Global Automated Test Equipment Market Size & Outlook

The automated test equipment industry worldwide is expected to reach a projected revenue of US$ 9,566.5 million by 2030. A compound annual growth rate of 3.3% is expected of the worldwide automated test equipment industry from 2024 to 2030.
Revenue, 2023 (US$M)
$7,643.8
Forecast, 2030 (US$M)
$9,566.5
CAGR, 2024 - 2030
3.3%
Report Coverage
Worldwide

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 2023USD 7,643.8 million
Market revenue in 2030USD 9,566.5 million
Growth rate3.3% (CAGR from 2023 to 2030)
Largest segmentNon-memory ate
Fastest growing segmentMemory ATE
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNon-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 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
  • Global Automated Test Equipment Vertical Outlook (Revenue, USD Million, 2017-2030)
    • Automotive
    • Consumer
    • Aerospace & Defense
    • IT& Telecommunicatios
    • Others

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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)

Global automated test equipment market size, by regions, 2017-2030 (US$M)

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