Automated Test Equipment Market Is Anticipated To Reach $4.48 Billion by 2020:Grand View Research, Inc.
The Global Automated Test Equipment Market is
expected to reach USD 4.48 billion by 2020, according to a new study by Grand
View Research, Inc. Increased demand for consumer electronics is expected to
drive the market over the forecast period. Increased design complexity due to adoption
of system on chip has resulted in need for effective testing, which is expected
to favorably impact the market.
Fluctuating demand for semiconductors is expected to pose a challenge to
the growth of this market due to its adverse effects on the profitability of
industry participants. Consolidated nature of the market may prove to be a
barrier for industry growth. Expansion of wireless networks and significant
developments in the manufacturing process of semiconductors are factors
conducive for market growth over the next six years.
Browse full research report on Automated Test Equipment
Market: http://www.grandviewresearch.com/industry-analysis/automated-test-equipment
Further key findings from the
study suggest:
- Non-memory
ATE dominated the global market and accounted for over 75% of the overall
market share in 2013. This is primarily due to increased proliferation of
smartphones into the market, expansion of Long Term Evolution (LTE)
wireless communication standard, increased automotive demand, and growing
number of microcontroller-based applications.
- IT &
telecommunication accounted for over 50% of the overall market share in
2013, which can be attributed to the proliferation of computers,
smartphones and tablets in the market and increased emphasis on effective
communication. Automotive application sector is expected to witness
significant growth owing to increased integration of sophisticated
electronic devices in automobiles.
- Asia Pacific
is expected to be the market leader over the next six years, and accounted
for over 70% of the market in 2013, owing to the presence of large number
of semiconductor industries in the region and rapid technological
advancements. RoW is expected to witness significant growth over the
forecast period.
- Key industry
participants include National Instruments Corp., LTX-Credence Corporation,
Agilent Technologies Inc., Cal-Bay Systems, Aeroflex Inc., Anritsu Co.,
SPEA S.p.A, Advantest Corporation, Teradyne Inc., Advint LLC, and Rohde
& Schwarz GmbH & Co. KG among others.
Browse Report of this Category by Grand View Research: http://www.grandviewresearch.com/industry/electronic-devices
For the purpose of
this study, Grand View Research has segmented the global Automated Test
Equipment (ATE) market on the basis of product, application and region:
• Automated Test Equipment Product Outlook
(Revenue, 2012 – 2020)
• Memory ATE
• Non-memory ATE
• Discrete ATE
• Automated Test Equipment Application
Outlook (Revenue, 2012 – 2020)
• Automotive
• Consumer
• Defense
• IT & Telecommunication
• Others
• Automated Test Equipment Regional
Outlook (Revenue, 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: http://www.grandviewresearch.com
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