The APAC market accounts for the highest market and is followed by the Americas and Europe respectively.
(PRWEB) October 08, 2014
According to a new market research report "Automated Test Equipment Market by Component (Industrial PC, Mass Interconnect, Handler, Prober), Type (Memory, Mixed Signal, Digital), Application (Consumer, Automotive, Aerospace & Defense, Medical) and by Geography - Analysis & Forecast (2013-2020)", published by MarketsandMarkets, the total value of automated test equipment market is expected to reach $4.13 Billion by 2020 at a CAGR of 2.80% from 2014 to 2020.
Browse 77 market data Tables with 51 Figures spread through 180 Pages and in-depth TOC on "Automated Test Equipment Market Global Trends and Forecast From 2013 to 2020".
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The Automated Test Equipment (ATE) Market comprises the sophisticated automated testing system used for the various applications such as consumer electronics, automotive, aerospace and defense, and medical. ATE plays an important role in automatically diagnosing and testing faults in wafers, integrated circuits, chips, printed circuit boards, and other electronic parts. It is extensively used in the semiconductor industry in order to test electronic systems and electronic semiconductor components for defects throughout the manufacturing process to ensure good quality production in less time. The report covers the" Global Automated Test Equipment Market" and all its aspects with future opportunities, drivers, restraints, and others in detail.
The geographic split for the Automated Test Equipment (ATE) Market is included in the report. The overall market is divided into five major geographic segments- The Americas, Europe, Asia-Pacific, and Rest of the World. In APAC, Taiwan is considered to be the market leader in the overall automated test equipment market.
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The major players in the Automated Test Equipment Market include, Teradyne Inc. (U.S.), Advantest Corporation (Japan), and LTX-Credence (U.S.).
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