The ‘Automated Test Equipment market’ study by Market Study Report, LLC, is a systematic detailing of the potential factors driving the revenue statistics of this industry. Key data documented in the study includes market share, market size, application spectrum, market trends, supply chain, and revenue graph. This research report elucidates a precise competitive summary of the business outlook stressing on expansion strategies adopted by key contenders of the Automated Test Equipment market.
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The global automated test equipment market is anticipated to reach around $5,058 million by 2026 according to a new research. In 2017, Asia-Pacific accounted for the majority share in the global Automated Test Equipment market.
In 2017, Asia-Pacific accounted for the highest share in the global automated test equipment market. The established semiconductor and consumer electronics industries, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region. The increasing modernization of vehicles, and growth in the global automotive industry further accelerate the adoption of automated test equipment. The increasing economic growth in countries such as China and India also increases the adoption of automated test equipment in the region. Expansion of global players into these countries to tap market potential boosts the automated test equipment market growth. The high penetration of electric vehicles in the region coupled with increasing development of autonomous vehicles promotes the adoption of automated test equipment. The rising demand for wireless networks and growth in penetration of connected devices supports the market growth in the region.
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The expanding range of consumer electronic devices coupled with growing complexity in design of consumer electronic devices majorly drives the automated test equipment market growth. The adoption of automated test equipment has increased significantly owing to growing need for effective testing in semiconductor and electronics industry, and shift towards energy efficient ICs. Other factors driving the market growth include technological advancements, modernization of vehicles, development of autonomous vehicles, and rising demand for wireless networks. New emerging markets, emerging consumer demographics, and commercialization of Internet of Things would provide growth opportunities for Automated Test Equipment market in the coming years.
The major players in the automated test equipment market include Teradyne, Inc., Roos Instruments, Inc., National Instruments Corporation, Star Technologies, Inc., Aeroflex, Inc., LTX-Credence Corporation, Danaher Corporation, Aemulus Holdings, Chroma ATE, Inc., and Marvin Test Solutions, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Automated Test Equipment Market share by Major regions included:
Middle East & Africa
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Table of Contents
1.Overview and Scope
1.1.Research goal & scope
1.3.1.Primary data sources
1.3.2.Secondary data sources
3.Automated Test Equipment Market Insights
3.1.Automated Test Equipment – Industry snapshot
3.2.Automated Test Equipment – Ecosystem analysis
3.3.Automated Test Equipment Market Dynamics
3.3.1.Automated Test Equipment – Market Forces
18.104.22.168.Automated Test Equipment Market Driver Analysis
22.214.171.124.Automated Test Equipment Market Restraint/Challenges analysis
126.96.36.199.Automated Test Equipment Market Opportunity Analysis
3.4.Industry analysis – Porter’s five force
3.4.1.Bargaining power of supplier
3.4.2.Bargaining power of buyer
3.4.3.Threat of substitute
3.4.4.Threat of new entrant
3.4.5.Degree of competition
3.5.Automated Test Equipment Market PEST Analysis, 2016
3.6.Automated Test Equipment Market Value Chain Analysis
3.7.Automated Test Equipment Industry Trends
3.8.Competitive Ranking Analysis
4.Automated Test Equipment Market Size and Forecast by Type, 2018-2026
5.Automated Test Equipment Market Size and Forecast by Component, 2018-2026
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