Global System-On-Chip Test Equipment Market 2017-2021

Overview of the global system-on-chip (SoC) test equipment market

According to Technavio’s market research analyst, the global SoC test equipment market is anticipated to grow at a steady rate and will post a CAGR of more than 2% during the forecast period. The growing trend for small portable electronic devices among various consumers will drive the growth prospects for the global SoC test equipment market until the end of 2021. These devices are integrated with the reduced size of semiconductor ICs and lowering IC power consumption to obtain a miniaturized portable product. As a result, system-on-chip (SoC) are increasingly reinforced in a portable electronic device because they offer lower power consumption and faster processing speed. Also, some of the major factors responsible for the growing preference for SoCs in miniaturized electronic devices include various benefits such as high-frequency operation, superior functionality, and low costs. Furthermore, since miniaturization of electronic devices affects electrical parameters like amplification, transconductance, electrical interferences, power consumption, leakage currents, the demand for SoC test equipment increases to test different faults in chips and ensure fault-free production of chips.

The emergence of high-quality test equipment to deal with increasing design complexity will drive the growth prospects for the global SoC test equipment market for the next four years. Some of the major factors responsible for the growing use of high-quality test equipment is to improve the efficiency, quality of the test, generate best patterns, and reduce the cost of testing.

Competitive landscape and key vendors

The global SoC test equipment market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. It has been observed that a large number of local and regional vendors are increasingly finding it difficult to compete against international players in terms of technology, quality, and price. Also, the majority of vendors are increasingly focusing on improving their experience, product portfolio, geographical presence, financial condition, research and developmental activities, and customer base to capture more market share. 

Key vendors in this market are -

• ADVANTEST
• Teradyne
• Xcerra

Other prominent vendors in the market include Astronics Test Systems, Chroma ATE, Lorlin Test Systems, Marvin Test Solutions, National Instruments, and Roos Instruments.

Segmentation by application and analysis of the SoC test equipment market

• IT and telecommunication
• Consumer electronics
• Automotive

IT and telecommunication segment accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. One of the major factors responsible for the market segment's growth is the increasing implementation of a new generation chip called microservers, which is based on SoCs. Furthermore, these chips provide cheaper and simpler options to data centers, unlike other conventional chips that require a detailed understanding as well as testing for noise isolation, signal integrity, and thermal management.

Segmentation by geography and analysis of the SoC test equipment market

• Americas
• APAC
• EMEA

In terms of geography, APAC accounted for the majority market share during 2016 and will continue to dominate the market until the end of 2021. Some of the major factors responsible for the dominance of APAC is the high concentration of semiconductor manufacturers in the region and presence of a large number of semiconductor foundries, OSATs, fabless semiconductor companies, and consumer electronic device manufacturers.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global system-on-chip (SoC) test equipment market?
• What are the key market trends impacting the growth of the global system-on-chip (SoC) test equipment market?
• What are the challenges to market growth?
• Who are the key vendors in the global system-on-chip (SoC) test equipment market?
• What are the market opportunities and threats faced by the vendors in the global system-on-chip (SoC) test equipment market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global system-on-chip (SoC) test equipment market?

Technavio also offers customization on reports based on specific client requirement.

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