Press release
Semiconductor Assembly and Testing Services Market Value to Cross USD 36.65 Bn by 2022
Market Synopsis of the Semiconductor Assembly and Testing Service Market:
The semiconductor assembly & testing services demand is growing with the rising demand of electronics equipment by the customers. The companies are investing in producing new electronic products in the market. It is designed with innovative organic semiconductor which helps in reducing risk, speed time to market, reduce cycle times and others. The Semiconductor Assembly & Testing Services (SATS) architecture is designed on the basis of Service. Depending on the Service the approach of Semiconductor Assembly & Testing Services (SATS) platform is designed so that the entire code can be executed as a single function. Based on Service the global Semiconductor Assembly & Testing Services (SATS) market is segmented into: Assembly, Testing, and Packaging.
In 2013, Amkor Technology, Inc. has acquired Toshiba Electronics Malaysia to increase the cost competitiveness and expanded the assembly operations. This acquisition was done to enhance the productivity of its power semiconductor operations. This acquisition has resulted in increase of semiconductor assembly and testing services market. The companies like ASE Group, Amkor Technology Inc., and Siliconware Precision Industries Co., Ltd are mainly concentrating on advanced technologies, such as wafer level packaging, flip chip, and others which in-turn increase their company growth. The semiconductor assembly and testing services can analyze the failure of the semiconductor devices by electrical verification or reliability testing processes.
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Key Findings:
By service, the semiconductor assembly and testing service market was dominated by assembly service with USD 11.6 billion in 2015 and is expected to reach nearly USD 15.7 billion in 2022 with a CAGR of 4.6%.
By application, the semiconductor assembly and testing service market was dominated by telecommunication service with USD 8.09 billion in 2015 and is expected to reach nearly USD 11.3 billion in 2022 with a CAGR of 5.31%
Segmentation:
On the basis of service, the market is segmented into assembly, testing and packaging.
On the basis of application, the market is segmented into consumer electronics, information technology, telecommunication, automotive, industrial, among others.
Regional Analysis:
The Global semiconductor assembly and testing service market was led by Asia – Pacific in 2016, and had occupied 45% market share. North America has successfully counted on second position in semiconductor assembly and testing service market globally by occupying 25% market share in 2016. Europe region is showing positive growth occupying 20% market share in 2016. However, rest of the world is growing with slow growth rate and has occupied only 10% market share in 2016.
The major drivers leading the growth of North America is strong market presence of semiconductor assembly and testing services, increasing manufacturing of consume electronics equipment demanding assembly and packaging services. However, U.S. has a large presence of leading companies like advanced semiconductor engineering, Ankor technology, Chipbond technology and many others.
Asia Pacific market is driven by growing demand of electronic equipment by the customer, increasing market presence of leading players such as Silicon Precision industries, and Powertech Technology. Additionally, China has the presence of largest consumer electronics industry. Japan has made huge development in semiconductor industry and India has seen increased demand from telecommunication industry.
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Key Players:
The prominent players in the Advanced Semiconductor Engineering, Inc. (U.S.), Amkor Technology, Inc. (U.S.), Siliconware Precision Industries Co., Ltd. (Taiwan), STATS ChipPAC Ltd (Singapore), Powertech Technology Inc. (Taiwan), CORWIL Technology (U.S.), Chipbond Technology Corporation (U.S.), Integrated Micro-Electronics, Inc. (U.S.), Global Foundries (U.S.).
The market share analysis is derived by considering various factors such as financial position, segmental R&D investment, brand value, passenger information system product portfolio, strategy analysis, and, key innovations in Semiconductor Assembly & Testing Services (SATS) Market among other factors. The major players holding prominent position in the Semiconductor Assembly & Testing Services (SATS) Market are Advanced Semiconductor Engineering Inc., Amkor Technology Inc., and Silicon Precision Industries Co. Ltd.
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Intended Audience
• Market research and consulting firms
• Original equipment manufacturers
• Associations and industrial bodies
• Electronic component suppliers and distributors
• Semiconductor product designers and fabricators
• Product manufacturers/ developers
• Consultancy firms/advisory firms
• Technology investors
• Research institutes
• System Integrators
• Research/Consultancy firm
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