Market Analysis and Insights: Semiconductor Automated Test Equipment Market
Global Semiconductor Automated Test Equipment Market By Type (Wafer ATE, Packaged Device ATE), System Type (Analog, Digital, Mixed Signal, SoC, LCD Driver, Memory), Product Type (Memory, Non-Memory, Discrete, Others), Components (Contractors, Testers, Others), Application (Automotive Electronics, Consumer Electronics, Telecom & IT, Industrial, Medical, Military & Defence, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
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Global semiconductor automated test equipment market is expected to rise to an estimated value of USD 4.36 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the surge of automation due to the technological advancements of IoT in the various applicable end-users.
Market Definition: Global Semiconductor Automated Test Equipment Market
Semiconductor automated test equipment are electronic devices that are designed to detect and diagnose the various semiconductor components that are currently under development. These testing equipments are used to optimize the efficiency by evaluating the operational capability of the devices.
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Market Drivers:
- Rapid application of semiconductor devices in the various end-users is expected to drive the growth of the market
- Industrial innovations and advancements in the market resulting in greater utilization of semiconductor devices is expected to foster growth of the market
Market Restraints:
- Large costs associated with the testing equipment devices is expected to hamper the growth of the market
- Lack of awareness and technically skilled professionals from the developing regions is expected to act as a restraint to the growth of the market
Segmentation: Global Semiconductor Automated Test Equipment Market
- By Type
- Wafer Automated Test Equipment (ATE)
- Packaged Device Automated Test Equipment (ATE)
By System Type
- Analog
- Digital
- Mixed Signal
- System-on-a-Chip (SoC)
- Liquid Crystal Display (LCD) Driver
- Memory
By Product Type
- Memory
- Non-Memory
- Discrete
- Others
By Components
- Contractors
- Testers
- Others
By Application
- Automotive Electronics
- Consumer Electronics
- Telecom & IT
- Industrial
- Medical
- Military & Defence
- Others
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By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- U.K.
- France
- Spain
- Netherlands
- Belgium
- Switzerland
- Turkey
- Russia
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Malaysia
- Thailand
- Indonesia
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Egypt
- Israel
- Rest of Middle East and Africa
Key Developments in the Market:
- In January 2019, Teradyne Inc. announced that they had acquired Lemsys SA, leader of testing equipment for high power discrete industries in the semiconductor testing application. This acquisition will enable Teradyne to promote more innovations and advance their product offerings to complement their customer-centric approach.
- In July 2018, Emerson Electric Co. announced that they had completed the acquisition of “Tools & Test” operations of Textron for approximately USD 810 million. This division will be integrated with Emerson’s “Ridge Tool” operations establishing it as a leader of testing tools and equipments for the various industry verticals. This acquisition will help in expansion of current portfolio of Ridge Tool along with the expansion of geographical servicing locations.
Competitive Analysis
Global semiconductor automated test equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of semiconductor automated test equipment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Major Market Competitors/Players
Few of the major competitors currently working in the global semiconductor automated test equipment market are Accord Global Technology Solutions Private Limited; ADVANTEST CORPORATION; Astronics Corporation; CHROMA ATE INC.; Cobham plc; Lorlin Test Systems; Cohu, Inc; Teradyne Inc.; Chroma Systems Solutions, Inc.; SPEA S.p.A.; Averna; Shibasoku Co.,Ltd.; Hangzhou ChangChuan Technology Co.,Ltd.; Crea srl; Marvin Test Solutions, Inc.; National Instruments; Roos Instruments; STAr Technologies Inc.; ABB; Emerson Electric Co.; Yokogawa Electric Corporation; Schneider Electric; KROHNE Ltd and Kessler-Ellis Products, Co. among others.
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