This industry research report provides a detailed evaluation of the global automated test equipment market by product (SoC and memory), by application (IT and Telecom, consumer electronics, automotive, defense, and others) and by geography (APAC, the US, Europe, and ROW). The report also presents the vendor landscape and a corresponding detailed analysis of the top vendors in the market, which include Advantest and Teradyne.
Technavio’s market research analysts estimate the global automated test equipment market, to grow at a CAGR of more than 1% between 2015 and 2019. These equipment is used during the manufacturing of semiconductor ICs, which are integrated in electronic devices, such as consumer electronics, mobile devices, heavy equipment, medical devices, and defense equipment. These equipment help in saving the manual efforts and time of a semiconductor manufacturing process along with ensuring better quality solutions. APAC dominates the global automated test equipment market, accounting for 75% of the overall market share. The significant presence of semiconductor IC manufacturers in APAC is one of the primary reasons for the high revenue contribution from this region.
The new market research report from Technavio provides a breakdown and analysis of the automated test equipment segments by technology.
“Considering the rising demand for semiconductor test equipment, this market is going through various technological advancements. Self-test technologies are being designed into circuits to simplify the testing procedure. Vendors are also adopting semiconductor testing to optimize the manufacturing operations. Moreover, the introduction of through-silicon via (TSV) technology requires new testing technologies to ensure reliability of semiconductors,” says Asif Ghani, Lead Analyst, Hardware & Semiconductor, Technavio Research.
The system-on-chip (SoC) segment is the largest revenue contributor to the automated test equipment market, accounting for a massive revenue share of over 83%. However, due to increase in demand for high speed and high storage memory devices, the memory semiconductor test equipment market is rapidly growing and is expected to increase its market presence in the global market during the forecast period.
The key vendors in the global automated test equipment market are Advantest and Teradyne. The market is highly marked with the presence of prominent vendors taking the majority share in the market. The growth in the automated test equipment market is closely related to the advancements in the global semiconductor industry. In addition, vendors providing inexpensive and technologically advanced testing solutions will be able to capture a greater market share.
A more detailed analysis is available in the Technavio report, Global Automated Test Equipment Market 2015-2019.
We can customize reports by other regions and specific segments upon request.
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