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Semiconductor Assembly and Test Services Market Dynamics and Forecast From 2019 - 2027

06-07-2021 12:39 PM CET | IT, New Media & Software

Press release from: Transparency Market Research

Global Semiconductor Assembly and Test Services Market: Introduction

Transparency Market Research delivers key insights on the global semiconductor assembly and test services market. In terms of revenue, the global SATS market is estimated to expand at a CAGR of ~ 6% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global semiconductor assembly and test services market.

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Semiconductors have made their presence in almost every industry vertical. The market for semiconductor assembly and test services (SATS) is projected to expand gradually, with the growing trend of outsourcing by OEMs and chipmakers. Semiconductor assembly and test services have been shifting toward the outsourcing business mode over the last few years. This shift toward the outsourcing of SATs is expected to increase in the next few years, as OEMs and device manufacturers are trying to keep pace with the growing complexity in the packaging technology. Advancements in packaging technology with the development of wafer-level processes have transformed providers of semiconductor assembly and test services into technology enablers for emerging applications in consumer electronics and computing.

In this research report, TMR mentions that, wafer level packaging is estimated to be the most rapidly expanding service segment of the global SATS market by 2027. The rising demand for consumer electronics products is the key factor driving the demand for semiconductor assembly and test services across the globe. The increasing demand for high-end electronics systems for use in automobiles is also expected to drive the global semiconductor assembly and test services market from 2019 to 2027. Over the last decade, prominent countries in Asia Pacific have witnessed an alarming rate of forgeries/counterfeiting in semiconductor assembly and test services. This has augmented the demand for semiconductor assembly and test services in the region. In addition to this, the increasing demand for semiconductor assembly and test services (SATS) and outsourced semiconductor assembly and test services (OSATS) is likely to drive the global semiconductor assembly and test services market during the forecast period.

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Global Semiconductor Assembly and Test Services Market: Key Players

Key players operating in the global semiconductor assembly and test services market include ASE Technology Holding Co., Ltd., Amkor Technology, Powertech Technology Inc., Chipbond Technology Corporation, Integrated Micro-Electronics, Inc., GlobalFoundries, UTAC Group, TongFu Microelectronics Co., Ltd., King Yuan ELECTRONICS CO., LTD. and ChipMOS TECHNOLOGIES INC.

Global Semiconductor Assembly and Test Services Market: Segmentation

Semiconductor Assembly and Test Services Market by Service

- Assembly & Packaging
- Copper Wire and Gold Wire Bonding
- Flip Chips
- Wafer Level Packaging
- TSV
- Others
- Testing

Semiconductor Assembly and Test Services Market by End User

- Foundries
- Semiconductor Electronic Manufacturers
- Testing Homes

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About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Transparency Market Research,
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Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

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