TechNavio recognizes the following companies as the key players in the Global System-on-Chip (SOC) Test Equipment Market: Advantest Corp., LTX-Credence Corp., and Teradyne Inc.
Commenting on the report, an analyst from TechNavio’s team said: “Semiconductor IC manufacturers foresee an increased demand for chips in devices such as desktop PCs, notebooks, netbooks, tablets, cell phones, and smartphones. They have therefore increased production to capitalize on the expected demand and thereby retain or gain market share. Major semiconductor chip vendors such as Intel Corp., Toshiba Corp., Samsung Electronics Co. Ltd., Texas Instruments Inc., and STMicroelectronics N. V. are either expanding their current capacities or investing directly/indirectly in new facilities to meet market demand. In order to thrive in this competitive environment, semiconductor chip manufacturers are installing SOC test equipment in their production lines to ensure quality products are delivered to their customers.”
According to the report, one of the main drivers in this market is the increasing demand for semiconductors. Emerging electronic devices such as mobile communication devices, telecom devices, and consumer electronics are propelling the demand for semiconductors. The increasing adoption of digital signal processing devices and the expansion of semiconductor devices in automotive and power management applications have resulted in the increase in demand for semiconductors in the market. The increasing integration of semiconductors in electronic devices is expected to foster growth in the market.
Further, the report states that one of the major challenges in the market is the cyclical nature of the Semiconductor industry that leads to fluctuations in the demand for FEOL semiconductor separation equipment. Moreover, in some cases the production of such equipment tends to exceed its demand.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-system-on-chip-soc-test-equipment…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report – Global System-on-Chip (SOC) Test Equipment Market 2014-2018
