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Automated Test Equipment - Global Market Trajectory & Analytics

  • ID: 4804446
  • Report
  • April 2021
  • Region: Global
  • 381 Pages
  • Global Industry Analysts, Inc
Global Automated Test Equipment Market to Reach $4.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Automated Test Equipment estimated at US$3.8 Billion in the year 2020, is projected to reach a revised size of US$4.4 Billion by 2027, growing at a CAGR of 2% over the analysis period 2020-2027. Industrial PCs, one of the segments analyzed in the report, is projected to record a 2.3% CAGR and reach US$2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Mass Interconnect Devices segment is readjusted to a revised 1.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 3.8% CAGR

The Automated Test Equipment market in the U.S. is estimated at US$1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$858.2 Million by the year 2027 trailing a CAGR of 3.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.3% and 1.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.8% CAGR.

Probes Segment to Record 1.6% CAGR

In the global Probes segment, USA, Canada, Japan, China and Europe will drive the 1.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$718 Million in the year 2020 will reach a projected size of US$781.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$591.5 Million by the year 2027, while Latin America will expand at a 2.3% CAGR through the analysis period.

Select Competitors (Total 42 Featured):
  • Advantest Corporation
  • Aeroflex USA, Inc.
  • Astronics Corporation
  • Chroma ATE, Inc.
  • National Instruments Corporation
  • Roos Instruments, Inc.
  • SPEA SpA
  • STAr Technologies, Inc.
  • Xcerra Corporation
Frequently Asked Questions about the Global Market for Automated Test Equipment

What is the estimated value of the Global Market for Automated Test Equipment?

The Global Market for Automated Test Equipment was estimated to be valued at $3.8 Billion in 2020.

What is the growth rate of the Global Market for Automated Test Equipment?

The growth rate of the Global Market for Automated Test Equipment is 2.1%, with an estimated value of $4.4 Billion by 2027.

What is the forecasted size of the Global Market for Automated Test Equipment?

The Global Market for Automated Test Equipment is estimated to be worth $4.4 Billion by 2027.
Note: Product cover images may vary from those shown

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Global Automated Test Equipment Market Witnessing Significant Growth
  • Telecommunication and Automotive Sectors Display Positive Influence on the Automated Test Equipment Market
  • Consumer Electronics Sector Driving Growth in ATE Market
  • Adoption of Wireless Technologies in Automotive Industry - A Major Trend
  • Semiconductor ATE Driven by Demand from Consumer, Computing, and Communication Markets
  • Demand for Mobile Automated Solutions Driving Growth in Automated Test Equipment Market
  • Increasing Adoption of Connected Devices - Key to Growth in ATE Market
  • High Demand for Semiconductor Automated Test Equipment
  • Increasing Adoption of System-on-Chip to Drive the Market Growth
  • Defense - A Key End-Use Industry Playing Major Role
  • Teradyne Releases UltraSerial60G to Expand UltraFLEX Platform Capabilities
  • Unigraf Introduces UCD-240 USB-C Test Automation Tool
  • QIAGEN and DiaSorin Launch QuantiFERON-TB Gold Plus Technology
  • Teradyne Acquires Lemsys
  • NI Partners Spirent to Develop Test Systems for 5G New Radio (NR) Devices

  • European Automatic Test Equipment Market
  • Asia-Pacific - Key Market of ATE

  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown