- Opportunity and Forecast, 2016-2025
Automated test equipment (ATE) is a computer-controlled equipment used to test electronic devices for performance and functionality. It uses automation to perform measurement rapidly and conclude test results. Moreover, it automatically conducts testing and diagnoses faults in integrated circuits and system on chips. ATE is considered as a cost-effective solution for volume testing. A wide range of technologies such as machine vision are used in ATE for electronics manufacturing, automotive, aerospace, medical, and other industries. In addition, it is used in wireless communication and radar in military applications.
The growth of the global ATE market is driven by need for effective testing, increase in number of consumer devices, and rise in demand for miniaturization. However, constant variation in demand for semiconductor industry, resulting in supply demand gap, affects the implementation of ATE in the industry, thus restraining the growth of the industry. Increase in demand for smartphone with features including superior quality cameras, high resolution, and touch screen display are expected to create opportunities in the industry.
The global automated test equipment market is segmented into product, application, and geography. Applications covered in the study include defense, telecommunication & IT, automotive, and consumer electronics. Product segment is classified into memory, non-memory, and discrete. The market is regionally analyzed across North America, Asia-Pacific, Europe, Latin America, and MEA.
Key players operating in the industry include Advantest Corp., Advint LLC, Aeroflex Inc., Agilent Technologies Inc., Anritsu Co., Cal-Bay Systems, LTX-Credence Corp., National Instruments Corp., and Teradyne Inc. These players have adopted expansion, new product launches, collaborations, joint ventures, partnerships, mergers & acquisitions, and other strategies to gain strong foothold and competitive edge in the global market.
The global railway traction motor market is expected to reach $41.63 billion in 2025, from $30.28 billion in 2016, growing at a CAGR of 3.8% from 2017 to 2025. Railway ... Read More >>