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Outsourced Semiconductor Assembly And Test (OSAT) Market Report
Outsourced Semiconductor Assembly and Test (OSAT) Market Size, Share, Trend, Forecast, & Industry Analysis: 2022-2028
The Global Outsourced Semiconductor Assembly and Test (OSAT) Market is projected to grow from USD 34.45 billion in 2021 to USD 50.2 billion by 2028 at a CAGR of over 5.46% during the forecast period of 2022-2028.
Outsourced Semiconductor Assembly and Test (OSAT) are companies that offer third-party IC-packaging and test services. OSAT service companies provide packaging to silicon devices that are manufactured by foundries and provide testing devices before shipping to the market.
It generally focuses on providing innovative packaging and test solutions for semiconductor players in well-established sectors such as consumer & computing and communications along with automotive, wearables, and Internet of Things (IoT).
Rising demand for consumer electronics and rapid urbanization across the globe is the key drives for market growth.
The outbreak of the COVID-19 pandemic has substantially affected the outsourced semiconductor assembly and test industry. Disrupted supply chain, limited workforce, limited raw material availability, a shift in consumer buying patterns is some of the factors negatively affecting the market growth during the COVID-19 period. Key semiconductor manufacturing companies have been considerably affected as a result of Asia-Pacific being a world production hub for the past two to three decades, thus affecting the global market growth.
Key players operating in the global outsourced semiconductor assembly and test market are-
Here is the list of the group of customers that the Outsourced Semiconductor Assembly market hopes to have the greatest opportunity to convert-
Based on end-use, the global outsourced semiconductor assembly and test market have been classified into automotive, telecommunications, computing & networking, consumer electronics, and others. Under these segments, the computing & networking segment held a substantial market share in 2021 and is likely to grow at a consider CAGR during the forecast period. This is mainly ascribed due to emerging “lifestyle connectivity” such as digital home networking, which promulgates the segment growth. Also, 50% of the revenue from the computing sector comes from data storage and processing.
By region, Asia Pacific dominated the OSAT market in 2021 and is estimated to grow at a robust CAGR in the coming years. This is mainly attributed to the increasing purchasing power, strong economic growth, presence of major electronic manufacturing companies, as well as rising penetration of smartphones. China, Taiwan, South Korea, and Japan are some of the key contributors to the OSAT market in the region which possesses a strong consumer electronic customer base, thus proliferating the regional growth.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Report – Features |
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Market Segmentation |
4 |
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Regions Covered |
5 |
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Countries/Sub-Regions Covered |
16 |
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No. of Figures & Tables |
>90 |
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Company Profiles |
10 |
The market is segmented into the following categories.
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
The outsource semiconductor assembly and test market is expected to witness an impressive growth of 5.46% CAGR in the foreseeable future.
ASE Group (Taiwan), Amkor (The U.S), JCET (China), Siliconware Precision Industries Co., Ltd. (Taiwan), KYEC (Taiwan), Hana Micron (South Korea), Signetics (South Korea), Unisem Group (Malaysia), Walton Advanced Engineering (Taiwan) and Powertech Technology Inc. (Taiwan) are the key players in the outsourced semiconductor assembly and test market.
The outsourced semiconductor assembly and test market size is expected to reach USD 50.2 billion in 2028.
Asia-pacific dominated the outsourced semiconductor assembly and test market in 2020.
Rising demand for consumer electronics and rapid urbanization, growing transformation in developed countries as well as the surge in the adoption of smartphones, technological development coupled with increasing purchasing power in the developing region are the factors driving the growth of outsourced semiconductor assembly and test market.
Outsourced Semiconductor Assembly and Test companies, Outsourced Semiconductor Assembly and Test vendors, Consumer electronic companies, Semiconductor companies, Telecommunications companies, Computing & Networking companies are the target audience in the outsourced semiconductor assembly and test market.
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