Asia Pacific Outsourced Semiconductor Assembly And Test Services Market Size & Outlook
Asia Pacific outsourced semiconductor assembly and test services market, 2017-2030 (US$M)
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Asia Pacific outsourced semiconductor assembly and test services market highlights
- The Asia Pacific outsourced semiconductor assembly and test services market generated a revenue of USD 24,057.1 million in 2023.
- The market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, assembly & packaging was the largest revenue generating service type in 2023.
- Testing is the most lucrative service type segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 24,057.1 million |
| Market revenue in 2030 | USD 41,215.2 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Assembly & packaging |
| Fastest growing segment | Testing |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Assembly & Packaging, Testing |
| Key market players worldwide | Powertech Technology Inc, Amkor Technology Inc, ASE Technology Holding Co Ltd ADR, ChipMOS TECHNOLOGIES Inc ADR, Mitsubishi Electric Corp, Aehr Test Systems |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 60.3% of the global outsourced semiconductor assembly and test services market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 15,888.6 million by 2030.
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Outsourced Semiconductor Assembly And Test Services Market Scope
Outsourced Semiconductor Assembly And Test Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific outsourced semiconductor assembly and test services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to outsourced semiconductor assembly and test services market will help companies and investors design strategic landscapes.
Assembly & packaging was the largest segment with a revenue share of 81.72% in 2023. Horizon Databook has segmented the Asia Pacific outsourced semiconductor assembly and test services market based on assembly & packaging, testing covering the revenue growth of each sub-segment from 2017 to 2030.
Rapid implementation of robotic processes in Japan, South Korea, India, and China across all industries, mainly in automotive and consumer electronics, has helped the market grow in the region.
China, India, and Taiwan are some of the key regions in Asia Pacific that are witnessing rapid growth of the semiconductor industry.
These countries are expected to continue expanding their presence in the semiconductor industry and further strengthening their share in the global market over the coming years.
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Target buyers of Asia Pacific outsourced semiconductor assembly and test services market databook
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Our clientele includes a mix of outsourced semiconductor assembly and test services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific outsourced semiconductor assembly and test services market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific outsourced semiconductor assembly and test services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific outsourced semiconductor assembly and test services market size, by country, 2017-2030 (US$M)
Asia Pacific Outsourced Semiconductor Assembly And Test Services Market Outlook Share, 2023 & 2030 (US$M)
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