NEW YORK, March 21, 2023 /PRNewswire/ -- The automated test equipment market size is forecast to increase by USD 2,049.89 million from 2022 to 2027, at a CAGR of 5%, according to the recent market study by Technavio. The growth of the market will be driven by the augmented production of electronic goods. The demand for electronic goods is increasing significantly across the world. Countries such as China, Japan, and Singapore are witnessing a considerable increase in the export of electronic devices such as smartphones. The rising adoption of these devices has encouraged manufacturers to incorporate new technologies such as LTE, 4G, and 5G and to attract consumer interest. In addition, the availability of low-cost smartphones and rapid penetration of the internet has increased the demand for automated test equipment to ensure the quality and reliability of services. All these factors are driving the growth of the market. However, the continuous increase in raw material prices and increasing import duties are hindering the growth of the market. Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Technavio has extensively analyzed 15 major vendors, including Advantest Corp., ADVINT LLC, Aemulus Holdings Bhd, Aimil Ltd., Anritsu Corp., Astronics Corp., Averna Technologies Inc., BAE Systems Plc, Chroma ATE Inc., Cobham Ltd., Cohu Inc., INNOTECH Corp., Keysight Technologies Inc., National Instruments Corp., Rohde and Schwarz GmbH and Co. KG, ROOS INSTRUMENTS Inc., SPEA Spa, Teradyne Inc., TESEC Inc., and The Marvin Group.

Key Benefits for Industry Players & Stakeholders – 

• The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
• It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
• The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

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Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

• One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage. 
• Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
• Furthermore, market adoption rates for all regions have been covered.

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The market is segmented by end-user (consumer electronics, telecommunications, aerospace and defense, and others), product (non-memory ATE, memory, and discrete), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

Segmentation by End-user (Inclusion/Exclusion)

• The market growth in the consumer electronics segment will be significant during the forecast period. Factors such as the increase in disposable incomes, reduced cost of consumer electronics, and changing lifestyles in developing countries have been crucial in fueling the growth of the segment.

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What are the key data covered in this automated test equipment market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the automated test equipment market between 2023 and 2027
• Precise estimation of the size of the automated test equipment market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the automated test equipment market industry across APAC, North America, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of automated test equipment market vendors

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Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global automated test equipment market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global automated test equipment market 2017 - 2021 ($ million)

• 4.2 End User Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – End User Segment 2017 - 2021 ($ million)

• 4.3 Product Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Consumer electronics - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Consumer electronics - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Consumer electronics - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Consumer electronics - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Consumer electronics - Year-over-year growth 2022-2027 (%)

• 6.4 Telecommunications - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Telecommunications - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Telecommunications - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Telecommunications - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Telecommunications - Year-over-year growth 2022-2027 (%)

• 6.5 Aerospace and defense - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Aerospace and defense - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Aerospace and defense - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Aerospace and defense - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Aerospace and defense - Year-over-year growth 2022-2027 (%)

• 6.6 Others - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by End-user 
• Exhibit 50: Market opportunity by End-user ($ million)

7 Market Segmentation by Product

• 7.1 Market segments
• Exhibit 51: Chart on Product - Market share 2022-2027 (%)
• Exhibit 52: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 53: Chart on Comparison by Product
• Exhibit 54: Data Table on Comparison by Product

• 7.3 Non-memory ATE - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Non-memory ATE - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Non-memory ATE - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Non-memory ATE - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Non-memory ATE - Year-over-year growth 2022-2027 (%)

• 7.4 Memory - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Memory - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Memory - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Memory - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Memory - Year-over-year growth 2022-2027 (%)

• 7.5 Discrete - Market size and forecast 2022-2027 
• Exhibit 63: Chart on Discrete - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Discrete - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Discrete - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Discrete - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Product 
• Exhibit 67: Market opportunity by Product ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027 
• Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027 
• Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 South Korea - Market size and forecast 2022-2027 
• Exhibit 109: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on South Korea - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on South Korea - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 Advantest Corp.
• Exhibit 120: Advantest Corp. - Overview
• Exhibit 121: Advantest Corp. - Business segments
• Exhibit 122: Advantest Corp. - Key offerings
• Exhibit 123: Advantest Corp. - Segment focus

• 12.4 Aemulus Holdings Bhd
• Exhibit 124: Aemulus Holdings Bhd - Overview
• Exhibit 125: Aemulus Holdings Bhd - Product / Service
• Exhibit 126: Aemulus Holdings Bhd - Key offerings

• 12.5 Aimil Ltd.
• Exhibit 127: Aimil Ltd. - Overview
• Exhibit 128: Aimil Ltd. - Product / Service
• Exhibit 129: Aimil Ltd. - Key offerings

• 12.6 Anritsu Corp.
• Exhibit 130: Anritsu Corp. - Overview
• Exhibit 131: Anritsu Corp. - Business segments
• Exhibit 132: Anritsu Corp. - Key news
• Exhibit 133: Anritsu Corp. - Key offerings
• Exhibit 134: Anritsu Corp. - Segment focus

• 12.7 Astronics Corp.
• Exhibit 135: Astronics Corp. - Overview
• Exhibit 136: Astronics Corp. - Business segments
• Exhibit 137: Astronics Corp. - Key offerings
• Exhibit 138: Astronics Corp. - Segment focus

• 12.8 BAE Systems Plc
• Exhibit 139: BAE Systems Plc - Overview
• Exhibit 140: BAE Systems Plc - Business segments
• Exhibit 141: BAE Systems Plc - Key offerings
• Exhibit 142: BAE Systems Plc - Segment focus

• 12.9 Chroma ATE Inc.
• Exhibit 143: Chroma ATE Inc. - Overview
• Exhibit 144: Chroma ATE Inc. - Business segments
• Exhibit 145: Chroma ATE Inc. - Key offerings
• Exhibit 146: Chroma ATE Inc. - Segment focus

• 12.10 Cobham Ltd.
• Exhibit 147: Cobham Ltd. - Overview
• Exhibit 148: Cobham Ltd. - Product / Service
• Exhibit 149: Cobham Ltd. - Key news
• Exhibit 150: Cobham Ltd. - Key offerings

• 12.11 Cohu Inc.
• Exhibit 151: Cohu Inc. - Overview
• Exhibit 152: Cohu Inc. - Product / Service
• Exhibit 153: Cohu Inc. - Key offerings

• 12.12 INNOTECH Corp.
• Exhibit 154: INNOTECH Corp. - Overview
• Exhibit 155: INNOTECH Corp. - Product / Service
• Exhibit 156: INNOTECH Corp. - Key offerings

• 12.13 Keysight Technologies Inc. 
• Exhibit 157: Keysight Technologies Inc. - Overview
• Exhibit 158: Keysight Technologies Inc. - Business segments
• Exhibit 159: Keysight Technologies Inc. - Key news
• Exhibit 160: Keysight Technologies Inc. - Key offerings
• Exhibit 161: Keysight Technologies Inc. - Segment focus

• 12.14 National Instruments Corp. 
• Exhibit 162: National Instruments Corp. - Overview
• Exhibit 163: National Instruments Corp. - Product / Service
• Exhibit 164: National Instruments Corp. - Key news
• Exhibit 165: National Instruments Corp. - Key offerings

• 12.15 Rohde and Schwarz GmbH and Co. KG 
• Exhibit 166: Rohde and Schwarz GmbH and Co. KG - Overview
• Exhibit 167: Rohde and Schwarz GmbH and Co. KG - Product / Service
• Exhibit 168: Rohde and Schwarz GmbH and Co. KG - Key offerings

• 12.16 Teradyne Inc.
• Exhibit 169: Teradyne Inc. - Overview
• Exhibit 170: Teradyne Inc. - Business segments
• Exhibit 171: Teradyne Inc. - Key news
• Exhibit 172: Teradyne Inc. - Key offerings
• Exhibit 173: Teradyne Inc. - Segment focus

• 12.17 TESEC Inc.
• Exhibit 174: TESEC Inc. - Overview
• Exhibit 175: TESEC Inc. - Product / Service
• Exhibit 176: TESEC Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 177: Inclusions checklist
• Exhibit 178: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 179: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 180: Research methodology
• Exhibit 181: Validation techniques employed for market sizing
• Exhibit 182: Information sources

• 13.5 List of abbreviations 
• Exhibit 183: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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