SOC Test Equipment Market to See CAGR of 1.1% 2014-2019
July 10, 2015 | PRNewswireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "Global SOC Test Equipment Market 2015-2019" report to their offering.
The Global SOC Test Equipment market to grow at a CAGR of 1.1 percent over the period 2014-2019.
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.
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.
Suggested Items
Infineon Advances on 300-millimeter GaN Manufacturing Roadmap as Leading Integrated Device Manufacturer (IDM)
07/10/2025 | InfineonAs the demand for gallium nitride (GaN) semiconductors continues to grow, Infineon Technologies AG is poised to capitalize on this trend and solidify its position as a leading Integrated Device Manufacturer (IDM) in the GaN market.
Webinar Review: A Global Trade and Economy in Flux
07/09/2025 | I-Connect007 Editorial TeamIn a July 8 webinar, Global Electronics Association Chief Economist Shawn DuBravac provided a comprehensive analysis of the evolving international trade environment, its implications for inflation, monetary policy, and labor dynamics, and a sober assessment of market valuations. In “Navigating a Shifting Landscape” DuBravac painted a picture of a global economy in flux, where shifting trade alliances and tariff structures are redrawing the supply chain map and influencing the broader economic landscape, while also conveying an overall bullish market outlook.
I-Connect007’s Editor’s Choice: Five Must-Reads for the Week
07/04/2025 | Marcy LaRont, I-Connect007For our industry, we have seen several bullish market announcements over the past few weeks, including one this week by IDC on the massive growth in the global server market. We’re also closely watching global trade and nearshoring. One good example of successful nearshoring is Rehm Thermal Systems, which celebrates its 10th anniversary in Mexico and the official opening of its new building in Guadalajara.
Weather RADAR Market Set to Hit Valuation of US$ 816.19 Million by 2033
07/04/2025 | PRNewswireThe global weather RADAR market was valued at US$ 158.43 million in 2024 and is projected to reach US$ 816.19 million by 2033, growing at a CAGR of 21.42% during the forecast period 2025–2033.
Philippines PC Market Falls 12.2% in Q1 2025 as Education Demand Slows
07/04/2025 | IDCAccording to the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Devices Tracker, Q1 2025, the Philippines' traditional PC Market (desktops, notebooks, and workstations) dropped by 12.2% YoY in Q1 2025 to 617 thousand units.