Semiconductor industry is highly volatile in nature. Major value market participants in this industry are fabless companies that focus on leveraging their resources in designing and utilizing their expertise in enhancing performance of the chipsets or ICs. Therefore, most of the semiconductor assembly, testing, and packaging related services are outsourced by fabless companies to third party providers known as ‘Outsourced Semiconductor Assembly and Test Service Providers’.
Growing demand of consumer electronics, increasing integration of electronics and connectivity in automotive are major factors driving growth of the global Semiconductor Assembly and Testing Services (SATS) Market. However, high capital requirement and volatility in semiconductor industry is restraining the market growth of Semiconductor Assembly and Testing Services (SATS) Market.
Increasing demand for mobile and connected devices such as smartphones and tablets has fostered the demand for higher packaging technologies. Also, demand for digital video content has driven growth of a range of higher performance home automotive electronics products and mobile Consumer Electronics products, including Wi-Fi chipsets and other semiconductor chips. In 2014, STATS chipPAC (JCET) developed encapsulated Wafer Level Chip Scale Package (eWLCSP) that delivers enhanced quality and a lower cost fan-in wafer level package for space constrained mobile devices.
SATS providers have wider capability of offering additional features such as miniaturization, additional functionality, low power consumption, and improved thermal and electrical performance. This helps OSATS providers to obtain competitive edge over Integrated Design Manufacturers (IDM) having in-house testing capabilities. An overall increase in the semiconductor content within electronic products is expected to result in the provision of greater functionality and higher levels of performance. An overall increase in the semiconductor content within electronic products mandates greater functionality and higher levels of performance, which in turn is driving the revenue growth for OSATS providers.
Semiconductor Assembly and Testing Services (SATS) Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)Buy Now
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