South Korea Automated Test Equipment Market Size & Outlook
The automated test equipment market in South Korea is expected to reach a projected revenue of US$ 415.8 million by 2030. A compound annual growth rate of 2.2% is expected of South Korea automated test equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$356.4
Forecast, 2030 (US$M)
$415.8
CAGR, 2024 - 2030
2.2%
Report Coverage
South Korea
South Korea automated test equipment market, 2017-2030 (US$M)
Related Markets
South Korea automated test equipment market highlights
- The South Korea automated test equipment market generated a revenue of USD 356.4 million in 2023 and is expected to reach USD 415.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 2.2% 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.
Automated test equipment market data book summary
| Market revenue in 2023 | USD 356.4 million |
| Market revenue in 2030 | USD 415.8 million |
| Growth rate | 2.2% (CAGR from 2023 to 2030) |
| Largest segment | Non-memory ate |
| Fastest growing segment | Memory ATE |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Korea accounted for 4.7% of the global automated test equipment market in 2023.
- Country-wise, Taiwan is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Taiwan automated test equipment market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,031.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Automated Test Equipment Market Scope
Automated test equipment market segmentation & scope
Automated Test Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 59.93% in 2023. Horizon Databook has segmented the South Korea 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.
- South Korea Automated Test Equipment Product Outlook (Revenue, USD Million, 2017-2030)
- Non-Memory ATE
- Memory ATE
- Discrete ATE
- South Korea 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
- South Korea Automated Test Equipment Vertical Outlook (Revenue, USD Million, 2017-2030)
- Automotive
- Consumer
- Aerospace & Defense
- IT& Telecommunicatios
- Others
Reasons to subscribe to South Korea automated test equipment market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea automated test equipment market databook
-
Our clientele includes a mix of automated test equipment market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea automated test equipment market , including forecasts for subscribers. This country databook contains high-level insights into South Korea automated test equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea automated test equipment market size, by product, 2017-2030 (US$M)
South Korea Automated Test Equipment Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
