Global Automated Test Equipment (ATE) Market is Expected to Reach USD 4.36 Billion in 2018: Transparency Market Research

Global Automated Test Equipment (ATE) Market is Expected to Reach USD 4.36 Billion in 2018: Transparency Market Research PR Newswire ALBANY, New York, December 19, 2012 ALBANY, New York, December 19, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Automated Test Equipment (ATE) Market - Global Industry Analysis, Size, Share and Forecast, 2012 - 2018", the Automated Test Equipment (ATE) market was valued at USD 3.54 billion in 2011 and is expected to reach USD 4.36 billion in 2018, growing at a CAGR of 2.88% from 2012 to 2018. The Asia Pacific ATE market accounted for over 75% of the global ATE market in 2011 and will remain a majority shareholder till the end of the forecast period as well. Browse the full report at h t t p : / / w w w . t r a n s p a r e n c y m a r k e t r e s e a r c h . c o m / a u t o m a t e d - t e s t - e q u i p m e n t - m a r k e t . h t m l The last few years have seen a considerable growth in the volume of electronics and telecom equipment manufactured. Integrated circuits on a wafer have to be tested prior to die preparation and this makes automated test equipment extremely vital for semiconductor manufacturing. Post the packaging of the integrated circuit, the packaged chips need to be tested again using a variety of special test patterns.