Automated Test Equipment Market Business Opportunities and Industry Analysis Report 2027

Posted January 25, 2023 by avinashgogawale14

The Automated Test Equipment Market is anticipated to grow from USD 7.0 billion in 2022 to USD 8.8 billion in 2027, with a predicted CAGR of 4.7%.
The Automated Test Equipment Market Size is expected to reach USD 8.8 billion by 2027, at a CAGR of 4.7 % during forecast period.

The growth of the Market has increased on account of their rising demand in the consumer electronics industry and the reduction in manufacturing time achieved with the use of automated test equipment. Government initiatives to boost the semiconductors industry, would present growth opportunities for the market during the forecast period.

Use of Automated Test Equipment reduces manufacturing time and cost

Manual testing involves a human operation on a computer wherein a careful execution of each test step is carried out. In automated test equipment, the testing process includes the use of an automation tool to execute the test case suite.

It also includes automation software that can enter test data into the DUT and compare the expected results with the actual results, thereby generating detailed test reports. automated test equipment enables testing on semiconductor devices such as the Printed Circuit Boards (PCBs) to be carried out very swiftly and at a much faster rate. Since the time of production is considered a major element of the overall production cost of an item of any electronic equipment, it is extremely important to reduce the production time as much as possible. This can be achieved easily with the use of an automated test equipment market.

Download PDF Brochure @

Advancement in automotive sector

Semiconductor devices find ample applications in the automotive environment. There is an increase in the consumption of semiconductors in the automotive industry.

Most automobile vehicles nowadays use advanced driving assistant systems (ADAS), which provide features like adaptive cruise control, automatic brakes, and blind-spot monitoring, among others. Automotive applications such as advanced and sophisticated structures of cars, hybrid electric vehicles, and rail tractions have a bright future. According to the US International Trade Commission (USITC) report published in May 2019, the semiconductor components value in hybrid electric vehicles (HEV) has increased from USD 1,000 to USD 3,500.

Printed Circuit Board Testing to witness the highest CAGR during the forecast period.

A printed circuit board (PCB) is a basic component of any electronic circuit. The growing use of surface-mount components combined with multiple layers has increased the complexity of PCBs. As the applications of PCBs are endless, the common requirement that all PCBs are expected to meet is to function correctly according to the project specifications. As the semiconductor fabrication technology is advancing, electronic circuits now include hundreds of components with multiple welds and interconnects. With increase in complexity, demand for PCB is also increasing and expected to grow with the highest CAGR during the forecast period.

Industrial PCs is expected to have the largest market size during the forecast period

Industrial PCs have dominated this market. An industrial PC in an ATE system acts as a controller. Industrial PCs are designed in such a way that they can be used in a rugged industrial environment. These PCs are installed in a rugged rack mounting enclosure, thereby reducing the required wiring. They are used to control machinery and other controllable electrical systems and, therefore, possess high resistance to vibration, noise, temperature, and dust.

Browse For More Details -

China to grow with the highest CAGR in APAC region during the forecast period

China to grow with highest CAGR in APAC region. It is considered the global manufacturing hub for various industries, such as electronics, semiconductors, and automotive. It is one of the fastest-growing economies in the world. China, during the pandemic, has also developed and designed a range of medical devices during critical times. This allowed it to prove its credibility to ensure production in tough times and meet the global demand. Additionally, the country is also the world's fastest-growing consumer market that directly competes with the US and a few countries in Western Europe. This will lead to the increased demand for ATE for the design and development and testing of consumer appliances and other peripheral electronics in the country.

The report profiles key players in the automated test equipment market and analyzes their market shares. Players profiled in this report are Advantest Corporation (Japan), Teradyne (US), National Instruments (US), Chroma ATE (Taiwan), Astronics Corporation (US), STAr Technologies (Taiwan), Roos Instruments (US), Marvin Test Solutions (US), Cohu (US), and OMRON Corporation (Japan), TESEC Corporation(Japan), Danaher(US), ESPEC North America(US), JTAG Technologies(Netherlands), Vaunix(US), JFW Industries(US), Aemulus(Malaysia), Festo(Germany), Nikon Metrology(Belgium), Carl Zeiss AG (Germany), Viscom AG(Germany), Keysight Technologies(US), Artiflex Engineering(South Africa), Vitrox Corporation(Malaysia), Saki Corporation(Japan), Test Research Inc. (TRI)(Taiwan), ShenZhen J-wide Electronics Equipment Co., Ltd.(China), CHINO(US).

News Covered:

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Visit Our Website:
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Avinash
Phone +1-888-600-6441
Business Address Tower B5, office 101, Magarpatta SEZ,
Hadapsar, Pune-411013, India
Country India
Categories Business , Industry , Semiconductors
Tags automated test equipment market
Last Updated January 25, 2023