Dongwu Securities forecasts China’s storage test-equipment market may expand to
15.5 bln yuan in 2027 from 4.8 bln yuan in 2026, a ~223% YoY rise, driven by
capacity expansion at Changxin and Changcun and rising per-unit value of
high-end DRAM and HBM testers. It estimates domestic localization for storage
testers was only about 8–10% in 2025; with overseas vendors’ delivery times
lengthening, Dongwu says domestic equipment suppliers could rapidly replace
imports after technical breakthroughs.
