Global Semiconductor Assembly and Testing Services Market 2022-2026
Technavio has been monitoring the semiconductor assembly and testing services market and it is poised to grow by $ 21.21 bn during 2022-2026 progressing at a CAGR of 6.82% during the forecast period. Our report on the semiconductor assembly and testing services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising sales of IoT devices, increasing incorporation of electronic content in vehicles, and rising adoption of cloud computing data centers.
The semiconductor assembly and testing services market analysis includes the type segment and geographic landscape.
Technavio's semiconductor assembly and testing services market is segmented as below:
By Type
- Assembly services
- Testing services
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the advances in semiconductor assembly and testing services as one of the prime reasons driving the semiconductor assembly and testing services market growth during the next few years. Also, the increasing number of strategic partnerships and acquisitions and increasing use of internet-enabled mobile devices in healthcare IT will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on semiconductor assembly and testing services market covers the following areas:
- Semiconductor assembly and testing services market sizing
- Semiconductor assembly and testing services market forecast
- Semiconductor assembly and testing services market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading semiconductor assembly and testing services market vendors that include Amkor Technology Inc., ASE Technology Holding Co. Ltd., Chipbond Technology Corp., ChipMOS TECHNOLOGIES Inc., FormFactor Inc., Formosa Advanced Technologies Co. Ltd., HANA Micron Inc., Hero Electronix Pvt. Ltd., Integrated Micro Electronics Inc., JCET Group Co. Ltd., King Yuan Electronic Corp. Ltd., Koninklijke Philips NV, Powertech Technology Inc., Rochester Electronics LLC, Tianshui Huatian Technology Co. Ltd., Tongfu Microelectronics Co. Ltd., Unisem M Berhad, UTAC Holdings Ltd., and Walton Advanced Engineering Inc. Also, the semiconductor assembly and testing services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Companies MentionedAmkor Technology Inc., ASE Technology Holding Co. Ltd., Chipbond Technology Corp., ChipMOS TECHNOLOGIES Inc., FormFactor Inc., Formosa Advanced Technologies Co. Ltd. , HANA Micron Inc., Hero Electronix Pvt. Ltd., Integrated Micro Electronics Inc., JCET Group Co. Ltd., King Yuan Electronic Corp. Ltd., Koninklijke Philips NV, Powertech Technology Inc., Rochester Electronics LLC, Tianshui Huatian Technology Co. Ltd., Tongfu Microelectronics Co. Ltd., Unisem M Berhad, UTAC Holdings Ltd., Walton Advanced Engineering Inc.