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    Outsourced Semiconductor Assembly And Test (OSAT) Market Report

    Outsourced Semiconductor Assembly And Test (OSAT) Market Report
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    Global Outsourced Semiconductor Assembly and Test (OSAT) Market, Dynamics, Trends and Mark See more...

    Impact of COVID-19 on Outsourced Semiconductor Assembly And Test (OSAT) Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Outsourced Semiconductor Assembly And Test (OSAT) Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The Global Outsourced Semiconductor Assembly and Test (OSAT) Market is projected to grow from USD 32.5 billion in 2020 to USD 45.2 billion by 2026 at a CAGR of over 5.7% during the forecast period.

    Figure: Global Outsourced Semiconductor Assembly and Test (OSAT) Market Size, 2020-2026 (USD Billion)

    Outsourced-Semiconductor-Assembly-and-Test-(OSAT)-Market-Forecast

    Wish to learn more about the report? Click here.

    What is Outsourced Semiconductor Assembly?

    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).

    Key Players

    Key players operating in the global outsourced semiconductor assembly and test market are-

    • 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).

    Market Dynamics

    Rising demand for consumer electronics and rapid urbanization across the globe is the key drives for market growth.

    • Growing transformation in developed countries as well as the surge in the adoption of smartphones, further bolsters the usage of electronics, thus driving the OSAT demand.
    • Moreover, technological development coupled with increasing purchasing power in the developing region further boosts the OSAT growth.
    • Also, as the IC assembly and testing were majorly dominated by OSAT companies, it offers ample opportunities to the market players to improve the market strength.

    Segment Analysis

    End Use Trends

    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 2020 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.

    Regional Trends

    By region, Asia Pacific dominated the OSAT market in 2020 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.

    COVID-19 Impact on Global Outsourced Semiconductor Assembly and Test (OSAT) Market

    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.

    Critical Questions Answered in the Report

    • What are the key trends in the global Outsourced Semiconductor Assembly and Test (OSAT) Market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the global Outsourced Semiconductor Assembly and Test (OSAT) Market?
    • What are the key strategies adopted by the major vendors to lead in the global Outsourced Semiconductor Assembly and Test (OSAT) Market?
    • What is the market share of the top vendors?

    To know about the assumptions related for the study, Request for Sample Report here.

    Target Audience

    Here is the list of the group of customers that the Outsourced Semiconductor Assembly market hopes to have the greatest opportunity to convert-

    • Outsourced Semiconductor Assembly and Test companies
    • Outsourced Semiconductor Assembly and Test vendors
    • Consumer electronic companies
    • Semiconductor companies
    • Telecommunications companies
    • Computing & Networking companies

    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 [email protected].

    Frequently Asked Questions (FAQs)

    The outsource semiconductor assembly and test market is expected to witness an impressive growth of 5.7% 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 45.2 billion in the coming years.

    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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