Outsourced Semiconductor Assembly and Test - OSAT Market is estimated to reach USD 61.01 Billion by 2030 : Cognitive Market Research

Market Overview:
• What is Outsourced Semiconductor Assembly and Test - OSAT?
OSAT (Outsourced semiconductor assembly and test) firms provide third-party IC packing and testing services. These firms package silicon devices created by foundries and test them before they are shipped to the market. OSAT providers offer testing services such as wafers and final testing. Furthermore, assembly services like QFN, WLCSP, BGA, and others are also provided by them.

Summary:
- The Outsourced Semiconductor Assembly and Test - OSAT Market will grow from USD 36.86 Billion in 2022 to USD 61.01 Billion by 2030, at a CAGR of 6.5% during the forecast period of 2023-2030.

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Market Dynamics:
• Increasing importance of IC packaging drives the market growth
IC packaging is the final stage in the manufacturing of semiconductor devices. During this vital step, the semiconductor item is enclosed in a container that shields the IC from potentially harmful external variables such as corrosive substances. The packaging is also intended to protect the block while boosting the electrical connections that convey signals to the circuit board of an electronic device. Thus, the increasing importance of IC packaging drives the market growth
• Challenges of the Outsourced Semiconductor Assembly and Test - OSAT Market
The high cost associated with OSATs is hampering the growth of the market. The capital spending for the OSAT is high which costs around $2.4 billion. Similarly, in recent years, OSAT also faces a rise in the R & D cost particularly in the development of advanced packaging. However, fewer OSATs can afford these prices. Thus, the high cost associated with OSATs can hamper the market growth.
• Growing usage of consumer electronics will boost the market growth
Consumer electronics have become a fundamental part of human life. People across the globe directly or indirectly depend on these electronic devices as it saves time and energy of people. The increasing disposable income, the desire for an easy and smooth life, and modern technologies are a few of the prime factors driving the growth of consumer electronics. This led to a rise in the demand for OSAT in near the future.

Outsourced Semiconductor Assembly and Test - OSAT Market Segmentation:
Type
Based on type, the assembly segment dominates the outsourced semiconductor assembly and test-OSAT market owing to the rising telecom infrastructure and consumer electronics industry.
• Sawing
• Testing
• Sorting
• Assembly

Application
Based on application, the consumer electronics segment dominates the outsourced semiconductor assembly and test-OSAT market. This is due to the rise in the usage of smartphones, smart speakers, smartwatches, adaptors, portable and wireless smart devices, audio and image applications, and home appliances drives the demand for outsourced semiconductor assembly and tests.
• Automotive
• Telecommunication
• Consumer Electronics
• Aerospace & Defense
• Logistics & Transportation
• Medical & Healthcare
• Others

Packaging type
Based on application, the ball grid array segment dominates the outsourced semiconductor assembly and test-OSAT market. This is due to the numerous benefits provided such as high density, reliable construction, excellent performance at high speeds, less component damage, reduces overheating, etc.
• Ball grid array
• Multi-package
• Chip scale package
• Quad and dual
• Stacked die

The Major Players in Outsourced Semiconductor Assembly and Test OSAT Market are:
ASE Group, Amkor, JECT, SPIL, Powertech Technology Inc, TSHT, TFME, UTAC, Chipbond, ChipMOS, KYEC, Unisem, Walton Advanced Engineering, Signetics, Hana Micron, NEPES

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Regional Analysis:
• North America dominates the Outsourced Semiconductor Assembly and Test - OSAT Market
The Global Outsourced Semiconductor Assembly and Test - OSAT Market is geographically divided into regions like North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. North America dominates the market owing to the rising semiconductor industry in the U.S. and Canada. The United States is an essential marketplace in the semiconductor business due to the rise in R&D activities such as core intellectual property (IP), electronic design automation (EDA), chip design, and sophisticated production equipment. Semiconductors are a major sector of the US economy, with a market value of little about 74 billion US dollars in 2022. As a result, the strength of the US semiconductor sector is vital to the success of OSAT.

Outsourced Semiconductor Assembly and Test - OSAT Market Recent News
• Tata's Tejas Network to acquire a majority stake in Saankhya Labs
In March 2022, Tejas Networks, a Tata Group subsidiary, will buy a 64.40% share in wireless solutions startup Saankhya Labs. The purchase is done when the Tata Group plans to establish a $300 million semiconductor manufacturing plant and is in discussions with multiple state governments of India to find a suitable site. The facility will be used for outsourced semiconductor assembly and testing.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Outsourced Semiconductor Assembly and Test OSAT Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Outsourced Semiconductor Assembly and Test OSAT Market Segmentation
1.5.1 Outsourced Semiconductor Assembly and Test OSAT Market Regional Fragmentation
1.5.1 Outsourced Semiconductor Assembly and Test OSAT Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Outsourced Semiconductor Assembly and Test OSAT Market
Chapter 4 Global Outsourced Semiconductor Assembly and Test OSAT Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Outsourced Semiconductor Assembly and Test OSAT Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Outsourced Semiconductor Assembly and Test OSAT Industry Mergers and Acquisition Analysis
• 5.3 Global Outsourced Semiconductor Assembly and Test OSAT New Launches Analysis
• 5.4 Company Categorization
• 5.5 Global Outsourced Semiconductor Assembly and Test OSAT Top Winning Strategies, by Manufacturers (2018-2022)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Outsourced Semiconductor Assembly and Test OSAT Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Outsourced Semiconductor Assembly and Test OSAT Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Outsourced Semiconductor Assembly and Test OSAT Market by Packaging Type Segmentation Analysis (2018-2030)
Chapter 12 Global Outsourced Semiconductor Assembly and Test OSAT Market Regional Analysis
Chapter 13 North America Outsourced Semiconductor Assembly and Test OSAT Market Outlook (2018 - 2030)
Chapter 14 Europe Outsourced Semiconductor Assembly and Test OSAT Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Outsourced Semiconductor Assembly and Test OSAT Market Outlook (2018 - 2030)
Chapter 16 Latin America Outsourced Semiconductor Assembly and Test OSAT Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Outsourced Semiconductor Assembly and Test OSAT Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)

To know more about Outsourced Semiconductor Assembly and Test OSAT Market TOC click here: https://www.cognitivemarketresearch.com/outsourced-semiconductor-assembly-and-test-osat-market-report#table_of_contents

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