Europe Outsourced Semiconductor Assembly And Test Services Market Size & Outlook

The outsourced semiconductor assembly and test services market in Europe is expected to reach a projected revenue of US$ 7,196.7 million by 2030. A compound annual growth rate of 7.2% is expected of Europe outsourced semiconductor assembly and test services market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,412.2
Forecast, 2030 (US$M)
$7,196.7
CAGR, 2024 - 2030
7.2%
Report Coverage
Europe

Europe outsourced semiconductor assembly and test services market, 2017-2030 (US$M)

Europe

Europe outsourced semiconductor assembly and test services market highlights

  • The Europe outsourced semiconductor assembly and test services market generated a revenue of USD 4,412.2 million in 2023.
  • The market is expected to grow at a CAGR of 7.2% 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, Germany is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 4,412.2 million
Market revenue in 2030USD 7,196.7 million
Growth rate7.2% (CAGR from 2023 to 2030)
Largest segmentAssembly & packaging
Fastest growing segmentTesting
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAssembly & Packaging, Testing
Key market players worldwidePowertech 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, Europe region accounted for 11.1% 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 Companies

Name Profile # Employees HQ Website

Europe 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 81.8% in 2023. Horizon Databook has segmented the Europe outsourced semiconductor assembly and test services market based on assembly & packaging, testing covering the revenue growth of each sub-segment from 2017 to 2030.


The growing use of connected technologies and the increasing demand for consumer electronics are driving the growth of the OSAT market in the region. 

For instance, as per gfu Consumer & Home Electronics GmbH, in Germany, the sales of consumer electronics and private telecommunication products.

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  • Our clientele includes a mix of outsourced semiconductor assembly and test services market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe outsourced semiconductor assembly and test services market , including forecasts for subscribers. This continent databook contains high-level insights into Europe outsourced semiconductor assembly and test services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Europe outsourced semiconductor assembly and test services market size, by country, 2017-2030 (US$M)

Europe Outsourced Semiconductor Assembly And Test Services Market Outlook Share, 2023 & 2030 (US$M)

Europe outsourced semiconductor assembly and test services market size, by country, 2017-2030 (US$M)

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