Automated Test Equipment (ATE) Market by Product (Memory, Non-memory, Discrete), by Application (Automotive, Consumer, Defense) Expected to Reach USD 4.48 Billion by 2020 - WLOX.com - The News for South Mississippi

Automated Test Equipment (ATE) Market by Product (Memory, Non-memory, Discrete), by Application (Automotive, Consumer, Defense) Expected to Reach USD 4.48 Billion by 2020

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Market Size - $3.77 bn in 2013, Market Growth - CAGR of 2.5%, Market Trends Adoption of System on Chip (SOC), wireless network expansion new report by Grand View Research. View full report with TOC - http://www.grandviewresearch.com/industry-analysis/automated-test-equipment.

San Francisco, California (PRWEB) June 27, 2014

The global Automated Test Equipment (ATE) market is expected to reach USD 4.48 billion by 2020, according to a new study by Grand View Research, Inc. Increased demand for consumer electronics is expected to drive the market over the forecast period. Increased design complexity due to adoption of system on chip has resulted in need for effective testing, which is expected to favorably impact the market.

Fluctuating demand for semiconductors is expected to pose a challenge to the growth of this market due to its adverse effects on the profitability of industry participants. Consolidated nature of the market may prove to be a barrier for industry growth. Expansion of wireless networks and significant developments in the manufacturing process of semiconductors are factors conducive for market growth over the next six years.

The report Automated Test Equipment Market Analysis By Product (Memory, Non-memory, Discrete), By Application (Automotive, Consumer, Defense, IT & Telecommunication) And Segment Forecasts To 2020, is available now to Grand View Research customers at http://www.grandviewresearch.com/industry-analysis/automated-test-equipment.

Request free sample of this report at http://www.grandviewresearch.com/industry-analysis/automated-test-equipment/request.

Further key findings from the study suggest:

  • Non-memory ATE dominated the global market and accounted for over 75% of the overall market share in 2013. This is primarily due to increased proliferation of smartphones into the market, expansion of Long Term Evolution (LTE) wireless communication standard, increased automotive demand, and growing number of microcontroller-based applications.
  • IT & telecommunication accounted for over 50% of the overall market share in 2013, which can be attributed to the proliferation of computers, smartphones and tablets in the market and increased emphasis on effective communication. Automotive application sector is expected to witness significant growth owing to increased integration of sophisticated electronic devices in automobiles.
  • Asia Pacific is expected to be the market leader over the next six years, and accounted for over 70% of the market in 2013, owing to the presence of large number of semiconductor industries in the region and rapid technological advancements. RoW is expected to witness significant growth over the forecast period.
  • Key industry participants include National Instruments Corp., LTX-Credence Corporation, Agilent Technologies Inc., Cal-Bay Systems, Aeroflex Inc., Anritsu Co., SPEA S.p.A, Advantest Corporation, Teradyne Inc., Advint LLC, and Rohde & Schwarz GmbH & Co. KG among others.

Browse all reports of this category at http://www.grandviewresearch.com/industry/electronic-devices.

For the purpose of this study, Grand View Research has segmented the global Automated Test Equipment (ATE) market on the basis of product, application and region:

  •      Automated Test Equipment Product Outlook (Revenue, 2012 2020)
             Memory ATE
             Non-memory ATE
             Discrete ATE
  •      Automated Test Equipment Application Outlook (Revenue, 2012 2020)
             Automotive
             Consumer
             Defense
             IT & Telecommunication
             Others
  •      Automated Test Equipment Regional Outlook (Revenue, 2012 2020)
             North America
             Europe
             Asia Pacific
             RoW

Browse all grand view research ongoing reports at http://www.grandviewresearch.com/ongoing-reports.

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About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058

For the original version on PRWeb visit: http://www.prweb.com/releases/ATE_Market_Size_Share/Industry_Trends_Players/prweb11980846.htm

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