Automated Test Equipment Market (Updated Version Available)
Automated Test Equipment Market Size, Share & Trends Analysis, By Type (Logic Testing (Linear or mixed signal equipment, Passive component ATE, and Discrete ATE), Printed Circuit Board Testing, and Interconnection and Verification Testing), Component (Signal Sources, Mass Interconnects, Industrial PCs, Handlers/Probers, and Others), Industry Vertical (Automotive and Transportation, Semiconductor fabrication, Aerospace & Defense, Telecommunication, Consumer Electronics, Healthcare, and Others), By Region, Forecast Period 2023- 2030
Report ID : RI_665610 | Date : April 2023 |
Format : 
Key Market Overview:
Automated Test Equipment Market is projected to grow from USD 6.87 Billion in 2022 to USD 8.99 Billion by 2030, at a CAGR of 3.42% during the forecast period.
Automated Test Equipment (ATE) refers to a type of electronic testing equipment that is capable of performing a variety of tests on electronic devices or systems automatically and with minimal human intervention. ATE is used for a wide range of testing applications, from simple continuity testing to more complex functional and parametric testing. Additionally, ATE is also used in the manufacturing and testing of electronic devices such as integrated circuits, printed circuit boards, and electronic systems is driving market growth.
The increasing demand of ATE in electronic devices to automate the testing process, allowing for faster and more accurate testing is the key driver for the growth of the automated test equipment market. ATE helps to improve the efficiency of the testing process, reducing testing time and costs, to improve the quality and reliability of electronic devices by detecting defects in comparison to manual testing. Furthermore, electronic devices are becoming increasingly complex, with more advanced technologies being developed to improve performance and functionality. ATE is capable of handling the testing requirements of complex systems, ensuring that electronic systems meet the required quality standards. For instance, in March 2022, Smart Test Solutions launched an automated test solution for the LV124 standard for electronic devices. LV124 is a standard for testing the electrical safety of electronic devices used in the automotive industry and compliance with the standard is essential for ensuring the safety and reliability of automotive electronic devices. The solution includes a range of automated test procedures that are designed to test the electrical safety of electronic devices, including voltage drop tests, thermal tests, and overvoltage tests.
Automated Test Equipment Report Coverage:
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Market Dynamics:
Driver:
The growing popularity of the sports industry among people is driving the growth of the sports analytics market. Sports broadcasting has become more accessible with more games being broadcasted and live-streamed online, thereby boosting market growth. Advances in technology have made it easier for people to engage with sports teams and athletes, through social media, mobile apps, and online streaming further attracting a large number of people towards the sports industry. For instance, in September 2021, Cornerstone launched Cornerstone Esports to provide services such as team management, tournament development, and others.
Restraint:
The major factor restraining the growth of the sports analytics market is limited adoption by smaller teams. Sports analytics tools are quite difficult for smaller and under-resourced teams to adopt mainly due to limited financial resources and a shortage of skilled personnel. Furthermore, collecting and analyzing data on athletes and fans raise privacy concerns as the technologies such as big data analytics allows for detailed tracking and analysis. As a result, privacy concerns limit the expansion of the sports analytics market.
Opportunities:
Emerging technologies such as virtual and augmented reality, blockchain, and artificial intelligence have the potential to revolutionize the sports industry. Integrating sports analytics with these technologies is anticipated to provide new insights and opportunities for teams and organizations. Virtual and augmented reality is expected to provide immersive experiences for fans and players watching sports tournaments, For instance, players use VR to visualize game scenarios and improve their decision-making skills, while fans use AR to enhance their viewing experience.
Automated Test Equipment Market Competitive Landscape:
The global automated test equipment market is highly competitive, with several key players vying for market share. The market is characterized by the presence of a large number of vendors, including both multinational corporations and small-to-medium-sized enterprises. Some of the major players operating in the market include:-
• SMART TEST SOLUTIONS GmbH
• VIAVI Solutions Inc.
• Advantech Co., Ltd.
• Yokogawa Test&Measurement Corporation
• Moog Inc.
• Lear Corporation
• Astronics Corporation
• National Instruments Corporation
• Cohu, Inc
• Chroma ATE Inc.
Recent Developments:
• In December 2022, Cohu, Inc. announced a collaboration with CHPT to deliver advanced probe card interface solutions for use in semiconductor testing. Cohu and CHPT will work together to develop new solutions, which will be based on CHPTs advanced probe card interface technology and Cohus high-performance test handling platforms.
• In May 2022, National Instruments released the newest Battery Test System (BTS) for testing electric vehicles (EVs). The solution is intended to assist Tier 1 suppliers and automakers in adapting to the complexity and size of EV battery testing by enhancing customization, automation, and data linkage.
Automated Test Equipment Market Segmentation:
By Type
Based on type, the market is trifurcated into logic testing, printed circuit board testing, and interconnection and verification testing. Logic testing dominates the market and comprises linear or mixed signal equipment, passive component ATE, and discrete ATE. Out of the mentioned equipment, linear or mixed signal equipment accounts for the maximum share as mixed-signal equipment handle both digital and analog signals, becoming more versatile than purely digital or analog equipment. Additionally, mixed-signal equipment provides more accurate and comprehensive testing results by capturing both digital and analog signals simultaneously and driving market growth. For instance, in August 2020, Yokogawa launched the DLM5000, a new generation mixed signal oscilloscope for analyzing and debugging modern electronic circuits that contain both digital and analog signals. The next-generation mixed-signal oscilloscope from Yokogawa has options for four or eight analog inputs to improve performance, accuracy, and ease of use. Printed circuit board testing is expected to witness the fastest CAGR during the forecast period. PCBs are a crucial component in electronic devices such as smartphones, tablets, laptops, and wearables hence, with the growing need for electronic devices the demand for PCB testing is also expected to increase. Additionally, PCBs are required to maintain quality standards and to detect a fault in an electronic device which is projected to drive the growth of the automated test equipment market in upcoming years. For instance, in September 2022, Moog Inc. announced the expansion of the manufacturing facility to meet the growing demand for printed circuit boards. The expansion of Moogs manufacturing facility is due to the rising need for printed circuit boards in a wide range of electronic devices, including computers, smartphones, and other consumer and industrial products. Therefore, the expansion is expected to offer more advanced and innovative solutions to the customers while driving the growth of automated test equipment market.
By Component
The component segment is divided into Signal Sources, Mass Interconnects, Industrial PCs, Handlers/Probers, and Others. Industrial PCs dominate the market as industrial PCs offer high flexibility and customizability, allowing users to configure and upgrade the systems to meet specific testing requirements. Additionally, industrial PCs are equipped with powerful processors to handle complex testing applications and data processing tasks. The high processing power allows ATE systems to perform faster and more accurate tests, improving overall efficiency and productivity and contributing to the growth of ATE market. For instance, in November 2020, Advantech launched its next-generation all-in-one TPC industrial panel PCs. The new industrial PCs feature the latest Intel Core processors and high-resolution displays, providing improved computing performance and visual clarity. Additionally, industrial PCs are also equipped with a range of I/O ports and expansion slots, allowing for easy integration with other industrial automation equipment. Handlers/Probers are expected to witness the fastest CAGR during the forecast period in the semiconductor automated test equipment market. The growing adoption of technologies such as Artificial Intelligence (AI), the Internet of Things (IoT), and 5G is increasing the demand for semiconductor chips which in turn raises the demand for handlers/probes. Moreover, the product lifecycles of semiconductor chips are becoming shorter and demand for effective handlers/probes to test and validate new semiconductor chips more efficiently is predicted to drive market growth.
By Industry Vertical
The industry vertical segment is classified into automotive and transportation, semiconductor fabrication, aerospace & defense, telecommunication, consumer electronics, healthcare, and others. Automotive and transportation dominate the market as ATE is used for testing the performance and durability of engines and transmissions in cars, trucks, and other vehicles. ATE systems simulate various driving conditions and loads to ensure that engines and transmissions meet the required standards for efficiency, reliability, and emissions. Additionally, ATE is used for testing the electrical systems in vehicles, including wiring, sensors, and control modules. ATE systems are designed to detect faults and defects in electrical systems and components, ensuring that the vehicle function properly and meets safety standards. For instance, in November 2022, Lear Corporation announced the strategic acquisition of InTouch Automation. The acquisition aligns with Lears Industry 4.0 strategy of implementing technologies to automate testing and validation while collecting and analyzing real-time data. Consumer electronics is expected to witness the fastest CAGR in the automated test equipment market as ATE is used to test the functionality of the printed circuit board used in various electronic products such as smartphones, laptops, tablets, and other devices. Additionally, display testing has gained application to verify the quality and reliability of displays used in consumer electronics, including LCD, OLED, and AMOLED displays. Moreover, power management testing is used to test the performance and reliability of power management components, including voltage regulators, power MOSFETs, and other components used in electronic devices. For instance, in June 2022, Averna announced the addition of UniLine, an automated universal in-line test platform, to its suite of test platforms. The platform is designed for testing partial or final electronic assemblies in the consumer electronics industry. The platform supports a range of testing functions, including functional testing, boundary scan testing, and ICT testing, and is expected to improve testing speed, accuracy, and flexibility, to produce high-quality products with greater efficiency.
By Region:
Asia Pacific dominates the market as Asia Pacific is a major hub for electronics manufacturing, with countries including China, Japan, South Korea, and Taiwan being major producers of electronic devices and components. The manufacturing sector creates a high demand for ATE solutions in the region, as manufacturers require accurate and reliable testing equipment to ensure the quality of the products. Additionally, governments and private companies in the Asia Pacific region are investing heavily in product development that increases the demand for advanced ATE solutions to offer greater accuracy, speed, and flexibility.
North America is expected to witness the fastest CAGR in the market due to the developed medical infrastructure that demands ATE to test medical devices, such as implantable devices, diagnostic equipment, and monitoring devices. ATE is used to perform various tests on medical devices, such as functional testing, performance testing, and reliability testing that is expected to drive the growth of the market in upcoming years. For instance, in April 2021, Astronics Corporation announced the release of next-generation circuit card diagnostic and test system, the CTS 6000. The CTS 6000 is a highly advanced test platform designed to provide superior diagnostic capabilities and improve the efficiency of circuit card testing. CTS 600 features advanced automated testing capabilities, real-time diagnostic monitoring, and a highly intuitive user interface to improve the efficiency of testing process.
Automated Test Equipment Market is projected to grow from USD 6.87 Billion in 2022 to USD 8.99 Billion by 2030, at a CAGR of 3.42% during the forecast period.
Automated Test Equipment (ATE) refers to a type of electronic testing equipment that is capable of performing a variety of tests on electronic devices or systems automatically and with minimal human intervention. ATE is used for a wide range of testing applications, from simple continuity testing to more complex functional and parametric testing. Additionally, ATE is also used in the manufacturing and testing of electronic devices such as integrated circuits, printed circuit boards, and electronic systems is driving market growth.
The increasing demand of ATE in electronic devices to automate the testing process, allowing for faster and more accurate testing is the key driver for the growth of the automated test equipment market. ATE helps to improve the efficiency of the testing process, reducing testing time and costs, to improve the quality and reliability of electronic devices by detecting defects in comparison to manual testing. Furthermore, electronic devices are becoming increasingly complex, with more advanced technologies being developed to improve performance and functionality. ATE is capable of handling the testing requirements of complex systems, ensuring that electronic systems meet the required quality standards. For instance, in March 2022, Smart Test Solutions launched an automated test solution for the LV124 standard for electronic devices. LV124 is a standard for testing the electrical safety of electronic devices used in the automotive industry and compliance with the standard is essential for ensuring the safety and reliability of automotive electronic devices. The solution includes a range of automated test procedures that are designed to test the electrical safety of electronic devices, including voltage drop tests, thermal tests, and overvoltage tests.
Automated Test Equipment Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2017-2030 |
| Market Size in 2030 (USD Billion) | USD 8.99 Billion |
| CAGR (2023-2030) | 3.42 % |
| Base Year | 2022 |
| By Type |
|
| By Component | Signal Sources, Mass Interconnects, Industrial PCs, Handlers/Probers, and Others |
| By Industry Vertical | Automotive and Transportation, Semiconductor fabrication, Aerospace & Defense, Telecommunication, Consumer Electronics, Healthcare, and Others |
| By Geography |
|
| Key Players | SMART TESTSOLUTIONS GmbH, VIAVI Solutions Inc., Advantech Co., Ltd., Yokogawa Test&Measurement Corporation, Moog Inc., Lear Corporation, Astronics Corporation, National Instruments Corporation, Cohu, Inc, Chroma ATE Inc. |
Market Dynamics:
Driver:
The growing popularity of the sports industry among people is driving the growth of the sports analytics market. Sports broadcasting has become more accessible with more games being broadcasted and live-streamed online, thereby boosting market growth. Advances in technology have made it easier for people to engage with sports teams and athletes, through social media, mobile apps, and online streaming further attracting a large number of people towards the sports industry. For instance, in September 2021, Cornerstone launched Cornerstone Esports to provide services such as team management, tournament development, and others.
Restraint:
The major factor restraining the growth of the sports analytics market is limited adoption by smaller teams. Sports analytics tools are quite difficult for smaller and under-resourced teams to adopt mainly due to limited financial resources and a shortage of skilled personnel. Furthermore, collecting and analyzing data on athletes and fans raise privacy concerns as the technologies such as big data analytics allows for detailed tracking and analysis. As a result, privacy concerns limit the expansion of the sports analytics market.
Opportunities:
Emerging technologies such as virtual and augmented reality, blockchain, and artificial intelligence have the potential to revolutionize the sports industry. Integrating sports analytics with these technologies is anticipated to provide new insights and opportunities for teams and organizations. Virtual and augmented reality is expected to provide immersive experiences for fans and players watching sports tournaments, For instance, players use VR to visualize game scenarios and improve their decision-making skills, while fans use AR to enhance their viewing experience.
Automated Test Equipment Market Competitive Landscape:
The global automated test equipment market is highly competitive, with several key players vying for market share. The market is characterized by the presence of a large number of vendors, including both multinational corporations and small-to-medium-sized enterprises. Some of the major players operating in the market include:-
• SMART TEST SOLUTIONS GmbH
• VIAVI Solutions Inc.
• Advantech Co., Ltd.
• Yokogawa Test&Measurement Corporation
• Moog Inc.
• Lear Corporation
• Astronics Corporation
• National Instruments Corporation
• Cohu, Inc
• Chroma ATE Inc.
Recent Developments:
• In December 2022, Cohu, Inc. announced a collaboration with CHPT to deliver advanced probe card interface solutions for use in semiconductor testing. Cohu and CHPT will work together to develop new solutions, which will be based on CHPTs advanced probe card interface technology and Cohus high-performance test handling platforms.
• In May 2022, National Instruments released the newest Battery Test System (BTS) for testing electric vehicles (EVs). The solution is intended to assist Tier 1 suppliers and automakers in adapting to the complexity and size of EV battery testing by enhancing customization, automation, and data linkage.
Automated Test Equipment Market Segmentation:
By Type
Based on type, the market is trifurcated into logic testing, printed circuit board testing, and interconnection and verification testing. Logic testing dominates the market and comprises linear or mixed signal equipment, passive component ATE, and discrete ATE. Out of the mentioned equipment, linear or mixed signal equipment accounts for the maximum share as mixed-signal equipment handle both digital and analog signals, becoming more versatile than purely digital or analog equipment. Additionally, mixed-signal equipment provides more accurate and comprehensive testing results by capturing both digital and analog signals simultaneously and driving market growth. For instance, in August 2020, Yokogawa launched the DLM5000, a new generation mixed signal oscilloscope for analyzing and debugging modern electronic circuits that contain both digital and analog signals. The next-generation mixed-signal oscilloscope from Yokogawa has options for four or eight analog inputs to improve performance, accuracy, and ease of use. Printed circuit board testing is expected to witness the fastest CAGR during the forecast period. PCBs are a crucial component in electronic devices such as smartphones, tablets, laptops, and wearables hence, with the growing need for electronic devices the demand for PCB testing is also expected to increase. Additionally, PCBs are required to maintain quality standards and to detect a fault in an electronic device which is projected to drive the growth of the automated test equipment market in upcoming years. For instance, in September 2022, Moog Inc. announced the expansion of the manufacturing facility to meet the growing demand for printed circuit boards. The expansion of Moogs manufacturing facility is due to the rising need for printed circuit boards in a wide range of electronic devices, including computers, smartphones, and other consumer and industrial products. Therefore, the expansion is expected to offer more advanced and innovative solutions to the customers while driving the growth of automated test equipment market.
By Component
The component segment is divided into Signal Sources, Mass Interconnects, Industrial PCs, Handlers/Probers, and Others. Industrial PCs dominate the market as industrial PCs offer high flexibility and customizability, allowing users to configure and upgrade the systems to meet specific testing requirements. Additionally, industrial PCs are equipped with powerful processors to handle complex testing applications and data processing tasks. The high processing power allows ATE systems to perform faster and more accurate tests, improving overall efficiency and productivity and contributing to the growth of ATE market. For instance, in November 2020, Advantech launched its next-generation all-in-one TPC industrial panel PCs. The new industrial PCs feature the latest Intel Core processors and high-resolution displays, providing improved computing performance and visual clarity. Additionally, industrial PCs are also equipped with a range of I/O ports and expansion slots, allowing for easy integration with other industrial automation equipment. Handlers/Probers are expected to witness the fastest CAGR during the forecast period in the semiconductor automated test equipment market. The growing adoption of technologies such as Artificial Intelligence (AI), the Internet of Things (IoT), and 5G is increasing the demand for semiconductor chips which in turn raises the demand for handlers/probes. Moreover, the product lifecycles of semiconductor chips are becoming shorter and demand for effective handlers/probes to test and validate new semiconductor chips more efficiently is predicted to drive market growth.
By Industry Vertical
The industry vertical segment is classified into automotive and transportation, semiconductor fabrication, aerospace & defense, telecommunication, consumer electronics, healthcare, and others. Automotive and transportation dominate the market as ATE is used for testing the performance and durability of engines and transmissions in cars, trucks, and other vehicles. ATE systems simulate various driving conditions and loads to ensure that engines and transmissions meet the required standards for efficiency, reliability, and emissions. Additionally, ATE is used for testing the electrical systems in vehicles, including wiring, sensors, and control modules. ATE systems are designed to detect faults and defects in electrical systems and components, ensuring that the vehicle function properly and meets safety standards. For instance, in November 2022, Lear Corporation announced the strategic acquisition of InTouch Automation. The acquisition aligns with Lears Industry 4.0 strategy of implementing technologies to automate testing and validation while collecting and analyzing real-time data. Consumer electronics is expected to witness the fastest CAGR in the automated test equipment market as ATE is used to test the functionality of the printed circuit board used in various electronic products such as smartphones, laptops, tablets, and other devices. Additionally, display testing has gained application to verify the quality and reliability of displays used in consumer electronics, including LCD, OLED, and AMOLED displays. Moreover, power management testing is used to test the performance and reliability of power management components, including voltage regulators, power MOSFETs, and other components used in electronic devices. For instance, in June 2022, Averna announced the addition of UniLine, an automated universal in-line test platform, to its suite of test platforms. The platform is designed for testing partial or final electronic assemblies in the consumer electronics industry. The platform supports a range of testing functions, including functional testing, boundary scan testing, and ICT testing, and is expected to improve testing speed, accuracy, and flexibility, to produce high-quality products with greater efficiency.
By Region:
Asia Pacific dominates the market as Asia Pacific is a major hub for electronics manufacturing, with countries including China, Japan, South Korea, and Taiwan being major producers of electronic devices and components. The manufacturing sector creates a high demand for ATE solutions in the region, as manufacturers require accurate and reliable testing equipment to ensure the quality of the products. Additionally, governments and private companies in the Asia Pacific region are investing heavily in product development that increases the demand for advanced ATE solutions to offer greater accuracy, speed, and flexibility.
North America is expected to witness the fastest CAGR in the market due to the developed medical infrastructure that demands ATE to test medical devices, such as implantable devices, diagnostic equipment, and monitoring devices. ATE is used to perform various tests on medical devices, such as functional testing, performance testing, and reliability testing that is expected to drive the growth of the market in upcoming years. For instance, in April 2021, Astronics Corporation announced the release of next-generation circuit card diagnostic and test system, the CTS 6000. The CTS 6000 is a highly advanced test platform designed to provide superior diagnostic capabilities and improve the efficiency of circuit card testing. CTS 600 features advanced automated testing capabilities, real-time diagnostic monitoring, and a highly intuitive user interface to improve the efficiency of testing process.
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| Multi user | : $5460 |
| Corporate user | : $7460 |
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