Global Semiconductor Assembly and Testing Services Market to 2028

Dublin, July 16, 2021 (GLOBE NEWSWIRE) – The report “Semiconductor Assembly and Testing Services Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Service and Application” has been added to ResearchAndMarkets.com offer.

Semiconductor assembly and testing services market was valued at US $ 50,223.8 million in 2020 and is expected to reach US $ 71,784.6 million by 2028; it is expected to grow at a CAGR of 4.56% from 2020 to 2028.

Industrial automation plays a vital role in every industry and manufacturing scenario. This saves time and money and reduces human effort. The use of control systems, including computers or robots, and information technology to manage different processes and machines help to maximize the productivity rate of any business. The growing adoption of IoT in industrial, commercial and residential sectors is accelerating the use of semiconductor equipment. For example, General Electric offers Brilliant Factory, a suite of hardware assets, software, and consulting services, for upgrading factories to industrial IoT (IIoT) principles. The company said it can help manufacturers improve the performance of their factories using predictive analytics. Additionally, industrial automation is used across all industries including manufacturing, electronics, automotive, aerospace, and defense, which in turn drives the demand for semiconductor devices. . Thus, the high use of semiconductor devices in industrial automation is propelling the growth of the semiconductor assembly and testing services market.

Based on service, the global semiconductor assembly and testing services market is segmented into assembly and packaging services and testing services. The assembly and packaging services segment held a larger market share in 2020. On the basis of applications, the market is segmented into consumer electronics, automotive, medical, industrial and other applications. The consumer electronics segment dominated the market in 2020, and the automotive industry is expected to register the highest CAGR in the market during the period 2021-2028. Based on the region, the semiconductor assembly and testing services market is segmented into North America, Europe, APAC, and RoW. In 2020, APAC dominated the global market with over 50% revenue share, followed by North America and Europe respectively.

The unprecedented growth in the spread of COVID-19 has urged governments around the world to impose strict restrictions on the movement of vehicles and people. Travel bans, mass closures and business closures have affected several economies and industries in various countries. The imposition of the foreclosure resulted in a decrease in the production of commodities, goods and services. Manufacturing, automotive, semiconductor and electronics, oil and gas, mining, aviation and other industries have experienced a downturn in operations due to temporary shutdowns . The semiconductor industry has been hit hard due to declining demand for electronic components from the industrial sector and other end users.

In addition, the revenues of microelectronics suppliers also declined due to the reduction in production during the lockdown period. After the lockdown, the semiconductor production facilities restarted the operation by taking social distancing measures. In addition, work-from-home and remote-monitoring strategies have helped increase the sale of advanced electronics for better connectivity. The demand for IT and telecommunications products to ensure efficient communications has increased in many businesses, which has allowed the industry to evolve with new technologies such as IoT connectivity. Growing demand for small form factor electronic devices, especially for health monitoring, as well as smartphones has increased the growth of the semiconductor assembly and testing services market.

Major players operating in the global semiconductor assembly and testing services market include Amkor Technology; ASE Group; Chipbond Technology Company; Integrated Micro-Electronics, Inc .; Integrated Technologies; Powertech Technology Inc .; Siliconware Precision Industries Co., Ltd; Teledyne Technologies Incorporated; Unisem Group; and JCET Group Co., Ltd.

Main topics covered:

1. Introduction
1.1 Scope of the study
1.2 Orientation of the research report
1.3 Market segmentation
1.3.1 Semiconductor Assembly and Testing Services Market – By Services
1.3.2 Semiconductor Assembly and Testing Services Market – By Application
1.3.3 Semiconductor Assembly and Testing Services Market by Region

2. Key points to remember

3. Research methodology
3.1 Coverage
3.2 Secondary research
3.3 Primary research

4. Semiconductor Assembling and Testing Services Market Landscape
4.1 Market overview
4.2 PEST analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia-Pacific
4.2.4 Rest of the world
4.3 Ecosystem analysis
4.4 Expert advice

5. Semiconductor Assembly and Testing Services Market – Key Market Dynamics
5.1 Main market drivers
5.1.1 Growing Demand for Consumer Electronics
5.1.2 High use of semiconductor devices in industrial automation
5.2 Main market constraints
5.2.1 Growing problem of electronic waste
5.3 Key Market Opportunities
5.3.1 Booming Automotive Industry to Power Semiconductor Assembly and Testing Services
5.4 Future trends
5.4.1 Advances in Semiconductor Packaging Techniques
5.5 Impact analysis of conductors and stresses

6. Semiconductor Assembly and Testing Services Market – Global Analysis
6.1 Global Semiconductor Assembling and Testing Services Market Overview
6.2 Semiconductor Assembling and Testing Services Market – Global Revenue and Forecast to 2028 (USD Million)
6.3 Market positioning – Five key players

7. Semiconductor Assembling and Testing Services Market Analysis – By Service
7.1 Overview
7.2 Semiconductor Assembly and Testing Services Market, By Services (2020 and 2028)
7.3 Assembly and packaging services
7.3.1 Overview
7.3.2 Assembly and Packaging Services: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (Million USD)
7.4 Test services
7.4.1 Overview
7.4.2 Testing Services: Semiconductor Assembly and Testing Services Market Revenue and Forecast to 2028 (USD Million)

8. Semiconductor Assembly and Testing Services Market – By Application
8.1 Overview
8.2 Semiconductor Assembly and Testing Services Market, by Application (2020 and 2028)
8.3 Consumer electronics
8.3.1 Overview
8.3.2 Consumer Electronics: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (USD Million)
8.4 Automotive
8.4.1 Overview
8.4.2 Automotive: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (Million USD)
8.5 Medical
8.5.1 Overview
8.5.2 Medical: Semiconductor Assembling and Testing Services Market – Revenue and Forecast to 2028 (USD Million)
8.6 Industrial
8.6.1 Overview
8.6.2 Industrial: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (USD Million)
8.7 Other applications
8.7.1 Overview
8.7.2 Other Applications: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (USD Million)

9. Semiconductor Assembly and Testing Services Market – Geographic Analysis

10. Semiconductor Assembly and Testing Services Market – COVID-19 Impact Analysis
10.1 Overview
10.1.1 North America
10.1.2 Europe
10.1.3 Asia-Pacific
10.1.4 Rest of the world

11. Industry landscape
11.1 Overview
11.2 Market initiative
11.3 Merger and acquisition

12. Company profiles
12.1 Amkor technology
12.1.1 Key facts
12.1.2 Company description
12.1.3 Products and services
12.1.4 Financial overview
12.1.5 SWOT Analysis
12.1.6 Key developments
12.2 ASE Group
12.2.1 Key facts
12.2.2 Company description
12.2.3 Products and services
12.2.4 Financial overview
12.2.5 SWOT Analysis
12.2.6 Key developments
12.3 Chipbond Technology Company
12.3.1 Key facts
12.3.2 Company description
12.3.3 Products and services
12.3.4 Financial overview
12.3.5 SWOT Analysis
12.3.6 Key developments
12.4 Integrated Micro-Electronics, Inc.
12.4.1 Key facts
12.4.2 Company description
12.4.3 Products and services
12.4.4 Financial overview
12.4.5 SWOT Analysis
12.4.6 Key developments
12.5 Integrated Technologies
12.5.1 Key facts
12.5.2 Company description
12.5.3 Products and services
12.5.4 Financial overview
12.5.5 SWOT Analysis
12.5.6 Key developments
12.6 Powertech Technology Inc.
12.6.1 Key facts
12.6.2 Company description
12.6.3 Products and services
12.6.4 Financial overview
12.6.5 SWOT Analysis
12.6.6 Key developments
12.7 Siliconware Precision Industries Co., Ltd.
12.7.1 Key facts
12.7.2 Company description
12.7.3 Products and services
12.7.4 Financial overview
12.7.5 SWOT Analysis
12.7.6 Key developments
12.8 Teledyne Technologies Incorporated
12.8.1 Key facts
12.8.2 Company description
12.8.3 Products and services
12.8.4 Financial overview
12.8.5 SWOT Analysis
12.8.6 Key developments
12.9 Unisem Group
12.9.1 Key facts
12.9.2 Company description
12.9.3 Products and services
12.9.4 Financial overview
12.9.5 SWOT Analysis
12.9.6 Key developments
12.10 JCET Group Co., Ltd.
12.10.1 Key facts
12.10.2 Company description
12.10.3 Products and services
12.10.4 Financial overview
12.10.5 SWOT Analysis
12.10.6 Key developments

13. Annex

For more information on this report, visit https://www.researchandmarkets.com/r/hjlt00

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