Automated Test Equipment Market By 2022 | New Technologies Transforming the Global Business

Automated test equipment market size has witnessed enormous gains over the years due to widespread demand across crucial sectors such as IT, telecommunications, defense, consumer electronics, and automobiles. ATE are used to automatically diagnose and detect faults in the equipment under observation which further helps in ensuring the delivery of faultless products.

These advanced systems provide various advantages like lowered cost, operator ergonomics, testing repeatability, and improved quality of the product. Moreover, they allow testing with the lowest amount of human intervention along with being a highly- dependable testing solution.

The commercialization of the internet of things will help create a pool of opportunities for the ATE companies, worldwide. The design complexities related to the digitized devices will drive the demand for precise testing of these products. As per a study, automated test equipment market could surpass USD 4.46 billion in total annual remuneration by 2022.

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Discrete, memory and non-memory are the major products of the global automated test equipment market size. Non-memory market, which contributed towards a major portion of the overall revenue in 2014, is projected to register a CAGR of 2.8% over the period of 2015 to 2022. The attributing factor towards the industry growth is surging microcontroller- based applications such as sensors, anti-lock braking system, and smart grid. Additionally, escalating demand for automobiles and smartphones will influence the growth considerably.

Consumer electronics sector is anticipated to grow significantly over the coming five years and is forecast to drive the industry growth over the coming timeframe. The rising adoption of electronic devices such as smartphones, computers, and tablets will augment the automated test equipment market growth.

Telecommunication & IT sector, which accounted for over 50% of the overall revenue in 2014, is anticipated to boost automated test equipment market growth over the coming timeframe. Improved network capability and consistently high product quality provided by ATE is expected to drive the growth.

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Asia Pacific automated test equipment market is anticipated to register a CAGR of 2.8% over the coming years of 2015 to 2022

Shifting consumer preference/demand and innovations in wireless networks & semiconductor manufacturing processes will influence the APAC market notably over the coming timeframe. India and China will be the significant revenue pockets of the regional market.

North America market size accounted for more than 14% of the global revenue in 2014 and is predicted to exhibit lucrative growth over the coming years, owing to surging investment in R&D of the defense sector. In addition, eye-catching advancement across the telecommunication sector will also contribute substantially towards the market growth over the coming timeframe. U.S will contribute majorly towards the regional growth.

Mergers & acquisitions and enhancement in R&D activities will be the major growth strategies adopted by the industry giants over the coming timeframe. Advantest, Teradyne, and LTX-Credence, National Instruments Corporation, Aeroflex Inc., Cal-Bay Systems Inc., Advint, LLC, Anritsu, and Agilent Technologies are few of the major players in the automated test equipment market.

Major Key Points from Table of Content:

Chapter 4    ATE Product Insights

4.1    Memory ATE

4.1.1 Global memory ATE demand by region, (USD Million), 2012 - 2022

4.2    Non-memory ATE

4.2.1 Global non-memory ATE demand by region, (USD Million), 2012 - 2022

4.3    Discrete ATE

4.3.1 Global discrete ATE demand by region, (USD Million), 2012 - 2022

Chapter 5    ATE Application Insights

5.1    Automotive

5.1.1 Global demand in automotive, by region, (USD Million), 2012 - 2022

5.2    Consumer

5.2.1 Global demand in consumer applications, by region, (USD Million), 2012 - 2022

5.3    Defense

5.3.1 Global demand in defense, by region, (USD Million), 2012 - 2022

5.4    Telecommunication & IT

5.4.1 Global demand in IT & telecommunication, by region, (USD Million), 2012 - 2022

5.5    Others

5.5.1 Global demand in other applications, by region, (USD Million), 2012 - 2022

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