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Semiconductor Automatic Test Equipment, Global Market Size Forecast, Top 13 Players Rank and Market | |
Semiconductor Test Equipment consists of a variety of instruments or cards for testing memory, digital, and mixed-signal at the wafer and Packaged stages, and single-chip system (SoC) components that are also in the wafer and Packaged stages. The Semiconductor automated test equipment (ATE) is used for testing Semiconductor chips. It is mainly driven by the demand in the consumer electronics, healthcare, automotive, communication and defense markets. Semiconductor Automated Test Equipment (ATE) is specialized machinery used in the semiconductor manufacturing process to test and validate the functionality of semiconductor devices such as integrated circuits (ICs) and microprocessors. The primary purpose of ATE is to ensure that semiconductor devices meet the specified performance and quality standards before they are integrated into electronic products. According to the new market research report “Global Semiconductor Automatic Test Equipment Market Report 2023-2030”, published by QYResearch, the global Semiconductor Automatic Test Equipment market size is projected to reach USD 8.97 billion by 2030, at a CAGR of 7.2% during the forecast period. According to QYResearch Top Players Research Center, the global key manufacturers of Semiconductor Automatic Test Equipment include Advantest, Teradyne, Cohu, Tokyo Seimitsu, Hangzhou Changchuan Technology, TEL, Beijing Huafeng Test & Control Technology, Hon Precision, Chroma, SPEA, etc. In 2023, the global top five players had a share approximately 85.0% in terms of revenue. Market Drivers: D1: Downstream demand grows rapidly. The global market for Semiconductor was estimated at US$ 579.89 billion in the year 2022, is projected to grow from US$ 556.17 billion in 2023 to US$ 790.28 billion by 2029, growing at a CAGR of 6.03% during the forecast period 2023-2029. The global semiconductor market slowed to 4.4% growth in 2022 following a strong growth of 26.15% in the year 2021, followed by a decline of 4.1% in 2023. Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The factors that caused the market to decline were not the same. Since 2022, the external and internal environment of the global semiconductor industry has undergone profound changes. On the one hand, the global economy has entered a macro cycle in which the total growth rate slows down. Under the influence of factors such as the COVID-19, inflation, and geopolitical conflicts, global economic growth is facing greater pressure, resulting in a serious lack of downstream consumption motivation; On the other hand, after a period of accelerated consumption in the semiconductor market, the industry has entered a stage of gradually balancing the overall supply and demand. Under the superimposed influence of external and internal dual cycles, the global semiconductor market will inevitably decline in 2023. D2: Government policy support. The integrated circuit industry is a basic, key and strategic industry in the national economy. As one of the foundation and core industries of the modern information industry, it plays an important role in ensuring national security. It is a measure of the degree of modernization of a country or region. Different countries have formulated a number of guiding policies and target plans to support the development of the integrated circuit industry. D3: New application markets such as the Internet of Things, big data, artificial intelligence, 5G communications, and automotive electronics have brought huge incremental demand for chips, providing greater market space for semiconductor automated test system companies. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
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2024-04-23 (0.332 sec)