Middle East & Africa Automated Test Equipment Market Size & Outlook
Middle East & Africa automated test equipment market, 2017-2030 (US$M)
Related Markets
MEA automated test equipment market highlights
- The MEA automated test equipment market generated a revenue of USD 66.9 million in 2023.
- The market is expected to grow at a CAGR of 1.5% from 2024 to 2030.
- In terms of segment, non-memory ate was the largest revenue generating product in 2023.
- Discrete ATE is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 66.9 million |
| Market revenue in 2030 | USD 74.5 million |
| Growth rate | 1.5% (CAGR from 2023 to 2030) |
| Largest segment | Non-memory ate |
| Fastest growing segment | Discrete 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 |
| Key market players worldwide | ChromaDex 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, MEA region accounted for 0.9% 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 Scope
Automated Test Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 52.91% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
- Middle East & Africa Automated Test Equipment Product Outlook (Revenue, USD Million, 2017-2030)
- Non-Memory ATE
- Memory ATE
- Discrete ATE
- Middle East & Africa 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
- Middle East & Africa Automated Test Equipment Vertical Outlook (Revenue, USD Million, 2017-2030)
- Automotive
- Consumer
- Aerospace & Defense
- IT& Telecommunicatios
- Others
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Target buyers of Middle East & Africa automated test equipment market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 continent-level data and insights on the Middle East & Africa automated test equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa automated test equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Automated Test Equipment Market Outlook Share, 2023 & 2030 (US$M)
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