Global Semiconductor Test Equipment Market Growth 2025-2031
Description
The global Semiconductor Test Equipment market size is predicted to grow from US$ 10342 million in 2025 to US$ 15522 million in 2031; it is expected to grow at a CAGR of 7.0% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Semiconductor test equipment refers to specialized devices used to verify and validate the functionality, performance, and reliability of semiconductor devices during the manufacturing process, belonging to electrical parameter testing equipment. The primary equipment includes Automated Test Equipment (ATE), probers, and handlers. Among these, ATE is the most critical testing system, accounting for approximately 63% of the total value in the testing process, and is used for wafer testing (CP) and final testing (FT). Probers precisely position wafers to establish contact with testing instruments, while handlers sort and transport packaged chips for final testing. Together, these systems ensure quality control in semiconductor manufacturing.
The growth of the semiconductor test equipment market is primarily driven by three factors: First, the rapid development of emerging technologies such as 5G communications, artificial intelligence (AI), the Internet of Things (IoT), and automotive electronics has increased the demand for high-performance chips, thereby boosting the procurement of test equipment. Second, the continuous advancement in semiconductor process nodes (e.g., 3nm/2nm) and the adoption of complex packaging technologies (e.g., Chiplet, 3D IC) have raised chip testing complexity and costs, spurring investments in more advanced test equipment. Third, under the trend of global supply chain localization, countries are expanding semiconductor production capacity (e.g., wafer fab construction), directly driving the demand for supporting test equipment.
The semiconductor test equipment market is expected to witness the following trends: First, test equipment will evolve toward higher integration and efficiency, such as leveraging AI algorithms to optimize testing processes and reduce time and costs. Second, testing solutions for advanced packaging technologies, including system-level testing (SLT) and wafer-level testing (WLT), will become a key focus. Third, closer collaboration among test equipment manufacturers, wafer fabs, and design companies will promote the early integration of testing standards (e.g., Design-for-Test, DFT) to lower overall manufacturing costs.
LP Information, Inc. (LPI) ' newest research report, the “Semiconductor Test Equipment Industry Forecast” looks at past sales and reviews total world Semiconductor Test Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Semiconductor Test Equipment sales for 2025 through 2031. With Semiconductor Test Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Semiconductor Test Equipment industry.
This Insight Report provides a comprehensive analysis of the global Semiconductor Test Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Semiconductor Test Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Semiconductor Test Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Semiconductor Test Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Semiconductor Test Equipment.
This report presents a comprehensive overview, market shares, and growth opportunities of Semiconductor Test Equipment market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Automatic Test Equipment
Handler
Prober
Segmentation by Application:
Automotive Electronics
Consumer Electronics
Communications
Computer
Industrial/Medical
Military/Aviation
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Advantest
Teradyne
Cohu
Hangzhou Changchuan Technology
YC
Beijing Huafeng Test & Control Technology
Chroma
SPEA
Shibasoku
Macrotest
PowerTECH
Exicon
TESEC Corporation
UniSiC
NI (SET GmbH)
UNITEST
YTEC
AMIDA
Test Research, Inc.
STATEC
Tokyo Seimitsu
TEL
Semics
Sidea Semiconductor Equipment
FitTech
FormFactor
MPI Corporation
SEMISHARE
MicroXact
Wentworth Laboratories
SemiProbe
ESDEMC Technology
Shenzhen Titan Micro Electronics
Hon Precision
Techwing
Tianjin JHT Design
ASM Pacific Technology
Shenkeda Semiconductor
Kanematsu (Epson)
Boston Semi Equipment
EXIS TECH
SRM Integration
Shanghai Yingshuo
Ueno Seiki
SYNAX
Innogrity Pte Ltd
Pentamaster
ATECO
MIRAE
SEMES
JT Corp
Genesem
Fuzhou Palide
Shanghai Cascol
Shenzhen Biaopu Semiconductor
Shenzhen Good-Machine Automation Equipment
Mühlbauer
Semiconductor Technologies & Instruments
MIT Semiconductor
ITEC
Y.A.C. MECHATRONICS
HappyJapan
Key Questions Addressed in this Report
What is the 10-year outlook for the global Semiconductor Test Equipment market?
What factors are driving Semiconductor Test Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Semiconductor Test Equipment market opportunities vary by end market size?
How does Semiconductor Test Equipment break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Semiconductor test equipment refers to specialized devices used to verify and validate the functionality, performance, and reliability of semiconductor devices during the manufacturing process, belonging to electrical parameter testing equipment. The primary equipment includes Automated Test Equipment (ATE), probers, and handlers. Among these, ATE is the most critical testing system, accounting for approximately 63% of the total value in the testing process, and is used for wafer testing (CP) and final testing (FT). Probers precisely position wafers to establish contact with testing instruments, while handlers sort and transport packaged chips for final testing. Together, these systems ensure quality control in semiconductor manufacturing.
The growth of the semiconductor test equipment market is primarily driven by three factors: First, the rapid development of emerging technologies such as 5G communications, artificial intelligence (AI), the Internet of Things (IoT), and automotive electronics has increased the demand for high-performance chips, thereby boosting the procurement of test equipment. Second, the continuous advancement in semiconductor process nodes (e.g., 3nm/2nm) and the adoption of complex packaging technologies (e.g., Chiplet, 3D IC) have raised chip testing complexity and costs, spurring investments in more advanced test equipment. Third, under the trend of global supply chain localization, countries are expanding semiconductor production capacity (e.g., wafer fab construction), directly driving the demand for supporting test equipment.
The semiconductor test equipment market is expected to witness the following trends: First, test equipment will evolve toward higher integration and efficiency, such as leveraging AI algorithms to optimize testing processes and reduce time and costs. Second, testing solutions for advanced packaging technologies, including system-level testing (SLT) and wafer-level testing (WLT), will become a key focus. Third, closer collaboration among test equipment manufacturers, wafer fabs, and design companies will promote the early integration of testing standards (e.g., Design-for-Test, DFT) to lower overall manufacturing costs.
LP Information, Inc. (LPI) ' newest research report, the “Semiconductor Test Equipment Industry Forecast” looks at past sales and reviews total world Semiconductor Test Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Semiconductor Test Equipment sales for 2025 through 2031. With Semiconductor Test Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Semiconductor Test Equipment industry.
This Insight Report provides a comprehensive analysis of the global Semiconductor Test Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Semiconductor Test Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Semiconductor Test Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Semiconductor Test Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Semiconductor Test Equipment.
This report presents a comprehensive overview, market shares, and growth opportunities of Semiconductor Test Equipment market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Automatic Test Equipment
Handler
Prober
Segmentation by Application:
Automotive Electronics
Consumer Electronics
Communications
Computer
Industrial/Medical
Military/Aviation
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Advantest
Teradyne
Cohu
Hangzhou Changchuan Technology
YC
Beijing Huafeng Test & Control Technology
Chroma
SPEA
Shibasoku
Macrotest
PowerTECH
Exicon
TESEC Corporation
UniSiC
NI (SET GmbH)
UNITEST
YTEC
AMIDA
Test Research, Inc.
STATEC
Tokyo Seimitsu
TEL
Semics
Sidea Semiconductor Equipment
FitTech
FormFactor
MPI Corporation
SEMISHARE
MicroXact
Wentworth Laboratories
SemiProbe
ESDEMC Technology
Shenzhen Titan Micro Electronics
Hon Precision
Techwing
Tianjin JHT Design
ASM Pacific Technology
Shenkeda Semiconductor
Kanematsu (Epson)
Boston Semi Equipment
EXIS TECH
SRM Integration
Shanghai Yingshuo
Ueno Seiki
SYNAX
Innogrity Pte Ltd
Pentamaster
ATECO
MIRAE
SEMES
JT Corp
Genesem
Fuzhou Palide
Shanghai Cascol
Shenzhen Biaopu Semiconductor
Shenzhen Good-Machine Automation Equipment
Mühlbauer
Semiconductor Technologies & Instruments
MIT Semiconductor
ITEC
Y.A.C. MECHATRONICS
HappyJapan
Key Questions Addressed in this Report
What is the 10-year outlook for the global Semiconductor Test Equipment market?
What factors are driving Semiconductor Test Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Semiconductor Test Equipment market opportunities vary by end market size?
How does Semiconductor Test Equipment break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
100 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Semiconductor Test Equipment by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Semiconductor Test Equipment by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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