Automated Test Equipment Market Size, Share, Trends, Opportunities, Challenges and Growth Forecast t
Automatic Test Equipment (ATE) is one of the most widely used circuit and device test in modern electronics. It is used in the fault detection of printed circuit board in electronics and electrical equipment and are relatively swift and faster compared to manual test methodology. It performs test on a device, known as the Device under Test (DUT) or Unit under Test (UUT), using automation to quickly perform measurements and evaluate the test results and thus ensuring quality of device. Automatic test equipment has a significant role in reducing cost of manufacturing and assisting in eliminating defective devices from market.
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Based on components of automated test equipment, the automated test equipment market can be classified as industrial PC, handler, mass interconnector, and probers. Based on the various equipment types, the market can be classified as mixed signal, memory chip, digital and others. Based on application, the overall ATE market can be further segmented as aerospace, automotive, consumer electronics, defense, health care and others.
The automated test equipment market is driven by number of factors. Reduced manufacturing time with the help of automated test equipment, escalating throughput, and growing appliances of consumer electronics are some of the predominant driver of the market. The increasing demand of consumer electronics goods, including laptops, tablets, smartphones, and others, have resulted in higher demand of ATE.
North America is the largest market of automated test equipment system. It is followed by Asia-Pacific and Europe. Asia-Pacific automated test equipment system market is growing at highest rate attributed to high concentration of the semiconductor and electronics manufacturing industries in developing countries such as China, India and Taiwan. The U.S. is the largest regional market of automated test equipment in North America. Germany, Italy and U.K are some of the major automated test equipment market of Europe. And Taiwan, China, India, Japan and South Korea are some of the dominant regional market of automated test equipment of Asia Pacific region.
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Some of the top competitors in the global automated test equipment market are Aeroflex, Inc., Roos Instruments, Inc., LTX-Credence Corporation, Chroma ATE, Inc., Advantest Corporation. Teradyne, Inc., Star Technologies, Inc., National Instruments Corporation, Marvin Test Solutions, Inc., Marvin Test Solutions Inc.