Lewes, DE -- (SBWIRE) -- 03/12/2015 -- Report forecast the Global SOC Test Equipment market to grow at a CAGR of 1.1 percent over the period 2014-2019.

SOC is an integrated circuit consisting of several transistors on a single chip. It finds application in embedded systems. It consists of single or multiple cores of microcontroller, microprocessor, digital signal processor, memory blocks, oscillators, timers and counter-timers, external interfaces, power management circuits, and analog interfaces. The presence of a large number of components on the chip increases the faults in the chip. Thus, the SOC test equipment (used in the back-end process in the semiconductor manufacture before final packaging) plays an important role and ensures fault-free production of chips. Some of the faults that are tested during SOC testing include timing faults, interconnection faults, and electrical interferences. The SOC test equipment helps semiconductor manufacturers increase the production yield by lowering time for reduction. Also, the SOC test equipment has been gaining more significance among semiconductor manufacturers because of miniaturization of electronic devices as well as an increased focus on reducing the throughput time.

This report covers the present scenario and the growth prospects of the Global SOC Test Equipment market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of SOC test equipment worldwide. However, the report does not take into consideration the following while calculating the market size:

- Support or maintenance services that are offered for/with SOC test equipment
- Components that are used in the production of SOC test equipment
- Aftermarket sales of SOC test equipment

According to the lead analyst of this report,rise in demand for high quality SOC test equipment is one of the major trends in the market. Semiconductor IC manufacturers are expected to witness an increased demand for chips in devices like desktop PCs, notebooks, netbooks, tablets, cellphones and smartphones during the forecast period.

According to the report, increased demand for smartphones and tablets is a key driver in the market. With the availability of low-cost smartphones in the emerging markets like China and India, and increased internet penetration worldwide, the shipments of smartphones are estimated to increase by 2019.

Further, the report states that rapid advances in technology are a major challenge in the market. As a result of the growing demand for consumer electronics, computers and communication devices, electronic device vendors are currently reinventing their products and developing faster, smaller and more efficient products.

Global SOC Test Equipment Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global SOC Test Equipment market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

This report covers the following companies as the key players in the Global SOC Test Equipment Market: Advantest Corp., LTX-Credence Corp. and Teradyne Inc.

Key Regions
- Americas
- APAC
- EMEA

Market Driver
- Increased Demand for Smartphones and Tablets
- For a full, detailed list, view our report

Market Challenge
- Rapid Changes in Technology
- For a full, detailed list, view our report

Market Trend
- Increased Demand for High-quality SOC Test Equipment
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 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 71 pages, "Global SOC Test Equipment Market 2015 - 2019" report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Industry Overview, Market Landscape, Geographical Segmentation, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis, Market Summary.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-soc-test-equipment-market-2015-2019

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