Authored By: Sarah
22 Jan 2025

Latest News- OSAT Market: Assembly and packaging is expected to lead the Service segment during 2025-2029

The OSAT Market is being driven by Advances in packaging of chips

The OSAT Market is expected to grow at a CAGR of 9.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 28466.3 million. In the OSAT market, vendors are actively pursuing strategic partnerships and acquisitions to expand their geographical reach, enhance product offerings, and gain access to innovative technologies and resources. For instance, on February 7, 2023, Aptos Technology, a prominent semiconductor design and testing services provider based in Taiwan, announced a strategic partnership with Kaynes Semicon Private Limited of India. This collaboration aims to establish a training and technology licensing program for semiconductor packaging and testing facilities. Additionally, market players are acquiring companies in related markets to access cutting-edge technologies and software for product development. These strategic moves underscore the dynamic nature of the OSAT market and the importance of continuous innovation and expansion. 

Get more information on OSAT Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on segments_for_ai.nslist

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

  • Advances in packaging of chips
  • Growing demand for miniaturization
  • Increasing number of fabless semiconductor companies

However, the market also witnesses some limitations, which are as follows:

  • Rising shortage of semiconductors
  • Shortage of skilled labors
  • Limited control over the manufacturing process

Benefits of Buying Global OSAT Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in OSAT Market Research Report

Market Scope

Report Coverage

Details

Page number

192

Base year

2024

Historic period

2019-2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 9.4%

Market growth 2025-2029

USD 28466.3 million

Market structure

Fragmented

YoY growth 2024-2025(%)

7.2

Key countries

China, US, Taiwan, South Korea, Germany, Japan, Brazil, UK, France, and Canada

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Request Free Sample

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The OSAT (Outsourced Semiconductor Assembly and Testing) market is experiencing significant changes due to various factors. Chip shortages are causing supply chain disruptions, leading to a renewed focus on semiconductor policy and sustainable manufacturing. Semiconductor design, silicon wafer manufacturing, and semiconductor equipment are at the forefront of innovation, with digital transformation driving demand for advanced packaging technologies like TSV packaging, heterogeneous integration, and 3D chip stacking. The future of semiconductors is bright, with careers in semiconductor regulation, cybersecurity, data analytics, and semiconductor investment on the rise. Edge computing, the Internet of Things, high-performance computing, and autonomous vehicles are key applications, requiring innovative materials and packaging solutions like silicon interposers, power electronics, and electronic design automation. Semiconductor materials, electronic components, wearable technology, and electronic engineering are also important areas of focus, with analog electronics and integrated circuit design playing crucial roles in the development of new technologies.

Market Research Overview

The OSAT (Outsourced Semiconductor Assembly and Testing) market falls under the broader semiconductor materials and equipment market. This market segment encompasses companies specializing in semiconductor manufacturing, specifically focusing on back-end processes such as testing, assembly, and packaging. According to Technavio, the global semiconductor materials and equipment market size is determined by the revenues generated from sales of wafer processing equipment, mask/reticle manufacturing, wafer manufacturing, fab facilities equipment, and test equipment. The market's expansion will be fueled by escalating investments in advanced fabrication facilities. The growing demand for ICs (Integrated Circuits) worldwide, including 3D ICs, AI (Artificial Intelligence), IDMS (Internet of Things), ML (Machine Learning), and BGA (Ball Grid Array) components, necessitates the establishment of new manufacturing plants. Additionally, the adoption of advanced process technologies, such as AI and ML in semiconductor manufacturing, further propels market growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less
Interested in this report?
Get your sample now!

Safe and Secure SSL Encrypted

Technavio

  • 2500 USD

[5 reports/month/user]

  • 5000 USD

close
  • Basic Plan [5000 USD/Year]:

    Single User
    Download 5 Reports/Month
    View 100 Reports/Month
    Add upto 3 Users at 625 USD/user

  • Teams Plan [7500 USD/Year]:

    5 User
    Download 5 Reports/Month/User
    View 100 Reports/Month/User
    Add upto 30 Users at 500 USD/user

*You can upgrade to Teams plan at Subscription page

close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization).
    Complimentary Customization Included

*For Enterprise license, go to checkout page

Technavio Get the report (PDF) sent to your email within minutes.