SoC test equipment is used by semiconductor manufacturers to test the SoCs before final packaging to ensure fault-free production of chips. SoC testing helps detect fabrication errors, timing faults, and electrical interferences. SoC test equipment helps semiconductor manufacturers increase the production yield by high throughput and high parallel test capabilities.
IT and telecommunication segment accounted for the majority market share during 2017 and will continue to dominate the market for the next few years. One of the major factors responsible for the market segment's growth is the increasing implementation of a new generation chip called microservers, which is based on SoCs. Furthermore, these chips provide cheaper and simpler options to data centers, unlike other conventional chips that require a detailed understanding as well as testing for noise isolation, signal integrity, and thermal management.
In terms of geography, APAC accounted for the majority market share during 2017 and will continue to dominate the market until the end of 2023. Some of the major factors responsible for the dominance of APAC is the high concentration of semiconductor manufacturers in the region and presence of a large number of semiconductor foundries, OSATs, fabless semiconductor companies, and consumer electronic device manufacturers.
The SOC Test Equipments Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.
The report offers detailed coverage of SOC Test Equipment industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading SOC Test Equipment by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global SOC Test Equipment market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global SOC Test Equipment market for 2015-2027.
Key Companies
Advantest
Teradyne
Xcerra
Astronics Test Systems
Chroma ATE
Lorlin Test Systems
Marvin Test Solutions
National Instruments
Roos Instruments
SOC Test Equipments Market by Type
Automatic SOC Test Equipment
Semi-Automatic SOC Test Equipment
SOC Test Equipments Market by Application
IT and Telecommunication
Consumer Electronics
Automotive
Other
SOC Test Equipments Market by Region
United States
Europe
China
Japan
Other Regions
SOC Test Equipments Market Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
At the same time, we classify SOC Test Equipment according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the SOC Test Equipment market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the SOC Test Equipment market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the SOC Test Equipment market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the SOC Test Equipment market for the forecast period 2021 - 2027?
• What are the driving forces in the SOC Test Equipment market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the SOC Test Equipment industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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