Authored By: Sarah
11 Jul 2024

 Semiconductor Assembly And Testing Services (Sats) Market Size to grow by USD 19310.4 million between 2024-2028

According to a research report “ Semiconductor Assembly And Testing Services (Sats) Market” by Application (Communication, Computing and networking, Industrial, Consumer electronics, Automotive electronics) Service Type (Assembly services, Testing services) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 19310.4 million, at a CAGR of  6.59% during the forecast period. The Global Semiconductor Assembly and Testing Services (SATS) market is experiencing significant growth due to the increasing adoption of Internet of Things (IoT) devices. The IoT market, characterized by the interconnection of various electronic devices such as machines, sensors, actuators, appliances, and vehicles, is one of the fastest-growing sectors. With an estimated 75.44 billion devices connected in 2023, the demand for SATS is escalating. IoT devices collect and transmit data in real-time through sensors and actuators to a centralized location, necessitating advanced semiconductor assembly and testing services for their production.

Browse market data tables, figures, and in-depth TOC on “Semiconductor Assembly And Testing Services (Sats) Market” by Application (Communication, Computing and networking, Industrial, Consumer electronics, Automotive electronics) Service Type (Assembly services, Testing services) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Application, the Communication segment is projected to dominate the market size in 2024

In the Semiconductor Assembly and Testing Services (SATS) market, semiconductor assembly is referred to as IC packaging, encapsulation, or sealing. This industry is characterized by its dynamic nature, necessitating substantial R&D investments from vendors to remain competitive. The surge in smartphone sales and the demand for IoT devices have driven the need for increasingly small packages and packaging materials that offer high efficiency. Electronic products are progressively becoming smaller, lighter, and thinner, accommodating high operating speeds and a multitude of functions. However, providing access to these features necessitates a substantial number of interconnect points, posing an ongoing challenge for packaging design. To meet the demands of this evolving market, SATS vendors must continually innovate and invest in advanced technologies and materials.

By Service Type, Assembly services  segment is expected to hold the largest market size for the year 2024

Semiconductor Assembly and Testing Services (SATS) play a pivotal role in the communication industry by delivering top-tier semiconductor components and services for the manufacture of communication devices. In this sector, semiconductor components are indispensable for amplifying signals, filtering noise, and modulating data for efficient transmission via networks. SATS contribute significantly by providing ICs, power amplifiers, and filters, ensuring their quality and performance through rigorous testing processes. Communication devices such as smartphones, radios, modems, and routers rely on these components for optimal functionality. SATS' expertise and commitment to excellence make them a vital partner in the communication segment's value chain.

APAC is forecasted to hold the largest market size by region in 2024

The Semiconductor Assembly and Testing Services (SATS) market plays a pivotal role in the semiconductor industry's value chain. SATS providers offer integrated services, including semiconductor assembly, packaging, and testing, enabling OEMs to focus on their core competencies. These services ensure the highest quality and reliability of semiconductor devices, contributing significantly to the overall performance and efficiency of electronic systems. The market's growth is driven by the increasing demand for advanced semiconductor technologies and the miniaturization trend in the electronics industry.

The Semiconductor Assembly And Testing Services (Sats) Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Amkor Technology Inc.
  • Aptasic SA
  • ASE Technology Holding Co. Ltd.
  • ChipMOS TECHNOLOGIES INC.
  • DPA Components International
  • Flexitallic Group
  • Formosa Advanced Technologies Co. Ltd.
  • GlobalFoundaries Inc.
  • Jiangsu Changdian Technology Co. Ltd.
  • King Yuan Electronics Co. Ltd.
  • Koninklijke Philips N.V.
  • Micross Inc.
  • Ose Corp.
  • Powertech Technology Inc.
  • Rochester Electronics LLC
  • Teledyne Technologies Inc.
  • Tianshui Huatian Technology Co. Ltd.
  • Unisem M Berhad
  • UTAC Holdings Ltd.
  • Walton Advanced Engineering Inc.
.

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