The global Automated Test Equipment (ATE) (ATE) market size was USD 7.4 Billion in 2022 and is expected to register a revenue CAGR of 3% over the forecast period, according to the latest report by Reports and Data.
One of the key drivers propelling the market's revenue growth is the rising demand for consumer electronics and wireless communication devices including smartphones, laptops, tablets, and other portable devices. As the use of these devices rises, manufacturers are under pressure to maintain the quality and dependability of their goods. This has increased the requirement for effective electronic system testing and diagnostics and increased demand for ATE.
Automated Test Equipment (ATE) (ATE) is a type of electronic testing equipment that is designed to perform a range of automated tests on electronic devices or systems. These tests are conducted to determine the functionality, reliability, and performance of electronic components, systems, and devices.
ATE systems are used across a range of industries, including automotive, aerospace, telecommunications, and consumer electronics. They are used to test a variety of electronic devices, such as microprocessors, memory devices, analog and digital circuits, power devices, and wireless communication devices.
The main components of an ATE system include a tester, a handler, and a prober. The tester is the main unit of the ATE system and is responsible for performing the automated tests. The handler is responsible for loading and unloading devices or components from the tester, and the prober is responsible for making physical contact with the device being tested.
ATE systems can be either standalone or integrated into a larger production line. Standalone ATE systems are used for testing individual devices or components, while integrated ATE systems are used for testing devices or components as part of a larger manufacturing process.
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Top 10 Companies Operating in the Global Keyword Market:
Keysight Technologies Inc., Teradyne Inc., Advantest Corporation, Chroma ATE Inc., National Instruments Corporation, Astronics Corporation, Roos Instruments, Inc., Star Technologies, Inc., Xcerra Corporation, and SPEA S.p.A.
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The global market is further segmented into type and application:
Product Outlook (Revenue, USD Billion; 2022 - 2032)
- Non-Memory ATE
- Memory ATE
- Discrete ATE
Vertical Outlook (Revenue, USD Billion; 2022 - 2032)
- Automotive
- Consumer
- Aerospace Defence
- IT Telecommunications
- Others
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Some Key Highlights from the Report
- In 2022, the non-memory ATE segment held the greatest market share. Non-memory ATEs are widely employed in the testing of a wide range of electronic devices, including microprocessors, system-on-chips, and integrated circuits used in consumer electronics, automotive, aerospace, defence, and medical equipment. Consumer electronics such as smartphones, tablets, laptop computers, and other connected gadgets are likely to fuel demand for non-memory ATEs.
- Over the forecasted duration, the automotive segment is expected to dominate in terms of revenue, primarily due to the rising use of Advanced Driver Assistance Systems (ADAS) and the growing demand for electric and hybrid cars. Furthermore, the emphasis on ensuring the safety and reliability of automotive components is fueling the demand for Automated Test Equipment (ATE) (ATE) systems in this sector.
- North America is projected to have the largest revenue share in the market due to the presence of major industry players such as National Instruments Company, Teradyne Inc., and Advantest Corporation. Additionally, revenue growth in the market attributed to the presence of large production facilities and increased demand for electronic components across a variety of sectors.
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