Lucintel Forecasts the Global System Level Test Market to Grow with a CAGR of 8.7% from 2024 to 2030
Lucintel Forecasts the Global System Level Test Market to Grow with a CAGR of 8.7% from 2024 to 2030
Blog Article
According to a market report by Lucintel, the future of the global system level test market looks promising with opportunities in the auto & transportation, consumer electronic, and communication markets. The global system level test market is expected to grow with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are increasing proliferation of IoT devices and connected systems, growing complexity of semiconductor devices, and stringent quality requirements.
A more than 150-page report to understand trends, opportunity and forecast in global system level test market to 2030 by type (function test, performance test, and reliability test), application (auto & transportation, consumer electronics, communication industry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that performance test is expected to witness highest growth over the forecast period due to the increasing demand for high-performance electronic systems and the growing complexity of semiconductor devices.
Within this market, auto & transportation will remain the highest growing segment due to the increasing adoption of advanced driver-assistance systems and autonomous vehicles which require rigorous testing to ensure safety and reliability.
APAC will remain the largest region over the forecast period due to the presence of major semiconductor manufacturers and electronics companies in the region.
Tokyo Seimitsu, Besi, DISCO, Cohu, Hangzhou ChangChuan Technology, FormFactor, Teradyne, JHT, Advantest, Aehr Test Systems are the major suppliers in the system level test market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056