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Outsourced Semiconductor Assembly and Test Market Expected to Rise at A High CAGR
According to a research report by Stratview Research, 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.
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.
Stratview Research has segmented the “Outsourced Semiconductor Assembly and Test (OSAT) Market” By Service (Assembly, Testing), By Packaging (Ball Grid Array, Chip Scale Package, Multi-Package, Stacked Die, Quad and Dual), By End-Use (Automotive, Telecommunications, Computing & Networking, Consumer Electronics, Others) and Region.
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.
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.
The following are the key players in the Outsourced Semiconductor Assembly and Test (OSAT) Market -
· 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).
To develop better customer understanding, the team at Stratview Research employ a range of quantitative and qualitative market research approaches. This report aims to help the users make use of the available data in a way, that profits the business and leads to growth.
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Stratview Research is a global market research firm that delivers precise data and ground-breaking business study, helping organizations of all sizes make suitable decisions. We gather information for our clients, assisting them to address various challenges, and trends related to their market.