Automated Test Equipment in the Non-Memory segment dominated the global ATE market with over 70% of the overall market share in 2014. This is chiefly due to increased penetration of smartphones into the market, increased automotive demand, and development of Long-Term Evolution (LTE) wireless communication standard.
The non-destructive testing market will be driven by industries requiring methods of testing that can incite financial savings while enabling fruitful troubleshooting. During the forecast period of 2019-2025.
Machine condition monitoring decides the maintenance of the machine by monitoring its condition; thus increasing the efficiency of the assets and time for repair.
The global testing, inspection, certification services Market is estimated to surpass $117.8 billion and is estimated to grow at a CAGR 5.07% during 2018-2023.
The failure analysis market is valued at $5.4 billion in 2017 growing at a CAGR of 7.7% during 2018-2023.
Nano-mechanical testing method generally requires observation of sample by scanning electron microscope, force measurement and micro assembly in the range from nanonewtons to millinewtons and also for deflection measurement.
The Quality Control Market is estimated to surpass $44,212.1Million by 2021 growing at an estimated rate of more than 6.22% during 2018 to 2021 majorly driven by the introduction of various services in major sectors like aerospace and automotive.
South Africa TIC market is segmented based on the different end users in which Medical and Life Science is estimated to register the highest growth rate of 12.2% from the year 2018 to 2023.