Automated Test Equipment Market by End-user and Geography - Forecast and Analysis 2021-2025
- Published: Jun 2021
- Pages: 120
- SKU: IRTNTR43865
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The automated test equipment market has the potential to grow by USD 1.63 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.37%.
This automated test equipment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (consumer electronics, telecommunications, aerospace and defense, and others) and geography (APAC, North America, Europe, South America, and MEA). The automated test equipment market report also offers information on several market vendors, including Advantest Corp., Aimil Ltd., Anritsu Corp., BAE Systems Plc, Chroma ATE Inc., Cobham Plc, Keysight Technologies Inc., National Instruments Corp., Rohde and Schwarz GmbH and Co. KG, and Teradyne Inc. among others.
What will the Automated Test Equipment Market Size be in 2021?
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Automated Test Equipment Market: Key Drivers and Trends
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The augmented production of electronic goods is notably driving the automated test equipment market growth, although factors such as the necessity for price-sensitive and multiple technology solutions may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the automated test equipment market get your FREE report sample now.
This automated test equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major Automated Test Equipment Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Advantest Corp.
- Aimil Ltd.
- Anritsu Corp.
- BAE Systems Plc
- Chroma ATE Inc.
- Cobham Plc
- Keysight Technologies Inc.
- National Instruments Corp.
- Rohde and Schwarz GmbH and Co. KG
- Teradyne Inc.
The automated test equipment market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the automated test equipment market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Automated Test Equipment Market?
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43% of the market’s growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for automated test equipment market in APAC.
The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Growing telecommunications industry will facilitate the automated test equipment market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating End-user Segments in the Automated Test Equipment Market?
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The automated test equipment market share growth by the consumer electronics segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.
Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the automated test equipment market size.
What are the Key Factors Covered in this Automated Test Equipment Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive automated test equipment market growth during the next five years
- Precise estimation of the automated test equipment market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the automated test equipment market across APAC, North America, Europe, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automated test equipment market vendors
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- South Korea (Republic of Korea)
- Augmented production of electronic goods
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