DUBLIN--(BUSINESS WIRE)--The "Automated Testing Equipment Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
The automated testing equipment market is projected to witness a CAGR of 3.83% during the forecast period to reach a market size of US$4.095 billion by 2023, increasing from US$3.269 billion in 2017.
Automated testing equipment are used at various stages of manufacturing and testing to determine and certify that a product is ready to be commercialized as per the existing industry standards. The surge in manufacturing activities coupled with stringent government regulations regarding product quality across various industry verticals are some the major factors driving the demand for automated testing equipment.
Geographically, the Asia Pacific region is projected to witness substantial growth in the coming years owing to favourable government policies and increasing investment in manufacturing activities.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the pressure sensors value chain.
- ATS Automation Tooling Systems, Inc
- Teradyne, Inc.
- MEL Systems and Services, Ltd.
- WEETECH GmbH
- Chroma Systems Solutions, Inc.
- AMETEK Programmable Power
- Freese Enterprises, Inc.
- Automated Testing Solutions, Inc.
- National Instruments
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Automated Testing Equipment Market By Component
6. Automated Testing Equipment Market By End-User Industry
7. Automated Testing Equipment Market By Geography
8. Competitive Intelligence
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/fljqgm/automated_testing?w=4