Automated Test Equipment Market to Showcase Robust Growth By Forecast to 2030
The Automated Test Equipment Market: An Overview
The automated test equipment (ATE) market refers to the industry that provides systems designed to perform automated tests on electronic devices and components. ATE systems are used across the product lifecycle from design verification to production testing. The Automated Test Equipment market industry is projected to grow from USD 7.2 Billion in 2023 to USD 9.3 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.50% during the forecast period (2023-2030).
Key ATE market segments include:
Product types - Memory testers, logic testers, parametric testers, mixed-signal testers, burn-in testers, device interface testers, and others.
Components - Industrial PCs, probers/handlers, pin electronics, tester interfaces, and software/services.
End-user industries โ Aerospace and defense, consumer electronics, automotive, healthcare, IT and telecommunications, and industrial.
Geographical regions โ North America, APAC, Europe, and Rest of World.
Leading Companies in the ATE Market
Teradyne - A leading supplier of semiconductor test systems and industrial automation solutions. Key ATE products include the J750 family of testers.
Advantest - Major provider of test systems for memory, SoC, and a wide range of devices. Flagship products include the T5830 memory tester.
Cohu - Offers test handling equipment, thermal subsystems, and integrated ATE for semiconductor and electronics manufacturers.
Astronics - Provides automated test systems and instruments for aerospace, defense, and other industries through its ATS division.
Chroma ATE - Leading ATE solutions provider for passive component, power amplifier, and power supply testing applications.
Market Drivers for ATE Solutions
Growth of IoT and 5G - The rising complexity of IoT and wireless devices requires scalable mixed-signal testing capacity.
Shift to outsourced testing - Fabless semiconductor companies are increasingly outsourcing production testing to cut costs. This stimulates ATE demand.
Electric and autonomous vehicle adoption - Automotive chip testing needs are expanding for ADAS, infotainment, and electric powertrain components.
Advances in AI, ML, analytics - ATE systems leverage AI-based algorithms, predictive analytics, and big data to optimize device testing and improve yields.
Growth in defense electronics - Military modernization programs globally increase testing requirements for avionics, radars, communications, etc.
Browse In-depth Market Research Report (90 Pages, Charts, Tables, Figures) on Automated Test Equipment Market
Key Regional Insights
Asia Pacific accounts for the largest ATE market share due to high volume semiconductor and electronics manufacturing in the region. North America and Europe are also significant, driven by aerospace/defense and auto electronics testing demand.
Industry Latest News
Teradyne acquired AutoGuide Mobile Robots in January 2022, expanding industrial automation capabilities.
Advantest launched three new SoC test platforms - the T6500, T2000, and T5508 - in 2022.
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