Automated Test Equipment (ATE) Market - Show Modest CAGR of 2.88% from 2012-2018 Despite Exponential Growth in Electronics and Semiconductor Market

Albany, NY -- (SBWIRE) -- 08/07/2017 -- Transparency Market Research, in its latest market report, predicts that the automated test equipment (ATE) market will grow at a moderate CAGR of about 2.88% from 2012 through 2018. With this, the global automated test equipment (ATE) market, which stood at US$3.54 billion as of 2011, is expected to surpass US$4.36 billion by 2018. According to the report, the Asia Pacific ATE market will be the most important one from the market share perspective. In 2011, the APAC ATE market held a 75% stake globally, and will continue to remain in a strong position through the forecast period of this research report.The report is titled "Automated Test Equipment (ATE) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 - 2018".