Increasing adoption of consumer electronic products to augment growth of semiconductor assembly and testing services market, Major Players Include - Tokyo Electron, Lam Research, KLA-Tencor

𝗧𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝘀𝗲𝗺𝗶𝗰𝗼𝗻𝗱𝘂𝗰𝘁𝗼𝗿 𝗲𝗾𝘂𝗶𝗽𝗺𝗲𝗻𝘁 𝗺𝗮𝗿𝗸𝗲𝘁 𝘄𝗮𝘀 𝘃𝗮𝗹𝘂𝗲𝗱 𝗮𝘁 𝗨𝗦$ 𝟱𝟳.𝟭 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝟮𝟬𝟭𝟳, 𝗮𝗻𝗱 𝗶𝘀 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗿𝗲𝗮𝗰𝗵 𝗨𝗦$ 𝟭𝟬𝟳.𝟳𝟲 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗯𝘆 𝟮𝟬𝟮𝟲, 𝗲𝘅𝗵𝗶𝗯𝗶𝘁𝗶𝗻𝗴 𝗮 𝗖𝗔𝗚𝗥 𝗼𝗳 𝟳.𝟮% 𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗽𝗲𝗿𝗶𝗼𝗱.

𝗦𝘆𝗻𝗼𝗽𝘀𝗶𝘀 𝗼𝗳 𝗧𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁:

Semiconductor Assembly and Testing Services Market, By Service (Assembly & Packaging Services and Testing Services), By Packaging Solutions (Copper Wire and Gold Wire Bonding, Copper Clip, Flip Chip, Wafer Level Packaging and TSV), By Application (Communication, Computing & Networking, Consumer Electronics, Industrial and Automotive Electronics), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 57.1 billion in 2017 and is expected to exhibit a CAGR of 7.2% over the forecast period, as highlighted in a new report published by Coherent Market Insights

𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄:

Semiconductors are important ingredient in any electronic device that offer conductivity between a conductor and an insulator. The semiconductor industry is highly volatile in nature and key players in the market are highly involved in designing and utilization of their expertise to improve performance of ICs or chipsets.

𝗧𝗼𝗽 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗜𝗻𝗰𝗹𝘂𝗱𝗲: include Applied Materials, ASML, Canon, Tokyo Electron, Lam Research, KLA-Tencor, Dainippon Screen, Advantest, Teradyne, and Hitachi High-Technologies.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗮 𝘀𝗮𝗺𝗽𝗹𝗲 𝘁𝗼 𝗼𝗯𝘁𝗮𝗶𝗻 𝗮𝘂𝘁𝗵𝗲𝗻𝘁𝗶𝗰 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗮𝘁 - https://www.coherentmarketinsights.com/insight/request-sample/2532

Key Drivers

Growing demand for mobility and connectivity in consumer electronic products is driving growth of the semiconductor assembly and testing services market. For instance, in June 2020, HP launched Always Connected PCs which comes with 4G connectivity. The new laptops are powered by 10th Generation chipsets and it is one of the biggest USP of the new laptops is the option to connect wirelessly using 4G network.

Rapid growth in the automotive sector is expected to propel growth of the semiconductor assembly and testing services market. Moreover, growing adoption of IoT across commercial, industrial, and residential sectors is again accelerating the use of semiconductor equipment. For instance, General Electric offers Brilliant Factory, a suite of hardware assets, software, and consultation services, for upgrading factories as per the industrial IoT (IIoT) principles

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

➤ North America: United States, Mexico and Canada

➤ South & Central America: Argentina, Chile, Brazil and Others

➤ Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt, South Africa & Rest of MEA.

➤ Europe: UK, France, Italy, Germany, Spain, BeNeLux, Russia, NORDIC Nations and Rest of Europe.

➤ Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, Australia and Rest of APAC.

𝗚𝗲𝘁 𝗣𝗗𝗙 𝗕𝗿𝗼𝗰𝗵𝘂𝗿𝗲 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝗿𝗲𝗽𝗼𝗿𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘄𝗶𝘁𝗵 𝗳𝗶𝗴𝘂𝗿𝗲𝘀 𝗮𝗻𝗱 𝗱𝗮𝘁𝗮 𝘁𝗮𝗯𝗹𝗲𝘀, 𝗮𝗹𝗼𝗻𝗴 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 - https://www.coherentmarketinsights.com/insight/request-pdf/2532

Covid-19 Impact Analysis

Semiconductor companies have had faced difficulties in operating their facility during Covid-19 pandemic. Moreover, some of the companies have also temporarily shut down while others are struggling to continue their operations. However, many companies are experiencing sharp growth due to the growing demand for semiconductor in manufacturing medical device and other medical product. This is encouraging producers to increase the production capacity and supply around the globe.

Key Takeaways:

The semiconductor assembly and testing services market is expected to exhibit a CAGR of 7.2 % over the forecast period owing to the growing technological advancement in electronic products.

Asia Pacific is expected to gain significant growth over the forecast period owing to the increasing adoption of wearable device such as smartwatch and fitness equipment in the region.

Detailed Segmentation

Global Semiconductor Equipment Market, By Product Type:

Semiconductor Front-end Equipment

Semiconductor Back-end Equipment

Global Semiconductor Equipment Market, By Application:

Discrete Semiconductor

Optoelectronic Device

Sensors

Integrated Circuits

Global Semiconductor Equipment Market, By Equipment:

Wafer Processing

Assembly & Packaging

Testing Equipment

Global Semiconductor Equipment Market, By End Use:

PCs

Mobile Handsets

Televisions Assembly & Packaging

𝗙𝗔𝗤'𝗦:

➤ What is the estimated growth rate of the market for the forecast period of 2022-2028?

➤ What will the market size be in the anticipated time frame?

➤ What are the primary aspects that will determine the Semiconductor Equipment Market's fate over the forecast period?

➤ What are the major market players' winning strategies for building a strong presence in the Semiconductor Equipment Market industry?

➤ What are the primary market trends influencing the Semiconductor Equipment Market's growth in various regions?

➤ What are the biggest dangers and difficulties that are likely to stymie the Semiconductor Equipment Market's growth?

➤ What are the most critical opportunities for market leaders to succeed and profit?

𝗧𝗮𝗯𝗹𝗲 𝗢𝗳 𝗖𝗼𝗻𝘁𝗲𝗻𝘁:

1. Market Overview

▪ Research Objective and Assumption

▪ Research Objectives

▪ Assumptions

▪ Abbreviations

2. Market Preview

▪ Report Description

▪ Market Definition and Scope

▪ Executive Summary

▪ Market Snippet, By Function

▪ Market Snippet, By Application

▪ Market Snippet, By Region

▪ Coherent Opportunity Map (COM)

3.Market Dynamics, Regulations, and Trends Analysis

▪ Market Dynamics

▪ Drivers

▪ Restraints

▪ Market Opportunities

▪ Regulatory Scenario

▪ Industry Trend

▪ Merger and Acquisitions

▪ New system Launch/Approvals

▪ Value Chain Analysis

▪ Porter's Analysis

▪ PEST Analysis

Continue…

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𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝘀
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This release was published on openPR.