Global Automated Test Equipment (ATE) Market Analysis & Outlook 2014-2025 - Increased Usage in Virtual Reality & Wireless Communication Industries - ResearchAndMarkets.com
Summary
DUBLIN--(BUSINESS WIRE)--The "Automated Test Equipment Market Analysis by Product (Non-Memory, Memory, Discrete), By Vertical (Automotive, Consumer, Defense, IT & Telecom), By Region, And Segment Forecasts, 2014 - 2025" report has been added to ResearchAndMarkets.coms offering. Increasing adoption of System-on chip and high demand for consumer electronics are the key drivers for the market growth over the forecast period. Growing electronic content in automotive sector and penetration of smartphones is expected to drive the ATE market over the forecast period. Additionally, considerable technological advancements coupled with design complexity and the need for adequate testing is expected to impact the global ATE industry positively. Semiconductor companies focus on improving their fabrication technology and look for efficient ways of testing to reduce losses due to damages.