Press release
Semiconductor Assembly and Testing Services Market to grow at 4.7% CAGR by 2021
Key players in global semiconductor assembly & testing services market include ASE Group, Amkor Technologies Inc., STATS ChipPAC Ltd. (JCET), Silicon Precision Industries Co. Ltd., Powertech Technology Inc., CORWIL Technology corporation, Psi Technologies Inc. (IMI), GlobalFoundries and Chipbond Technology Corporation.According to the latest market report published by Persistence Market Research, titled “Global Market Study on Semiconductor Assembly & Testing Services (SATS): To be Driven by Increasing Demand for High-End Packaging Solutions”, the semiconductor assembly & testing services market is estimated to be valued at US$ 29,585.9 Mn by the end of 2015 and is anticipated to expand at a CAGR of 4.7% from 2015 to 2021, to account for US$ 39,050.7 Mn by 2021.
Semiconductor Assembly and Testing Services (SATS) market are witnessing increased demand for outsourced SATS services. Presently, around half of the market is exploiting the Outsourced Semiconductor Assembly and Test (OSAT) services, and the trend is expected to continue in the long run. With increasing competition from the leading and regional players, the market is witnessing consolidation. This helps market participants in utilizing resources of other players to meet increasing technological demands.
Currently, the semiconductor assembly & testing services market across the world is mainly driven by factors such as increasing demand for mobility and connectivity in the consumer electronic products. An increasing demand for connected devices worldwide including smartphones and tablets having connectivity and multimedia capabilities are fuelling the demand for higher packaging technologies, setting up potential revenue opportunity for the SATS market. Additional features offered by SATS providers over in-house testing and packaging capabilities is also one of the primary reasons for the market growth. Additionally, SATS providers facilitate a more efficient supply chain and in-turn reduces time-to-market for a product, therefore SATS providers are becoming the primary choice of integrated design manufacturers.
Increased use of safety systems in the automobile industry is also one of the factors contributing to the growth of the SATS market. . However, factors such as the high capital requirement for offering higher end packaging solutions, fluctuations in exchange rates, and volatility in the market are expected to constrain the growth of the SATS market.
On the basis of services, the semiconductor assembly & testing services market has been segmented into assembly & packaging services and testing services. The assembly & packaging services segment is expected to account for 79.4% share of the global Semiconductor assembly & testing services market by 2015 end and is anticipated to increase at a CAGR of 4.9%, during the forecast period (2015–2021).
The Assembly and Packaging services segment is further classified on the basis of packaging solutions (interconnecting technologies) which includes copper and gold wire bonding, copper clip, flip chip, wafer level packaging, and TSV. Copper and gold wire bonding accounted for the 55.5%share of the assembly and packaging services segment in 2014. The wafer level packaging (interconnecting technology) segment in the global SATS market is anticipated to expand at a CAGR of 9.2% during the forecast period.
On the basis of application, the semiconductor assembly & testing services market is segmented into communications, computing & networking, consumer electronics, industrial and automotive electronics. Among these, communication segment dominated the market in 2014 and is expected to account for 49.4% share of the global semiconductor assembly & testing services market by 2015 end. This segment is expected to expand at CAGR of 5.9% during the forecast period.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/semiconductor-assembly-test-services-market/toc
Increasing adoption of tablets and wearable devices globally, is expected to drive the market growth of consumer electronics segment during the forecast period. Consumer electronics segment is analyzed to increase at a CAGR of 6.6% during the forecast period.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/4786
The report provides detailed information about various trends driving each segment and offers analysis and insights about the potential of the semiconductor assembly & testing services market in specific regions. On the basis of region, the semiconductor assembly & testing services market is segmented into six regions; among these, Taiwan is expected to dominate the market representing 46.5% share by the end of 2015. The market in the region is analyzed to represent largest market share by 2021 expanding at a CAGR of 5.8% during the forecast.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Semiconductor Assembly and Testing Services Market to grow at 4.7% CAGR by 2021 here
News-ID: 517446 • Views: …
More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…

Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…

Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…

Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for SATS
Semiconductor Assembly and Testing Services (SATS) Market Size And Global Indust …
" The Semiconductor Assembly and Testing Services (SATS) market is valued at approximately $19 billion in 2024, reflecting a robust demand driven by technological advancements and the growing complexity of semiconductor devices. During the forecast period from 2025 to 2034, the market is projected to reach around $30 billion, supported by an anticipated Compound Annual Growth Rate (CAGR) of 5.4%. "
Exactitude Consultancy., Ltd. released a research report titled "Semiconductor Assembly…
Segmentation of Semiconductor Assembly and Testing Services (SATS) Market: Trend …
Semiconductor Assembly and Testing Services (SATS) Market Overview:
Most of the semiconductor assembly, testing and packaging related services are outsourced by fabless companies to third party providers known as Outsourced Semiconductor Assembly and Test Services (OSATS) providers.. The global Semiconductor Assembly and Testing Services (SATS) Report contents include Size in value for the Semiconductor Assembly and Testing Services (SATS) market, drivers, trends and challenges, by end user, and growth rate during…
Inflight Catering Market May See Big Move | Dnata, Jetfinity, Sats
Advance Market Analytics published a new research publication on "Inflight Catering Market Insights, to 2026" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Inflight Catering market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…
What is the primary driver of the Semiconductor Assembly & Testing Services (SAT …
Semiconductors are special type of material that have value conductivity between a conductor and an insulator. Contrary to metals, a semiconductor material’s resistance falls as its temperature increases. Semiconductor industry is highly volatile in nature. Major companies emphasize designing and utilization of their expertise to enhance performance of ICs or chipsets. Hence, most of the semiconductor assembly, packaging, and testing related services are outsourced by fabless companies to third party…
Global Small Aircraft Transportation System (SATS) Market Growth 2020-2025
This report also researches and evaluates the impact of Covid-19 outbreak on the Small Aircraft Transportation System (SATS) industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Small Aircraft Transportation System (SATS) and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.).
Global Info Research offers a latest published report on Small Aircraft Transportation System (SATS) Market Analysis and Forecast 2019-2025 delivering key insights…
Aircraft Ground Handling System Market | 2018 Vendors SATS Ltd., Swissport, dnat …
Aircraft Ground Handling System Market size is set to reach USD 185 billion by 2024, according to a new research report by Global Market Insights, Inc. The growing demand for quality solutions and products due to technological advancements and changing consumer behavior have increased aircraft ground handling system market demand. Manufacturers offer solutions and high-end products that can cater to current business demands and overcome the challenges faced by the…