1 / 3
KUNTAL.ORG
2 / 3
KUNTAL.ORG
3 / 3
KUNTAL.ORG

Automated Test Equipment Market Growth, Size, Statistics, Opportunities & Forecast 2027

The Automated Test Equipment Market is expected to grow from USD 7.0 billion in 2022 to USD 8.8 billion by 2027; it is expected to grow at a CAGR of 4.7 % during the forecast period. The growth of the Automated Test Equipment Market is expected as automated test equipment process reduces manufacturing time and costs and has huge opportunity in automotive sector.

Major Players in the Automated Test Equipment Market have primarily adopted acquisition and collaboration strategies to strengthen their position in the market.

In January 2022, Chroma ATE acquired 100 percent of the shares of Environmental Stress Systems, Inc. (ESS). The main product of ESS consists of thermal forcing systems that can reach temperatures ranging from 104°C to +175°C. This technology will enable Chroma ATE to grow its expertise in temperature control in semiconductor test equipment and meet the testing requirements of the wafer market for extremely low and high temperatures.

In September 2021, National Instruments announced its collaboration with EA Elektro-Automatik (EA) GmbH & Co. KG, Germany’s leading manufacturer of laboratory power supplies, high-performance power supplies, and electronic loads, to offer bidirectional power supplies that support battery cycling and power-level test for electric vehicles (EVs).

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=237275050

Advantest Corporation (Japan), Teradyne (US), are major players in Automated Test Equipment Market.

Advantest Corporation (Japan)

Advantest Corporation is a manufacturer of measurement technologies in the electronics and semiconductor industries. The company develops, designs, manufactures, and markets different types of semiconductor test equipment. It is among the leading providers of system-level testing, data analytics, and other related solutions in the semiconductor domain. The company operates through three business segments: Semiconductor & Component Test Systems, which accounts for the majority of its sales; Mechatronics Systems, which handles peripheral equipment for test systems; and Services & Others, which mainly focuses on customer support and system-level test. The company provides test solutions by integrating its test systems with peripherals such as device interfaces and test handlers.

Teradyne (US)

Teradyne is a global provider of products and automation equipment for test and industrial applications. The company specializes in designing, developing, manufacturing, and selling automatic test systems used to test semiconductors, wireless products, data storage, and complex electronics systems in several industries, including consumer electronics, wireless, automotive, industrial, computing, communications, and aerospace & defense. The company operates through four reportable segments: Semiconductor Test, System Test, Wireless Test, and Industrial Automation.

Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/automated-test-equipment-market-237275050.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Visit Our Website: https://www.marketsandmarkets.com

Advertisement