TechNavio recognizes the following companies as the key players in the Global Automated Test Equipment Market: Advantest Corp., Teradyne Inc., and LTX-Credence Corp.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”India is one of the largest customer bases in the APAC region after China. Hence, electronic device vendors are discovering ways to attract cost-conscious Indian customers with competitive pricing strategies. In order to cut costs, the leading vendors of electronic devices have set up semiconductor assembly lines in India with effective ATE, which allows them to offer quality products customized as per the requirements of domestic customers and to bundle them with competitive prices.”
According to the report, the key factor driving the growth of this market is the rapid increase in the production of semiconductor devices in the global market.
Further, the report states that the major challenge is the limited availability of a skilled workforce to effectively operate ATE that are functioning on niche technology with limited market base.
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/content/global-automated-test-equipment-market-…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/hardware
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report-Global Automated Test Equipment Market 2012-2016
