Thursday, December 20, 2012
Global ATE market to reach $4.36 billion in 2018
USA: According to a new report published by Transparency Market Research "Automated Test Equipment (ATE) Market - Global Industry Analysis, Size, Share and Forecast, 2012 - 2018", the Automated Test Equipment (ATE) market was valued at $3.54 billion in 2011 and is expected to reach $4.36 billion in 2018, growing at a CAGR of 2.88 percent from 2012 to 2018.
The Asia Pacific ATE market accounted for over 75 percent of the global ATE market in 2011 and will remain a majority shareholder till the end of the forecast period as well.
The last few years have seen a considerable growth in the volume of electronics and telecom equipment manufactured. Integrated circuits on a wafer have to be tested prior to die preparation and this makes automated test equipment extremely vital for semiconductor manufacturing. Post the packaging of the integrated circuit, the packaged chips need to be tested again using a variety of special test patterns.
Across the globe, semiconductor manufacturers use ATE to test the devices they manufacture and which are then incorporated in a variety of products ranging from televisions, personal computers, digital cameras, music players and mobile phones to mobile internet equipment and power management in automotive and portable electronics.
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