The Global Semiconductor Automated Test Equipment (ATE) Market is Projected to Reach US$4.2 Billion by 2024

Smart Devices to Drive the Global Market for Semiconductor Automated Test Equipment, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market size, share and demand forecasts on the global Semiconductor Automated Test Equipment (ATE) market. The global Semiconductor Automated Test Equipment (ATE) market is projected to reach US$4.2 billion by 2024, driven by rising adoption of smart devices, as well as increasing electronic content in automobiles.

A key component of semiconductor manufacturing equipment, Automated Test Equipment (ATE) is vital for ensuing product quality. Following the evolution of complex electronics, semiconductor testing is evolving into a complex task creating the need for faster, smarter and automated testing solutions. ATE include customized software that communicates with the Device under Test (DUT) automatically performs tests for all parameters listed on the DUT datasheet within the space of a few seconds. Semiconductor ATE helps in simplifying the task of testing complex semiconductor devices. ATE helps in quickly measuring and evaluating devices under test (DUTs) immediately after their production, so as to validate perform levels, identify faults if any for rectification, before final shipment. ATE primarily finds application for testing a range of electronic components including testing electronic components and systems used in electronic manufacturing industry, avionics in commercial and military aircraft, electronic modules in automobiles, communications equipment in telecom sector, and electronic systems in military applications such as radar and wireless communication equipment.

Primary end-users of semiconductor ATE are semiconductor product producers, contract assemblers, test houses and foundries. Demand for test equipment correlates closely with capital expenditure levels of semiconductor manufacturers. Given that electronics production drives the semiconductor industry, market fortunes of semiconductor manufacturing equipment including semiconductor ATE is influenced by the health of electronics production activity. 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). ICs have become essential components in almost all modern electronic devices being manufactured, including communication devices such as mobile phones, tablets, and other portable Internet-enabled devices; consumer electronic devices such as TVs, PCs, laptops, music players, and digital cameras; avionics in commercial and military aircraft; electronic and communication systems used in military and defense sector, and electronic modules in automobiles. Fortunes in this industry are closely tied to industrial electronics, automotive electronics, consumer electronics, wireless communications, wired communications and data processing technologies.

As stated by the new market research report on Semiconductor Automated Test Equipment, Taiwan represents the largest market worldwide, followed by South Korea and China. China is forecast to witness the fastest growth among all regions, with a CAGR of 5% over the analysis period. Telecom & IT application represents the largest segment for ATE, while Consumer Electronics application is forecast to be the fastest growing segment owing to the increasing adoption of electronic devices, especially smart devices across the world. Non-Memory ATE represents the largest as well as the fastest growing product segment, while Testers represent the largest as well as the fastest growing segment within components.

Key players in the market include Advantest Corporation, Astronics Test Systems Inc., Chroma ATE Inc., Cobham plc, CREA, Lorlin Test Systems Inc., LTX-Credence Corporation, Marvin Test Solutions Inc., National Instruments Corporation, Roos Instruments Inc., STAr Technologies Inc., Tektronix 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, growth drivers, innovations and launches, and strategic industry activities of major companies worldwide. The report provides market estimates and projections in dollars for all major geographic markets including the US, Japan, Europe, China, India, South Korea, Taiwan, and Rest of World. Applications analyzed in the report include Consumer Electronics, Telecom & IT, and Others. In addition the report provides analysis by product type (Memory, Non-Memory, and Discrete), and by component (Contactors, Testers, and Others) for the global market.

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