Source: Southcarolina-magazine

Lucintel: Lucintel Forecasts the Global System Level Test Market is expected to grow with a CAGR of 8.7% from 2024 to 2030

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 profileration 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 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. Download sample by clicking on system level test market 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 Explore Our Latest Publications IoT Sensors Market Hydrazine Hydrate Market Space Based Solar Power Market Car Satellite Antenna Market Beverage Filter Paper Market Bike Light and Reflector Market Cable Assembly Market Ceramic Filter Market Gas Phase Filtration Market Herbal Supplement Market Media Contact Company Name: Lucintel Contact Person: Roy Almaguer Email: Send Email Phone: 972.636.5056 Address: 8951 Cypress Waters Blvd., Suite 160 City: Dallas State: TEXAS Country: United States Website: https://www.lucintel.com/

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Est. Annual Revenue
$5.0-25M
Est. Employees
100-250
Sanjay Mazumdar's photo - CEO of Lucintel

CEO

Sanjay Mazumdar

CEO Approval Rating

93/100

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