Global Semiconductor Automated Test Equipment (ATE) Market 2023

Global Semiconductor Automated Test Equipment (ATE) Market 2023

Semiconductor automated test equipment (ATE) is a computer-controlled device that is used to test and verify the performance of semiconductor chips or integrated circuits (ICs). ATE is a crucial part of the semiconductor manufacturing process as it helps to ensure that the chips being produced meet the required specifications and standards. ATE is used to test a wide range of semiconductor devices, including memory chips, microprocessors, digital signal processors, application-specific integrated circuits (ASICs), and field-programmable gate arrays (FPGAs). The equipment is designed to perform various tests such as functional testing, performance testing, reliability testing, and parametric testing. The global semiconductor automated test equipment market is projected to rise by USD 1.3 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 3.69 percent during the forecast period.

This industry report offers market estimates of the global market, followed by a detailed analysis of the product, end user, and region. The global market data on semiconductor automated test equipment can be segmented by product: discrete ATE, memory ATE, non-memory ATE, others. Globally, the non-memory ATE segment made up the largest share of the semiconductor automated test equipment market. Semiconductor automated test equipment market is further segmented by end user: aerospace and defense, automotive, consumer electronics, IT and telecommunication, others. IT and telecommunication was the highest contributor to the global semiconductor automated test equipment market, with 55.7% share in 2022. Going forward, the automotive segment is projected to witness the highest CAGR during the forecast period. Based on region, the semiconductor automated test equipment market is segmented into: Asia-Pacific, Europe, North America, Rest of World (RoW). Asia-Pacific was the largest revenue contributor to the global semiconductor automated test equipment market in 2022 and is anticipated to show the highest growth rate during the forecast period.

The global semiconductor automated test equipment market is highly competitive. The leading players in the semiconductor automated test equipment market include Advantest Corporation, Chroma ATE Inc., Cohu Inc., KingTiger Technology Inc., National Instruments Corporation, Roos Instruments Inc., Semitek Inc., ShibaSoku Co. Ltd., Spea S.p.A., Teradyne Inc., UniTest Inc.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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