System-On-Chip Test Equipment Market Consumption Analysis and Market Share by Application 2017-2022

The global System-On-Chip Test Equipment Market is expected to grow at an exponential CAGR in the years to come. System-On-Chip Test Equipment is a device that is extensively employed by the semiconductor manufacturers to examine the SoC before it is finally packed. The main purpose behind the testing is to verify the errors or faults existing in the chips. It is also popularly known as SoC Test Equipment in its abbreviated form. The process of SoC testing aids in finding out a wide range of timing faults, fabrication errors, as well as electrical interferences.

The particular device assists the manufacturers to raise their production level by high parallel test and high throughput potential. The market is lately undergoing a significant trend of enhancement in the design complexity and development of high-quality test equipment to administer various issues effectively. The manufacturers are taking up various steps to develop the high-quality test equipment’s so that the efficiency level and the quality of the test can be raised and the cost of the testing can be lowered.

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The factors that are playing a significant role in raising the share of the market may include robust industrialization, urbanization, technological advancements, developing industries, augmented demands for System-On-Chip test products in the consumer electronics sector, rise in the product extensions, mounting investments by the leading manufacturers, and rise in the awareness among the end users.

Global System-On-Chip Test Equipment Market is segmented by technology as Field-Programmable Gate Array (FPGA), Full Custom, Standard Cell, and others. The only factor that is acting as a major hurdle in the market growth includes availability of favorable services to the installed equipment base. It has been estimated that the System-On-Chip Test Equipment Market will display a robust growth in near future due to rising applications and scope across the globe.

System-On-Chip Test Equipment Market is segmented based on application as Consumer Electronics, Automotive, IT and Telecommunication, and others. Among all the applications, it has been noticed that the IT and Telecommunication segment is taking up the largest share in the market. System-On-Chip Test Equipment Market is segmented by geography as North America, Southeast Asia, China, Europe, Japan, and India.

Among all the geographical regions, it has been observed that Asia Pacific is currently leading the market and it is simultaneously taking up the largest share in the market, the reason being existence of semiconductor manufacturers, OSATs, as well as consumer electronic device manufacturers in a huge number in the particular region.

On the other hand, it is likely that the North America and Europe will soon come up as one of the promising regions owing to rise in the market growth opportunities in these regions. The prominent players operating in the System-On-Chip Test Equipment Market are recognized as Chroma ATE, Lorlin Test Systems, Marvin Test Solutions, ADVANTEST, Teradyne, National Instruments, Roos Instruments, Xcerra, Astronics Test Systems, and others.

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