Global Semiconductor Test Systems Market 2017-2021
About Semiconductor Test Systems
Semiconductor test systems are part of the global test and measurement system market. They are used to inspect, evaluate, and test a device under test (DUT). Semiconductor test systems can be used to test a wide range of electronic devices, including components such as resistors, capacitors, and inductors; printed circuit boards (PCBs); ICs; and complex assembled electronic systems. These systems are used in various applications catering to the consumer electronics, automobiles, and industrial sectors. The increasing use of semiconductor devices is encouraging vendors to raise their production capacities. This will lead to a rise in the demand for semiconductor test systems as vendors want to ensure the maximum reliability of their offerings.
Technavio’s analysts forecast the global semiconductor test systems market to grow at a CAGR of 5.75% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global semiconductor test systems market for 2017-2021. To calculate the market size, the report considers the sales, value, and the retrofit market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Semiconductor Test Systems Market 2017-2021
Technavio recognizes the following companies as the key players in the global semiconductor test systems market: Sanmina, Danaher, Amkor Technology, Advantest, and National Instruments.
Other Prominent Vendors in the market are: Keysight Technologies, Texas Instruments, Tokyo Electron, and Teradyne.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is continuous innovation in semiconductors and growing complexity of silicon chips. With the development of new semiconductor chips to meet the increased demand for new devices, the designing of these chips is becoming more detailed and complex. Due to the increasing functionalities in consumer electronic devices, such as computers, laptops, and smartphones, there is a growing need for multifunctional ICs that have a higher computing power and low power consumption.”
According to the report, one of the major drivers for this market is smartphones and tablets drive user interface extensions for test equipment. The significance of mobile applications has witnessed a drastic increase due to the increasing demand for apps that support multiple functionalities in smartphones. The development of several mobile applications is due to the integration of a large number of functionalities in smartphones. Mobile applications are becoming more important for businesses.
Further, the report states that one of the major factors hindering the growth of this market is constantly increasing test requirements. In today's fast-paced environment, device performance is constantly pushing the limits of test system capabilities. As a result, the market is witnessing accelerated tester obsolescence and rising test costs. These are part of the constantly increasing semiconductor test requirements. With the increasing introduction of newer technologies, new launches may become obsolete after 6 months.
Sanmina, Danaher, Amkor Technology, Advantest, National Instruments, Keysight Technologies, Texas Instruments, Tokyo Electron, and Teradyne.
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