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Research and Markets: Global Automated Test Equipment Market Forecasts & Opportunities, 2018DUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/486k2s/global_automated) has announced the addition of the "Global Automated Test Equipment Market Forecasts & Opportunities, 2018" report to their offering. The growth of the Global ATE market is driven by several factors, the most important of which is the increasing demand for smart electronic devices. The main reason for this growing demand is the increased adoption of these devices in emerging markets. This increasing demand has subsequently created high demand for semiconductor components such as ICs, thus driving the growth of this market. An SoC is an IC that packages all the necessary electronic components into a single microchip. Currently, the market is witnessing a rapid increase in the demand for SoCs, primarily because of factors such as the rapid technological advancements and changing customer needs. SoCs are used in small and complex electrnic devices such as smartphones, tablets, and portable gaming devices. They help develop compact and highly reliable electronic products. Some of the benefits associated with SoCs are the high density of functions, high on-chip frequencies, high reliability, and moderate unit costs. With the increasing adoption of advanced consumer electronics and communication devices, there is an increase in the demand for SoC semiconductors that are smaller in size, provide higher performance, and consume lower power. Factors such as these have led to increasing demand for sophisticated ATE systems that can simultaneously test SoC semiconductors' logic, analog, and memory circuits. Further, the report states that one of the key challenges in the market is the cyclical nature of the Semiconductor industry. As a result of this, there are fluctuations in the demand for the semiconductors deployed in numerous electronic products, leading to a demand-supply gap and an inventory pile-up. Thus, ATE manufacturers often experience fluctuating revenue, which in turn adversely affects their profitability. The key vendors dominating this space are: The other vendors mentioned in the report are:
Key questions answered in this report:
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