Global Semiconductor Test Systems Market 2017-2021

This industry research report identifies Advantest, Amkor Technology, Danaher, and Sanmina as the key vendors in the global semiconductor test systems market. This industry research report also presents a competitive analysis of the market by application (defense, automotive electronics, consumer electronics, IT and telecom, and medical), by product type (wireless testers, digital testers, memory testers, LCD driver test systems, and mixed-signal testers), and by geography (the Americas, APAC, and EMEA).

Overview of the global semiconductor test systems market

Market research analysts at Technavio predict that the global semiconductor test systems market will grow at a CAGR of around 6% by 2021. Smartphones that are currently available in the market have a high density of semiconductor devices integrated to support various functionalities, such as wireless communication, sensing, motion control, and voice control. Consequently, smartphones are becoming increasingly integral to businesses and more applications are being developed for smartphones. The emergence of connected devices and their increasing adoption among consumers has influenced the growth of devices with strong connectivity features. With the innovations in technology making it more complex to test smartphones and other devices, semiconductor manufacturers are significantly preferring automated testing.  With the rising demand for smartphones and tablets this increased need for testing the user interface extensions will have a positive impact on the growth of the semiconductor test systems market.

The rising demand for semiconductor chips in automotive systems will be one of the key trends behind the growth of the semiconductor test systems market. Semiconductors are useful in ensuring the safety of automobiles and as a result, the automotive sector is one of the major end users of semiconductors. Semiconductor components that are used in automobiles for powertrain, transmission, steering, lighting, power management, HVAC, sensors, and fuel management applications have the need to undergo a specific set of tests before they are integrated into automobiles. Test systems are used to test the attributes of automotive ICs such as power efficiency, time lag for data transmission, range of operation, and endurance, resulting in the increase of demand for test systems in this market.

Competitive landscape and key vendors

The semiconductor test systems market is moderately competitive and consists of few established players competing with many small players who have a significant presence in the market. The market is volatile due to technological advancements and the changing needs and preference of the consumers. The vendors must innovate and adapt to the changes in the semiconductor technology to meet the customers? needs to gain competitive advantage in the market.

The leading vendors in the market are -

•  Advantest
• Amkor Technology
• Danaher
• Sanmina

The other prominent vendors in the market are Keysight Technologies, Texas Instruments, Tokyo Electron, and Teradyne.

Segmentation by application and analysis of the semiconductor test systems market

• Medical
• IT and Telecom
• Consumer electronics
• Automotive electronics
• Defense

Semiconductor chips are used in various applications in the defense segment such as military and commercial aviation, ground tactical and other defense applications, and industrial and space flight programs as semiconductor test systems enable in achieving precision and accuracy. The increased spending from the governments of various countries towards the defense sector increases the market's revenue potential from this segment. This market research study estimates that the defense segment will account for the major shares of this global market throughout the forecast period.

Geographical segmentation and analysis of the semiconductor test systems market

• Americas
• APAC
• EMEA

APAC will be the major revenue contributor to the semiconductor test systems market throughout the forecast period. The presence of several original equipment manufacturers (OEMs) for smartphones, tablets, and computers will be a major factor influencing the growth of the market in this region.

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 semiconductor test systems market?
• What are the key market trends impacting the growth of the global semiconductor test systems market?
• What are the challenges to market growth?
• Who are the key vendors in the global semiconductor test systems market?
• What are the market opportunities and threats faced by the vendors in the global semiconductor test systems market?
• 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 semiconductor test systems market?

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

A semiconductor test system (STS) is a machine that is designed to perform tests on various devices that are referred to as a device under test (DUT). By analyzing the highly fragmented market and its adoption rate, the upcoming industry research report from Technavio on the semiconductor test systems market for the forecast period of 2017 to 2021 will help clients develop sustainable growth strategies. Also, by studying the current market scenario of multiple sectors like embedded systems, computing devices, and sensors, our analysts have identified factors that will play a major role in the growth of the vendors in both the international and regional markets.

To meet the client's specific business requirements, this upcoming market   research report on the semiconductor test systems also takes into account the growth of similar markets such as semiconductor micro components and the oscilloscope market, which are expected to project a CAGR of about 2% and close to 6%, respectively by 2021. According to our industry experts, the exponential growth of the LTE technology across the globe is considered to be the primary reason driving the growth of the semiconductor test systems market in the coming years.

The upcoming report for the semiconductor test systems market also identifies the major drivers, emerging trends, as well as the imminent challenges currently experienced by the semiconductor equipment sector. Additionally, to offer a realistic picture of the future direction of the hardware and semiconductor industry, the market study also presents insights into the changing competitive landscape and the products and services offered by the prominent market suppliers and their presence across various geographical regions.