Global Semiconductor Automated Test Equipment Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Semiconductor Automated Test Equipment Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global semiconductor automated test equipment market report has been segmented on the basis of product, application area, and region.

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Global Semiconductor Automated Test Equipment Market: Overview

Semiconductor Automated Test Equipment (ATE) is majorly used for the purpose of testing Semiconductor chips. Semiconductor Automated Test Equipment (ATE) includes variety of instruments or cards for testing analog, digital, mixed-signal, LCD driver, and memory systems.

Global Semiconductor Automated Test Equipment Market: Dynamics

Rising demand for consumer electronics such as wearable computing, gaming, video calling, and 3D HDTV; rising adoption of electronic components in automotive industry, and increasing number of connected devices like smartphones across the globe are major factors expected to drive growth of the global market over the forecast period.

In addition, increasing manufacturers focus on improving quality of product along with end-to-end testing solutions is another factor expected to further fuel growth of the target market over the forecast period.

Moreover, increasing development of semiconductor automated test equipment (ATE) by manufacturers to increase the performance and speed of operations is another factor expected to propel growth of the global market over the forecast period.

Furthermore, technological advancements, development of wireless network across developing countries, and rising demand for effective testing are expected to boost growth of the target market over the forecast period.

However, high testing cost of the semiconductor automated test equipment is a key factor expected to restrain growth of the global market over the forecast period.

Development of low-cost testing solutions and alternative test methods and systems are expected to create potential revenue opportunities for the players operating in the target market over the forecast period.

Technological advancements, innovative product launches, and introduction of low-cost testing solutions using various business strategies such as mergers, acquisitions, partnership, etc., by key players operating in the target market expected to support growth of the global market.

Global Semiconductor Automated Test Equipment Market: Segment Analysis

Among the product segments, the non-memory ATE segment is expected to dominate in the global market, owing increasing complexities in semiconductor chip manufacturing.

Among the application area segments, the automotive segment is expected to register significant growth in terms of revenue over the forecast period, owing to rising adoption of automatic test equipment in semiconductor assembly and manufacturing.

Global Semiconductor Automated Test Equipment Market: Regional Analysis

The market in Asia Pacific is expected to dominate in the global market in terms of revenue over the forecast period, owing to increasing adoption of various technologies such as advanced design-for-test (DFT), adaptive testing design standers, and presence of semiconductor industries across various countries in this region.

The market in North America is expected to register significant growth in terms of revenue over the forecast period, owing to increasing its application in aerospace and defense sector and rising government initiatives across various countries such as China, Indonesia, Singapore, Malaysia, Thailand, etc.

Global Semiconductor Automated Test Equipment Market Segmentation:

Segmentation by product:

Non-Memory ATE
Memory ATE
Discrete

Segmentation by application area:

Automotive
Consumer
Aerospace & Defense
IT & Telecommunications
Others