The Global Market for Semiconductor Automated Test Equipment (ATE) is Projected to Reach US$3.16 Billion by 2022

Emerging Era of Digital Disruption to Expand the Role of Semiconductors & Drive Opportunities for Semiconductor ATE, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Semiconductor Automated Test Equipment (ATE) market. The global market for Semiconductor Automated Test Equipment (ATE) is projected to reach US$3.16 billion by 2022, driven by the “digitalize or die” challenge faced by industries and the ensuing significance of semiconductors.

A key component of semiconductor manufacturing equipment, automated test equipment (ATE) is vital for ensuing product quality. Testing and evaluation of semiconductor components are critical processes in the semiconductor industry. Semiconductor devices/components are a part of larger and more complex electronic equipment and therefore play an instrumental role in influencing the reliability of the end product. Reliability of semiconductors in microelectronic devices is therefore important and of late there is growing focus on reducing defects resulting from manufacturing aberrations and extending the estimated useful life of the component. With electronics getting sophisticated by the year, semiconductor testing is evolving into a complex task creating the need for faster, smarter and automated testing solutions. Advanced semiconductor technologies like application-specific high density Printed Circuit Boards (PCBs) in addition to being cutting-edge are also complex in terms of their circuit board designs and chip functionality, thus requiring ATEs with built-in automated testing features.

Semiconductor chips today impact every facet of human life and technology developments in this sector determine the level of sophistication of transportation, communication, entertainment, healthcare and weaponry used in military and defence, among others. The semiconductor industry has, over the decades, become an indispensable part of modern electronics with almost every man-made electronic device now being integrated with an embedded microchip or integrated circuit (IC). The immortal significance of semiconductors is further strengthened by the digital disruption trend. Surviving the digital disruption is the compelling new reality for industries across the globe. The Internet, Web 2.0, robotics, artificial intelligence, Internet of Things, and big data analytics are changing the flavor of modern industries. Digital transformation of industries and companies is inevitable in the emerging digital economy. The world is currently entering the third wave of digital disruption supported by underlying forces such as long-term falling costs of computing, communications, and storage. Ubiquitous sensing, ubiquitous connectivity, and convergent data are accelerating the velocity of disruption. As industries go digital, electronics will play an even more vital role in the creation of value. In the coming years, the flow of data and information is poised to generate economic value higher than the global trade of goods. The imminent mass adoption of digital technologies will amplify the commercial opportunity in semiconductor manufacturing as the computational muscle required to power the digital age will be provided by the semiconductor industry.

As stated by the new market research report on Semiconductor Automated Test Equipment (ATE), Taiwan represents the largest and the fastest growing independent regional market worldwide with annual spending on semiconductor ATE waxing at a CAGR of 3.3% over the analysis period. Growth in the market is primarily led by huge electronics and semiconductor manufacturing industry established in the country over the years.  

Major players in the market include Advantest Corporation, Cobham Plc, Lorlin Test Systems, Inc., Astronics Test Systems, Inc., Chroma ATE Inc., CREA (Collaudi Elettronici Automatizzati S.r.l.), LTX-Credence Corporation, Marvin Test Solutions, Inc., National Instruments Corporation, Roos Instruments, Inc., STAr Technologies, Inc., and Teradyne, Inc.,  among others.

The research report titled “Semiconductor Automated Test Equipment (ATE): A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies.  The report provides market estimates and projections for all major geographic markets such as the US, Japan, Europe, China, South Korea, Taiwan and Rest of World. By application, the global market is analyzed by segments - Consumer Electronics, Telecom & IT, and Others. The global market is also analyzed by Component – Contactors, Testers, and Others.

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