Automated Test Equipment Market Size (2024 - 2029)

Automated Test Equipment (ATE) Market Analysis

The automated test equipment market is expected to register a CAGR of 4.7 % during the forecast period. Automated Test Equipment (ATE) finds defects in Devices Under Test (DUT) and helps to ensure the quality of devices. ATE is important in automatically diagnosing and testing faults in semiconductor wafers, integrated circuits, chips, printed circuit boards, and other electronic components.

• The ATE market's growth is directly proportional to the increase in demand from the consumer electronics industry. ATE is widely used in consumer electronics to test electronic components and systems after fabrication. It is controlled through a computer, which includes loads of complex test instruments capable of testing and finding faults in the electronic components or integrated circuits.
• The increase in demand for 5G technology adoption worldwide is a prominent element in the telecom sector projected to fuel market expansion. Marvin Test Solutions, Inc., a developer of unique test services for aerospace, military, and industrial enterprises, revealed on April 2021 that their products are TS-900e-5G industrial test equipment for 5G millimeter Wave semiconductor equipment widely utilized by silicon manufacturers.
• These technologies are widely used because they allow manufacturers to satisfy high-throughput manufacturing demands for millimeter Wave semiconductors devices. The TS-900e-5G is perfect for wafer probe and package testing and is compatible with most common manufacturing robotics and handling equipment. Furthermore, developments in semiconductor production processes and the global expansion of mobile networks would substantially influence the growth of the autonomous test tools market.
• The expenses of automated testing technology are a key hindrance to the growth of the global automation test device industry. Expensive material expenditures and difficulties linking the device under test (DUT) to additional systems restrict the targeted market's development.
• Due to the suspension of manufacturing factories, the COVID-19 outbreak has reduced demand for automation test technology from many industries, notably industrial, household electronics, and automotive. Nevertheless, the rise in the number of people working from home due to the outbreak has increased the demand for laptops, tablets, and desktops. This has raised industry demand for automation test technology from OSATs and household electronics OEMs, allowing the sector to continue growing during the outbreak. The development in electronic infrastructure technologies throughout the household electronics and aviation industries, on the other hand, is likely to boost growth in the automation test equipment industry after the pandemic.

Automated Test Equipment (ATE) Industry Segmentation

Automated test equipment (ATE) is mainly employed to check device defects and ensure their quality. All the electronic equipment manufacturers need to make the respective systems foolproof, and for that purpose, they need testing mechanisms before deployment.

The scope of the study comprises market size estimation considering the revenues accrued from different types of automated test equipment. The market is segmented by end-user industries, such as aerospace and defense, consumer electronics, IT and telecommunications, automotive, healthcare, and other industries. Furthermore, the scope of the study is segmented by types of test equipment and geographical segments. The assessment of the impact of COVID-19 has also been covered in the study.

For each segment, the market sizing and forecasts have been provided on the basis of value (in USD million) and volume (in metric tons).