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Global Automated Test Equipment (ATE) Market Size To Exceed $4.4 Billion By 2020 : Radiant Insights,Inc

RadiantInsights.com includes new market research report on "Global Automated Test Equipment (ATE) Market Size, Share And Trends Report Up To 2020 : Radiant Insights" to its huge collection of research reports.

Global Automated Test Equipment (ATE) Market Size To Exceed $4.4 Billion By 2020 : Radiant Insights,Inc

San Francisco, United States - November 16, 2015 /MarketersMedia/

Global Automated Test Equipment (ATE) Market is expected to be valued at USD 4.48 billion by 2020, as per a new research report by Radiant Insights, Inc. Increasing design complexity coupled with need for effective testing is expected to drive the global automated test equipment market demand.

Increasing need for optimizing power management in order to ensure longer battery life is likely to favor the growth prospects. However, dependency on semiconductor chips is likely challenge industry participants. Non-memory products were the leading segment, valued at USD 2,867.5 million in 2013. Expansion of consumer electronics, increasing automotive demand and growing number of microcontroller-based applications are factors likely to promote its demand.
Memory products accounted for 21.21% of the overall revenue in 2013, growing at an estimated CAGR of 1.7% from 2014 to 2020. The cyclical variations in growth rates than non-memory semiconductors have resulted in gaining popularity among various applications.

Complete Report Available @ http://www.radiantinsights.com/research/automated-test-equipment-market

Key report insights suggest:
• Global ATE market size was estimated at USD 3,774.9 million in 2013 and is expected to register USD 4,476.2 million by 2020 growing with an estimated CAGR of 2.5% from 2014 to 2020
• Asia Pacific automated test equipment market dominated the regional demand with an estimated market share of 75.57% in 2013. Increasing number of semiconductor industries coupled with technological innovation is expected to have positive influence in regional demand. North America is the second largest region, growing at a CAGR of 2.2% from 2014 to 2020.
• IT & telecommunication dominated the demand with an estimated share of 51.33% in 2013. Defense is the fastest growing application segment and is likely to grow at a CAGR of 3.3% from 2014 to 2020. The various PCBs used in this application require testing on a regular basis is boosting the global demand.
• Wafer probing test point was the highest revenue generator, with an estimated share of 39.7% in 2013, growing at a CAGR of 1.8% from 2014 to 2020. This can be attributed to the miniaturization of semiconductor devices and significant cost-benefits associated. Final test point is the second largest segment, growing at a CAGR of 2.4% from 2014 to 2020.
• Fairly consolidated ATE market consists of top three manufacturers accounting for more than 80% of the overall industry revenue. Key companies include Teradyne Inc, Advantest Corporation and LTX-Credence Corporation.

Browse All Reports of This Category at: http://www.radiantinsights.com/catalog/semiconductors

Global Automated Test Equipment (ATE) Product Overview (Revenue, USD Million, 2012 - 2020)
• Memory ATE
• Non-Memory ATE
• Discrete ATE

Global Automated Test Equipment (ATE) Application Overview (Revenue, USD Million, 2012 - 2020)
• Automotive
• Consumer Electronics
• Defense
• IT & Telecom
• Others

Global Automated Test Equipment (ATE) Region Overview (Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)

About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
Web: http://www.radiantinsights.com/

For more information about us, please visit http://www.radiantinsights.com/research/automated-test-equipment-market

Contact Info:
Name: Michelle Thoras
Email: sales@radiantinsights.com
Organization: Radiant Insights, Inc.
Address: 28 2nd Street
Phone: 14153490054

Source: http://marketersmedia.com/global-automated-test-equipment-ate-market-size-to-exceed-4-4-billion-by-2020-radiant-insightsinc/96742

Release ID: 96742

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