DUBLIN--(BUSINESS WIRE)--The "Semiconductor Assembly and Testing Services (SATS) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to this 8th edition of the report. The 206-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Semiconductor Assembly and Testing Services (SATS) Market to Reach $42 Billion by 2027
Amid the COVID-19 crisis, the global market for Semiconductor Assembly and Testing Services (SATS) estimated at US$31 Billion in the year 2020, is projected to reach a revised size of US$42 Billion by 2027, growing at a CAGR of 4.4% over the period 2020-2027.
Assembly & Packaging, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$34.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Testing segment is readjusted to a revised 5.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $9.1 Billion, While China is Forecast to Grow at 4.2% CAGR
The Semiconductor Assembly and Testing Services (SATS) market in the U.S. is estimated at US$9.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$7.5 Billion by the year 2027 trailing a CAGR of 4.2% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 3.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.
Competitors identified in this market include, among others:
- Amkor Technology, Inc.
- ASE Group
- Chipbond Technology Corporation
- ChipMOS Technologies, Inc.
- Global Foundries
- Integrated Micro-Electronics, Inc.
- Jiangsu Changjiang Electronics Technology Co. Ltd.
- King Yuan Electronics Corp. (KYEC)
- Powertech Technology, Inc.
- Siliconware Precision Industries Co. Ltd.
- Tianshui Huatian Technology Co. Ltd.
- TongFu Microelectronics Co. Ltd.
- UTAC Holdings Ltd.
Total Companies Profiled: 68
For more information about this report visit https://www.researchandmarkets.com/r/sr1v6j.
