Industry Insights
The ATE market has potential for high growth due to demand from
consumer electronics industry. ATE is mainly employed to test the
performance and functionality of the device being tested, which is known
as Device Under Test (DUT). Owing to the cost efficient high volume
testing characteristics, this equipment is being used widely in
electronic industry. The market is largely dependent on semiconductor
chip volume; increasing chip volume is expected to drive global ATE
demand.
Growing complexity in design coupled with increasing range of
consumer electronics products has generated effective testing equipment
demand, which is expected to be addressed by ATE devices. The
consolidated nature of the global market coupled with complete
dependency on the cyclic nature of the semiconductor industry may hamper
market growth.
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The global ATE market is estimated to reach USD 4.48 billion by 2020.
Development of wireless networks with growing need for green and energy
effective ICs has enabled market participants to remain competitive.
Technological advancements in manufacturing processes of semiconductor
industry are expected to provide growth opportunity for the ATE market
within the forecast period.
Product Insights
Key product segments include memory, non-memory and discrete systems.
Non-memory system was estimated at over 70% of the global market share
in 2013 and is expected to be the dominant segment. This is mainly due
to increased automotive demand, growing number of microcontroller-based
applications, increased proliferation of smartphones and development of
Long Term Evolution (LTE) wireless communication standards into the
market. Non-memory ATE is in high demand among various applications.
Memory ATE has witnessed more cyclical variations in growth rate than
non-memory ATE, which is expected to continue over the forecast period.
Application Insights
On the basis of application, the ATE market is segregated into IT
& telecommunication, automotive, consumer and defense. IT &
telecommunication was estimated to be over 50% of the global market in
2013 and is expected to be the most dominant market by 2020. This can
mainly be attributed to increased emphasis on effective communication
and production of tablets, smartphones as well as computers.
Increased demand for smart electronics and new product development in
the consumer electronics market has led to a considerable market share
in the global ATE market. Automotive sector is also expected to exhibit
significant growth with the increased incorporation of sophisticated
electronic devices in automobiles.
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Regional Insights
Asia Pacific was estimated to account for over 70% of the market
share in 2013 and is estimated to be the dominant market over the
forecast period. This may be attributed to rapid technological
development and existence of a large number of semiconductor industries
in the region. U.S., Japan, South Korea and Taiwan constitute the key
regional markets. Increased adoption and changing customer needs is
expected to create favorable growth prospects in the RoW region.
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