Semiconductor Packaging and Testing Service Market 2024 Research Report

Semiconductor Packaging and Testing Service Market

The global Semiconductor Packaging and Testing Service market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.27% year-on-year.

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Report Scope
The Semiconductor Packaging and Testing Service market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Semiconductor Packaging and Testing Service market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Semiconductor Packaging and Testing Service companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Segment by Type
• IDM
• OSAT

Segment by Application
• Communication
• Automotive Electronics
• Industrial
• Consumer Electronics
• Computing and Networking

By Companies
Intel, Samsung, SK Hynix, Micron, ASE Group, Amkor Technology, Inc., Huatian Technology, Powertech Technology, Inc., Chipbond, Presto Engineering, JECT, Siliconware Precision Industries Co., Ltd., Tongfu Microelectronics, Tower Semiconductor, Qualcomm, MediaTek, UMC, Apple, IBM, Graphcore, ADLINK, Kioxia, Texas Instruments, TSMC, Analog Devices, Sony, Infineon, Bosch, onsemi, Mitsubishi Electric, Micross, UTAC, KYEC, ChipMOS, China Resources Group

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