US Automated Test Equipment Market size to rise at a whopping 2.5% CAGR to 2022

Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites.
Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. For avoidance of any doubts and to make it easier, you may consider any links to external websites as sponsored links. Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

The US automated test equipment market share will grow at a rate of 2.5% during 2015-2022 primarily due to investment in defense sectors coupled with growth in the telecommunication industry.

APAC automated test equipment market is likely to exceed USD 3.5 billion by 2022 due to the presence of many semiconductor manufacturers. Positive regional growth is attributed to rapid technological advancements and changing consumer preferences.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/146

Rising design complexity coupled with the need for efficient testing will propel the industry growth. Cost reductions, higher product quality and improved ergonomics are benefits offered by these systems. Rising adoption trends such as System on Chip (SoC) and increasing demand for consumer electronics will propel the industry growth. Improving the battery life remains the cornerstone of several manufacturers’ design efforts, in light of increased demand for portability and miniaturization this will also fuel the automated test equipment market.

High penetration of electronics in automobiles along with rising adoption of smartphones and compact devices has surged the demand for ATE among various sectors such as IT and telecommunication, defense, etc.

The automated test equipment market is mainly dependent on semiconductor chip availability. Increasing demand from smartphones, computers and tablets have pushed the production capacity thus impacting the revenue of global industry positively. Increasing dependency on semiconductor devices and resulting supply and demand gap may hamper the industry growth.

ATE application revenue in the IT & Telecommunication industry is forecast to reach USD 2.20 billion by 2022 driven by huge demand for testing services by communication service providers and telecom equipment manufacturers. Also, rising demand for consumer electronics such as smartphones, tablets, etc. will drive the consumer electronics automated test equipment market size to reach USD 1.3 billion by 2022.

ATE product market can be segmented as Non-memory, Memory, and Discrete. Non-memory ATE market dominated the overall industry accounting for 75% revenue. Rising consumer electronics demand, coupled with growth in the automotive sector will positively impact the industry share, which is expected to grow at a CAGR of 2.8% over the period of 2015-2022. Discrete ATE market will be the fastest growing product segment registering a CAGR of 3% over the forecast timeframe.

Browse key industry insights spread across 110 pages with 31 market data tables & 29 figures & charts from the report, “Automated Test Equipment Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/automated-test-equipment-ate-market-size

Advantest, Aeroflex, Anritsu, Cal-Bay Systems, LTX-Credence, Teradyne, Agilent Technologies, National Instruments Corporation are some of the players in this industry. Teradyne accounted for more than 40% of the industry share in 2015. Various strategies followed by companies are new product developments, customer relationship management and improving standard platforms.

Glimpse of Table of Content (ToC)

Chapter 5 Automated Test Equipment Market Application Insights

5.1 Automotive

5.1.1 Global demand in automotive, by region, (USD Million), 2012 – 2022

5.2 Consumer

5.2.1 Global demand in consumer applications, by region, (USD Million), 2012 – 2022

5.3 Defense

5.3.1 Global demand in defense, by region, (USD Million), 2012 – 2022

5.4 Telecommunication & IT

5.4.1 Global demand in IT & telecommunication, by region, (USD Million), 2012 – 2022

5.5 Others

5.5.1 Global demand in other applications, by region, (USD Million), 2012 – 2022

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/automated-test-equipment-ate-market-size

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.