Your Catalyst To a Lucrative Business Automated Test Equipment Market Analysis, Size, Share, Growth, Industry Trends and Forecasts to 2024 | Hexa Research " The global automated test equipment market is expected to witness substantial growth by 2024 on account of the increasing complex designs and need for effectual testing." The global Automated Test Equipment Market is anticipated to grow beyond USD 4.4 billion by 2024. The growing demands for consumer electronics are projected to drive the global market during the forecast period (from 2016 to 2024). Moreover, the needs for effective testing and rising design complexity are also expected to boost the demand during the next few years. Increased electronic devices in automobile and smartphones penetration are also said to positively impact the overall market. The automated test equipment market is categorized as applications, products, and regions. The IT & telecommunication occupied over 50 % of the overall market in 2015 due to the proliferation of smartphones tablets, computers, etc. in the market along with the growing importance of effective communication. The automotive sector is likely to exhibit a considerable growth due to rising integr ation of advanced electronic devices in vehicles. The products sector of the automated test equipment market comprises discrete, memory, and non-memory. The non-memory product sector led the market in 2015 and occupied over 75 % of the total market share. The discrete product sector is generally developed in-house as companies avoid investing in costly test tools for low-cost discrete component testing. The sector is anticipated to experience a huge growth in future. Browse Details of Report @ https://www.hexaresearch.com/research-report/automated-test-equipmentmarket/ Follow Us: Your Catalyst To a Lucrative Business Geographically, the APAC market for automated test equipment led the global market in 2015 occupying over 70 % of the total revenue. The region is further anticipated to continue dominating the global industry over the forecast period. This can be attributed to the rapid technological improvements and the presence of several semiconductor industries in the region. The demands in the European market are characterized by reducing semiconductor consumption as well as reducing expenditure levels of the manufacturers. The rest of the world is said to experience a significant growth over the next few years. Some of the major companies operating in the global automated test equipment market include Advantest Corp.; LTX-Credence Corp.; and Teradyne Inc. The companies are striving towards cost-effectiveness in the manufacturing process of these devices. The development of fresh instrumentation and improving test platforms along with sustaining a close relationship with consumers are projected to be the major growth strategies. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/automotiveand-transportation-industry Follow Us: Your Catalyst To a Lucrative Business Table of Content of Automated Test Equipment (ATE) Market Table of Contents Chapter 1 Methodology and Scope 1.1 Research Methodology 1.1.1 Initial data exploration 1.1.2 Statistical modeling and forecast 1.1.3 Industry insights and validation 1.2 List of Data Sources Chapter 2 Executive Summary 2.1 ATE market snapshot, 2015 - 2023 Chapter 3 ATE Industry Insights 3.1 Market segmentation 3.2 Market size and growth prospects 3.3 Value chain analysis 3.4 Market dynamics 3.4.1 Key growth drivers 3.4.2 Industry pitfalls & challenges 3.5 Key growth opportunities 3.6 Porter’s analysis 3.7 ATE company market share analysis, 2015 3.8 PESTEL Analysis Chapter 4 ATE Product Insights 4.1 Memory ATE 4.1.1 Global memory ATE demand by region, 2016 - 2024 (USD Million) 4.2 Non-memory ATE 4.2.1 Global non-memory ATE demand by region, 2016 - 2024 (USD Million) 4.3 Discrete ATE 4.3.1 Global discrete ATE demand by region, 2016 - 2024 (USD Million) Chapter 5 ATE Application Insights 5.1 Automotive 5.1.1 Global demand in automotive, by region, 2016 - 2024 (USD Million) 5.2 Consumer 5.2.1 Global demand in consumer applications, by region, 2016 - 2024 (USD Million) 5.3 Defense Follow Us: Your Catalyst To a Lucrative Business 5.3.1 Global demand in defense, by region, 2016 - 2024 (USD Million) 5.4 Telecommunication & IT 5.4.1 Global demand in IT & telecommunication, by region, 2016 - 2024 (USD Million) 5.5 Others 5.5.1 Global demand in other applications, by region, 2016 - 2024 (USD Million) Chapter 6 ATE Regional Insights 6.1 North America 6.1.1 North America ATE market by product, 2016 - 2024 (USD Million) 6.1.2 North America ATE market by application, 2016 - 2024 (USD Million) 6.2 Europe 6.2.1 Europe ATE market by product, 2016 - 2024 (USD Million) 6.2.2 Europe ATE market by application, 2016 - 2024 (USD Million) 6.3 Asia Pacific 6.3.1 Asia Pacific ATE market by product, 2016 - 2024 (USD Million) 6.3.2 Asia Pacific ATE market by application, 2016 - 2024 (USD Million) 6.4 Latin America 6.4.1 Latin America ATE market by product, 2016 - 2024 (USD Million) 6.4.2 Latin America ATE market by application, 2016 - 2024 (USD Million) 6.5 MEA 6.5.1 MEA ATE market by product, 2016 - 2024 (USD Million) 6.5.2 MEA ATE market by application, 2016 - 2024 (USD Million) Chapter 7 Competitive Insights 7.1 Advantest Corp 7.2 Advint LLC 7.3 Aeroflex Inc 7.4 Agilent Technologies Inc 7.5 Anritsu Co 7.6 Cal-Bay Systems 7.7 LTX-Credence Corp 7.8 National Instruments Corp 7.9 Rohde & Schwarz GmbH & Co. KG 7.10 SPEA S.p.A 7.11 Teradyne Inc Follow Us: Your Catalyst To a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: [email protected] Website - http://www.hexaresearch.com/ Visit our Blog: hexaresearch1.blogspot.com Follow Us:

The global automated test equipment market is expected to witness substantial growth over the forecast period on account of the increasing complex designs and need for effectual testing.