Capturing the Growth Potential: Global Automated Test Equipment Market Overview and Trends

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MarketsandMarkets Presents
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 sudden
outbreak and widespread of the COVID-19 pandemic
have affected the market growth, and the trend is
expected to continue till the disrupted supply
chains across the globe normalize. During the
last few months of 2020, the semiconductor
industry witnessed a shortage in supply owing to
the shutdown of manufacturing units and the
slowdown of logistics activities. However, swift
recovery is expected in the post-pandemic period
due to increase in semiconductor fabrication
processes.
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MarketsandMarkets Presents
Printed Circuit Board Testing to witness the
highest CAGR during the forecast period. A
printed circuit board (PCB) is a basic component
of any electronic circuit. The growing use of
surface-mount components combined with multiple
layers has increased the complexity of PCBs. As
the applications of PCBs are endless, the common
requirement that all PCBs are expected to meet is
to function correctly according to the project
specifications. Download PDF Brochure _at_
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MarketsandMarkets Presents
Printed Circuit Board Testing to witness the
highest CAGR during the forecast period. As the
semiconductor fabrication technology is
advancing, electronic circuits now include
hundreds of components with multiple welds and
interconnects. With increase in complexity,
demand for PCB is also increasing and expected to
grow with the highest CAGR during the forecast
period.
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MarketsandMarkets Presents
Industrial PCs is expected to have the largest
market size during the forecast period Industrial
PCs have dominated this market. An industrial PC
in an ATE system acts as a controller. Industrial
PCs are designed in such a way that they can be
used in a rugged industrial environment. These
PCs are installed in a rugged rack mounting
enclosure, thereby reducing the required wiring.
They are used to control machinery and other
controllable electrical systems and, therefore,
possess high resistance to vibration, noise,
temperature, and dust. Speak to Analyst _at_
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MarketsandMarkets Presents
Semiconductor Fabrication to have the largest
market size during the forecast period. In
recent years, the growing demand for
semiconductors has led front-end semiconductor
fabrication facilities, or fabs, to run above 80
capacity utilization, with some fabs running as
high as 90100. However, as semiconductors are
extremely complicated to fabricate, increasing
the semiconductor capacity utilization takes
time. The semiconductors industry is
significantly increasing fab capacity utilization
to meet the increased demand caused by the
current global chip shortage.
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MarketsandMarkets Presents
China to grow with the highest CAGR in APAC
region during the forecast period China to grow
with highest CAGR in APAC region. It is
considered the global manufacturing hub for
various industries, such as electronics,
semiconductors, and automotive. It is one of the
fastest-growing economies in the world. China,
during the pandemic, has also developed and
designed a range of medical devices during
critical times. This allowed it to prove its
credibility to ensure production in tough times
and meet the global demand. Additionally, the
country is also the worlds fastest-growing
consumer market that directly competes with the
US and a few countries in Western Europe.
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MarketsandMarkets Presents
Key Players Advantest Corporation (Japan),
Teradyne (US), National Instruments (US), Chroma
ATE (Taiwan), Astronics Corporation (US), STAr
Technologies (Taiwan), Roos Instruments (US),
Marvin Test Solutions (US), Cohu (US), and OMRON
Corporation (Japan), TESEC Corporation(Japan),
Danaher(US), ESPEC North America(US), JTAG
Technologies(Netherlands), Vaunix(US), JFW
Industries(US), Aemulus(Malaysia),
Festo(Germany), Nikon Metrology(Belgium), Carl
Zeiss AG (Germany), Viscom AG(Germany), Keysight
Technologies(US), Artiflex Engineering(South
Africa), etc. Browse For More Details -
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utomated-test-equipment-market-237275050.html
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