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Automated Test Equipment (ATE) Market size is set to grow by USD 1.84 billion from 2024-2028, Augmented production of electronic goods boost the market, Technavio

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NEW YORK, Aug. 20, 2024 /PRNewswire/ — The global automated test equipment (ATE) market size is estimated to grow by USD 1.84 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.36%  during the forecast period. Augmented production of electronic goods is driving market growth, with a trend towards automotive wireless technologies. However, necessity for price-sensitive and multiple technology solutions  poses a challenge. Key market players include Advantest Corp., ADVINT LLC, Aemulus Holdings Bhd, Aimil Ltd., Anritsu Corp., Astronics Corp., Averna Technologies Inc., BAE Systems Plc, Chroma ATE Inc., Cobham Ltd., Cohu Inc., INNOTECH Corp., Keysight Technologies Inc., National Instruments Corp., Rohde and Schwarz GmbH and Co. KG, ROOS INSTRUMENTS Inc., SPEA Spa, Teradyne Inc., TESEC Inc., and The Marvin Group.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Automated Test Equipment (ATE) Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.36%

Market growth 2024-2028

USD 1841.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.11

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 36%

Key countries

US, China, Japan, Germany, and South Korea

Key companies profiled

Advantest Corp., ADVINT LLC, Aemulus Holdings Bhd, Aimil Ltd., Anritsu Corp., Astronics Corp., Averna Technologies Inc., BAE Systems Plc, Chroma ATE Inc., Cobham Ltd., Cohu Inc., INNOTECH Corp., Keysight Technologies Inc., National Instruments Corp., Rohde and Schwarz GmbH and Co. KG, ROOS INSTRUMENTS Inc., SPEA Spa, Teradyne Inc., TESEC Inc., and The Marvin Group

Market Driver

The automotive industry is experiencing significant transformation as vehicles become more technologically advanced, featuring the latest electronic devices for enhanced performance and entertainment. European manufacturers are at the forefront of this innovation, integrating cellular technologies for emergency alerts and advanced GPS systems with internet connectivity. Developed markets like the US and Germany are recovering from the global recession, leading to increased sales of fuel-efficient, technologically advanced cars. These vehicles incorporate advanced systems such as MOST150 and Broad R-Reach Ethernet, driving the demand for Automated Test Equipment (ATE) in the automobile sector. The growing implementation of these technologies is expected to fuel the expansion of the global ATE market throughout the forecast period. 

The Automated Test Equipment (ATE) market is thriving, particularly in the semiconductor industry. With the rise of connected devices and consumer electronics, the need for effective testing solutions is paramount. Semiconductor manufacturing companies focus on improving quality, increasing performance capability, and reducing the speed of operation for manufacturing semiconductor ICs. The penetration of smartphones and IoT devices has driven the demand for ATE in the non-memory segment. Miniaturization and design complexity require reliable testing, especially in the automotive sector with autonomous vehicles and wireless networks. Customer satisfaction, time-to-market, and product quality are key concerns for semiconductor manufacturers. ATE plays a crucial role in meeting consumer demands and economies of scale. Companies like Aemulus Corporation provide end-to-end testing solutions for physical characteristics, testing efficiency, and reliability. The semiconductor chip manufacturing process benefits from ATE in various verticals, including automotive, aerospace & defense, healthcare, IT & telecommunication, and entertainment. Effective testing ensures semiconductor devices meet performance requirements and maintain profit margins. Low testing costs are essential to stay competitive in this dynamic market. 

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Market Challenges

The Automated Test Equipment (ATE) market faces intense competition due to continuous technological advancements, encouraging manufacturers to invest heavily in research and development (R&D) for innovative products. However, rising raw material costs and increasing import duties from key suppliers, particularly in China, have significantly increased production costs. This has resulted in the availability of low-cost alternatives, which may compromise quality and negatively impact the brand image and profitability of international vendors. Compatibility with various technologies is a significant challenge for testing solution providers, especially for advanced smartphones with multiple radio circuits and simultaneous radio signals. Ensuring compatibility with Wi-Fi, Bluetooth, cellular Global Positioning System (GPS), and FM radio technologies, each with different bandwidths, is crucial. The growing demand for constant product development, high brand image, after-sales services, and continuous product support further adds to the overall cost of test equipment. These factors may restrict new investments in the global ATE market by price-sensitive end-users during the forecast period.The Automated Test Equipment (ATE) market faces significant challenges in various industries, particularly in wireless networks and semiconductor IC manufacturing. Semiconductor devices, such as chips in smartphones and IoT devices, require rigorous reliability testing for physical characteristics and functionality. Semiconductor manufacturers strive for economies of scale to meet consumer demands and reduce profit margins. ATE plays a crucial role in semiconductor chip manufacturing, testing efficiency, and product quality. Wireless networks and verticals like automotive, aerospace & defense, healthcare, IT & telecommunication, entertainment, and e-commerce demand advanced testing solutions for their unique requirements. Non-memory ATE segment is gaining traction due to the increasing production of semiconductor chips using advanced fabrication technologies. Customer satisfaction, time-to-market, and low testing costs are essential factors driving the ATE market growth. Companies like Aemulus Corporation are addressing these challenges by providing innovative testing solutions to meet the evolving needs of various industries.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This automated test equipment (ate) market report extensively covers market segmentation by  

End-user 1.1 Consumer electronics1.2 Telecommunications1.3 Aerospace and defense1.4 OthersProduct 2.1 Non-memory ATE2.2 Memory2.3 DiscreteGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Consumer electronics-  The Automated Test Equipment (ATE) market is a significant sector in the electronics industry. It provides solutions for testing and measuring the performance of various electronic devices and systems. Companies in this market offer equipment that automates repetitive tests, ensuring accuracy and consistency. The ATE market caters to various industries, including telecommunications, automotive, and consumer electronics, to name a few. Its use leads to increased productivity, reduced costs, and improved product quality. Companies invest in ATE to ensure their products meet industry standards and customer expectations.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global Textile Testing Equipment Market is experiencing growth driven by increasing demand for quality assurance in the textile industry. Meanwhile, the global Laboratory Automation Systems Market is expanding rapidly, fueled by advancements in robotics and AI, enhancing efficiency and accuracy in lab operations. Additionally, the global Data Logger Market is seeing significant traction, particularly in sectors like manufacturing and environmental monitoring, due to the rising need for precise data recording and analysis. These markets are poised for robust expansion, supported by technological innovation and industry demand.

Research Analysis

The Automated Test Equipment (ATE) market plays a crucial role in the semiconductor industry by providing end-to-end testing solutions for manufacturing semiconductor ICs. With increasing design complexity and consumer demands for high-performance electronic components, ATE becomes essential for ensuring effective testing and reliability. Semiconductor manufacturing processes rely on ATE to improve quality, enhance performance capability, and increase testing efficiency. ATE systems are critical for semiconductor manufacturing companies, enabling them to meet speed of operation requirements and profit margin expectations. In the realm of wireless networks, ATE is indispensable for testing physical characteristics and performance, ensuring seamless connectivity and uninterrupted communication. Overall, ATE is a vital investment for semiconductor manufacturers, contributing significantly to the production of high-quality, reliable electronic components.

Market Research Overview

The Automated Test Equipment (ATE) market is witnessing significant growth in various industries, including semiconductor manufacturing, consumer electronics, and the automotive sector. With the increasing penetration of connected devices and the demand for quality improvement, semiconductor manufacturing companies are focusing on end-to-end testing solutions for manufacturing semiconductor ICs (Integrated Circuits) and semiconductor chips. The non-memory ATE segment is expected to grow due to the miniaturization of electronic components and design complexity. The semiconductor industry’s performance capability and speed of operation requirements are driving the need for effective testing solutions. Consumer demands for reliable semiconductor devices, such as smartphones, are also increasing the importance of ATE in semiconductor chip manufacturing. The automotive sector is another vertical where ATE is gaining traction due to the increasing use of semiconductor devices in autonomous vehicles and wireless networks. The aerospace & defense, healthcare, IT & telecommunication, entertainment, and e-commerce verticals are also adopting ATE for profit margin improvement and time-to-market reduction. ATE plays a crucial role in ensuring product quality and customer satisfaction by providing effective testing for physical characteristics, reliability, and testing efficiency. Semiconductor manufacturing processes, including fabrication technologies, are continuously evolving, making it essential for ATE to keep up with the latest trends to meet the demands of various industries.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userConsumer ElectronicsTelecommunicationsAerospace And DefenseOthersProductNon-memory ATEMemoryDiscreteGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Apparel Manufacturing In New York City Offers 360 Design Support For Apparel Brands

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NEW YORK, Nov. 13, 2024 /PRNewswire/ — Apparel Manufacturing In New York City (AMI NYC) is excited to announce the launch of its comprehensive 360 Design Program. This innovative program is designed to empower retail stores and emerging start-up brands in the apparel industry by providing them with comprehensive support throughout the entire design and production process.

In today’s dynamic digital landscape, characterized by the meteoric rise of platforms like TikTok shops, apparel brands face unprecedented pressure to deliver impactful designs that resonate with discerning online consumers. Recognizing this critical need, AMI NYC has meticulously crafted the 360 Design Program to bridge the gap between creative vision and market success.

The 360 Design Program is a game-changer for new and aspiring apparel brands. AMI NYC’s deep understanding of the industry, coupled with its commitment to affordability, makes it the ideal partner for businesses looking to make their mark in the competitive world of fashion.

Here are just a few of the many ways the 360 Design Program can help your brand succeed:

Concept Development: Our team of experienced designers will work collaboratively with you to transform your initial ideas into commercially viable designs. From mood boards to technical sketches, we’ll ensure your vision is captured and translated into compelling apparel concepts.Technical Design & Pattern Making: Our skilled technicians will create precise patterns and technical specifications, ensuring your garments are produced to the highest standards of quality and fit.Sourcing & Sampling: We leverage our extensive network of trusted suppliers to source the finest fabrics and materials that align with your brand’s aesthetic and budget.Production Management: We oversee every step of the production process, from cutting and sewing to finishing and quality control, ensuring timely delivery of your collection.Marketing & Launch Support: Our marketing experts can provide guidance on branding, packaging, and go-to-market strategies, helping you effectively launch your new collection and reach your target audience.

Apparel Manufacturing In New York City (AMI NYC) is strategically positioned as a leading USA apparel production management company. For apparel brands seeking reliable and high-quality USA apparel production teams, Apparel Manufacturing In New York City (AMI NYC) stands out as the partner of choice.

The 360 Design Program is a testament to AMI NYC’s unwavering commitment to fostering innovation and empowering businesses in the apparel industry. By providing unparalleled support and expertise, AMI NYC is dedicated to helping brands thrive in today’s competitive market.

For more information about the 360 Design Program and to discuss your next apparel collection, please visit apparelmanufacturinginnyc.com.

Apparel Manufacturing In New York City (AMI NYC)

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Shipt Announces Same-Day Delivery Offerings with The Fresh Market in Time for Holiday Season

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The Fresh Market launch brings exceptional products, restaurant-quality foods, and more to customers via Shipt’s reliable, high-quality delivery

BIRMINGHAM, Ala., Nov. 13, 2024 /PRNewswire/ — Shipt, the same-day delivery platform connecting customers to a delightful, curated assortment of retailers, is excited to announce its partnership with The Fresh Market, recognized by USA Today 10 Best Readers’ Choice Awards 2024 for best bakery, best deli, and best-prepared food. Shipt will now offer same-day delivery from more than 140 The Fresh Market locations across 22 states. First-time Shipt users can save $15 off orders of $50 or more at The Fresh Market with code FRESH15 on Shipt’s marketplace now through December 31.*

The addition of The Fresh Market’s assortment to the Shipt marketplace provides members with expanded access to high-quality fresh products, meal-ready foods, gifting options, plus alcohol** offerings at select stores. The Fresh Market’s dedication to excellent products and guest experience makes it a natural partner for Shipt and a top-tier offering for Shipt members. With locations across multiple states, members and customers can find out if their zip code includes The Fresh Market by visiting Shipt’s website or app and typing in their address.

“The Fresh Market will provide unique products, organic options, and delicious meal-ready items to our members and we are thrilled to have them join Shipt’s marketplace ahead of the busy holiday season,” said Katie Stratton, Shipt’s chief growth and strategy officer. “The addition of The Fresh Market marks another exciting opportunity for Shipt to emphasize our brand’s dedication to offering a curated, quality selection of top-notch retail options to our members.”

Ahead of the holidays, members can learn how The Fresh Market’s wide array of products can make their gatherings even more special, all powered by Shipt’s same-day delivery solutions. Shipt’s ‘Lists’ feature, which enables users to pre-select items for specific occasions or recipes and quickly add to their cart, and ‘Preferred Shopper,’ an industry-leading pairing feature, will make shopping The Fresh Market’s assortment even easier as members can focus on time with loved ones instead of running to the store.

“At The Fresh Market, our mission has always been to create an exceptional shopping experience with the highest quality products and unmatched service,” said Emily Turner, chief marketing officer for The Fresh Market. “Our partnership with Shipt, renowned for their guest-centric approach, allows us to extend this experience to our guests’ doorsteps with unparalleled convenience.”

New customers can enjoy Shipt’s same-day delivery service with a 14-day free trial.** For more information on Shipt and The Fresh Market, Inc., please visit shipt.com and thefreshmarket.com. 

About Shipt
Through easy-to-use technology and a network of workers who love to go above and beyond, Shipt connects personal shopping and delivery to 80% of households in more than 5,000 U.S. cities.  Shipt’s app and website offer consumers access to a variety of stores and product categories, including fresh foods, household essentials, wellness products, office and pet supplies. Shipt also helps power deliveries for retailers on orders placed on their own websites by leveraging Shipt Driven, a delivery-only last-mile offering. Shoppers and drivers on the Shipt platform are known for reliability and going above and beyond, including communicating in real time about preferences and substitutions.

Shipt is an independently operated, wholly owned subsidiary of Target Corp. Founded and headquartered in Birmingham, Alabama, Shipt also maintains an office in San Francisco. For more information, visit Shipt’s Newsroom.

About The Fresh Market, Inc.
Voted as the “Best Grocery Store in America” by USA Today’s 10 Best Readers’ Choice Awards in 2023, 2022 and 2021, “America’s Best Customer Service 2021” by Newsweek and Statista and a top 5 most trusted grocery retail brand for specialty and natural/organic foods in the 2022 BrandSpark Most Trusted Awards, The Fresh Market helps guests discover the best with time-saving meal solutions, unique ingredients, and delicious food for any occasion. From fresh produce and exceptional meat and seafood to signature baked goods and thousands of organic options, the specialty grocer has something to please every palate. The Fresh Market currently operates 160 stores in 22 states across the U.S., inspiring guests to discover new flavors and cook with confidence. For more information, please visit or follow the company on Facebook, Twitter, Instagram, TikTok and Pinterest.

*Offer expires 10/31/24 at 11:59 p.m. HT. First time Shipt customers place an order of $50 or more from The Fresh Market on Shipt marketplace, and input promo code FRESH15 at checkout to receive $15 off. Limit 1 use per promotional code. Promo code not valid for current Shipt members. Offer not valid for orders containing alcohol items. Offer is subject to Shipt Promotional Terms and Conditions.

**Orders with alcohol may incur a $7 alcohol fee. Alcohol delivery is available in select areas and varies by retailer. You must be 21 years of age or older with a valid ID to order or receive alcohol. Shipt credits cannot be applied to orders containing alcohol items. Alcohol inventory varies by retailer.

***Offer valid for new customers only, returning customers are ineligible. 14 day trial will renew at the applicable membership rate at the end of the trial. Cancellation available free of charge anytime during trial. Offer is subject to Shipt Promotion Terms and Conditions. Deliveries under $35 with a membership will incur a $7 fee. All orders with alcohol (where available) may incur a $7 alcohol fee. Service fees may apply and will vary by retailer and location. See Terms of Service. See Terms of Service.

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St. Joseph’s Health Wins National Patient Safety Award

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Total Systems Safety assessment earns St. Joseph’s Health facilities the 2024 Safety Excellence Award from ECRI

PLYMOUTH MEETING, Pa., Nov. 13, 2024 /PRNewswire/ — ECRI, a global healthcare safety nonprofit organization, named St. Joseph’s Health the winner of the 2024 Safety Excellence Award, in recognition of numerous safety initiatives they successfully executed across two facilities in northern New Jersey.

St. Joseph’s Health aligned executive leaders and frontline staff to proactively complete the ECRI Total Systems Safety Assessment to capture a candid, comprehensive snapshot of the institution’s safety status, identify areas for improvement, fuel targeted action plans, and measure progress over time.

The annual Safety Excellence Award from the ECRI and ISMP Patient Safety Organization (PSO) recognizes outstanding patient safety initiatives and evidence-based strategies that improve safety-related outcomes.

“We are proud of the team at St. Joseph’s Health for embracing many of the principles that are foundational for a holistic approach to patient safety, like the Total Systems Safety framework and just culture for the workforce,” said ECRI Chief Medical Officer Dheerendra Kommala, MD. “Their commitment to involving leadership at all levels has been instrumental in driving impactful change that’s sustainable. This proactive, patient-centered approach sets a new standard that is grounded in transparency and successfully reduces preventable harm.”

“Our entire team has taken a hands-on approach to patient safety,” said Pam Upadya, MD, Patient Safety Officer and Interim Vice President, Physician Services, St. Joseph’s Health. “Our partnership with ECRI and their encouragement for us to undergo the safety assessment has aligned our institution completely with the most recent CMS guidelines for patient safety. We’re thrilled for the recognition of our vast efforts around safety excellence, which represents the heart of what we do.”

St. Joseph’s Health created core working groups to address each of the four principles in the Total Systems Safety Assessment: Culture Leadership, and Governance; Workplace Safety; Learning System; and Patient and Family Engagement. Multiple targeted action plans were developed for each category.

Inspired by the TSS assessment results, St. Joseph’s began holding quarterly institutional patient safety symposiums which focus on successful patient safety initiatives that can be celebrated as a learning opportunity throughout the healthcare system.

The action plans included other changes, such as a new Just Culture policy and education, safety improvement education plans, expanding the Patient and Family Advocacy Council, unit-based huddles, safety coaches, and engaging in learning systems and networks.

The safety team also began introducing “safety stories” into all leadership and board meetings to highlight staff’s positive actions related to safety and incident reporting. These efforts helped to shift the culture towards a focus on safety, transparency, communication across expert teams, and overall brought tangible safety actions to the forefront for senior leaders.

St. Joseph’s Health also won ECRI’s 2024 Healthcare Supply Chain Excellence Award for excellence in overall spend management and adopting best practice solutions into their supply chain processes. St. Joseph’s Health will be recognized for their safety award during the ECRI and ISMP PSO Annual Meeting on November 13.

Two additional ECRI partners were recognized with honorable mentions in the Safety Excellence Award.

Penn Medicine Lancaster General Health won ECRI’s Honorable Mention recognition for their work improving the Root Cause Analysis process for clinical safety events. This work led to faster response and investigation times, enhanced staff emotional wellbeing, and a reduction in safety events.

Hackensack Meridian Health won ECRI’s Honorable Mention for improving safety event reporting and quality processes across ten acute care hospitals.

Learn more about ECRI’s Safety Excellence Award.

About ECRI

ECRI and the ISMP PSO maintain the largest patient safety reporting and learning system—collecting and analyzing more than seven million patient safety events across 90 percent of the United States. 

ECRI is an independent, nonprofit organization improving the safety, quality, and cost-effectiveness of care across all healthcare settings. ECRI is the only organization worldwide to conduct independent medical device evaluations, with labs located in North America and Asia Pacific. ECRI is designated an Evidence-based Practice Center by the U.S. Agency for Healthcare Research and Quality and a federally certified Patient Safety Organization by the U.S. Department of Health and Human Services.

About ISMP

The Institute for Safe Medication Practices (ISMP) formally became an ECRI Affiliate in 2020. ISMP is the only 501c (3) nonprofit organization devoted entirely to preventing medication errors. ISMP runs the only national voluntary practitioner medication error reporting program, publishes newsletters with real-time error information, and offers a range of unique educational programs, tools, and guidelines.

About St. Joseph’s Health

Founded in 1867 by the Sisters of Charity of Saint Elizabeth, St. Joseph’s Health is a world-class hospital and healthcare network supported by more than 5,000 leading and renowned physicians, nurses and care teams. From its humble beginnings, St. Joseph’s Health has become one of the premier health systems in the state. The organization continues to evolve as the leading health resource in the community, the largest employer in Passaic County, and one of the largest providers of charity care in New Jersey.

The St. Joseph’s Health system is one of the leading clinical teaching and academic centers in the country, and has been recognized for its innovative programs and cutting-edge services. The health system operates a full continuum of care, including a regional tertiary care medical center (St. Joseph’s University Medical Center, Paterson), an acute care medical center (St. Joseph’s Wayne Medical Center, Wayne) a state-designated children’s hospital (St. Joseph’s Children’s Hospital, Paterson), an outpatient facility (St. Joseph’s Totowa Health Campus, Totowa), comprehensive home care (Visiting Health Services of New Jersey), and multiple ambulatory care centers located throughout Northern New Jersey. The system is further supported by St. Joseph’s Health Medical Group, which operates more than 100 physician medical and specialty practices across northern New Jersey.

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