Strategic Insights into the Automated Test Equipment Market: Future Forecast

1. MarketsandMarkets Presents The Automated Test Equipment Market is expected to grow from USD 7.0 billion in 2022 to USD 8.8 billion by 2027; it is expected to grow at a CAGR of 4.7% during the forecast period. The sudden outbreak and widespread of the COVID-19 pandemic have affected the market growth, and the trend is expected to continue till the disrupted supply chains across the globe normalize. During the last few months of 2020, the semiconductor industry witnessed a shortage in supply owing to the shutdown of manufacturing units and the slowdown of logistics activities. However, swift recovery is expected in the post-pandemic period due to increase in semiconductor fabrication processes.

2. MarketsandMarkets Presents Printed Circuit Board Testing to witness the highest CAGR during the forecast period. A printed circuit board (PCB) is a basic component of any electronic circuit. The growing use of surface-mount components combined with multiple layers has increased the complexity of PCBs. As the applications of PCBs are endless, the common requirement that all PCBs are expected to meet is to function correctly according to the project specifications. Download https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=2372 75050 PDF Brochure @

3. MarketsandMarkets Presents Printed Circuit Board Testing to witness the highest CAGR during the forecast period. As the semiconductor fabrication technology is advancing, electronic circuits now include hundreds of components with multiple welds and interconnects. With increase in complexity, demand for PCB is also increasing and expected to grow with the highest CAGR during the forecast period.

4. MarketsandMarkets Presents Industrial PCs is expected to have the largest market size during the forecast period Industrial PCs have dominated this market. An industrial PC in an ATE system acts as a controller. Industrial PCs are designed in such a way that they can be used in a rugged industrial environment. These PCs are installed in a rugged rack mounting enclosure, thereby reducing the required wiring. They are used to control machinery and other controllable electrical systems and, therefore, possess high resistance to vibration, noise, temperature, and dust. Speak https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=23 7275050 to Analyst @

5. MarketsandMarkets Presents Semiconductor Fabrication to have the largest market size during the forecast period. In recent years, the growing demand for semiconductors has led front- end semiconductor fabrication facilities, or fabs, to run above 80% capacity utilization, with some fabs running as high as 90–100%. However, as semiconductors are extremely complicated to fabricate, increasing the semiconductor capacity utilization takes time. The semiconductors industry is significantly utilization to meet the increased demand caused by the current global chip shortage. increasing fab capacity

6. MarketsandMarkets Presents China to grow with the highest CAGR in APAC region during the forecast period China to grow with highest CAGR in APAC region. It is considered the global manufacturing hub for various industries, such as electronics, semiconductors, and automotive. It is one of the fastest-growing economies in the world. China, during the pandemic, has also developed and designed a range of medical devices during critical times. This allowed it to prove its credibility to ensure production in tough times and meet the global demand. Additionally, the country is also the world’s fastest-growing consumer market that directly competes with the US and a few countries in Western Europe.

7. MarketsandMarkets Presents Key Players Advantest Corporation (Japan), Teradyne (US), National Instruments (US), Chroma ATE (Taiwan), Astronics Corporation (US), STAr Technologies (Taiwan), Roos Instruments (US), Marvin Test Solutions (US), Cohu (US), and OMRON Corporation (Japan), TESEC Corporation(Japan), Danaher(US), ESPEC North America(US), JTAG Technologies(Netherlands), Vaunix(US), JFW Industries(US), Aemulus(Malaysia), Festo(Germany), Nikon Metrology(Belgium), Carl Zeiss AG (Germany), Viscom AG(Germany), Keysight Technologies(US), Artiflex Engineering(South Africa), etc. Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/automated- test-equipment-market-237275050.html

8. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

9. MarketsandMarkets Presents Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/automated-test- equipment.asp