Global Semiconductor Test Equipment Market Growth 2025-2031

Global Semiconductor Test Equipment Market Growth 2025-2031

The global Semiconductor Test Equipment market size is predicted to grow from US$ 4118 million in 2025 to US$ 4979 million in 2031; it is expected to grow at a CAGR of 3.2% from 2025 to 2031.

Semiconductor Test Equipment consists of a variety of instruments or cards for testing memory, digital, and mixed-signal at the wafer and Packaged stages, and single-chip system (SoC) components that are also in the wafer and Packaged stages.

Asia-Pacific is the largest Semiconductor Test Equipment market with about 79% market share. North America is follower, accounting for about 11% market share.

The key players are Teradyne, Advantest, LTX-Credence, Cohu, Astronics, Chroma, SPEA, Averna, Shibasoku, ChangChuan, Macrotest, Huafeng etc. Top 3 companies occupied about 52% market share.

LP Information, Inc. (LPI) ' newest research report, the “Semiconductor Test Equipment Industry Forecast” looks at past sales and reviews total world Semiconductor Test Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Semiconductor Test Equipment sales for 2025 through 2031. With Semiconductor Test Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Semiconductor Test Equipment industry.

This Insight Report provides a comprehensive analysis of the global Semiconductor Test Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Semiconductor Test Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Semiconductor Test Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Semiconductor Test Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Semiconductor Test Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Semiconductor Test Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Wafer Test Equipment
Packaged Device Test Equipment

Segmentation by Application:
Automotive Electronics
Consumer Electronics
Communications
Computer
Industrial/Medical
Military/Aviation

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Teradyne
Advantest
LTX-Credence
Cohu
Astronics
Chroma
SPEA
Averna
Shibasoku
ChangChuan
Macrotest
Huafeng

Key Questions Addressed in this Report

What is the 10-year outlook for the global Semiconductor Test Equipment market?

What factors are driving Semiconductor Test Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Semiconductor Test Equipment market opportunities vary by end market size?

How does Semiconductor Test Equipment break out by Type, by Application?