Global Automated Test Equipment Market Research Report by Forecast to 2022

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Global Automated Test Equipment Market Research Report by Forecast to 2022

Global Automated Test Equipment Market Research Report by Forecast to 2022

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Global Automated Test Equipment Market Research Report by Forecast to 2022

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Global Automated Test Equipment Market Research Report by Forecast to 2022

Summary The global automated test equipment as per Market Research Future (MRFR) is anticipated to garner a CAGR of 3.5% over the assessment period between 2016 and 2023.

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Global Automated Test Equipment Market Research Report by Forecast to 2022

Major Key Players: •

Chroma ATE Inc. (Taiwan)

Cobham Plc (U.K.)

Astronics Test Systems (U.S.)

Agilent Technologies Inc. (U.S.)

Teradyne Inc. (U.S.)

Advantest Corporation (Japan)

LTX-Credence Corporation (U.S.)

Segmentation: •

By component, the market segments into probers, mass interconnect, industrial PC, semiconductors, and handlers.

By application, the market includes aerospace and defense, consumer electronics, telecommunications, automotive, and others. Among these segments, the telecommunication industry has the highest share in the global market. The segment is further anticipated to grow at a notable pace to remain at the top of the automated test equipment market standings.

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Global Automated Test Equipment Market Research Report by Forecast to 2022

Regional Analysis: The North American region dominates the global automated test equipment market with the highest share percentage. This is due to the vast pool of applications of the device in the defense industry in this region. The regional market valuation back in 2016 stood at USD 1,272.80 million and is anticipated to reach a valuation of USD 1,564.94 million by the end of the forecast period in 2022. The Asia Pacific market is another significant region in the global landscape. The region is expected to grow during the forecast period at a notable pace. This is due to the presence of various large semiconductor companies in the region. The regional market is projected to grow during the forecast period at a CAGR of 4.3% and reach a valuation of USD 1,209.31 million by 2022.

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Global Automated Test Equipment Market Research Report by Forecast to 2022

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