Global Automated Test Equipment Market is expected to reach USD 4.48 billion by 2020, according to a new study by Grand View Research, Inc. Increased demand for consumer electronics is expected to drive the market over the forecast period. Increased design complexity due to adoption of system on chip has resulted in need for effective testing, which is expected to favourably impact the market.
Fluctuating demand for semiconductors is expected to pose a challenge to the growth of this market due to its adverse effects on the profitability of industry participants. Consolidated nature of the market may prove to be a barrier for industry growth. Expansion of wireless networks and significant developments in the manufacturing process of semiconductors are factors conducive for market growth over the next six years.
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Further key findings from the study suggest:
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For the purpose of this study, Grand View Research has segmented the global Automated Test Equipment (ATE) market on the basis of product, application and region:
• Automated Test Equipment Product Outlook (Revenue, 2012 – 2020)
• Memory ATE
• Non-memory ATE
• Discrete ATE
• Automated Test Equipment Application Outlook (Revenue, 2012 – 2020)
• IT & Telecommunication
• Automated Test Equipment Regional Outlook (Revenue, 2012 – 2020)
• North America
• Asia Pacific
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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