Report Id: SNS/SEMI/1555 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Automated Test Equipment Market will be valued at USD 9.49 billion by 2030, and it was valued at USD 7.26 billion in 2022, and grow at a CAGR of 3.4% over the forecast period 2023-2030.
Automatic testing equipment is a computer software solution that uses test tools to monitor and conduct electrical equipment and system quality, performance, and pressure tests. Additionally, components such as printed circuit boards, integrated circuits, and hard disc drives are tested using automated testing methods. Test units, test devices, and test tools are all terms used to describe the equipment used to test PCB automation testing tools. Furthermore, the automated testing system is built to reduce problem-solving across a broad range of factors, ensuring test time and cycle compliance.
Semiconductor automatic testing equipment uses data from a variety of signals and tools, including digital storage oscilloscopes, digital metres, LCR metres, form wave generators, and radio or generator signals, to detect, regulate, and record data. Additionally, next-generation automated testing solutions are created to digitise and operate standard testing machines, processes, and processes in order to cut test time and cost. Furthermore, the growing usage of diagnostic and data collecting tools for testing electronic applications in aerospace and military, as well as industrial automation, presents considerable potential prospects for the automated testing equipment market.
MARKET DYNAMICS:
KEY DRIVERS:
More usage of Automated Test Equipment.
RESTRAINTS:
Testers and testing components come at a high price.
OPPORTUNITIES:
Innovation in the automotive sector.
CHALLENGES:
Complicated product design.
IMPACT OF COVID-19:
The COVID-19 epidemic has wreaked havoc on a variety of industries, including the ATE industry. Because of the tight closure caused by the virus's quick spread, the ATE market had to suffer in terms of output. In terms of demand, regulatory demand from the IT & Telecom market has kept the need for ATE goods expanding by 2020, particularly in the second half. The continued use of remote operation has increased the necessity for IT items to be connected, necessitating the use of automated testing equipment.
Because of the rise in 5G and Internet access for Internet applications, the market for automated testing equipment is likely to develop significantly during the forecast period. During forecasts, demand for SoCs on computers and AI-enabled applications rose. Furthermore, the growing demand for improved semiconductor components in consumer electronics is likely to boost market research into autonomous testing equipment.
COMPETITIVE LANDSCAPE:
The key players in the Global Automated Test Equipment Market are Advantest Corporation., Cal-Bay Systems, Inc, Marvin Instruments Corp., Roos Instruments, Inc., Shinbashi, Inc., Cobham Plc, Agilent Technologies Inc, Teradyne Inc, Danaher Corporation, LTX-Credence, National Instruments Corp., Chroma ATE Inc, Astronics Test Systems and other.
KEY MARKET SEGMENTATION:
BY PRODUCT
Memory ATE
Flash Memory ATE
SRAM ATE
Digital ATE
Discrete ATE
DRAM ATE
Mixed Signal ATE
Non-Memory ATE
Others
BY TYPE
Integrated Circuit (IC) Testing
Hard Disk Drive Testing
Printed Circuit Board (PCB) Testing
Modules
BY COMPONENTS
Industrial PCs
Mass Interconnects
Handlers/Probers
Others
BY INDUSTRY
Semiconductor Fabrication
Automotive & Transportation
IT & Telecommunications
Consumer Electronics
Aerospace & Defense
Healthcare & Life Science
Others
REGIONAL ANALYSIS:
North America, Europe, Asia Pacific, South America, the Middle East and Africa make up the global automated testing equipment market on a regional basis. By 2020, the Asia Pacific area will account for more than 75 percent of worldwide revenues, making it the most profitable. The region is projected to continue to dominate the time of speculation due to the substantial presence of semiconductor companies in the area. China and Taiwan are likely to have the region's largest revenue share. Flexible testing, enhanced Design-for-Test, quick-mix test testers, fine-pitch probe cards, and design standards, among other technologies, are expected to have a substantial impact on future market trends. Increased government initiatives in countries like China, Indonesia, Malaysia, Singapore, Thailand, and Taiwan to construct more complicated industrial processes, as well as the introduction of new technology, is projected to aid development.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 7.26 Billion |
Market Size by 2030 | US$ 9.49 Billion |
CAGR | CAGR of 3.4% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product (Memory ATE, Flash Memory ATE, SRAM ATE, Digital ATE, Discrete ATE , DRAM ATE, Mixed Signal ATE, Non-Memory ATE, Others) • By Type (Integrated Circuit Testing, Hard Disk Drive Testing, Printed Circuit Board Testing, Modules) • By Component (Industrial Pcs, Mass Interconnects, Handlers/Probers, Others) • By Industry (Semiconduxtor Fabrication, Automotive & Transportation, IT & Telecommunications, Consumer Electronics, Aerospace & Defense, Healthcare & Life Science , Others) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Advantest Corporation., Cal-Bay Systems, Inc, Marvin Instruments Corp., Roos Instruments, Inc., Shinbashi, Inc., Cobham Plc, Agilent Technologies Inc, Teradyne Inc, Danaher Corporation, LTX-Credence, National Instruments Corp., Chroma ATE Inc, Astronics Test Systems and other. |
Key Drivers | • More usage of Automated Test Equipment. |
Restraints | • Testers and testing components come at a high price. |
Frequently Asked Questions (FAQ) :
The Automated Test Equipment Market size was valued at 7.0 billion in 2021 at a CAGR of 3.4%.
Asia Pacific region Is dominating the Automated Test Equipment Market.
The key players in the Global Automated Test Equipment Market are Advantest Corporation., Cal-Bay Systems, Inc, Marvin Instruments Corp., Roos Instruments, Inc., Shinbashi, Inc., Cobham Plc, Agilent Technologies Inc, Teradyne Inc, Danaher Corporation, LTX-Credence, National Instruments Corp., Chroma ATE Inc, Astronics Test Systems and other.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automated Test Equipment Market Segmentation, by Product
8.1Introduction
8.2 Memory ATE
8.3 Flash Memory ATE
8.4 SRAM ATE
8.5 Digital ATE
8.6 Discrete ATE
8.7 DRAM ATE
8.8 Mixed Signal ATE
8.9 Non-Memory ATE
8.10 Others
9. Global Automated Test Equipment Market Segmentation, by type
9.1 Introduction
9.2 Integrated Circuit (IC) Testing
9.3 Hard Disk Drive Testing
9.4 Printed Circuit Board (PCB) Testing
9.5 Modules
9.6 Other
10. Global Automated Test Equipment Market Segmentation, By Component
10.1 Introduction
10.2 Industrial PCs
10.3 Mass Interconnects
10.4 Handlers/Probers
10.5 Others
11. Global Automated Test Equipment Market Segmentation, By Industry
11.1 Introduction
11.2 Semiconduxtor Fabrication
11.3 Automotive & Transportation
11.4 IT & Telecommunications
11.5 Consumer Electronics
11.6 Aerospace & Defense
11.7 Healthcare & Life Science
11.8 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Advantest Corporation
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Astronics Test Systems
13.3 Cal-Bay Systems, Inc
13.4 Marvin Instruments Corp.
13.5 Roos Instruments, Inc.
13.6 Shinbashi, Inc.
13.7 Cobham Plc
13.8 Agilent Technologies Inc
13.9 Teradyne Inc
13.10 Danaher Corporation
13.11 LTX-Credence
13.12 National Instruments Corp.
13.14 Chroma ATE Inc
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.