Automated Test Equipment Market (By Product: Non-Memory ATE, Memory ATE, Discrete ATE; By Vertical: Automotive, Consumer, Aerospace & Defense, IT & Telecommunications, Others; Automotive, Consumer, Aerospace & Defense, IT & Telecommunications, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

Published Date : Oct 2021 | No. of Pages : 150+ Pages | Category : Semiconductor and Electronic

The global automated test equipment market size is expected to be worth around US$ 10.90 billion by 2030, according to a new report by Vision Research Reports.

The global automated test equipment market size was valued at US$ 8.87 billion in 2020 and is anticipated to grow at a CAGR of 5.3% during forecast period 2021 to 2030.

Automated Test Equipment Market Size 2021 to 2030

Report Coverage

Report Scope Details
Market Size US$ 10.90 bn by 2030
Growth Rate CAGR of 5.3% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, Vertical
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Aemulus Holdings Bhd (“Aemulus”); Chroma ATE Inc.; Aeroflex Inc. (a subsidiary of Cobham plc); Astronics Corporation; Advantest Corporation; LTX-Credence Corporation (Xcerra Corporation); Teradyne Inc.; STAr Technologies Inc. (a subsidiary of Innotech Corporation); Tesec Corporation; Roos Instruments, Inc.; Marvin Test Solutions Inc.; Danaher Corporation

Growth Factors

 Increasing adoption of System on Chip (SoC) coupled with high demand for consumer electronics is anticipated to drive the growth. Growing electronic content in automotive sector and penetration of smartphones is expected to drive the market. Furthermore, the demand for Automated Test Equipment (ATE) in manufacturing industry as the test equipment save the manufacturing cost and helps in eliminating the defective devices is projected to continue fueling the market.

The growth is driven by the use of Automated Test Equipment (ATE) in the automotive and semiconductor industry. Significant increase in the number of connected devices and consumer electronics along with an increasing focus of the companies on quality improvement along with end-to-end testing solutions is expected to further drive the market.

By Product  Analysis

The non-memory ATE segment led the automated test equipment market and accounted for more than 66% share of the global revenue in 2020. Recent innovations in IoT devices and autonomous vehicles along with significant advancements in defense and aerospace sectors have drastically changed the market dynamics.

The product segment is further segregated into non-memory, memory, and discrete automated test equipment. Increased complexities in semiconductor chip manufacturing needs a significant amount of test cost and time.

By Vertical Analysis

The IT and telecommunications ATE segment led the market and accounted for more than 49% share of the global revenue in 2020. Based on vertical, the market is categorized into automotive, consumer, aerospace and defense, IT and telecommunications, and others.

The demand for automated test equipment is driven mainly by the increasing ST production, complexity, and performance level of semiconductor devices used in electronic products along with the emergence of development in semiconductor device technology. 

By Regional Analysis

The Asia Pacific segment led the market and accounted for more than 76% share of the global revenue in 2020. The region is expected to dominate over the forecast period, attributed to the significant presence of semiconductor industries.

The North America region is anticipated to witness significant gains, in terms of revenue share, over the forecast period due to the increasing application of automated test equipment in the aerospace and defense sector. 

Key Players

  • Aemulus Holdings Bhd (“Aemulus”)

  • Chroma ATE Inc.

  • Aeroflex Inc. (a subsidiary of Cobham plc)

  • Astronics Corporation

  • Advantest Corporation

  • LTX-Credence Corporation (Xcerra Corporation)

  • Teradyne Inc.

  • STAr Technologies Inc. (a subsidiary of Innotech Corporation)

  • Tesec Corporation

  • Roos Instruments, Inc.

  • Marvin Test Solutions Inc.

  • Danaher Corporation

Market Segmentation

  • Product

    • Non-Memory ATE

    • Memory ATE

    • Discrete ATE

  • Vertical

    • Automotive

    • Consumer

    • Aerospace & Defense

    • IT & Telecommunications

    • Others

  • Regional

    • North America 

      • U.S.

      • Canada

      • Mexico

    • Europe

      • U.K.

      • Germany

    • Asia Pacific

      • China

      • Japan

      • South Korea

      • Taiwan

      • Thailand

      • Singapore

      • Malaysia

    • South America

      • Brazil

    • Middle East & Africa

The Automated Test Equipment market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Automated Test Equipment market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Automated Test Equipment market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automated Test Equipment market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Automated Test Equipment market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Automated Test Equipment capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Automated Test Equipment by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Automated Test Equipment market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Automated Test Equipment market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Automated Test Equipment market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Automated Test Equipment industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Automated Test Equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Automated Test Equipment market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Automated Test Equipment market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Automated Test Equipment market. These factors have benefited the growth of the global market for Automated Test Equipment. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Automated Test Equipment. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Automated Test Equipment are as follows:

  • History Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:


- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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