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Automated Test Equipment Market Share

Report ID: GMI146
Published Date: Sep 2024
Report Format: PDF

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Automated Test Equipment Market Share

Teradyne, Inc., Advantest Corporation, and Keysight Technologies hold a significant market share of 46% in automated test equipment industry. Industry leaders Teradyne and Advantest Corporation dominate the market. While Teradyne specializes in advanced ATE systems for memory and logic devices, Advantest stands out with its expertise in semiconductor and 5G testing solutions. Both companies are at the forefront of innovation, adapting to the increasing complexity of chips and intensifying competition in high-speed, high-precision testing technology.

In the mixed-signal and RF testing solutions arena, Keysight Technologies and Teradyne are fierce competitors. Keysight is known for its wide-ranging measurement tools tailored for wireless communications, whereas Teradyne holds a strong position in semiconductor testing. Both are heavily investing in next-generation technologies like 5G and IoT, enhancing their competitiveness with advanced test systems and software solutions.

Automated Test Equipment Market Companies

Major players operating in the automated test equipment industry are:

Advantest Corporation
Teradyne, Inc.
National Instruments
Chroma ATE Inc.
Keysight Technologies
Anritsu Corporation
Marvin Test Solutions, Inc.

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of automated test equipment reached USD 9.6 billion in 2023 and is set to register 10% CAGR between 2024 and 2032, due to the advancements in semiconductor technology and increasing demand for high-performance electronics.

The non-memory segment held over 39% revenue share in 2023, driven by rising usage in industries such as telecommunications, automotive, and consumer electronics and advancements in logic and mixed-signal semiconductor devices.

Asia Pacific market accounted for 41% revenue share in 2023, owing to the rapid surge in semiconductor manufacturing and increasing investments in cutting-edge testing equipment and automation.

Advantest Corporation, Teradyne, Inc., National Instruments, Chroma ATE Inc., Keysight Technologies, Anritsu Corporation, and Marvin Test Solutions, Inc.