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Automated Test Equipment (ATE) Market is expected to reach USD 4192.4 Million By 2025 with a CAGR of 3.02%

Automated Test Equipment (ATE) Market is valued at USD 3403.2 Million in 2018 and expected to reach USD 4192.4 Million By 2025 with a CAGR of 3.02% over the forecast period. Growing demand for automobiles and consumer electronics with high quality of products is the major factor driving the growth of Global Automated Test Equipment (ATE) Market.

 Automated test equipment is a machinery designed to perform multiple tests on different devices for proper functionality and to achieve higher performance. It also perform stress testing without having human interaction and this test equipment contains different types of components such as control hardware, sensors and software which helps to collect and analyze the final test results. An ATE uses automated information technology and control systems to perform tests and calculate a design under test (DUT). Automated test equipment considered as a most significant technique for high volume testing.

 Automated Test Equipment (ATE) Market report is segmented on components, type of test equipment, application and region & country level. Based upon components, automated test equipment (ATE) market is segmented into industrial PC, handler, mass interconnector and probers. On the basis of type, automated test equipment market is segmented into non-memory, memory and discrete. Based upon application, market is classified into automotive, consumer electronics, defense, IT & telecommunications, medical and others.

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