|[January 24, 2014]
Research and Markets: Global System-on-Chip (SOC) Test Equipment Market 2014-2018 with Advantest Corp., LTX-Credence Corp. and Teradyne Inc. Dominating
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/czcpwv/global)
has announced the addition of the "Global
System-on-Chip (SOC) Test Equipment Market 2014-2018" report to
The analysts forecast the Global System-on-Chip (SOC) Test Equipment
market to grow at a CAGR of 3 percent over the period 2013-2018. One of
the key factors contributing to this market growth is the increasing
demand for semiconductors. The Global SOC Test Equipment market has also
been witnessing the increasing demand for high-quality SOC test
equipment. However, the cyclical nature of the industry could pose a
challenge to the growth of this market.
Commenting on the report, an analyst from the team said: Semiconductor
IC manufcturers foresee an increased demand for chips in devices such
as desktop PCs, notebooks, netbooks, tablets, cell phones, and
They have therefore increased production to capitalize on the expected
demand and thereby retain or gain market share. Major semiconductor chip
vendors such as Intel (News - Alert) Corp., Toshiba Corp., Samsung Electronics Co.
Ltd., Texas Instruments Inc., and STMicroelectronics N. V. are either
expanding their current capacities or investing directly/indirectly in
new facilities to meet market demand. In order to thrive in this
competitive environment, semiconductor chip manufacturers are installing
SOC test equipment in their production lines to ensure quality products
are delivered to their customers.
According to the report, one of the main drivers in this market is the
increasing demand for semiconductors. Emerging electronic devices such
as mobile communication devices, telecom devices, and consumer
electronics are propelling the demand for semiconductors. The increasing
adoption of digital signal processing devices and the expansion of
semiconductor devices in automotive and power management applications
have resulted in the increase in demand for semiconductors in the
market. The increasing integration of semiconductors in electronic
devices is expected to foster growth in the market.
For more information visit http://www.researchandmarkets.com/research/czcpwv/global
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