Lucintel's latest market report analyzed that outsourced semiconductor assembly and testing provides attractive opportunities in the automotive, telecommunication, computing & networking, consumer electronic, and industrial industries. The outsourced semiconductor assembly and testing market is expected to reach $36.8 billion by 2028 with a CAGR of 6.3%. In this market, assembly & packaging is the largest segment by service type, whereas consumer electronics is largest by application.
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Based on service type, the outsourced semiconductor assembly and testing market is segmented into assembly & packaging and testing. The assembly & packaging segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to growing demand for telecom infrastructure and electronic products across the globe.
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The Outsourced Semiconductor Assembly and TestingMarket is marked by the presence of several big and small players. Some of the prominent players offering outsourced semiconductor assembly and testing include Advanced Semiconductor, Amkor, Jiangsu Changjiang Electronics Technology, Siliconware Precision Industries, PTI (Powertech Technology Inc.), United test and assembly center Ltd, King Yuan Electronics co, Ltd., ChipMOS.
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