Market Overview
In 2019, the global automated test equipment market was valued at USD 4,471.7 million. It is anticipated to reach USD 33,776.9 million in 2034, with a compound annual growth rate (CAGR) of 14.97%. This research on the global automated test equipment market offers comprehensive insights into the competitive landscape, market size, industry trends and dynamics, and growth opportunities.

It is anticipated that the global automated test equipment market will experience substantial growth opportunities in the years ahead, as companies are investing millions of dollars in research and development and testing. The market for automated test equipment is anticipated to expand as the demand for products such as ICs and circuit boards increases and various industries employ these products in their final products. Automatic test equipment (ATE) or automated test equipment (ATE) is computer-controlled equipment that evaluates the functionality and efficacy of electronic devices. Also, stress testing can be conducted with minimal human interaction with the assistance of automated test equipment. The test results are collected and analyzed by the main components of ATE: hardware, sensors, and software. The increasing adoption of consumer electronics devices and technological advancements in telecommunication and networking are the primary factors contributing to market growth. The adoption of automated test equipment has been substantially elevated because of the 5G network’s widespread deployment in numerous regions.


Market Segmentation

  • The automated test equipment market is categorized in this research report by component, type, application, and region/country.
  • The industrial PC, mass interconnect, Prober, handler, and semiconductor markets have been segmented according to their respective components.
  • The global automated test equipment market has been separated into three categories: non-memory ATE, memory ATE, and discrete ATE. This segmentation is based on type.
  • The market is segmented into consumer electronics, automotive, aerospace & defense, telecommunication, and others based on application.
  • North America, Europe, Asia-Pacific, and the remainder of the globe comprise the study’s regions. Due to the rapid adoption of digital technology, the growing semiconductor industry, and the increasing investments in the aerospace and defense industry, it is expected that North America will continue to dominate the automated test equipment market.

Major Players
Chroma ATE Inc, Cobham PLC, Astronics Test Systems, Agilent Technologies, Teradyne Inc, Advantest Corporation, LTX-Credence Corporation, Roos Instrument Inc, National Instruments Corporation, Marvin Test Solutions Inc, and Advance Integration LLC are the primary vendors profiled in the global automated test equipment market.