TMCnet News
Automated Test Equipment Market size worth $ 8.98 Billion, Globally, by 2030 at 4.26% CAGR: Verified Market Research®Increasing numbers of connected devices and appliances and growing companies' attention to quality improvements and end-to-end test solutions are the factor driving the market growth of the Automated Test Equipment Market. JERSEY CITY, N.J., June 15, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Automated Test Equipment Market" By Type (Memory IC test system, Linear & discrete test system, System-on-Chip (SoC) test system, and Others), By Application (Aerospace and Defense, Automotive, Consumer Electronics, Medical, and Others), and By Geography. According to Verified Market Research, the Automated Test Equipment Market size was valued at USD 6.43 Billion in 2021 and is projected to reach USD 8.98 Billion by 2030, growing at a CAGR of 4.26% from 2022 to 2030.  Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=32691 Browse in-depth TOC on "Automated Test Equipment Market" 202 - Pages Global Automated Test Equipment Market Overview The primary factors driving the market growth are the increasing numbers of connected devices and appliances and growing companies' attention to quality improvements and end-to-end test solutions. Increased system-on-chip (SoC) adoption and high demand for consumer electronics are expected to be significant drivers of the Automated Test Equipment Market during the forecast period. The market is expected to be driven by the growth of electronic components and the spread of smartphones in the automobile field. Miniaturization has expanded the range of Automated Test Equipment applications. In addition, significant technological advances, coupled with design complexity and the need for adequate testing, are expected to drive the market. Increasing advancement in semiconductor manufacturing processes and expansion of wireless networks in developing countries are expected to significantly drive the growth of the Automated Test Equipment Market in the coming years. In addition, significant technological advances, design complexity, and the need for proper testing are expected to help expand the market. Recent technological advances have significantly reduced the cost and time required to manufacture semiconductor ICs and improved profitability. Key Players The major players in the market are Roos Instrument, Inc., National Instruments Corporation, Star Technologies, Inc., Advantest Corporation, Astronics Corporation, Aeroflex, Inc., LTX-Credence Corporation, Chroma ATE, Inc., Teradyne, Inc., and Marvin Test Solutions, Inc. Verified Market Research has segmented the Global Automated Test Equipment Market On the basis of Type, Application, and Geography.
Browse Related Reports: Modular Test Controllers Market By Product (Material Tests and Component Tests), By Application (Automotive, Aerospace & Defence, Construction), By Geography, Forecast, 2021-2028 DevOps Testing Services Market By Type (Cloud-Based, On-Premise), By Application (Large Enterprises, Small Enterprise, Medium Enterprises), By Geography, Forecast, 2021-2028 Testing Software Market By Product (Application Testing Services, Product Testing Services), By End-User (BFSI, Telecom, IT, Media), By Geography, Forecast, 2021-2028 Automated Testing Solution Market By Product (Cloud-based, On-premises), By Application (Small and Medium Enterprises (SMEs), Large Enterprises), By Geography, Forecast, 2021-2028 5 Leading Automation Testing Companies providing mechanized deployment solutions Visualize Automated Test Equipment Market using Verified Market Intelligence -: Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future. VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market. About Us Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions. Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research. We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries. Contact Us Mr. Edwyne Fernandes Logo: https://mma.prnewswire.com/media/1315349/Verified_Market_Research_Logo.jpg
|