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 $ 1.63 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4%.

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 segmentations 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?

Automated-Test-Equipment-Market-Market-Size-2020-2025

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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 necessity for price sensitive and multiple technology solutions may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the automated test equipment market industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

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. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

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 vendor landscape of the automated test equipment market entails successful business strategies deployed by the vendors. The automated test equipment market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

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?

Automated-Test-Equipment-Market-Market-Share-by-Region-2020-2025

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43% of the market’s growth will originate from APAC during the forecast period. US, China, Japan, Germany, 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 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. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating End-user Segments in the Automated Test Equipment Market?

Automated-Test-Equipment-Market-Market-Share-by-End-2020-2025

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The automated test equipment market share growth by the __ 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.

This report provides an accurate prediction of the contribution of all the segments to the growth of the automated test equipment market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Automated Test Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

$ 1.63 billion

Market structure

Fragmented

YoY growth (%)

3.75

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 43%

Key consumer countries

US, China, Japan, Germany, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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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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Research Framework

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.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The automated test equipment market growth will increase by $1478.87 million during 2019-2024.
The automated test equipment market is expected to grow at a CAGR of 4.08% during 2019-2024.
Technavio has segmented the automated test equipment market by end user (Consumer electronics, Telecommunications, Aerospace and defense, and Others) and geographic (APAC, North America, Europe, South America, and MEA).
Advantest Corp., Agilent Technologies Inc., Anritsu Corp., Chroma ATE Inc., Cobham Plc, Danaher Corp., INNOTECH Corp., National Instruments Corp., Rohde & Schwarz GmbH & Co. KG, Teradyne Inc. are a few of the key vendors in the automated test equipment market.
APAC will register the highest growth rate of 39.51% among the other regions. Therefore, the automated test equipment market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Japan
  • Germany
  • South Korea (Republic of Korea)
The key factors driving the automated test equipment market growth are:
  • Augmented production of electronic goods
The automated test equipment market vendors should focus on grabbing business opportunities from the consumer electronics segment as it accounted for the largest market share in the base year.
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