About Manufacturing Test Systems
Semiconductor chips are as diverse as ever, driven by industry applications in computing, networking, storage, optical, cellular, wearable, and consumer electronics. Manufacturing tests are essential to ensure that high-quality materials are produced. Value is a consideration that no organisation or consumer needs to overlook because it distinguishes the value and is essentially what keeps customers coming back. The most notable development among these industry-leading research engineering teams is the use of software-defined test systems. Software-defined research methods are being used by engineers to reach new levels of measurement accuracy and lower test costs. The fast return on investment provided by these advantages is helping to drive widespread acceptance of the software-defined test framework approach.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Manufacturing Test Systems market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
McCormick Stevenson (United States), ECIMOS (United States), Keysight Technologies (United States), Fluke Corporation (United States), Agilent Technologies (United States), Yokogawa Electric (Japan), MTS Systems Corporation (United States), Raytheon Company (United States), Rohde & Schwarz GmbH & Co. KG (Germany) and Anritsu Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are ProMik GmbH (Germany), ASCEN Technology (China), AB Controls, Inc. (United States), Viewpoint Systems, Inc. (United States), Crest Test Systems Private Limited (India) and Tektronix, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Manufacturing Test Systems market by Type (Automated MTS and Manual MTS), Application (Defense and Aerospace, Semiconductor, Automobile Manufacturing, Industrial Machinery and Others) and Region.
On the basis of geography, the market of Manufacturing Test Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Platform, the sub-segment i.e. GPIB/IEEE-488 will boost the Manufacturing Test Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Test, the sub-segment i.e. In-circuit test (ICT) will boost the Manufacturing Test Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Integration with Advance Technologies Including Artificial Intelligence (AI)
Market Growth Drivers:
Growing MTS Demand in Military and Defense Sector, Emergence of Accurate Test Systems and Increasing Semiconductor Applications
Challenges:
Fierce Competitive Pressure and Lack of Trained Professionals
Restraints:
High Maintenance and Setup Costs
Opportunities:
Rising Number of Industrial Units and Startups
Market Leaders and their expansionary development strategies
On 1st April, 2021 - AirFuel Alliance Announced the Launch of Resonant Testing System and Certification Program, this Comprehensive Automated Test System Provides Rapid Interoperability Testing and Certification of AirFuel Resonant Products. AirFuel Alliance Consists of Testing System Hardware and Software Providers; Comarch, VPI Technology, And Gearwurx.
Key Target Audience
Manufacturing Test Systems Manufactures, New Entrants and Investors, Manufacturing Test Systems Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.