In a new Persistence Market Research report, the semiconductor assembly and testing services (SATS) market is projected to expand at a healthy CAGR of close to 6% during the forecast period of 2021 to 2031,with the market valued at approximately US$ 32.5 Bn at present.
Newly released data from the semiconductor assembly and testing services (SATS) market analysis shows that the market is currently valued at US$ 32.5 Bn, and is projected to expand steadily at a CAGR of close to 6% to reach US$ 58 Bn in the next 10 years. APAC is expected to account for more than 1/3 of the global market share.
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FACTS AT A GLANCE
Companies:ASE Technology Holding Co., Ltd., Amkor Technology, Inc., Siliconware Precision Industries Co., Ltd., Powertech Technology, Inc., Jiangsu Changjiang Electronics Tech Co, and ChipMOS Technologies Inc.
Coverage: All major geographies and key segments
Segments: Semiconductor Assembly and Testing Services Market Segmented By Assembly & Packaging Services, Testing Services in Communication, Computing & Networking, Consumer Electronics, Industrial, Automotive Electronics Application
Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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ABSTRACT-
Semiconductor Assembly and Testing Services (SATS) Market: Report Scope
Persistence Market Research recently published a report on the semiconductor assembly and testing services (SATS) market for the assessment period of 2021-2031. The report offers a close look at the evolving aspects of the semiconductor assembly and testing services market as well as the dynamics impacting market growth.
The report provides insights into key developments that have made their mark on the SATS market, and anticipated developments. The report includes various macroeconomic and microeconomic factors responsible for an impact on the growth of the market.
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A direct market overview provides growth scenarios and market potential with maximum precision, which are adjudged with suitable assumptions. The report features relevant factors that are likely to have a significant impact on the semiconductor assembly and testing services market during the forecast period. It includes a detailed and comprehensive information to help new manufacturers establish themselves in the SATS market.
Several stakeholders in the semiconductor assembly and testing services market can rely on the data offered in this report for effective decision-making. Moreover, the information offered in the semiconductor assembly and testing services market report will help new market entrants in expanding their bases in the semiconductor assembly and testing services market.
The report elaborates historical and current trends molding growth of the semiconductor assembly and testing services market. The performance journey of the semiconductor assembly and testing services market is drawn and analyzed in to make the lucrative side of the market evident to readers.
The competitive landscape presented in the SATS market report gives a detailed outlook of profiles of key companies operating in the market, along with their differential strategies and key focus areas.
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