Europe Automated Test Equipment Market Size & Outlook

The automated test equipment market in Europe is expected to reach a projected revenue of US$ 398.7 million by 2030. A compound annual growth rate of 1.1% is expected of Europe automated test equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$369.8
Forecast, 2030 (US$M)
$398.7
CAGR, 2024 - 2030
1.1%
Report Coverage
Europe

Europe automated test equipment market highlights

  • The Europe automated test equipment market generated a revenue of USD 369.8 million in 2023.
  • The market is expected to grow at a CAGR of 1.1% from 2024 to 2030.
  • In terms of segment, non-memory ate was the largest revenue generating product in 2023.
  • Memory ATE is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 369.8 million
Market revenue in 2030USD 398.7 million
Growth rate1.1% (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
Key market players worldwideChromaDex Corp, Viavi Solutions Inc, Astronics Corp, Advantest Corp, Cohu Inc, Teradyne Inc, Danaher Corp, STAr Technologies, Roos Instruments, Marvin Test Solutions, TESEC, Aemulus

Other key industry trends

  • In terms of revenue, Europe region accounted for 4.8% of the global automated test equipment market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 7,399.4 million by 2030.

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Automated Test Equipment Market Companies

Name Profile # Employees HQ Website

Europe 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 57.38% in 2023. Horizon Databook has segmented the Europe 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.


  • Europe Automated Test Equipment Product Outlook (Revenue, USD Million, 2017-2030)
    • Non-Memory ATE
    • Memory ATE
    • Discrete ATE
  • Europe 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
  • Europe 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 continent-level data and insights on the Europe automated test equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Europe automated test equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Europe automated test equipment market size, by country, 2017-2030 (US$M)

Europe Automated Test Equipment Market Outlook Share, 2023 & 2030 (US$M)

Europe automated test equipment market size, by country, 2017-2030 (US$M)

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