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Automated Test Equipment Market Size Worth USD 1.47 Billion By 2024 | TechnavioThe new automated test equipment market research from Technavio indicates Negative growth in the short term as the business impact of COVID-19 spreads. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201109005575/en/ Technavio has announced its latest market research report titled Global Automated Test Equipment Market 2020-2024 (Graphic: Business Wire) Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the automated test equipment market. Download free report sample "One of the primary growth drivers for this market is the Growing Use of Smartphones," says a senior analyst for the Industrials industry at Technavio. The electronics industry is growing at an unprecedented rate, with a significant increase in the exports of electronic goods in countries like China, Japan, and Singapore. There has been a stagnant increase in sales and shipment of smartphones, which promotes the growth of the test and measurement equipment. The increasing sales of electronic goods and the growing smartphone market will foster the demand for automated test equipment, boosting the automated test equipment market growth. As the markets recover Technavio expects he automated test equipment market size to grow by USD 1.47 billion during the period 2020-2024. Automated Test Equipment Market Segment Highlights for 2020
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Register for a free trial today to access 17,000+ market research reports using Technavio's SUBSCRIPTION platform About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201109005575/en/ |