Middle East & Africa Outsourced Semiconductor Assembly And Test Services Market Size & Outlook
Middle East & Africa outsourced semiconductor assembly and test services market, 2017-2030 (US$M)
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MEA outsourced semiconductor assembly and test services market highlights
- The MEA outsourced semiconductor assembly and test services market generated a revenue of USD 1,148.1 million in 2023.
- The market is expected to grow at a CAGR of 6.1% 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.
MEA data book summary
| Market revenue in 2023 | USD 1,148.1 million |
| Market revenue in 2030 | USD 1,738.7 million |
| Growth rate | 6.1% (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, MEA region accounted for 2.9% 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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Middle East & Africa 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 81.78% in 2023. Horizon Databook has segmented the Middle East & Africa outsourced semiconductor assembly and test services market based on assembly & packaging, testing covering the revenue growth of each sub-segment from 2017 to 2030.
Middle Eastern countries such a s the UAE, Saudi Arabia, Iraq, Iran, and Kuwait are the major oil & gas producing countries that contribute almost 27% of the total oil production globally.
The growing digitalization across machinery i s contributing to the market growth. In December 2021, Saudi Aramco, the world’s largest oil producer, and Advanced Electronics Company.
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Target buyers of Middle East & Africa 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 Middle East & Africa outsourced semiconductor assembly and test services market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa outsourced semiconductor assembly and test services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa outsourced semiconductor assembly and test services market
Middle East & Africa Outsourced Semiconductor Assembly And Test Services Market Outlook Share, 2023 & 2030 (US$M)
Middle East & Africa outsourced semiconductor assembly and test services market
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