Global Automated Test Equipment Market Overview :
Global Automated Test Equipment market is estimated to reach $5.6 Billion by 2025; growing at a CAGR of 2.3% till 2025. Automated test equipment (ATE) is a machine used to perform the test on devices called as device under test (DUT). An ATE can be simple computer-controlled electronic measuring instrument or complex system based on DUT. ATE is widely used in numerous industries such as production, automobiles, semiconductor, and military. Semiconductor ATE is specifically used to test semiconductor devices such as integrated circuits and printed circuit boards. Moreover, the military is used for wireless communications as well as for radar. ATE is also known as automatic test equipment.
Global Automated Test Equipment Market: Growth Factors
The major fueling factors of the automated test equipment market are a rise in acceptance about connected devices, and increasing need for cost-effective testing of devices. Moreover, the growing demand for electronic devices in the automotive industry and consumer electronics are likely to drive the market growth.
Global Automated Test Equipment Market: Segmentation
The global automated test equipment market is classified as a product, and vertical. Based on the product, the market is categorized as non-memory ATE, memory ATE, and discrete. On the basis of vertical, the market is divided into, automotive, consumer, aerospace & defense, IT & telecommunication, and others.
Global Automated Test Equipment Market: Regional Analysis
Based on geography, the market is divided into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further divided into the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is categorized as India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is divided into South America, the Middle East, and Africa.
Global Automated Test Equipment Market: Competitive Players
Key players operating in the market include ABB Group, Emerson Electric Co, Schlumberger Limited, Yokogawa Corporation of America, OMNI Automated Test Equipment, Inc., Schneider Electric, Thermo Fisher Scientific Inc., Dynamic Automated Test Equipment, Inc., KROHNE Messtechnik GmbH, Kessler-Ellis Products(KEP), Contrec Ltd, FMC Technologies, Inc., Flow Systems Inc., Fluidwell bv, and Flowmetrics, Inc.
Automated Test Equipment Market Key Segments:
- Non-memory ATE
- Memory ATE
- Aerospace & Defense
- IT & Telecommunications
- North America
- The U.S.
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Rest of the World
- South America
- Middle East
Key Market Players
- ABB Group
- Emerson Electric Co.
- Schlumberger Limited
- Yokogawa Corporation of America
- OMNI Automated Test Equipment, Inc.
- Schneider Electric
- Thermo Fisher Scientific Inc.
- Dynamic Automated Test Equipment, Inc.
- KROHNE Messtechnik GmbH
- Kessler-Ellis Products(KEP)
- Contrec Ltd
- FMC Technologies, Inc.
- Flow Systems, Inc.
- Fluidwell bv
- Flowmetrics, Inc.
What Report Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market