Automated Test Equipment Market Share

Statistics for the 2023 & 2024 Automated Test Equipment market share, created by Mordor Intelligence™ Industry Reports. Automated Test Equipment share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Automated Test Equipment Industry

The automated test equipment market is highly fragmented, with major players like Virginia Panel Corporation, MAC Panel Company, Xcerra Corporation, National Instruments Corporation, and SPEA SpA, among others. Moreover, automated test equipment is used in various industries to provide vendors with growth opportunities. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

In December 2022, Cohu, Inc., a global equipment and service supplier that improves semiconductor manufacturing yield and productivity, announced a strategic partnership with Chunghwa Precision Test Tech. Co., Ltd. is a leading test interface solution provider that delivers advanced probe card and interface products to the semiconductor test market. Cohu's mmWave RF probe head and socket technology, together with CHPT's sophisticated substrate and load boards, would result in an optimized turnkey interface solution for probe and final test, reducing client costs and increasing time to market.

In April 2022, National Instruments Corporation (NI) acquired Kratzer Automation. With the acquisition of Kratzer Automation, NI expands its EV test capabilities. The company could test all important components of EVs, such as the battery, inverter, and engine control, by supplying EV testing software and fully integrated test equipment. The combination of NI's flexible EV hardware and software test platform and Kratzer Automation's application-specific EV software and integration capabilities, according to NI, would enable faster responses to change test needs, faster time to market, and lower total cost of test for a broader range of customers.

Automated Test Equipment (ATE) Market Leaders

  1. Virginia Panel Corporation

  2. MAC Panel Company

  3. Xcerra Corporation

  4. National Instruments Corporation

  5. SPEA SpA

*Disclaimer: Major Players sorted in no particular order

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Automated Test Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)