Global Semiconductor Automated Test Equipment Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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Global Semiconductor Automated Test Equipment Market: Overview
“The global Semiconductor Automated Test Equipment Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Semiconductor Automated Test Equipment (ATE) is majorly used for the purpose of testing Semiconductor chips. Semiconductor Automated Test Equipment (ATE) includes variety of instruments or cards for testing analog, digital, mixed-signal, LCD driver, and memory systems.
Global Semiconductor Automated Test Equipment Market: Dynamics
Rising demand for consumer electronics such as wearable computing, gaming, video calling, and 3D HDTV; rising adoption of electronic components in automotive industry, and increasing number of connected devices like smartphones across the globe are major factors expected to drive growth of the global market over the forecast period.
In addition, increasing manufacturers focus on improving quality of product along with end-to-end testing solutions is another factor expected to further fuel growth of the target market over the forecast period.
Moreover, increasing development of semiconductor automated test equipment (ATE) by manufacturers to increase the performance and speed of operations is another factor expected to propel growth of the global market over the forecast period.
Furthermore, technological advancements, development of wireless network across developing countries, and rising demand for effective testing are expected to boost growth of the target market over the forecast period.
However, high testing cost of the semiconductor automated test equipment is a key factor expected to restrain growth of the global market over the forecast period.
Development of low-cost testing solutions and alternative test methods and systems are expected to create potential revenue opportunities for the players operating in the target market over the forecast period.
Technological advancements, innovative product launches, and introduction of low-cost testing solutions using various business strategies such as mergers, acquisitions, partnership, etc., by key players operating in the target market expected to support growth of the global market.
Global Semiconductor Automated Test Equipment Market: Segment Analysis
Among the product segments, the non-memory ATE segment is expected to dominate in the global market, owing increasing complexities in semiconductor chip manufacturing.
Among the application area segments, the automotive segment is expected to register significant growth in terms of revenue over the forecast period, owing to rising adoption of automatic test equipment in semiconductor assembly and manufacturing.
Global Semiconductor Automated Test Equipment Market: Regional Analysis
The market in Asia Pacific is expected to dominate in the global market in terms of revenue over the forecast period, owing to increasing adoption of various technologies such as advanced design-for-test (DFT), adaptive testing design standers, and presence of semiconductor industries across various countries in this region.
The market in North America is expected to register significant growth in terms of revenue over the forecast period, owing to increasing its application in aerospace and defense sector and rising government initiatives across various countries such as China, Indonesia, Singapore, Malaysia, Thailand, etc.
Global Semiconductor Automated Test Equipment Market Segmentation:
Segmentation by product:
- Non-Memory ATE
- Memory ATE
Segmentation by application area:
- Aerospace & Defense
- IT & Telecommunications
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Aemulus Holdings Bhd
- Chroma ATE Inc.
- Aeroflex Inc. (a subsidiary of Cobham plc)
- Astronics Corporation
- Advantest Corporation
- LTX-Credence Singapore Pte Ltd. (Xcerra Corporation)
- Teradyne Inc.
- STAr Technologies Inc. (a subsidiary of Innotech Corporation)
- TESEC Corporation
- Roos Instruments, Inc.
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