Asia-Pacific Automated Test Equipment Market - By Component (Industrial PC, Mass Interconnect Devices, Probes), Testing (Memory Chip Testing, Mixed Signal Testing), Ondustry, Geography, Trends, Forecast - (2017 - 2022)
The Asia Pacific Automated Test Equipment market is valued at USD XX.XX billion in 2016 and is expected to reach a value of USD XX.XX billion by the end of 2022, growing at a projected CAGR of XX.XX% during the forecast period of 2017 – 2022. Automatic test equipment technology has evolved significantly over the years, from dedicated sequencers to mini-computers, and now to personal computers, powerful in processing and memory capabilities, using commercial operating systems and standard languages. This was to match the pace of diagnostic test required in advancing information technology and electronic industries. Growth and innovation in the industry will continue, fuelled by significant developments in computing, software and instrumentation technology. Asia-Pacific holds the largest semiconductor market. The market in this region will continue to grow at a robust rate and will be the fastest growing region. China accounts for the largest semiconductor consumption in the world and will continue to contribute as the growth engine as the government plans to promote growth by providing research grants and anti-monopoly laws. Taiwan, Japan, South Korea and India also show an optimistic future. This growth in semiconductor and electronic manufacturing industry will drive growth in automated test equipment market. ATE are computer-controlled and they test electronic devices for its functionality and performance. It uses control hardware, various types of sensors and software to perform, record and analyze the Device Under Test (DUT). Tests that these equipment conducts can be both very complex (such as wafer testing for semiconductor device fabrication or for integrated circuits) and simple (such as volt-ohm meters or a digital multimeter that measure resistance and voltage) based on the automated test equipment. The report analyzes the market based on the type of test equipment segregated by the end-user industry. Detailed market shares are given and forecasts for the period 2016 - 2021 for each region are estimated. The major companies in the market like Teradyne, LTX-Credence, Advantest, Aeroflex, Advint, Cal-Bay Systems, SPEA, Rohde & Schwarz GmbH, among others are studied and their strategies are analyzed. Recent developments and their impact on the market are also analyzed. DRIVERS Growth in sales of consumer electronics Need for effective testing methods New technologies being developed which requires testing before final use RESTRAINTS Depends heavily on semiconductor industry which is cyclic High costs associated with testing Key Deliverables in the Study Market analysis for the Asia-Pacific automated test equipment market, with region-specific assessments and competition analysis on a global and regional scale. Market definition along with the identification of key drivers and restraints. Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale. Extensively researched competitive landscape section with profiles of major companies along with their market share. Identification and analysis of the macro and micro factors that affect the Asia-Pacific automated test equipment market on both global and regional scale. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market. Insights into the major countries/regions where this industry is growing and also identify the regions that are still untapped.