Burgeoning Semiconductor Assembly and Testing Services market has already crossed the market size of a billion dollar. Today, consumer wants more smart, compact and small devices which are more reliable in terms of performance, more functional and the most importantly, has a low price. Assembly of semiconductor products plays a very vital role in the pricing of the final product and after assembly; the next big factor which is associated with the quality, reliability and cost is testing. With growing demand for the consumer electronic devices and growing semiconductor industry, the market of Semiconductor Assembly and Testing Services is expected to rise subsequently.
According to a recent study report published by the Market Research Future, the global market of Deception Technology is forecasted to witness a thriving growth of ~43 Billion USD by the end of the year 2022, at a CAGR of ~5% between 2016 and 2022.
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Today, the semiconductor industry is more than of USD 400 billion and with the rising investments and expenditure in the development of new products; the market will continue to show the positive growth rate in the coming picture. This is the main factor which is driving the market of semiconductor assembly and testing services. Additionally, increasing usage of consumer electronic products such as smartphones and tablets have enhanced the demand for advanced packaging technologies, in turn resulting in to revenue generating potential for the global semiconductor assembly and testing services (SATS) market. Growing adoption of safety systems across the automobile industry has further provided impetus to the growth of the global SATS market. Whereas changing technological environment, government rules towards the use of ecofriendly environment and e-wastage along with the high capital requirement for offering high-end packaging solutions, volatility in the market, and fluctuations in exchange rates is expected to hinder the market growth of Semiconductor Assembly and Testing Services during forecast period.
SATS Global Markets – Key Players:
Giant players having a strong presence in the international and regional market adorn the global Semiconductor Assembly and Testing Services market as highly competitive and fragmented. SATS Services market demonstrates a high potential for growth opportunities which attracts several entrants to join the bandwagon due to which the market will witness a fierce competition during the forecast period. The key strategies traced from the analysis of recent developments of the key players include Product Launch, distinguished services and product offerings, Agreement & Partnership, Acquisition and expansion
The prominent players in the Semiconductor Assembly and Testing Services Market are –Advanced Semiconductor Engineering, Inc. (U.S.), Amkor Technology, Inc. (U.S.), Siliconware Precision Industries Co., Ltd. (Taiwan), STATS ChipPAC Ltd (Signapore), Powertech Technology Inc. (Taiwan), CORWIL Technology (U.S.), Chipbond Technology Corporation (U.S.), Integrated Micro-Electronics, Inc. (U.S.), GlobalFoundries (U.S.) among others.
SATS Global Markets – Segments:
The Semiconductor Assembly & Testing Services Market Size can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Services : Comprising Assembly, Packaging, Testing.
Segmentation by Application : Comprising Consumer Electronics, Information Technology, Telecommunications, Automotive Industrial, Others
Segmentation By Regions : Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
Semiconductor Assembly and Testing Services (SATS) Global Markets – Synopsis
There is a heightened demand for outsourced services. Over half of the market is accounted for by outsourced services. The trend of utilizing outsourced semiconductor assembly and test (OSAT) services is anticipated to continue in the future. Additional features offered by SATS providers over in-house testing services are expected to further fuel the demand from the market. Further, SATS providers facilitate a more efficient supply chain and are hence preferred by integrated device manufacturers (IDM). The global Semiconductor Assembly and Testing Services market is expected to grow at USD ~43 billion by the end of year 2022 with ~5% of CAGR.
SATS Markets – Regional Analysis:
Asia Pacific is dominating the market of Semiconductor Assembly and Testing Services. High development in field of manufacturing industry and high presence of semiconductor manufacturing companies gives Asia-Pacific a competitive advantage over other regions. North America stands as second biggest market for Semiconductor Assembly and Testing Services where U.S. is the major contributors in the market growth due to the growing telecommunication and IT industry. Asia-Pacific is also expected to be the fastest growing market during the forecast period. Development of Asian countries is inviting major big players to establish their business unit in Asian Countries.
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