Global Automated Test Equipment Market Size & Outlook
Global automated test equipment market, 2017-2030 (US$M)
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Global automated test equipment market highlights
- The global automated test equipment market generated a revenue of USD 7,643.8 million in 2023 and is expected to reach USD 9,566.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.3% by 2030.
- In terms of segment, non-memory ate accounted for a revenue of USD 5,060.1 million in 2023.
- Memory ATE is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 7,643.8 million |
| Market revenue in 2030 | USD 9,566.5 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Non-memory ate |
| Fastest growing segment | Memory ATE |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Non-Memory ATE, Memory ATE, Discrete ATE |
Other key industry trends
- In terms of revenue, the North America accounted for 17.7% of the global automated test equipment market in 2023.
- By country, the Taiwan is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 18.1 million by 2030.
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Automated Test Equipment Market Scope
Automated Test Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global automated test equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automated test equipment market will help companies and investors design strategic landscapes.
Non-memory ate was the largest segment with a revenue share of 66.2% in 2023. Horizon Databook has segmented the Global automated test equipment market based on non-memory ate, memory ate, discrete ate covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Automated Test Equipment Product Outlook (Revenue, USD Million, 2017-2030)
- Non-Memory ATE
- Memory ATE
- Discrete ATE
- Global Automated Test Equipment Type Outlook (Revenue, USD Million, 2017-2030)
- Logic Testing
- Linear or mixed Signal Equipment
- Passive Component ATE
- Discrete ATE
- Printed Circuit Board (PCB) Testing
- Interconnection and Verification Testing
- Logic Testing
- Global Automated Test Equipment Vertical Outlook (Revenue, USD Million, 2017-2030)
- Automotive
- Consumer
- Aerospace & Defense
- IT& Telecommunicatios
- Others
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Our clientele includes a mix of automated test equipment market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global automated test equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global automated test equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global automated test equipment market size, by regions, 2017-2030 (US$M)
Top 10 countries: Automated test equipment market size, 2023 (US$M)
Global automated test equipment market share, by product, 2023 & 2030 (%, US$M)
Automated test equipment market: Opportunity assessment by country
Global automated test equipment market, by region, 2023 (US$M)
| Product | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,090.7 | 1,137.4 | 1,184.3 | 1,227.1 | 1,269.5 | 1,311.7 | 1,353.6 | 1,395.3 | 1,437.5 | 1,480.3 | 1,523.8 | 1,567.8 | 1,612.4 | 1,657.6 | 2.9% |
| Europe | 327.3 | 336.3 | 344.9 | 351.9 | 358.4 | 364.3 | 369.8 | 374.8 | 379.5 | 384.0 | 388.1 | 392.0 | 395.5 | 398.7 | 1.1% |
| Asia Pacific | 4,547.4 | 4,767.0 | 4,989.6 | 5,196.8 | 5,405.0 | 5,613.9 | 5,823.8 | 6,034.5 | 6,250.0 | 6,470.2 | 6,695.3 | 6,925.2 | 7,159.9 | 7,399.4 | 3.5% |
| Latin America | 24.0 | 25.0 | 26.0 | 27.0 | 27.9 | 28.8 | 29.7 | 30.6 | 31.5 | 32.5 | 33.4 | 34.4 | 35.4 | 36.4 | 2.9% |
| MEA | 58.0 | 59.8 | 61.5 | 63.0 | 64.4 | 65.7 | 66.9 | 68.1 | 69.2 | 70.4 | 71.4 | 72.5 | 73.5 | 74.5 | 1.5% |
| Overall | 6,047.4 | 6,325.4 | 6,606.3 | 6,865.7 | 7,125.1 | 7,384.4 | 7,643.8 | 7,903.2 | 8,167.7 | 8,437.4 | 8,712.1 | 8,991.8 | 9,276.7 | 9,566.5 | 3.3% |
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