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The automated test equipment market is fragmented with the presence of several automotive manufacturer and the competitive dynamics in the market is expected to change during the upcoming years. The development of autonomous vehicles is being witnessed with some of the renowned car manufacturers collaborating with the technology leaders for it to be conceptualized. Autonomous vehicles have evolved on the platform built by ADAS. Companies like Ford, General Motors, Nissan, Tesla, Mercedes, Honda and other major manufacturers have been investing billions of dollars in the research & development of these cars. Also, technology giants like Apple, IBM, and Intel have further collaborated with the leading auto manufacturers to remain competitive. Such integration will create significant opportunities for the companies to leverage an increasing growing automated test equipment market.
On the basis of type, memory chip based testing segment is the leading is anticipated to continue its dominance during a majority of the memory chips and the associated devices have witnessed profound attractiveness in the consumer electronics, automotive, aerospace & defense, and healthcare industry verticals for different applications. The increasing demands for these devices is proportionate to the growing demands for testing the memory based devices and hence, the memory chip based testing devices command a larger market share in the automated test equipment market. Rising productions of higher-speed and higher-capacity memory semiconductors to be integrated in the data centers is further anticipated to boost the demands for memory test systems.
The overall automated test equipment market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the automated test equipment market. It also provides the overview and forecast for the global automated test equipment market based on all the segmentation provided with respect to four major reasons such as North America, Europe, Asia-Pacific, the Middle East and Rest of World. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the automated test equipment industry.
1. INTRODUCTION 13
1.1 SCOPE OF THE STUDY 13
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 13
2. KEY TAKEAWAYS 15
3. AUTOMATED TEST EQUIPMENT MARKET LANDSCAPE 18
3.1 MARKET OVERVIEW 18
3.2 MARKET SEGMENTATION 19
3.2.1 Global Automated Test Equipment Market - By Types 20
3.2.2 Global Automated Test Equipment Market - By Component 20
3.2.3 Global Automated Test Equipment Market - By End-User 21
3.2.4 Global Automated Test Equipment Market - By Geography 21
3.3 PEST ANALYSIS 22
3.3.1 North America PEST Analysis 22
3.3.2 Europe PEST Analysis 24
3.3.3 Asia Pacific PEST Analysis 26
3.3.4 Rest of World PEST Analysis 28
4. AUTOMATED TEST EQUIPMENT MARKET - KEY INDUSTRY DYNAMICS 30
4.1 KEY MARKET DRIVERS 30
4.1.1 Increasing automation integrations in the highly prominent manufacturing sector worldwide 30
4.1.2 Design complexities of consumer electronic devices demanding for a more robust testing method 31
4.1.3 Growing needs for high-speed testing capabilities facilitating lesser time-to-market for the products 32
4.2 KEY MARKET RESTRAINTS 32
4.2.1 Huge costs incurred in testing and O&M complexities 32
4.3 KEY MARKET OPPORTUNITIES 33
4.3.1 Proliferation of IoT and connected devices across industry verticals 33
4.3.2 Emerging integrations of consumer electronics in the automotive industry 34
4.4 FUTURE TRENDS 35
4.4.1 Testing of sensors for autonomous vehicles 35
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS 36
5. AUTOMATED TEST EQUIPMENT - GLOBAL MARKET ANALYSIS 37
5.1 GLOBAL AUTOMATED TEST EQUIPMENT MARKET OVERVIEW 37
5.2 GLOBAL AUTOMATED TEST EQUIPMENT MARKET FORECAST AND ANALYSIS 39
6. AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECAST TO 2025 - TYPE 40
6.1 OVERVIEW 40
6.2 GLOBAL AUTOMATED TEST EQUIPMENT MARKET BREAKDOWN, BY TYPE, 2017 & 2025 40
6.3 MEMORY CHIP BASED TESTING MARKET 41
6.3.1 Overview 41
6.3.2 Memory Chip Based Testing Market Forecast and Analysis 41
6.4 NON-MEMORY CHIP BASED TESTING MARKET 42
6.4.1 Overview 42
6.4.2 Non-Memory Chip Based Testing Market Forecast and Analysis 42
6.5 DISCRETE TESTING MARKET 43
6.5.1 Overview 43
6.5.2 Discrete Testing Market Forecast and Analysis 43
7. AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECAST TO 2025 - COMPONENT 44
7.1 OVERVIEW 44
7.2 GLOBAL AUTOMATED TEST EQUIPMENT MARKET BREAKDOWN, BY COMPONENT, 2017 & 2025 44
7.3 INDUSTRIAL PCS MARKET 45
7.3.1 Overview 45
7.3.2 Industrial PCs Market Forecast and Analysis 46
7.4 MASS INTERCONNECT MARKET 47
7.4.1 Overview 47
7.4.2 Mass Interconnect Market Forecast and Analysis 47
7.5 HANDLER/PROBER MARKET 48
7.5.1 Overview 48
7.5.2 Handler/Prober Market Forecast and Analysis 48
8. AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECAST TO 2025 - END-USER 49
8.1 OVERVIEW 49
8.2 GLOBAL AUTOMATED TEST EQUIPMENT MARKET BREAKDOWN, BY END-USER, 2017 & 2025 49
8.3 CONSUMER ELECTRONICS MARKET 50
8.3.1 Overview 50
8.3.2 Consumer Electronics Market Forecast and Analysis 50
8.4 AUTOMOTIVE MARKET 51
8.4.1 Overview 51
8.4.2 Automotive Market Forecast and Analysis 51
8.5 MEDICAL MARKET 52
8.5.1 Overview 52
8.5.2 Medical Market Forecast and Analysis 53
8.6 AEROSPACE & DEFENSE MARKET 54
8.6.1 Overview 54
8.6.2 Aerospace & Defense Market Forecast and Analysis 54
8.7 IT & TELECOMMUNICATIONS MARKET 55
8.7.1 Overview 55
8.7.2 IT & Telecommunications Market Forecast and Analysis 55
8.8 OTHER INDUSTRIES MARKET 56
8.8.1 Overview 56
8.8.2 Others Industries Market Forecast and Analysis 56
9. AUTOMATED TEST EQUIPMENT MARKET - GEOGRAPHICAL ANALYSIS 57
9.1 OVERVIEW 57
9.2 NORTH AMERICA AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 58
9.2.1 Overview 58
9.2.2 North America Automated Test Equipment Market Breakdown by Key Countries 59
9.2.2.1 U.S. Automated Test Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 60
9.2.2.2 Canada Automated Test Equipment Market Revenue and Forecast to 2025 (US$ Mn) 61
9.2.2.3 Mexico Automated Test Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 62
9.2.3 North America Automated Test Equipment Market Breakdown by Type 63
9.2.4 North America Automated Test Equipment Market Breakdown by Component 63
9.2.5 North America Automated Test Equipment Market Breakdown by End-user 63
9.3 EUROPE AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 64
9.3.1 Overview 64
9.3.2 Europe Automated Test Equipment Market Breakdown by Key Countries 66
9.3.2.1 France Automated Test Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 67
9.3.2.2 Germany Automated Test Equipment Market Revenue and Forecast to 2025 (US$ Mn) 68
9.3.2.3 Netherlands Automated Test Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 69
9.3.2.4 U.K. Automated Test Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 70
9.3.3 Europe Automated Test Equipment Market Breakdown by Type 70
9.3.4 Europe Automated Test Equipment Market Breakdown by Component 71
9.3.5 Europe Automated Test Equipment Market Breakdown by End-user 71
9.4 APAC AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 72
9.4.1 Overview 72
9.4.2 APAC Automated Test Equipment Market Breakdown by Key Countries 74
9.4.2.1 South Korea Automated Test Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 75
9.4.2.2 China Automated Test Equipment Market Revenue and Forecast to 2025 (US$ Mn) 76
9.4.2.3 Taiwan Automated Test Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 77
9.4.2.4 Japan Automated Test Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 78
9.4.2.5 Rest of APAC Automated Test Equipment Market Revenue and Forecast to 2025 (US$ Mn) 79
9.4.3 APAC Automated Test Equipment Market Breakdown by Type 79
9.4.4 APAC Automated Test Equipment Market Breakdown by Component 80
9.4.5 APAC Automated Test Equipment Market Breakdown by End-user 80
9.5 REST OF WORLD (ROW) AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 81
9.5.1 Overview 81
9.5.2 ROW Automated Test Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 81
9.5.3 ROW Automated Test Equipment Market Breakdown by Key Regions 82
9.5.3.1 Middle East Automated Test Equipment Market Revenue and Forecast to 2025 (US$ Mn) 83
9.5.3.2 Africa Automated Test Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 84
9.5.3.3 South America (SAM) Automated Test Equipment Market Revenue and Forecasts to 2025 (US$ Mn) 85
9.5.4 RoW Automated Test Equipment Market Breakdown by Type 85
9.5.5 RoW Automated Test Equipment Market Breakdown by Component 86
9.5.6 RoW Automated Test Equipment Market Breakdown by End-User 86
10. INDUSTRY LANDSCAPE 87
10.1 MARKET INITIATIVE 87
10.2 MERGER AND ACQUISITION 88
10.3 NEW DEVELOPMENT 89
11. COMPETITIVE LANDSCAPE 92
11.1 COMPETITIVE PRODUCT MAPPING 92
11.2 MARKET POSITIONING - GLOBAL TOP 5 PLAYERS RANKING 93
12. GLOBAL AUTOMATED TEST EQUIPMENT - COMPANY PROFILES 94
12.1 ADVANTEST CORPORATION 94
12.1.1 Key Facts 94
12.1.2 Business Description 94
12.1.3 Financial Overview 95
12.1.4 SWOT Analysis 95
12.1.5 Key Developments 97
12.2 ANRITSU CORPORATION 98
12.2.1 Key Facts 98
12.2.2 Business Description 98
12.2.3 Financial Overview 99
12.2.4 SWOT Analysis 99
12.2.5 Key Developments 101
12.3 ASTRONICS CORPORATION 102
12.3.1 Key Facts 102
12.3.2 Business Description 102
12.3.3 Financial Overview 103
12.3.4 SWOT Analysis 103
12.3.5 Key Developments 105
12.4 AVERNA 107
12.4.1 Key Facts 107
12.4.2 Business Description 107
12.4.3 Financial Overview 107
12.4.4 SWOT Analysis 108
12.4.5 Key Developments 110
12.5 CHROMA ATE INC. 111
12.5.1 Key Facts 111
12.5.2 Business Description 111
12.5.3 Financial Overview 112
12.5.4 SWOT Analysis 112
12.5.5 Key Developments 114
12.6 EXICON CO., LTD. 115
12.6.1 Key Facts 115
12.6.2 Business Description 115
12.6.3 Financial Overview 115
12.6.4 SWOT Analysis 116
12.6.5 Key Developments 117
12.7 NATIONAL INSTRUMENTS CORPORATION 119
12.7.1 Key Facts 119
12.7.2 Business Description 119
12.7.3 Financial Overview 120
12.7.4 SWOT Analysis 120
12.7.5 Key Developments 122
12.8 SPEA S.P.A. 123
12.8.1 Key Facts 123
12.8.2 Business Description 123
12.8.3 Financial Overview 123
12.8.4 SWOT Analysis 124
12.8.5 Key Developments 125
12.9 TERADYNE INC. 126
12.9.1 Key Facts 126
12.9.2 Business Description 126
12.9.3 Financial Overview 127
12.9.4 SWOT Analysis 127
12.9.5 Key Developments 129
12.10 TEST RESEARCH INC. 130
12.10.1 Key Facts 130
12.10.2 Business Description 130
12.10.3 Financial Overview 131
12.10.4 SWOT Analysis 131
12.10.5 Key Developments 133
13. APPENDIX 134
13.1 ABOUT THE INSIGHT PARTNERS 134
13.2 GLOSSARY OF TERMS 134
13.3 METHODOLOGY 135
13.3.1 Coverage 135
13.3.2 Secondary Research 135
13.3.3 Primary Research 136
LIST OF TABLES
TABLE 1. GLOBAL AUTOMATED TEST EQUIPMENT SYSTEM MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 39
TABLE 2. NORTH AMERICA AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - BY TYPE (US$ MN) 63
TABLE 3. NORTH AMERICA AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - BY COMPONENT (US$ MN) 63
TABLE 4. NORTH AMERICA AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - BY END-USER (US$ MN) 63
TABLE 5. EUROPE AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - BY TYPE (US$ MN) 70
TABLE 6. EUROPE AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - BY COMPONENT (US$ MN) 71
TABLE 7. EUROPE AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - BY END-USER (US$ MN) 71
TABLE 8. APAC AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - BY TYPE (US$ MN) 79
TABLE 9. APAC AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - BY COMPONENT (US$ MN) 80
TABLE 10. APAC AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - BY END-USER (US$ MN) 80
TABLE 11. ROW AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - BY TYPE (US$ MN) 85
TABLE 12. ROW AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - BY COMPONENT (US$ MN) 86
TABLE 13. ROW AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 - BY END-USER (US$ MN) 86
TABLE 14. GLOSSARY OF TERM: AUTOMATED TEST EQUIPMENT MARKET 134
LIST OF FIGURES
FIGURE 1. GLOBAL AUTOMATED TEST EQUIPMENT MARKET, (US$ MN), 2017 & 2025 15
FIGURE 2. EUROPE AUTOMOTIVE END-USER SEGMENT MARKET REVENUE (US$ MN), 2017 & 2025 16
FIGURE 3. AUTOMATED TEST EQUIPMENT MARKET SEGMENTATION 19
FIGURE 4. AUTOMATED TEST EQUIPMENT MARKET SEGMENTATION - GEOGRAPHIC 20
FIGURE 5. NORTH AMERICA - PEST ANALYSIS 22
FIGURE 6. EUROPE - PEST ANALYSIS 24
FIGURE 7. ASIA PACIFIC - PEST ANALYSIS 26
FIGURE 8. ROW - PEST ANALYSIS 28
FIGURE 9. SUBSCRIPTION PENETRATION IN QUARTER-1 2018 (PERCENT OF POPULATION) 34
FIGURE 10. AUTOMATED TEST EQUIPMENT MARKET IMPACT ANALYSIS OF DRIVER AND RESTRAINTS 36
FIGURE 11. GLOBAL AUTOMATED TEST EQUIPMENT MARKET 37
FIGURE 12. GLOBAL AUTOMATED TEST EQUIPMENT MARKET FORECAST AND ANALYSIS 39
FIGURE 13. GLOBAL AUTOMATED TEST EQUIPMENT MARKET BREAKDOWN, BY TYPE, 2017 & 2025 (%) 40
FIGURE 14. GLOBAL MEMORY CHIP BASED TESTING MARKET REVENUE AND FORECAST TO 2025 (US$ MN) 41
FIGURE 15. GLOBAL NON-MEMORY CHIP BASED TESTING MARKET REVENUE AND FORECAST TO 2025 (US$ MN) 42
FIGURE 16. GLOBAL DISCRETE TESTING MARKET REVENUE AND FORECAST TO 2025 (US$ MN) 43
FIGURE 17. GLOBAL AUTOMATED TEST EQUIPMENT MARKET BREAKDOWN, BY COMPONENT, 2017 & 2025 (%) 44
FIGURE 18. GLOBAL INDUSTRIAL PCS MARKET REVENUE AND FORECAST TO 2025 (US$ MN) 46
FIGURE 19. GLOBAL MASS INTERCONNECT MARKET REVENUE AND FORECAST TO 2025 (US$ MN) 47
FIGURE 20. GLOBAL HANDLER/PROBER MARKET REVENUE AND FORECAST TO 2025 (US$ MN) 48
FIGURE 21. GLOBAL AUTOMATED TEST EQUIPMENT MARKET BREAKDOWN, BY END-USER, 2017 & 2025 (%) 49
FIGURE 22. GLOBAL CONSUMER ELECTRONICS MARKET REVENUE AND FORECAST TO 2025 (US$ MN) 50
FIGURE 23. GLOBAL AUTOMOTIVE MARKET REVENUE AND FORECAST TO 2025 (US$ MN) 51
FIGURE 24. GLOBAL MEDICAL MARKET REVENUE AND FORECAST TO 2025 (US$ MN) 53
FIGURE 25. GLOBAL AEROSPACE & DEFENSE MARKET REVENUE AND FORECAST TO 2025 (US$ MN) 54
FIGURE 26. GLOBAL IT & TELECOMMUNICATIONS MARKET REVENUE AND FORECAST TO 2025 (US$ MN) 55
FIGURE 27. GLOBAL OTHER INDUSTRIES MARKET REVENUE AND FORECAST TO 2025 (US$ MN) 56
FIGURE 28. AUTOMATED TEST EQUIPMENT MARKET, GLOBAL BREAKDOWN BY REGIONS, 2017 & 2025 (%) 57
FIGURE 29. NORTH AMERICA AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 58
FIGURE 30. NORTH AMERICA AUTOMATED TEST EQUIPMENT MARKET BREAKDOWN BY KEY COUNTRIES, 2017 & 2025(%) 59
FIGURE 31. U.S. AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 60
FIGURE 32. CANADA AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 61
FIGURE 33. MEXICO AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 62
FIGURE 34. EUROPE AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 65
FIGURE 35. EUROPE AUTOMATED TEST EQUIPMENT MARKET BREAKDOWN BY KEY COUNTRIES, 2017 & 2025(%) 66
FIGURE 36. FRANCE AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 67
FIGURE 37. GERMANY AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 68
FIGURE 38. NETHERLANDS AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 69
FIGURE 39. U.K. AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 70
FIGURE 40. APAC AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 73
FIGURE 41. APAC AUTOMATED TEST EQUIPMENT MARKET BREAKDOWN BY KEY COUNTRIES, 2017 & 2025(%) 74
FIGURE 42. SOUTH KOREA AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 75
FIGURE 43. CHINA AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 76
FIGURE 44. TAIWAN AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 77
FIGURE 45. JAPAN AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 78
FIGURE 46. REST OF APAC AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 79
FIGURE 47. ROW AUTOMATED TEST EQUIPMENT MARKET BREAKDOWN BY KEY REGIONS, 2017 & 2025(%) 82
FIGURE 48. MIDDLE EAST AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 83
FIGURE 49. AFRICA AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 84
FIGURE 50. SAM AUTOMATED TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 85
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