gathers data by analysing signals and devices such as digital storage oscilloscopes, digital multimeters, LCR metres, arbitrary waveform generators, and radiofrequency or vector signal generators. Furthermore, next-generation automatic testing equipment is intended to digitise and automate traditional manual testing equipment, procedures, and processes in order to reduce testing time and cost. Furthermore, the increased usage of data diagnostic and acquisition tools for testing electronic applications in the aerospace and defence and industrial automation sectors presents substantial prospects for the expansion of the automatic test equipment market.
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An extensive analysis of the market is provided in the Global Automated Test Equipment Market Report. Along with the most recent trends and data, which reveal an extensive analysis of the market’s supply. Consultancy for Services and Strategic Design This report examines the top businesses in the world’s and principal regions, and it segments the Automated Test Equipment Market Analysis by item type and applications or end enterprises. It also provides market size, market status, and position for the global and key areas from the perspectives of manufacturers, locales, item types, and end businesses.
Major Prominent Players of Automated Test Equipment Market:
- Chroma ATE Inc.
- Aemulus Holdings Bhd
- Teradyne Inc.
- Tesec Corporation
- Aeroflex Inc.
- Marvin Test Solutions Inc.
- LTX-Credence Corporation (Xcerra Corporation)
- STAr Technologies Inc.
- Teradyne Inc.
- Danaher Corporation
- Advantest Corporation
- Astronics Corporation
- Roos Instruments, Inc.
Global Automated Test Equipment Market: By Types
- Non-Memory ATE
- Memory ATE
- Discrete ATE
Global Automated Test Equipment Market: By Applications
- Consumer
- Automotive
- Aerospace & Defense
- Medical
Global Automated Test Equipment Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Reasons to Purchase this Report:
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 6-month post-sales analyst support
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