The North America Automated Test Equipment Market would witness market growth of 4.2% CAGR during the forecast period (2017 - 2023)

LONDON, Jan. 10, 2018 /PRNewswire/ -- The North America Automated Test Equipment Market would witness market growth of 4.2% CAGR during the forecast period (2017 – 2023). Growing adoption of System-on chip and rising demand for consumer electronics are the factors that would drive the growth of the market during the forecast period. Growing adoption of electronic components in the automotive sector and unprecedented growth in the market penetration of smartphones would drive the market growth over the forecast period. Miniaturization of devices has further added to the demand for ATE across different application areas. Additionally, technological advancements, growing design complexity and the need for effective testing would contribute to the growth of the market over the forecast period. Advancements in manufacturing processes of semiconductors and growth of wireless networks in developing nations would offer significant opportunities over the coming years.

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Based on Product, the market report segments the market into Non-Memory ATE, Memory ATE, and Discrete ATE. Based on End User, the North America Automated Test Equipment Market segments the market into Automotive, Defense, Telecom & IT, Consumer Electronics, and Others. Based on Countries, the North America Automated Test Equipment Market segments the market into US, Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the North America Automated Test Equipment Market. Key companies profiled in the report include Aemulus Holdings Bhd., Chroma ATE Inc., Cobham (Aeroflex Inc.), Astronics Corporation, Advantest Corporation, Xcerra Corporation, Teradyne Inc., STAr Technologies Inc. (A subsidiary of Innotech Corporation), Tesec Corporation, and Danaher Corporation.

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