In 2022, the market for semiconductor assembly and testing services market was worth $34.5 billion. The market for semiconductor assembly and testing services is expected to reach $52.1 billion by 2029, growing at a 6.1% CAGR from 2022 to 2029.
Semiconductor assembly and testing services (SATS) refer to the process of manufacturing integrated circuits (ICs) by mounting and connecting various semiconductor components (transistors, diodes, etc.) onto a substrate and testing the finished IC to ensure compliance with standards. It usually consists of several stages, including wafer fabrication, die preparation, assembling, packaging, testing, and final inspection.
The market for semiconductor assembly and testing services will keep growing quickly due to the rising demand for memory chips and semiconductor wafers across numerous industries. The rapid development of 3D semiconductor assembly, the rise of sophisticated RF modules using system-in-package technology, and the surge in demand for semiconductor devices like microcontrollers and sensors. Nearly 10% of the worldwide semiconductor market is devoted to semiconductor assembly and testing services.
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Competitive Landscape
Many key solution providers are inclined at investing heavily in innovation, research, and development practices to uncover increased applications of semiconductor assembly and testing services. With the use of technology, players are also focusing on lowering the cost of semiconductor assembly and testing services for captivating an increased customer base.
- For instance, in May 2020, UTAC Holdings Ltd and AEM Holdings Ltd entered into a partnership to develop CMOS image sensor test systems and solutions. Under this pairing, both companies will focus on providing cost-effective test system solutions for CMOS image sensor products.
Key Companies Profiled
- ASE Group, Inc.
- Amkor Technology, Inc.
- Siliconware Precision Industries Co., Ltd.
- Powertech Technology, Inc.
- United Test and Assembly Center Ltd.
- JCET Group Co Ltd
- ChipMOS Technologies
- Jiangsu Changjiang Electronics Technology Co., Ltd.
- Chipbond Technology Corporation
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Semiconductor Assembly and Testing Services Market Outlook by Category
By Services, Semiconductor Assembly and Testing Services Market Demand is segmented as:
- Assembly & Packaging Services
- Copper Wire and Gold Wire Bonding
- Flip Chip
- Wafer Level Packaging
- TSV
- Others
- Testing Services
By Application, Semiconductor Assembly and Testing Services Market Outlook is segmented as:
- Communications
- Computing & Networking
- Consumer Electronics
- Industrial
- Automotive Electronics
By Region, Semiconductor Assembly and Testing Services Market is segmented as:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Japan
- Middle East and Africa (MEA)
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