Semiconductor assembly and testing services are used in testing the life of the semiconductor. The applications of semiconductors in various industry verticals to its miniaturization are expected to induce testing services. Consumer electronic products and their long shelf life are likely to influence high-end packaging for ICs. The global semiconductor assembly & testing services market report by Market Research Future (MRFR) provides insights on latest developments and niches for the period of 2017 to 2023 (forecast period). The COVID-19 outbreak and its impact on the industry are explored in high detail in the market.
Competitive Outlook of Global SATS Market:
Global Foundries, Integrated Micro-Electronics, Inc., Amkor Technology, Inc., Powertech Technology Inc., Siliconware Precision Industries Co., Ltd., Chipbond Technology Corporation, Advanced Semiconductor Engineering, Inc., STATS ChipPAC Ltd, and CORWIL Technology are key players of the global semiconductor assembly market.
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The global semiconductor assembly and testing services market size is expected to reach a value of USD 28 billion by 2023. It is expected to exhibit 4.5% CAGR over the forecast period.
On the basis of service, the market is segmented into assembly, packaging, and testing. The semiconductor assembly and testing service market was dominated by assembly service with USD 11.6 billion in 2015 and is expected to reach nearly USD 15.7 billion in 2022 with a CAGR of 4.6%.
On the basis of application, the market is segmented into automotive, industrial, consumer electronics, information technology, telecommunication, and others. The semiconductor assembly and testing service market was dominated by telecommunication service with USD 8.09 billion in 2015 and is expected to reach nearly USD 11.3 billion in 2022 with a CAGR of 5.31%
The global semiconductor assembly and testing service market was led by Asia Pacific (APAC) in 2016, and had occupied 45% market share. North America has successfully counted on second position in semiconductor assembly and testing service market globally by occupying 25% market share in 2016. Europe region is showing positive growth occupying 20% market share in 2016. However, Rest-of-the-World (RoW) is growing with slow growth rate and has occupied only 10% market share in 2016.
The major drivers leading the growth of North America is strong market presence of semiconductor assembly and testing services, increasing manufacturing of consumer electronics equipment demanding assembly and packaging services. However, U.S. has a large presence of leading companies like advanced semiconductor engineering, Ankor technology, Chipbond technology and many others.
APAC is driven by growing demand of electronic equipment by the customer, increasing market presence of leading players such as Silicon Precision industries, and Powertech Technology. Additionally, China has the presence of largest consumer electronics industry. Japan has made huge development in semiconductor industry and India has seen increased demand from telecommunication industry.
Table of Content:
1 Executive Summary
4 Global Semiconductor Assembly & Testing Services (SATS) Market, By Application
4.2.1 Consumer Electronics
4.2.2 Information Technology
5 Global Semiconductor Assembly & Testing Services (SATS) Market, By Region
5.2 Market, By Regions
5.2.1 North America
126.96.36.199 Rest Of Europe
188.8.131.52 Rest Of Asia-Pacific
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