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Global Outsourced Semiconductor Assembly and Test (OSAT) Market is Projected to Worth US$ 39.8 bn by 2025 End

Author: QYResearch  |   Published Date: 2019-05-29   |   Views: 105



A newly added report by QY Research in its repository with titled, “Global Outsourced Semiconductor Assembly and Test (OSAT) Market Report, History and Forecast 2014-2025,” highlights the key market dynamics, trends and opportunities that are likely to make a positive impact on the overall industry for the anticipated period of 2019-2025.  QY Research also provides an in-depth research report, which consists of various applications, advanced technologies and different regions in the globe. The global OSAT market is growing significantly due to the growing demand for electronics and semiconductor commodities. 


According to this report, the global outsourced semiconductor assembly and test (OSAT) market is expected to boost US$ 39.8 bn by the end of 2025 from US$ 29.3 bn in 2018. The market is registered with a moderate CAGR of 4.5% throughout the predicted period. 


Global Outsourced Semiconductor Assembly and Test (OSAT) Market: Drivers and Restraints

The increasing demand for consumer electronics products such as smart watches, tablets PCs, and smart glasses, and the growing penetration of smartphones users are expected to fuel the growth of the market in the coming years. Some of the factors such as increasing internet of things (IoT), the growing urban population, increasing automotive production, and growing technological advancements in automotive electronics are likely to propel the demand for outsourced semiconductor assembly and test (OSAT) during the projected period.


The demand for digital video content and mobile consumer electronics products such as Wi-Fi chipsets and other semiconductor chips are driving the growth of the global outsourced semiconductor assembly and test (OSAT) market during the predicted period.  Moreover, an overall increase in the semiconductor content with greater functionality and higher levels of performance turns to create a positive impact on the OSAT providers. 


However, the rising cost of raw materials and volatile demand from cryptocurrency are some factors that restraints the growth of the market over the forecasted period. 


Global Outsourced Semiconductor Assembly and Test (OSAT) Market: Forecast by Segmentation

Based on the applications, the global OSAT market is segmented into consumer electronics, communication, computing & networking, and others. On the basis of product type, the global market is further segmented into assembly service and test service. 


Global Outsourced Semiconductor Assembly and Test (OSAT) Market: Forecast by Geography

North America (U.S.) is likely to be the largest export market for OSAT across the regions during the assessment period. Asia Pacific is expected to be the second largest market in the coming years. In Asia Pacific, Taiwan is likely to be the second largest sales market for OSAT over the projected period. 


Global Outsourced Semiconductor Assembly and Test (OSAT) Market: Key Players

Some of the leading companies functioning in the global outsourced semiconductor assembly and test (OSAT) market are Hana Micron, ASE Group, KYEC, Amkor, ChipMOS, JECT, Chipbond, SPIL, UTAC, Powertech Technology Inc., TFME, and TSHT.


Full Report Overview@ https://www.qyresearch.com/index/detail/1076303/global-outsourced-semiconductor-assembly-and-test-osat-market

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