Automated Test Equipment Market Size to Surpass USD 17.61 billion in value by 2030, at CAGR of 9.5%

Automated test equipment sees growing demand in various industries for its ability to streamline testing processes and improve product quality.

LUTON, BEDFORDSHIRE, UNITED KINGDOM, April 3, 2024 /EINPresswire.com/ -- “𝐄𝐱𝐚𝐜𝐭𝐢𝐭𝐮𝐝𝐞 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐧𝐜𝐲 𝐓𝐡𝐚𝐭 𝐀𝐝𝐝𝐬 𝐅𝐥𝐚𝐯𝐨𝐮𝐫 𝐓𝐨 𝐘𝐨𝐮𝐫 𝐒𝐮𝐜𝐜𝐞𝐬𝐬”

The Automated Test Equipment Market Size, Scope, and Forecast 2024-2030 report has been added to the Market research collection of Exactitude Consultancy reports. The growth is driven by the use of Automated Test Equipment (ATE) in the automotive and semiconductor industry. A significant increase in the number of connected devices and consumer electronics, along with an increasing focus of many companies on quality improvement along with end-to-end testing solutions, is expected to further drive the market. Implementation of ATE in semiconductor manufacturing companies to enhance performance capability and speed of operation and, in turn, reduce the cost of semiconductor devices is expected to positively influence growth.

The global automated test equipment market size is projected to grow from USD 9.33 billion in 2023 to USD 17.61 billion by 2030, exhibiting a CAGR of 9.5% during the forecast period.

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Increasing adoption of System on Chip (SoC) and high demand for consumer electronics is expected to be a key driving force for the ATE market over the forecast period. Growing electronic components in the automotive sector and penetration of smartphones are expected to drive the market. Miniaturization has widened the scope of ATE application. Additionally, considerable technological advancements coupled with design complexity and the need for effective testing are expected to fuel the market.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲 𝐚𝐫𝐞: Astronics Corporation, Chroma ATE Inc., Cobham Limited, Cohu, Inc, Danaher, MAC Panel Company, Marvin Test Solutions, Inc., National Instruments Corporation, Roos Instruments, SPEA S.p.A., STAr Technologies Inc., Teradyne Inc., TESEC Corporation, Testamatic Systems Pvt. Ltd., Theta Measurement & Control Solutions Pvt Ltd., VIAVI Solutions Inc., Virginia Panel Corporation, Xcerra Corporation and other Prominent players.

Recent Developments in Automated Test Equipment Industry

In March 2022, National Instruments announced its Test Workflow subscription bundle for automated test systems. This offering expands engineers’ access to the software needed to design and automate a test or measurement system through a single software license.

In December 2021, Advantest Corporation introduced and has begun shipping the fourth generation of its high-speed image-processing engine that applies heterogeneous computing technology to detect defects in the data output from today's most advanced CMOS image sensors (CIS). When integrated into the proven T2000 ISS platform, the new T2000 IP Engine 4 (Image Processing Engine 4) system provides the optimal means of evaluating the latest high-resolution, high-speed CIS devices used in advanced smartphone cameras.

In April 2021, Astronics Corporation announced its next-generation circuit card diagnostic and test system, the PinPoint 3-PXIe (P3-PXIe). The P3-PXIe helps to identify failures down to the component level and can test a variety of mixed-signal products with the flexibility of PXIe.

In January 2021, Teradyne announced that the company’s UltraFLEX test platform has enabled AI chip company Syntiant Corp. to successfully ship millions of its microwatt-power, deep learning Neural Decision Processors to customers worldwide. Using its UltraFLEX test platform, Teradyne is currently supporting the qualification and production ramp of the Syntiant NDP120 and Syntiant NDP121 Neural Decision Processors, Syntiant Corp’s second-generation hardware platforms, to run multiple audio applications simultaneously at under 1mW power consumption.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐢𝐬 𝐚𝐧 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐢𝐬𝐬𝐮𝐞 𝐢𝐧 𝐚𝐧𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬. With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Automated Test Equipment Market. The major and emerging players of the Automated Test Equipment Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Automated Test Equipment market.

𝐓𝐡𝐞 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐬𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞𝐬 𝐚 𝐭𝐡𝐨𝐫𝐨𝐮𝐠𝐡 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐬𝐭𝐮𝐝𝐲 𝐨𝐧 𝐤𝐞𝐲 𝐭𝐲𝐩𝐞 𝐚𝐧𝐝 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 Automated Test Equipment 𝐦𝐚𝐫𝐤𝐞𝐭

Automated Test Equipment Market by Type

Logic Testing

PCB Testing

Interconnection & Verification Testing

Automated Test Equipment Market by Product

Non-Memory ATE

Memory ATE

Discrete ATE

Automated Test Equipment 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬/𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

𝐑𝐞𝐠𝐢𝐨𝐧 𝐞𝐧𝐜𝐥𝐨𝐬𝐞𝐝 𝐚𝐫𝐞: North America, Europe, Asia Pacific, Oceania, South America, geographical region & continent

𝐂𝐨𝐮𝐧𝐭𝐫𝐲 𝐋𝐞𝐯𝐞𝐥 𝐁𝐫𝐞𝐚𝐤-𝐔𝐩: u. s., Canada, Mexico, Brazil, Argentina, Colombia, Chile, Nigeria, Tunisia, Morocco, Germany, uk (UK), Holland, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, China, Japan, Taiwan, South Korea, Singapore, India and Australia etc.

The Asia Pacific segment led the market and accounted for more than 76% share of the global revenue in 2023. The region is expected to dominate over the forecast period, attributed to the significant presence of semiconductor industries. China and Taiwan are expected to hold the maximum regional revenue share. Adaptive testing, advanced Design-For-Test (DFT), faster mixed-signal testers, fine-pitch probe cards, and design standards among others are few future technologies expected to significantly change the market dynamics. Increase in government initiatives by countries like China, Indonesia, Malaysia, Singapore, Thailand, and Taiwan to develop advanced manufacturing processes is also expected to boost growth.

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐨𝐫 𝐐𝐮𝐞𝐫𝐲, 𝐕𝐢𝐬𝐢𝐭 @

https://exactitudeconsultancy.com/reports/41399/automated-test-equipment-market/

𝐇𝐞𝐫𝐞'𝐬 𝐡𝐨𝐰 𝐄𝐱𝐚𝐜𝐭𝐢𝐭𝐮𝐝𝐞 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐧𝐜𝐲 𝐡𝐞𝐥𝐩𝐬 𝐭𝐡𝐞 𝐬𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐚𝐧𝐝 𝐂𝐗𝐎𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭𝐬:

𝐈𝐧𝐜𝐮𝐥𝐜𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧𝐬: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.

𝐏𝐞𝐫𝐟𝐞𝐜𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐢𝐨𝐧𝐬: The report analyses the demographics, growth potential, and capability of the Automated Test Equipment market through the forecast period.

𝐓𝐡𝐢𝐬 𝐟𝐚𝐜𝐭𝐨𝐫 𝐥𝐞𝐚𝐝𝐬 𝐭𝐨 𝐭𝐡𝐞 𝐞𝐬𝐭𝐢𝐦𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 Automated Test Equipment market size and also provides an outline about how the market will retrieve growth during the assessment period.

𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡: The report focuses on the ongoing and upcoming investment opportunities across a particular Automated Test Equipment market that will help the stakeholders to be aware of the current investment scenario across the market.

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐧𝐞𝐰 𝐢𝐧 𝟐𝟎𝟐𝟒?

- Major developments that can change the business landscape as well as market forecasts.

- Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.

- Coverage of new market players and change in the market share of existing players of the Automated Test Equipment market.

- Updated financial information and product portfolios of players operating in the Automated Test Equipment  market.

- Updated market developments of the profiled players.

- Any new data points/analysis (frameworks) which was not present in the previous version of the report

The new edition of the report consists of trends/disruptions on customer’s business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Automated Test Equipment.

𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐚𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭:

- Country level market for Automated Test Equipment market (up to 5)
- Profiling and additional market players (up to 5)
- Up to 40 hours of customization.
- post-sales support for 1 year from the date of delivery.

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