ATE Market in consumer electronics to reach USD 1.30 billion by 2022

The market research report "Automated Test Equipment (ATE) Market Size By Application (Defense, Automotive, Telecommunication & IT, Consumer), By Product (Non-memory, Memory, Discrete), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2015 – 2022". Automated test equipment market share forecast to grow at 2.6% CAGR from 2015 to 2022.

Automated test equipment (ATE) market will grow noticeably over the coming five years, owing to its ability to test with low degree of human interference along with reduced costs and enhanced product quality. Rapid technological innovation coupled with the escalating requirement for qualitative and effective testing will influence the industry growth.

Request for a sample of this research report @ https://www.fractovia.org/request-sample/307

According to Global Market Insights, Inc., "Worldwide automated test equipment (ATE) market is predicted to collect a revenue of USD 4.46 billion by 2022." The surging deployment of electronic devices in the vehicles along with the rise in the demand for smartphones will also fuel ATE industry size. In addition to this, rising popularity of consumer electronics along with device miniaturization is expected to spur market expansion.

Taking into account the product trends, the industry is segmented into memory, non-memory, and discrete ATE. Non-memory automated test equipment industry, worth USD 2.5 billion in 2014, is predicted to register an annual growth rate of 2.8% over the period of 2015 to 2022, owing to its increasing demand from automotive sector along with rising microcontroller-based applications.

The prominent application areas of the automated test equipment industry are automotive, defense, consumer electronics, and telecommunication & IT. Automotive application will witness a noticeable growth over the coming timeframe, owing to the implementation of advanced electronics systems such as vehicle infotainment and ADAS.

Consumer electronics will contribute considerably toward ATE industry share by accounting for a revenue of more than USD 1.30 billion by 2022. The growth can be attributed to the increasing adoption of the electronic devices such as computers, tablets, and smartphones.

Browse key industry insights spread across 110 pages with 31 market data tables & 29 figures & charts from the report, "Automated Test Equipment (ATE)" in detail along with the table of contents:

https://www.fractovia.org/news/industry-research-report/automated-test-equipment-ate-market

Geographically, the highlights of automated test equipment market are as follows

• North America automated test equipment industry accounted for more than 14% of the total market share in 2014 and will exhibit a considerable growth over the coming years. Rising development across the sectors such as defense and telecommunication will boost the regional demand. U.S. is estimated to be the major revenue pocket.
• Asia Pacific automated test equipment market is anticipated to collect a revenue of more than USD 3.30 billion by 2022. Expanding semiconductor industry across APAC will boost the regional demand. In addition, swift technological innovations along with the changing consumer requirements will stimulate automated test equipment industry size noticeably.

The noteworthy participants in automated test equipment market are Advantest, Teradyne, Xcerra Corporation (LTX-Credence), National Instruments Corporation, Agilent Technologies, Aeroflex Inc., Cal-Bay Systems Inc., and Anritsu Corporation.

Make an inquiry for buying this report @ https://www.fractovia.org/request-purchase/307

Table of Content of Automated Test Equipment Market:

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 Data Sources

Chapter 2 Executive Summary

2.1 ATE industry 360° synopsis, 2012 - 2022

Chapter 3 ATE Industry Insights

3.1 Industry Segmentation

3.2 Industry Size and forecast

3.3 Industry ecosystem analysis

3.4 Industry Impact forces

3.4.1 Growth drivers

3.4.2 Industry pitfalls & challenges

3.5 Growth potential analysis

3.6 Porter’s analysis

3.7 ATE company market share analysis, 2014

3.8 PESTEL Analysis

About Fractovia.org

Fractovia.org is one of India's leading in-house and free news portal. It is fully automated, and operates on a constant premise, interfacing with news sites and offering redesigned breaking features to readers across the globe. Our mission is to offer individuals opportunities for connections with news writers and distributors which they can pursue. We operate by mapping articles pertaining to breaking news, constantly and progressively, against a pre-determined word-based theme, offering important connections to readers and clients, as well as distributers.

Contact Us:

Arun Hegde

Corporate Sales, USA

Fractovia.org

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@fractovia.org

Website: https://www.fractovia.org

Connect with us: Facebook | Twitter

Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to ma