Semiconductor Assembly & testing Services Market Forecast 2019-2027, Latest Tren

Posted by rohit on February 17th, 2020

Market Overview

Semiconductors are special type of material that have value conductivity between a conductor and an insulator. Contrary to metals, a semiconductor material’s resistance falls as its temperature increases. Semiconductor industry is highly volatile in nature. Major companies emphasize designing and utilization of their expertise to enhance performance of ICs or chipsets. Hence, most of the semiconductor assembly, packaging, and testing related services are outsourced by fabless companies to third party providers also called Outsourced Semiconductor Assembly and Test Service Provider.

This report provides an in-depth analysis of the global semiconductor assembly and testing services market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year

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Market Dynamics

The ongoing demand for consumer electronics with the advancement in technology is driving the growth of global semiconductor assembly and testing services market. High development of cell phones and tablets are the potential markets for SATS. Increasing mobility and growing digital content is expected to drive the growth of global semiconductor assembly and testing services market growth during the forecast period. For instance, according to CMI analysis, the global semiconductor sectors  total revenue is  increased from USD483 billion in 2018 to USD517 billion in 2019.Increasing demand for automotive electronics in the upcoming generation cars built with electronic components, system to enhance car safety, and management system are driving the growth of global semiconductor assembly and testing services market. Rising adoption of latest technologies in navigation, hybrid electric driver, and in LED creates demand for this market.

Detailed Segmentation:

  • Global Semiconductor Assembly and Testing Services Market, By Service:

    • Assembly & Packaging Services

      Testing Services

  • Global Semiconductor Assembly and Testing Services Market, By Packaging Solutions:

    • Copper Wire and Gold Wire Bonding,

      Copper Clip,

      Flip Chip,

      Wafer Level Packaging

      TSV

  • Global, Semiconductor Assembly and Testing Services Market, By Application:

    • Communication

      • Computing & Networking

        Consumer Electronics

        Industrial

        Automotive Electronics

  • Global Semiconductor Assembly and Testing Services Market, By Region:

    • North America

      Europe

      Asia Pacific

      Latin America

      Middle East and Africa

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Key companies operating in the global semiconductor assembly and testing services market are ASE Group, Powertech Technology Inc., Global Foundries Inc., Amkor Technology Inc., CORWIL Technology Corp., Integrated Microelectronics Inc. (Psi Technologies Inc.), STATS chipPAC Ltd. (JCET), Chipbond Technology Corporation, and Silicon Precision Industries Company Ltd.

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rohit

About the Author

rohit
Joined: February 6th, 2020
Articles Posted: 341

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