Automated Test Equipment Market to Reach USD 4.7 Bn by 2023, States KBV Research in Its Report Available at MarketPublishers.com
09 Jan 2018 • by Natalie Aster
LONDON – Worldwide, the value of the automated test equipment sector is forecast to amount to USD 4.7 billion by end-2023, registering a 4.9% CAGR in the offing. The market’s growth is ignited by the adoption of this equipment in the automobile and semiconductor industry. The number of connected devices has grown considerably over recent years. The renewed emphasis on enhancing the quality alongside end-to-end test solutions acts as the major factor giving a boost to the automated test equipment market’s growth. The uptake of automatic test equipment by semiconductor manufacturers is projected to contribute to an upsurge in performance, operating efficiency, and hence lead to the decreased cost of the semiconductor devices.
STAr Technologies, Chroma ATE, Cobham (Aeroflex), Advantest Corporation, Xcerra Corporation, Teradyne, Aemulus Holdings, Danaher Corporation, Astronics Corporation, and Tesec Corporation, amid others, are the leading players in the marketplace.
Insightful research report “Global Automated Test Equipment Market Analysis (2017-2023)” elaborated by KBV Research offers a granular, true evaluation of the market on a global level.
The study gives an unbiased, all-encompassing overview of the market, sheds light on the market driving and restraining factors. It also presents a detailed breakdown of the market by product and end-user sector. A detailed market analysis by region is also provided. The report pinpoints the major industry development trends, and identifies and examines major market opportunities and challenges. The study gives a shrewd examination of the competitive scene and includes granular profiles of the 10 leading players. It includes granular forecasts for the market growth trajectory until 2023. The study touches upon the sector’s historical development and takes a look at the present-day market scenario. Besides, the publication provides comprehensive forecasts of the automated test equipment marketplace up till 2023.
A complete collection of the publisher’s research publications can be found in the KBV Research online catalogue at MarketPublishers.com.