SOURCE: Grand View Research, Inc.

Grand View Research, Inc.

June 22, 2015 13:10 ET

Automated Test Equipment Market Is Expected to Grow Rapidly, Will Reach $4.48 Billion by 2020: Grand View Research, Inc.

SAN FRANCISCO, CA--(Marketwired - Jun 22, 2015) -  The global Automated Test Equipment (ATE) market is expected to reach USD 4.48 billion by 2020, according to a new study by Grand View Research, Inc. Increased demand for consumer electronics is expected to drive the market over the forecast period. Increased design complexity due to adoption of system on chip has resulted in need for effective testing, which is expected to favorably impact the market.

Full research report on Global Automated Test Equipment Market with detailed figures and charts available at: http://www.grandviewresearch.com/industry-analysis/automated-test-equipment 

Fluctuating demand for semiconductors is expected to pose a challenge to the growth of this market due to its adverse effects on the profitability of industry participants. Consolidated nature of the market may prove to be a barrier for industry growth. Expansion of wireless networks and significant developments in the manufacturing process of semiconductors are factors conducive for market growth over the next six years.

Further key findings from the study suggest:

  • Non-memory ATE dominated the global market and accounted for over 75% of the overall market share in 2013. This is primarily due to increased proliferation of smartphones into the market, expansion of Long Term Evolution (LTE) wireless communication standard, increased automotive demand, and growing number of microcontroller-based applications.
  • IT & telecommunication accounted for over 50% of the overall market share in 2013, which can be attributed to the proliferation of computers, smartphones and tablets in the market and increased emphasis on effective communication. Automotive application sector is expected to witness significant growth owing to increased integration of sophisticated electronic devices in automobiles.
  • Asia Pacific is expected to be the market leader over the next six years, and accounted for over 70% of the market in 2013, owing to the presence of large number of semiconductor industries in the region and rapid technological advancements. RoW is expected to witness significant growth over the forecast period.
  • Key industry participants include National Instruments Corp., LTX-Credence Corporation, Agilent Technologies Inc., Cal-Bay Systems, Aeroflex Inc., Anritsu Co., SPEA S.p.A, Advantest Corporation, Teradyne Inc., Advint LLC, and Rohde & Schwarz GmbH & Co. KG among others.

Get more information on Global Automated Test Equipment Market or request for sample of this research report at: http://www.grandviewresearch.com/industry-analysis/automated-test-equipment 

For the purpose of this study, Grand View Research has segmented the automated test equipment market on the basis of product, technology and region:

  • Automated Test Equipment Product Outlook (Revenue, 2012 - 2020)
    • Memory ATE
    • Non-memory ATE
    • Discrete ATE
  • Automated Test Equipment Application Outlook (Revenue, 2012 - 2020)
    • Automotive
    • Consumer
    • Defense
    • IT & Telecommunication
    • Others
  • Automated Test Equipment Regional Outlook (Revenue, 2012 - 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW

View more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/electronic-devices 

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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Contact Information

  • Contact:

    Sherry James
    Corporate Sales Specialist, USA
    Grand View Research, Inc
    Phone: 1-415-349-0058
    Toll Free: 1-888-202-9519
    Web: www.grandviewresearch.com