Latin America Outsourced Semiconductor Assembly And Test Services Market Size & Outlook
Latin America outsourced semiconductor assembly and test services market, 2017-2030 (US$M)
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Latin America outsourced semiconductor assembly and test services market highlights
- The Latin America outsourced semiconductor assembly and test services market generated a revenue of USD 1,352.0 million in 2023.
- The market is expected to grow at a CAGR of 4.9% 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,352.0 million |
| Market revenue in 2030 | USD 1,885.4 million |
| Growth rate | 4.9% (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, Latin America region accounted for 3.4% 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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Latin America 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 81.03% in 2023. Horizon Databook has segmented the Latin America outsourced semiconductor assembly and test services market based on assembly & packaging, testing covering the revenue growth of each sub-segment from 2017 to 2030.
In 2007, the Brazilian government established a tax incentive scheme for the semiconductor sector called Programa de Incentivo ao Setor d e Semicondutores (PADIS).
The program permits the reduction of certain federal taxes to promote the manufacturing of microelectronic items.
Additionally, in 2021, the Brazilian National Congress extended this program until 2026 to encourage the technological development of the semiconductor industry (PADIS).
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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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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America outsourced semiconductor assembly and test services market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America outsourced semiconductor assembly and test services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America outsourced semiconductor assembly and test services market size, by country, 2017-2030 (US$M)
Latin America Outsourced Semiconductor Assembly And Test Services Market Outlook Share, 2023 & 2030 (US$M)
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