Automated Test Equipment Market Report

Automated Test Equipment Market Analysis Report By Product (Non-Memory, Memory, Discrete), By Vertical (Automotive, Consumer, Aerospace & Defense, IT & Telecom), By Region, And Segment Forecasts, 2019 - 2025

  • Published Date: Apr, 2019
  • Base Year for Estimate: 2018
  • Report ID: 978-1-68038-176-4
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2017
  • Number of Pages: 167

Industry Insights

The global automated test equipment market size was valued at USD 4.9 billion in 2018 and is expected to register a CAGR of 2.4% over the forecast period. The growth of the market is driven by use of automated test equipment in the automotive and semiconductor industries.

There is a significant increase in the number of connected devices and consumer electronics. The companies are increasingly focusing on quality improvement, along with end-to-end testing solutions, which is one of the primary drivers in the market. Implementation of automated test equipment (ATE) by semiconductor manufacturing companies will enhance their performance capability and the speed of operation, which in turn, will reduce the cost of the semiconductor device.                                                                                                      

Germany automated test equipment market

Increasing adoption of system-on-chip and high demand for consumer electronics are expected to be the key driving forces of the market over the forecast period. Surging demand for electronic components in the automotive sector and penetration of smartphones are expected to drive the market over the forecast period. Miniaturization of devices has spurred ATE demand across various application areas.

Additionally, considerable technological advancements, coupled with design complexity and need for effective testing, are expected to benefit the industry expansion. Developments in the manufacturing processes of semiconductors and expansion of wireless networks in developing nations are expected to provide significant growth over the coming years.

Product Insights

Recent innovations in IoT devices and autonomous vehicles, along with significant changes in the defense and aerospace sector, have drastically changed the dynamics of the market. Companies are focusing on enhancing customer satisfaction by ensuring faster time-to-market, along with ensuring superior quality products and low-testing costs. These factors act as significant drivers in the ATE market.

The non-memory ATE segment dominated the market in 2018. Increased complexities in semiconductor chip manufacturing need significant amount of test cost and test time. Semiconductor companies focus on reducing the testing costs and consider outsourced companies equipment for their testing process rather than in-house development of test equipment, which is one of the primary driving factor in the market.

Recent advancements in technologies have significantly reduced the cost and time for manufacturing semiconductor IC and increased margin for the companies. ATE companies constantly invest in R&D in order to enhance their product portfolio and to fit in with the latest improvement in semiconductor devices.

Vertical Insights

Increasing applications of automatic test equipment in the semiconductor assembly and manufacturing industry is expected to drive the market demand. The IT and telecommunication vertical is expected to gain a significant share in the automated test equipment market.

Demand for automated test equipment is driven mainly by increasing ST production, complexity, and performance level of semiconductor devices used in several electronic products, along with the emergence of development in semiconductor device technology. Furthermore, increasing pricing pressure among semiconductor manufacturers has forced suppliers to leverage the utilization of capital equipment across multiple devices.

Global automated test equipment market

Increasing applications of automatic test equipment in the semiconductor assembly and manufacturing industry are expected to drive the market demand. Automated test equipment developed for the consumer vertical accounted for around 26.3% share of the overall revenue in 2018.

Regional Insights

Asia Pacific is expected to emerge as a major region in the market over the forecast period. The growth in the region is mainly attributed to significant presence of semiconductor industries. China and Taiwan are expected to contribute significantly to the regional market expansion.

Various technologies such as adaptive testing, advanced design-for-test (DFT), faster mixed-signal testers, fine-pitch probe cards, and design standards are the future technologies expected to significantly change the dynamics of the ATE market and enhance growth.

Asia Pacific dominated the global market. North America is anticipated to gain a high revenue share over the forecast period due to increasing applications of the product in the aerospace and defense sector. Increasing government initiatives in various countries like China, Indonesia, Malaysia, Singapore, Thailand, and Taiwan to develop the advanced manufacturing processes are also expected to drive the industry.

Automated Test Equipment Market Share Insights

Key players in the market include Aemulus Holdings Bhd (“Aemulus”); Chroma ATE Inc.; Aeroflex Inc. (a subsidiary of Cobham plc); Astronics Corporation; Advantest Corporation; LTX-Credence Corporation (Xcerra Corporation); Teradyne Inc.; STAr Technologies Inc. (a subsidiary of Innotech Corporation); Tesec Corporation; Roos Instruments, Inc.; Marvin Test Solutions Inc.; and Danaher Corporation.

Report Scope

Attribute

Details

Base year for estimation

2018

Actual estimates/Historical data

2014 - 2017

Forecast period

2019 - 2025

Market representation

Revenue in USD Million and CAGR from 2019 to 2025

Regional scope

North America, Europe, Asia Pacific, South America, and MEA

Country scope

U.S., Canada, Mexico, U.K., Germany, China, Japan, South Korea, Taiwan, Thailand, Singapore, Malaysia, and Brazil

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

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Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis on the latest industry trends and opportunities in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global automated test equipment market report based on product, vertical, and region:

  • Product Outlook (Revenue, USD Million, 2014 - 2025)

    • Non-memory

    • Memory

    • Discrete

  • Vertical Outlook (Revenue, USD Million, 2014 - 2025)

    • Automotive

    • Consumer

    • Aerospace & Defense

    • IT & Telecommunications

    • Others

  • Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • U.K.

      • Germany

    • Asia Pacific

      • China

      • Japan

      • South Korea

      • Taiwan

      • Thailand

      • Singapore

      • Malaysia

    • South America

      • Brazil

    • The Middle East & Africa

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