Lewes, DE -- (SBWIRE) -- 04/06/2017 -- Report forecast the global SoC test equipment market to grow at a CAGR of 2.24% during the period 2017-2021.

SoC test equipment is used by semiconductor manufacturers to test the SoCs before final packaging to ensure fault-free production of chips. SoC testing helps detect fabrication errors, timing faults, and electrical interferences. SoC test equipment helps semiconductor manufacturers increase the production yield by high throughput and high parallel test capabilities.

The report covers the present scenario and the growth prospects of the global SoC test equipment market for 2017-2021. To calculate the market size, the report estimates exclude aftermarket sales and services, components used in the production of SoC test equipment, and maintenance and support services that are offered with SoC test equipment.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, one driver in market is emergence of IoT. Internet of things (IoT) is the system of interrelated devices or things embedded with electronics, software, sensors, and network connectivity. It involves machine-to-machine (M2M) communication enabling devices to exchange and act upon information by eliminating human-to-human or human-to-computer interaction. According to networking equivalent, Metcalfe's Law, formulated by Robert Metcalfe, the value of a telecommunications network is proportional to the square of the number of devices connected to it. We predict that the number of connected devices will be more than 4.9 billion connected devices by 2021. Thus, IoT is driving the demand for connected devices, which is driving the demand for SoCs used in these devices.

Further, the report states that one challenge in market is high cost of ATE. With the customized and specialized components, the test equipment is exceptionally reliable and provides accurate measurement results when needed. SoC test equipment performs two functions — to test if the device under test (DUT) is working properly and to detect the reason when the DUT is not working properly. The diagnosing of the issue can be difficult and can involve a high cost. ATE commonly reduces the failure rate for a similar group of components. A test equipment needs to test a wide variety of ICs. Both hardware and software components are designed to work over a wide range of operations. Purchasing all available options results in a higher cost of the test equipment. It is difficult to achieve increasing test performance requirements in a fast-moving environment where device performance continuously pushes the limits of ATE capabilities. Thus, this increases SoC test equipment discontinuance and testing costs. Many of the ATE provide functional test capabilities, which is an expensive way to test the entire operation of a chip in a package.

Global SoC Test Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global SoC test equipment market: ADVANTEST, Teradyne, and Xcerra.

Other Prominent Vendors in the market are: Astronics Test Systems, Chroma ATE, Lorlin Test Systems, Marvin Test Solutions, National Instruments, and Roos Instruments.

Market driver
- Increased demand for SoC test products in consumer electronics.
- For a full, detailed list, view our report

Market challenge
- Optimal service to the installed equipment base.
- For a full, detailed list, view our report

Market trend
- High-quality test equipment to deal with increasing design complexity.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 70 pages and 24 Exhibits "Global System-On-Chip Test Equipment Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market size and forecast, Market segmentation by application, Geographical segmentation, Key leading countries, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-system-chip-test-equipment-market-2017-2021

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