Automated Test Equipment Market Featuring Advantest Corp. an

Automated Test Equipment Market Featuring Advantest Corp. and Aimil Ltd. | Technavio - Press Release


NEW YORK, July 3, 2021 /PRNewswire/ —
The automated test equipment market is poised to grow by USD 1.63 billion during 2021-2025, progressing at a CAGR of over 4% during the forecast period.
Read the 120-page report with TOC on “Automated Test Equipment Market Analysis Report by End-user (Consumer electronics, Telecommunications, Aerospace and defense, and Others), Geography (APAC, North America, Europe, South America, and MEA), and the Segment Forecasts, 2021-2025″.
The market is driven by the augmented production of electronic goods. In addition, the growth of the telecommunications industry is anticipated to boost the growth of the automated test equipment market.
The global electronic industry is expected to witness strong growth during the forecast period. Countries such as China, Japan, and Singapore are witnessing a significant increase in the export of electronic goods. Besides, the increasing use of the internet through smartphones is encouraging electronic device manufacturers to introduce new technologies such as LTE, 4G, and 5G. Moreover, the growing demand for low-cost smartphones in developing regions is increasing the demand for automated test and measurement equipment to ensure quality and reliability. All these factors are positively influencing the growth of the global automated test equipment market.

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