Published Tue, Dec 29th 2020 Automated Test Equipment Market 2020 Global Trends, Growth Insights, Top Players, COVID-19 Impact, Demand and Scope by Forecast 2022 Global Automated Test Equipment Market, by Component (Industrial PC, Mass Interconnect, Handlers, Probers, Semiconductors), by Application (Consumer Electronics, Automotive, Aerospace and Defense, Telecommunication), by Type (Memory ATE, Non Memory ATE, Discreet ATE) - Forecast to 2022 Global Automated Test Equipment Market - Overview According to Market Research Future (MRFR), the global Automated Test Equipment Market is forecasted to grow at 3.5% CAGR during the assessment period (2016 – 2022). The spurting rise in semiconductors and consumer electronics market acts as a key driving force. The global automated test equipment is growing rapidly. Market growth attributes to the demand for time and cost-effective manufacturing techniques in the consumer electronics sector and raising complexities in the development of electronic devices. Besides, the rising penetration of automation and increased budgets in the defense sector substantiate the market demand.