What is the current Automated Test Equipment Market size?

The Automated Test Equipment Market is projected to register a CAGR of 4.70% during the forecast period (2024-2029) Read More

Who are the key players in Automated Test Equipment Market?

Virginia Panel Corporation, MAC Panel Company, Xcerra Corporation, National Instruments Corporation and SPEA SpA are the major companies operating in the Automated Test Equipment Market. Read More

Which is the fastest growing region in Automated Test Equipment Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automated Test Equipment Market?

In 2024, the North America accounts for the largest market share in Automated Test Equipment Market. Read More

What years does this Automated Test Equipment Market cover?

The report covers the Automated Test Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automated Test Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Automated Test Equipment Market - ATE - Companies, Analysis & Opportunities

Automated Test Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Automated Test Equipment Market Revenue Growth & Industry Size and it is Segmented by Type of Test Equipment (Memory, Non - Memory, Discrete, Test Handlers), End - User Industry (Aerospace and Defense, Consumer Electronics, IT and Telecommunications, Automotive, Healthcare), and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa). For each segment, the market sizing and forecasts have been provided on the basis of value (in USD million) and volume (in metric tons).

Automated Test Equipment (ATE) Industry Overview

The automated test equipment market is highly fragmented, with major players like Virginia Panel Corporation, MAC Panel Company, Xcerra Corporation, National Instruments Corporation, and SPEA SpA, among others. Moreover, automated test equipment is used in various industries to provide vendors with growth opportunities. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

In December 2022, Cohu, Inc., a global equipment and service supplier that improves semiconductor manufacturing yield and productivity, announced a strategic partnership with Chunghwa Precision Test Tech. Co., Ltd. is a leading test interface solution provider that delivers advanced probe card and interface products to the semiconductor test market. Cohu's mmWave RF probe head and socket technology, together with CHPT's sophisticated substrate and load boards, would result in an optimized turnkey interface solution for probe and final test, reducing client costs and increasing time to market.

In April 2022, National Instruments Corporation (NI) acquired Kratzer Automation. With the acquisition of Kratzer Automation, NI expands its EV test capabilities. The company could test all important components of EVs, such as the battery, inverter, and engine control, by supplying EV testing software and fully integrated test equipment. The combination of NI's flexible EV hardware and software test platform and Kratzer Automation's application-specific EV software and integration capabilities, according to NI, would enable faster responses to change test needs, faster time to market, and lower total cost of test for a broader range of customers.