Automated Test Equipment Market Size, ATE Sector / Industry Report & Analysis, 2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Automated Test Equipment Market


The global Automated Test Equipment market size is projected to reach US$ 5.92 billion by 2026, from US$ 5.14 billion in 2020, at a CAGR of 2.4% during 2021-2026. The growth of the market is driven by use of automated test equipment in the automotive and semiconductor industries.

There is a significant increase in the number of connected devices and consumer electronics. The companies are increasingly focusing on quality improvement, along with end-to-end testing solutions, which is one of the primary drivers in the market. Implementation of automated test equipment (ATE) by semiconductor manufacturing companies will enhance their performance capability and the speed of operation, which in turn, will reduce the cost of the semiconductor device.

Increasing adoption of system-on-chip and high demand for consumer electronics are expected to be the key driving forces of the market over the forecast period. Surging demand for electronic components in the automotive sector and penetration of smartphones are expected to drive the market over the forecast period. Miniaturization of devices has spurred ATE demand across various application areas.

Additionally, considerable technological advancements, coupled with design complexity and need for effective testing, are expected to benefit the industry expansion. Developments in the manufacturing processes of semiconductors and expansion of wireless networks in developing nations are expected to provide significant growth over the coming years.

Market Segmentation, Outlook & Viewpoint: Global Automated Test Equipment Market

Product Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Non-memory
  
Memory
  
Discrete

Vertical Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Automotive
  
Consumer
  
Aerospace & Defense
  
IT & Telecommunications
  
Others

Key Players, Recent Developments & Regional Insights: Global Automated Test Equipment Market

Recent innovations in IoT devices and autonomous vehicles, along with significant changes in the defense and aerospace sector, have drastically changed the dynamics of the market. Companies are focusing on enhancing customer satisfaction by ensuring faster time-to-market, along with ensuring superior quality products and low-testing costs. These factors act as significant drivers in the ATE market.

The non-memory ATE segment dominated the market in 2018. Increased complexities in semiconductor chip manufacturing need significant amount of test cost and test time. Semiconductor companies focus on reducing the testing costs and consider outsourced companies equipment for their testing process rather than in-house development of test equipment, which is one of the primary driving factor in the market.

Recent advancements in technologies have significantly reduced the cost and time for manufacturing semiconductor IC and increased margin for the companies. ATE companies constantly invest in R&D in order to enhance their product portfolio and to fit in with the latest improvement in semiconductor devices.

Vertical Insights

Increasing applications of automatic test equipment in the semiconductor assembly and manufacturing industry is expected to drive the market demand. The IT and telecommunication vertical is expected to gain a significant share in the automated test equipment market.

Demand for automated test equipment is driven mainly by increasing ST production, complexity, and performance level of semiconductor devices used in several electronic products, along with the emergence of development in semiconductor device technology. Furthermore, increasing pricing pressure among semiconductor manufacturers has forced suppliers to leverage the utilization of capital equipment across multiple devices.

Increasing applications of automatic test equipment in the semiconductor assembly and manufacturing industry are expected to drive the market demand. Automated test equipment developed for the consumer vertical accounted for around 26.3% share of the overall revenue in 2018.

Regional Insights

Asia Pacific is expected to emerge as a major region in the market over the forecast period. The growth in the region is mainly attributed to significant presence of semiconductor industries. China and Taiwan are expected to contribute significantly to the regional market expansion.

Various technologies such as adaptive testing, advanced design-for-test (DFT), faster mixed-signal testers, fine-pitch probe cards, and design standards are the future technologies expected to significantly change the dynamics of the ATE market and enhance growth.

Asia Pacific dominated the global market. North America is anticipated to gain a high revenue share over the forecast period due to increasing applications of the product in the aerospace and defense sector. Increasing government initiatives in various countries like China, Indonesia, Malaysia, Singapore, Thailand, and Taiwan to develop the advanced manufacturing processes are also expected to drive the industry.

Automated Test Equipment Market Share Insights

Key players in the market include Aemulus Holdings Bhd (Aemulus); Chroma ATE Inc.; Aeroflex Inc. (a subsidiary of Cobham plc); Astronics Corporation; Advantest Corporation; LTX-Credence Corporation (Xcerra Corporation); Teradyne Inc.; STAr Technologies Inc. (a subsidiary of Innotech Corporation); Tesec Corporation; Roos Instruments, Inc.; Marvin Test Solutions Inc.; and Danaher Corporation.

Key Insights Covered: Global Automated Test Equipment Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Automated Test Equipment industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Automated Test Equipment industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Automated Test Equipment industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Automated Test Equipment industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Automated Test Equipment industry.

Research Methodology: Global Automated Test Equipment Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other