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Automated Test Equipment Market Share
- Report ID: GMI146
- Published Date: Mar 2023
- Report Format: PDF
Automated Test Equipment Market Share
Several leading firms operating in the automated test equipment business scenario include :
- Teradyne Inc.
- Anritsu Co.
- Tokyo Electron Limited
- Chroma ATE Inc.
- Advantest Corporation
- Keysight Technologies
- Cohu Inc.
- OMRON Corporation
- and SPEA S.p.A.
These companies are focusing on developing innovative solutions to achieve a viable edge in the industry. For instance, in October 2022, automated test solutions provider, Averna partnered with Physik Instrument, a leading manufacturer of high-precision motion technology, to address the rising demand for flexible & scalable test equipment.
Frequently Asked Questions (FAQ) :
The market size of automated test equipment (ATE) exceeded USD 8.5 billion in 2022 and is anticipated to witness 10% CAGR from 2023 to 2032 due to the soaring focus on vehicle electrification worldwide.
The ICT sector accounted for more than 25% ATE market share in 2022 and is projected to expand considerably through 2032 as a result of the increased usage of computing devices in manufacturing industries.
The Europe automated test equipment industry is projected to record robust growth of nearly 5% during 2023 and 2032 owing to the growing popularity of wearable healthcare devices.
The business scenario consists of Teradyne Inc., Anritsu Co., Tokyo Electron Limited, Chroma ATE Inc., Advantest Corporation, Keysight Technologies, Cohu Inc., OMRON Corporation, SPEA S.p.A., and other companies.
Automated Test Equipment Market Scope
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