Automated Test Equipment Market Growing Stupendously

1. Automated Test Equipment Market- Global Industry Analysis, Size, Share, Growth, Trends, And Forecast To 2022 The global automated test equipment (ATE) is expected to reach USD 4.3 Billion by 2022. The equipment is utilized for testing the semiconductor chips. Increasing demand in computing, consumer and communication industry is expected to drive the market. Furthermore, growing demand and need for efciency in various end-user segments which include healthcare, consumer electronics, communication, automotive, and defense is anticipated to upsurge the industry growth over the forecast period. Get PDF with Technological trends at https://www.xpodenceresearch.com/Request- Sample/105819 Continuous developments in software, computing and instrumentation technology are anticipated to fuel the innovation and growth in the industry. Increasing demand for consumer electronics and growing adoption of System-on-chip is projected to enhance the market growth over the forecast period. Growing device integration with rising consumer demand for additional features has led to an increase in the number of RF ports. Additionally, growing expansion of wireless networks and developments in semiconductor manufacturing processes in the emerging countries are anticipated to witness enormous growth in the industry. Increasing miniaturization of devices with numerous features such as high resolution, superior quality cameras, touch screen display across various application areas which include telecommunication, IT and defense has positively infuenced the ATE market. The ATE market is categorized based on the product and application. Based on the products, the market is segregated into memory, non-memory and discrete ATE. The non-memory ATE is estimated to contribute signifcantly with the market share of over 60% in 2016. Enduring innovations in autonomous vehicles and IoT devices in aerospace and defense sector have signifcantly changed the dynamics of the industry. The application segment of the ATE market include automotive, defense, consumer electronics, IT & telecommunication and others. The IT & telecommunication application is projected to acquire the major share of the market. It enables the service providers to augment the network with new telecom equipment manufacturers ensuring the consistent quality of the products. Obtain Report Details with technological advancement at https://www.xpodenceresearch.com/Reports/Automated-Test-Equipment-Market The growth of the automotive sector can be accredited to the extensive application of semiconductor devices across the automotive electronics such as vehicle infotainment systems, Advanced Driving Assistance System (ADAS). Furthermore, increasing unit production, performance and complexity level of the devices in various electronic products has led to the emergence of growth in semiconductor device technology. Few other factors driving the market include increased applications of consumer goods, reduced manufacturing time, and increased throughput. Furthermore, commercialization of the IoT and advancements in the automotive sector will also provide enormous opportunities to the market.

2. The fuctuations in semiconductor demand have created a supply demand gap which has caused the revenue generation unpredictable and has impacted the market proftability. Global ATE Market Revenue, By Application, 2012– 2022 (USD Billion) Asia Pacifc region is likely to dominate the market in 2016 and is expected to acquire the key share over the forecast period owing to the presence of semiconductor industries. Rapid technological advancements with gradually changing customer needs have led to the positive impact to the market. Presence of major electronic manufacturing and semiconductor companies in the countries such as Japan, China, Taiwan has signifcantly contributed to the industry growth. The North America region is expected to witness steady growth owing to the increased adoption of automated test equipment in defense and telecommunication sector. Increasing demand of ATE from automotive manufacturers in Europe region will lead to signifcant growth. Key players in the industry include LTX – Credence Corporation, Advantest Co., Advint LLC, Aerofex Inc., National Instruments Corporation and Teradyne Inc. Maintaining the close relationship with the customers, development of new instrumentation, enhancing the test platforms are few key strategies adopted in the industry. About Us: Xpodence Research have the most extensive collection of market research reports of many categories. Xpodence Research provides the best market research solution for every industry by publishing the best possible results of great market research frms worldwide. For every particular problem, there’s a particular solution, so according to the customer needs, we provide the best possible results to them from diferent market research organization, whether it’s a Custom Research or Syndicated Research reports because the product that wins is the one that bridges customers to the future, not the one that requires a giant leap. Every organization, whether it is related to Pharmaceuticals, Technology, Eatables, Consumable Goods and many more demands a market research results so that they can take important decisions for more productivity and better output in this swift world. Xpodence Research gives the best possible outcome, perfect forecast, analysis and insights of market research in the form of report which is benefcial for various organizations and also to the manufacturing companies in taking the best decisions for quality production. Contact Us: Xpodence Research 244, Madison Avenue New York City, NY - 10016 United States Toll Free +1- 844-445-2861 Email: sales@xpodenceresearch.com