Global Automated Test Equipment Market 2018-2022 | Augmented Production of Electronic Goods Drives Growth | Technavio

LONDON–(BUSINESS WIRE)–#ResearchTechnavio’s
global automated test equipment market research report forecasts the
market to grow at a CAGR of almost 7% during the forecast period.

The growing adoption of wireless technologies in the automotive industry
will be one of the major trends in the global
automated test equipment market
during 2018-2022. The
improving economic condition in countries such as the US and Germany
along with the rising consumer confidence has resulted in a high demand
for new, fuel-efficient, and technologically advanced automobiles that
are equipped with advanced features such as MOST 150 and Broad R-Reach
Ethernet. The demand for automated test equipment in the automobile
sector is expected to increase due to the implementation of these

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According to Technavio analysts, one of the key drivers for the global
automated test equipment market is the augmented production of
electronic goods:

Global automated test equipment market:
Augmented production of electronic goods

During the forecast period, the electronics industry is anticipated to
grow significantly. There has been an increase in the export of
electronic goods in China, Japan, and Singapore. This, coupled with the
strong growth of the semiconductor and electronics industries will drive
the growth of the global automated test equipment market in the APAC

According to a senior analyst at Technavio for research on test and
measurement, “The increasing sales of smartphones is driving the
growth of global automated test equipment market. The introduction of
new technologies such as LTE, 4G, and 5G in smartphones has created a
need for test and measurement equipment to ensure quality and
reliability. Thus, the number of people with access to the Internet will
increase due to the increasing availability of inexpensive smartphones.
This will boost the automated test equipment market growth.”

Global automated test equipment market:
Segmentation analysis

This global automated test equipment market analysis report provides
market segmentation by end-user industries (consumer electronics,
telecommunications, aerospace and defense, and others) and by region
(the Americas, APAC, and EMEA). This report provides an in-depth
analysis of the prominent factors influencing the market, including
drivers, opportunities, trends, and industry-specific challenges.

Of the three major end-users, the consumer electronics segment held the
largest automated test equipment market share in 2017, contributing to
around 28% of the market. This end-user segment will dominate the global
market throughout the forecast period.

APAC held the largest share of the market in 2017, accounting for about
37% share. It was followed by the Americas and EMEA respectively. APAC
is expected to dominate the market throughout the period 2018-2022.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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