GLOBAL SEMICONDUCTOR ASSEMBLY & TESTING SERVICES MARKET TO EXPAND AT A CAGR OF 4.7% BY 2018-2021 TO REACH US$ 39,050.7 MN BY 2021

Press Release - 26 June 2018
Research and Development News --
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Latest Update "Global Market Study on Semiconductor Assembly and Testing Services (SATS): To be Driven by Increasing Demand for High-End Packaging Solutions" with Industries Survey | Global Current Growth and Future.
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The SATS market is anticipated to have substantial growth mainly driven by the increasing costs for advanced packaging solutions. However, with increasing competition, the price is expected to decrease in the foreseeable future. Major drivers propelling the market include: increasing demand for mobility and connectivity in consumer electronic products and increasing demand of advanced electronic systems in the automobiles Additionally, increasing demand for mobility and connectivity in the consumer electronic products and ability of SATS providers to facilitate a more efficient supply chain and reduced time-to-market are few other factors propelling the market growth. SATS providers offer additional features over in-house testing and packaging capabilities which is one of the primary factors for Integrated Device Manufacturers (IDM) to outsource the SATS services. In addition, the global market of semiconductor assembly and test services has been witnessing the emergence of strategic alliances and collaborations among the leading providers and manufacturers due to rising financial pressures.
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Currently, more than 50% of the market accounted for Outsourced Semiconductor Assembly and Testing (OSAT) services, and this fraction is expected to increase during the forecast period. Although many of the low-end SATS providers are competing on price-driven products,

To understand and assess the opportunities in this market, the report is categorically split into three sections, namely, market analysis by services, application, and region. The services section is further sub-segmented on the basis of interconnecting technologies. The report analyzes the global semiconductor assembly and testing services market in terms of market value (US$ Mn).

The report starts with an overview of the global semiconductor assembly and testing services market and usage of these services in various applications across the globe. In the same section, PMR covers the global semiconductor assembly and testing services market performance in terms of revenue. This section includes PMRs analysis of key trends, drivers, and restraints from supply and demand perspectives. Impact analysis of key growth drivers and restraints, based on the weighted average model, is included in this report to better equip clients with crystal clear decision-making insights.

- The Semiconductor Assembly and Testing Services market is segmented as follows:

By Services
By Application
By Region
On the basis of services, the SATS market is segmented into:

Assembly & Packaging Services
- Testing Services

Of these, the assembly & packaging services accounted for the highest share of the overall semiconductor assembly and testing services market in 2014. The semiconductor assembly and testing services market is mainly driven by factors such as increasing adoption of consumer electronics products such as tablet PCs and wearable devices (smart watches, head mounted devices, fitness equipment etc. in the developed economies.

The section that follows analyzes the market on the basis of packaging solutions and presents the market size in terms of value for the forecast period.

- On the basis of packaging solutions, the SATS market is segmented as follows:

Copper Wire and Gold Wire Bonding
Copper Clip
Flip Chip
Wafer Level Packaging
TSV

Of the above-mentioned segments, the wafer level packaging segment is expected to increase at the highest CAGR during the forecast period. However, the copper wire and gold wire bonding segment is expected to dominate the semiconductor assembly and testing services market in terms of value, by 2021.

- On the basis of application the SATS market is segmented as follows:

Communication
Computing and Networking
Consumer electronics
Industrial
Automotive electronics

Of the aforementioned segments, the consumer electronics segment is expected to expand at the highest CAGR during the forecast period. However, the communications application segment is expected to dominate the semiconductor assembly and testing services market in terms of value, by 2021. Leading market participants are investing heavily in R&D activities in order to innovate new advanced packaging solutions that would cater to the growing demand of miniaturization and low power requirements. For instance, in May 2014, STATS chip PAC (now JCET) introduced innovative FlexLine Manufacturing line. This manufacturing line can process multiple silicon wafer diameters, and produce both fan-in and fan-out wafer level packages on it. Additionally, it pioneered the Through Silicon via (TSV) enabled 3D chip stacking technology in August 2013.

- The report also analyzes the market on the basis of region and presents the market size in terms of value for the forecast period.
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– More Clear Details get Table of Contents_https://www.researchmoz.us/global-market-study-on-semiconductor-assembly-and-testing-services-sats-to-be-driven-by-increasing-demand-for-high-end-packaging-solutions-report.html/toc
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- Regions covered in the report are as follows:

North America
Asia Pacific Excluding Taiwan
China
Japan
Singapore,
Thailand
The Philippines
Taiwan
Europe
The Middle East & Africa
Latin America

Of the aforementioned segments, the Taiwan market is expected to expand at the highest CAGR during the forecast period and is expected to remain largest market share, out of the total semiconductor assembly and testing services market in 2021.

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