PUBLISHER: Acute Market Reports | PRODUCT CODE: 1176025
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1176025
Automated Test Equipment Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
The global automated test equipment market was valued US$ 3,826.7 Mn in 2017 and is expected register growth at 3.7% CAGR during the forecast period from 2018 to 2026. The technical complexity involved in electronic device testing varies broadly, ranging from the simplest type (manual testing) to the most sophisticated large scale automatic testing. In case of manual testing, the requisite testing infrastructure varies with the device type to be tested. On the other hand, automated testing equipment offers tremendous flexibility, allowing multiple devices to be tested without requiring any changes to be made to the test hardware. In addition to the versatility offered, automated testing equipment enables electronic testing of great complexity, although at a price.
North America Leads; Asia Pacific Poised to Register Superior Growth during the Forecast Period
In 2017, North America led the global automated test equipment market closely followed by Asia Pacific and Europe respectively. The value contribution of North America to the global automated testing equipment market stood at over 32% in the same year. The dominance is largely credited to the regulated demand from the huge defense and aerospace industry in the region. On the other hand, Asia Pacific is poised to register superior growth, surpassing North America to become the largest automated test equipment market worldwide. Steady growth in industrial automation, automotive production, and burgeoning consumer electronics industry will drive demand for automated test equipment across industry verticals during the forecast period from 2018 to 2026.
Growth in Consumer Electronics Industry to Complement Market Growth
In 2017, semiconductor & electronics represented the most attractive vertical in the global automated testing equipment market. Growing pressure on semiconductor and electronics manufacturers to attain economies of scale, deliver quality product, and meet the ever-rising consumption demand has led to increased industrial automation. This, in turn has had positive impact on the overall demand for automated testing solutions for inspection and quality control. Thus, mounting pressure to achieve quality standards and limit errors that occur in manual testing will favor market demand across almost all end-use segments during the forecast period from 2018 to 2026.
Key Players:
Some of the leading manufacturers profiled in the research study include: Virginia Panel Corporation, Xcerra Corporation, Mac Panel Company, National Instruments, Spea S.P.A, Star Technologies, Advantest Corporation, Roos Instruments, Inc., Aeroflex, Inc., Astronics Corporation, and Chroma Ate, Inc. among others.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Automated Test Equipment market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the Automated Test Equipment market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Product
- Non-memory ATE
- Memory ATE
- Discrete ATE
End-use Vertical
- Industrial Manufacturing
- Semiconductors & Electronics
- Automotive
- Defense & Aerospace
- Others
Region Segment (2020-2030; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
- Pre COVID-19 situation
- Post COVID-19 situation
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Automated Test Equipment market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Automated Test Equipment market?
- Which is the largest regional market for Automated Test Equipment market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Automated Test Equipment market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Automated Test Equipment market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Automated Test Equipment Market
- 2.2. Global Automated Test Equipment Market, By Product, 2021 (US$ Million)
- 2.3. Global Automated Test Equipment Market, By End-use Vertical, 2021 (US$ Million)
- 2.4. Global Automated Test Equipment Market, By Geography, 2021 (US$ Million)
- 2.5. Impact of Covid 19
- 2.6. Attractive Investment Proposition by Geography, 2021
- 2.7. Competitive Analysis
- 2.7.1. Market Positioning of Key Automated Test Equipment Market Vendors
- 2.7.2. Strategies Adopted by Automated Test Equipment Market Vendors
- 2.7.3. Key Industry Strategies
3. Automated Test Equipment Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Automated Test Equipment Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Automated Test Equipment Market: By Product, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Non-memory ATE
- 4.3.2. Memory ATE
- 4.3.3. Discrete ATE
5. Automated Test Equipment Market: By End-use Vertical, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Industrial Manufacturing
- 5.3.2. Semiconductors & Electronics
- 5.3.3. Automotive
- 5.3.4. Defense & Aerospace
- 5.3.5. Others
6. North America Automated Test Equipment Market, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Automated Test Equipment Market: By Product, 2020-2030, USD (Million)
- 6.3. Automated Test Equipment Market: By End-use Vertical, 2020-2030, USD (Million)
- 6.4.Automated Test Equipment Market: By Region, 2020-2030, USD (Million)
- 6.4.1.North America
- 6.4.1.1. U.S.
- 6.4.1.2. Canada
- 6.4.1.3. Rest of North America
- 6.4.1.North America
7. UK and European Union Automated Test Equipment Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Automated Test Equipment Market: By Product, 2020-2030, USD (Million)
- 7.3. Automated Test Equipment Market: By End-use Vertical, 2020-2030, USD (Million)
- 7.4.Automated Test Equipment Market: By Region, 2020-2030, USD (Million)
- 7.4.1.UK and European Union
- 7.4.1.1. UK
- 7.4.1.2. Germany
- 7.4.1.3. Spain
- 7.4.1.4. Italy
- 7.4.1.5. France
- 7.4.1.6. Rest of Europe
- 7.4.1.UK and European Union
8. Asia Pacific Automated Test Equipment Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Automated Test Equipment Market: By Product, 2020-2030, USD (Million)
- 8.3. Automated Test Equipment Market: By End-use Vertical, 2020-2030, USD (Million)
- 8.4.Automated Test Equipment Market: By Region, 2020-2030, USD (Million)
- 8.4.1.Asia Pacific
- 8.4.1.1. China
- 8.4.1.2. Japan
- 8.4.1.3. India
- 8.4.1.4. Australia
- 8.4.1.5. South Korea
- 8.4.1.6. Rest of Asia Pacific
- 8.4.1.Asia Pacific
9. Latin America Automated Test Equipment Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Automated Test Equipment Market: By Product, 2020-2030, USD (Million)
- 9.3. Automated Test Equipment Market: By End-use Vertical, 2020-2030, USD (Million)
- 9.4.Automated Test Equipment Market: By Region, 2020-2030, USD (Million)
- 9.4.1.Latin America
- 9.4.1.1. Brazil
- 9.4.1.2. Mexico
- 9.4.1.3. Rest of Latin America
- 9.4.1.Latin America
10. Middle East and Africa Automated Test Equipment Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Automated Test Equipment Market: By Product, 2020-2030, USD (Million)
- 10.3. Automated Test Equipment Market: By End-use Vertical, 2020-2030, USD (Million)
- 10.4.Automated Test Equipment Market: By Region, 2020-2030, USD (Million)
- 10.4.1.Middle East and Africa
- 10.4.1.1. GCC
- 10.4.1.2. Africa
- 10.4.1.3. Rest of Middle East and Africa
- 10.4.1.Middle East and Africa
11. Company Profile
- 11.1. Virginia Panel Corporation
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Portfolio
- 11.1.4. Strategic Initiatives
- 11.2. Xcerra Corporation
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Portfolio
- 11.2.4. Strategic Initiatives
- 11.3. Mac Panel Company
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Portfolio
- 11.3.4. Strategic Initiatives
- 11.4. National Instruments
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Portfolio
- 11.4.4. Strategic Initiatives
- 11.5. Spea S.P.A
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Portfolio
- 11.5.4. Strategic Initiatives
- 11.6. Star Technologies
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Portfolio
- 11.6.4. Strategic Initiatives
- 11.7. Advantest Corporation
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Portfolio
- 11.7.4. Strategic Initiatives
- 11.8. Roos Instruments, Inc.
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Portfolio
- 11.8.4. Strategic Initiatives
- 11.9. Aeroflex, Inc.
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Portfolio
- 11.9.4. Strategic Initiatives
- 11.10. Astronics Corporation
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Portfolio
- 11.10.4. Strategic Initiatives
- 11.11. Chroma Ate, Inc.
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Portfolio
- 11.11.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Automated Test Equipment Market By Product, 2020-2030, USD (Million)
- TABLE 2 Global Automated Test Equipment Market By End-use Vertical, 2020-2030, USD (Million)
- TABLE 3 North America Automated Test Equipment Market By Product, 2020-2030, USD (Million)
- TABLE 4 North America Automated Test Equipment Market By End-use Vertical, 2020-2030, USD (Million)
- TABLE 5 UK and European Union Automated Test Equipment Market By Product, 2020-2030, USD (Million)
- TABLE 6 UK and European Union Automated Test Equipment Market By End-use Vertical, 2020-2030, USD (Million)
- TABLE 7 Asia Pacific Automated Test Equipment Market By Product, 2020-2030, USD (Million)
- TABLE 8 Asia Pacific Automated Test Equipment Market By End-use Vertical, 2020-2030, USD (Million)
- TABLE 9 Latin America Automated Test Equipment Market By Product, 2020-2030, USD (Million)
- TABLE 10 Latin America Automated Test Equipment Market By End-use Vertical, 2020-2030, USD (Million)
- TABLE 11 Middle East and Africa Automated Test Equipment Market By Product, 2020-2030, USD (Million)
- TABLE 12 Middle East and Africa Automated Test Equipment Market By End-use Vertical, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Automated Test Equipment Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Automated Test Equipment Market: Quality Assurance
- FIG. 5 Global Automated Test Equipment Market, By Product, 2021
- FIG. 6 Global Automated Test Equipment Market, By End-use Vertical, 2021
- FIG. 7 Global Automated Test Equipment Market, By Geography, 2021
- FIG. 8 Global Automated Test Equipment Market, By Product, 2021 Vs 2030, %
- FIG. 9 Global Automated Test Equipment Market, By End-use Vertical, 2021 Vs 2030, %
- FIG. 10 U.S. Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 11 Canada Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 12 Rest of North America Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 13 UK Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 14 Germany Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 15 Spain Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 16 Italy Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 17 France Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 18 Rest of Europe Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 19 China Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 20 Japan Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 21 India Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 22 Australia Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 23 South Korea Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 24 Rest of Asia Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 25 Brazil Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 26 Mexico Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 27 Rest of Latin America Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 28 GCC Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 29 Africa Automated Test Equipment Market (US$ Million), 2020 - 2030
- FIG. 30 Rest of Middle East and Africa Automated Test Equipment Market (US$ Million), 2020 - 2030
