Automated Test Equipment Market with Current Trends Analysis, 2017-2022

The Automated Test Equipment Market statistical report, published by Market Research Future contains succinct information on the automated test equipment market, segmented by applications as Consumer Electronics, Automotive, Aerospace & Defense, Telecommunication, and others & forecast from 2016-2022. The various factors driving the ATE Market are Initiative by governments to increase the adoption of BIM, increase in productivity and efficiency, and improved quality and integration.

 

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Automated test equipment market size is rapidly growing due to increasing adoption of System of Chip (SoC) and demand for consumer electronics. Technological advancement and development of cost effective testing equipment are major factors that affects the demand. The growing electronic content in various industries like automotive and consumer electronics majorly impacts the industry growth in future. Scaling down of devices has encouraged the ATE demand across application areas including consumer electronics, defense, automotive, IT & Telecom and among others.

Global Consumer Electronics Automated Test Equipment Market is expected to reach USD 1.66 Billion by 2022 with a CAGR of 3.80%

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Automated Test Equipment Market (ATE) is a vital part of the electronics test industry. In this, equipment ICs, PCBs, and equipment test are used to do the test quickly as compared to manually. By using this technology companies can reduce their production cost and time. Automated Test Equipment market is segmented on the basis of product as memory, non-memory and discrete, which are used by various manufacturing houses, these modules increase the reliability and quality of production.

Global Non Memory Automated Test Equipment Market is expected to reach USD 1.85 Billion by 2022 with a CAGR of 3.5%

 

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