What is Semiconductor Testing Services Market Scope?
Semiconductors are special types of material with a value conductivity between a conductor and an insulator. In contrast to metals, the resistance of a semiconductor material decreases with increasing temperature. The semiconductor industry is inherently very volatile. It is important for large companies to develop and use their expertise to improve the performance of ICs or chipsets. Semiconductor test services offer various features such as flexibility for different performance requirements using multi-layer organic building substrates, well-established know-how in terms of process equipment, proven design, and reduced stress on the active areas. The semiconductor test services market in the Asia Pacific is expected to see rapid growth due to the increased adoption of tablets and handheld devices. Semiconductor test service providers are also striving to expand their operations in China, South Korea, and India in order to open up new growth paths that can be traced back to the growing demand for consumer electronics and the tremendous expansion of the electronics industry in these countries. In recent years, the advent of 3D semiconductor assemblies and the increased demand for outsourced semiconductor inspection services have also opened significant growth opportunities for players in the semiconductor inspection services market.
The Semiconductor Testing Services market study is being classified by Type (Packaging, Assembly and Testing), by Application (Communications, Computing & Networking, Consumer Electronics, Industrial and Automotive Electronics) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Players from United States will contribute to the maximum growth of Global Semiconductor Testing Services market throughout the predicted period.
Amkor Technology, Inc. (United States), Advanced Semiconductor Engineering, Inc. (United States), Siliconware Precision Industries Co., Ltd. (Taiwan), Powertech Technology Inc. (Taiwan), STATS ChipPAC Ltd (Singapore), CORWIL Technology (United States), Integrated Micro-Electronics, Inc. (United States), Chipbond Technology Corporation (United States) and Global Foundries (United States) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Semiconductor Testing Services market by Type, Application and Region.
On the basis of geography, the market of Semiconductor Testing Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On June 13, 2020, the four global leaders in assembly, testing, labeling, and packaging (ATMP), including Taiwanese majors ASE Technology Holding, announced that they were planning to set up their manufacturing units in India to develop export hubs outsourced semiconductor packaging and testing services.
Influencing Market Trend
- Increasing Use of Safety Systems in Automobile Industry
- The Increase in the Use of Automated Control System Technology
- Growing Demand for Semiconductors from the Consumer Electronics Industry
- Growing Penetration of Smartphones and Solid-State Drives (SSDs)
- Increasing Demand for Mobility and Connectivity in Consumer Electronic Products
- The Spurring Rise in Semiconductor Industries in Developing Regions
- The Ongoing Development in Consumer Electronics with the Advancement and Progression in Innovation
- High Costs Associated With Semiconductor Test Services
- Lack of Awareness in the Under Developed Regions
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Providers of Semiconductor Testing Services, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
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