According to the latest research by Fact.MR., the SoC Test Platform market is projected to grow at more than 8.5% CAGR during the forecast period owing to the growing demand from consumer electronics and IT & telecommunication end use.
Whereas a few decades ago, a system-on-chip was nothing more than a buzzword, it has now become a vital component of the current world of technology and electronics. SoCs have nearly unlimited and incomparable applications in real-time scenarios. They’re in almost all portable electronics, including smartphones, cameras, tablets, and other wireless devices.
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Who are the Key Manufacturers and Suppliers of SoC Test Platform?
Some of the prominent players in the SoC Test Platform are
- Advantest Corp.
- Astronics Corp.
- CHROMA ATE Inc.
- Cohu Inc.
- Teradyne Inc.
- Xcerra
- Lorlin Test Systems
- Roos Instruments.
Key Segments
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By Product Type
- Automatic SOC Test Platform
- Semi-Automatic SOC Test Platform
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By Type
- Technology Driven Platform
- Application Driven Platform
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By Application
- Embedded Systems
- Mobile Computing
- Computers
- Display System
- Cameras
- Others
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By End-use Industry Type
- Consumer electronics
- IT and telecommunication
- Automotive
- Others
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What is Driving Demand for SoC Test Platform?
“SoC Test Platform,” according to a number of renowned IC industry spokesmen, is an overused word. Its use is growing, however, because it reflects the greater support required to develop comprehensive Systems-on-a-Chip within ever-increasing time and budget restrictions.
However, the prime advantages of adopting SoC test platforms are power, space, and cost savings, also their performance per watt is optimized, SoC test platforms are also significantly more efficient as systems. Systems on a chip also have a tendency to reduce latency if the various components are properly positioned on the motherboard to reduce interference and interconnection delays while also speeding up the data transmission process.
Which Type of SoC Test Platform Is Lucrative?
By type, SoC Test Platform market is segmented into technology driven platform and application driven platform. As technology-driven SoC test platforms are not linked to specific applications, they can be sold to a broad range of customers, much like processor subsystems sold as IP products can be utilized in a variety of applications. Customers are only exclusively involved in technology-driven platform building as a result of their wide range of applicability, while simply showcasing generic traits, features, and performance standards.
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Asia Pacific Demand Outlook for SoC Test Platform
A great number of investments are being made in the development of autonomous vehicles in the constantly changing global automotive industry. These vehicles are equipped with a number of sensors that feed data to an SoC-based computer platform.
Several manufacturers of System-on-Chip test equipment are working on powerful and complex SoCs designed exclusively for autonomous vehicles. . Renesas Electronics Corp., for example, has collaborated with Toyota to build SoCs for the autonomous vehicles, which are set to debut in 2021. The introduction of self-driving cars is an emerging trend that is predicted to boost demand for SoCs.
The Asia Pacific System-on-Chip test platform e-market is predicted to grow at a CAGR of close to 9% as a result of these factors. Apart from this, the growing number of Chinese manufacturers that are acquiring control over the market and providing such platforms at less prices would aid the regional growth. Furthermore, Japan and India are also projected to witness momentous growth over the forecast period.
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SoC Test Platform Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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