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The Latin America, Middle East and Africa Automated Test Equipment Market would witness market growth of 6.5% CAGR during the forecast period (2017-2023). Recent innovations in IoT devices, introduction of autonomous vehicles and major changes in the defense and aerospace sectors have significantly changed the dynamics of the ATE market. Growing adoption of electronic components in the automotive sector and unprecedented growth in the market penetration of smartphones would drive the market growth over the forecast period. Miniaturization of devices has further added to the demand for ATE across different application areas. Additionally, technological advancements, growing design complexity and the need for effective testing would contribute to the growth of the market over the forecast period.
Based on Product, the market report segments the market into Non-Memory ATE, Memory ATE, and Discrete ATE. Based on End User, the Latin America, Middle East and Africa Automated Test Equipment Market segments the market into Automotive, Defense, Telecom & IT, Consumer Electronics, and Others. Based on Countries, the Latin America, Middle East and Africa Automated Test Equipment Market segments the market into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA. The market research report covers the analysis of key stake holders of the Latin America, Middle East and Africa Automated Test Equipment Market.
Key companies profiled in the report include Aemulus Holdings Bhd., Chroma ATE Inc., Cobham (Aeroflex Inc.), Astronics Corporation, Advantest Corporation, Xcerra Corporation, Teradyne Inc., STAr Technologies Inc. (A subsidiary of Innotech Corporation), Tesec Corporation, and Danaher Corporation.