The North America Outsourced Semiconductor Assembly and Testing Market would witness market growth of 4.3% CAGR during the forecast period (2022-2028).
The urbanization boom and rising consumer electronics demand are what is driving the market's expansion. Additionally, a rise in global disposable income has significantly increased sales of consumer electronics products like TVs, mobile phones, and tablets, which in turn has increased demand for the industry of outsourced semiconductor assembly and testing.
Additionally, the growth of the market for outsourced semiconductor assembly and testing is significantly fueled by the rise in smartphone adoption. On the other hand, OSAT companies are expected to benefit greatly from growth in the chip market. Furthermore, the transition toward OSAT in developing nations like South Korea, China, and India is increasing. In order to capitalize on the lucrative automotive OSAT market opportunity, manufacturers are compelled to offer new products with a brief lifespan and a compact design.
The United States is home to one of biggest automotive industries in the world. The requirement for commercial vehicles is greatly affected by the growth of delivery & logistics services in addition to major e-commerce behemoths like Amazon, etc. The development of engine technology is accelerating as global emission standards are raised. These elements have a big impact on the expansion of the automotive industry in the region. The region is home to a number of sizable automotive OEMs, and its broad support system and pro-electric vehicle policies are advantageous.
The US market dominated the North America Outsourced Semiconductor Assembly and Testing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $10,686.6 million by 2028. The Canada market is poised to grow at a CAGR of 6.7% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.7% during (2022 - 2028).
Based on Application, the market is segmented into Consumer Electronics, Industrial, Telecommunications, Medical & Healthcare, Automotive, Aerospace & Defense, and Logistics & Transportation. Based on Packaging Type, the market is segmented into Ball Grid Array, Quad & Dual, Multi-package, Chip Scale Package, and Stacked Die. Based on Process, the market is segmented into Testing, Sorting, Sawing, Assembly. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Outsourced Semiconductor Assembly and Testing Market is Predict to reach $47.3 Billion by 2028, at a CAGR of 4.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amkor Technology, Inc., Advanced Silicon S.A, Alphacore, Inc., Device Engineering, Inc., HiDensity Group, Luminar Technologies, Inc., Presto Engineering, Sencio BV, Shortlink AB, and SiFive, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Consumer Electronics
- Industrial
- Telecommunications
- Medical & Healthcare
- Automotive
- Aerospace & Defense
- Logistics & Transportation
By Packaging Type
- Ball Grid Array
- Quad & Dual
- Multi-package
- Chip Scale Package
- Stacked Die
By Process
- Testing
- Sorting
- Sawing
- Assembly
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Amkor Technology, Inc.
- Advanced Silicon S.A
- Alphacore, Inc.
- Device Engineering, Inc.
- HiDensity Group
- Luminar Technologies, Inc.
- Presto Engineering
- Sencio BV
- Shortlink AB
- SiFive, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Outsourced Semiconductor Assembly and Testing Market, by Application
1.4.2 North America Outsourced Semiconductor Assembly and Testing Market, by Packaging Type
1.4.3 North America Outsourced Semiconductor Assembly and Testing Market, by Process
1.4.4 North America Outsourced Semiconductor Assembly and Testing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Outsourced Semiconductor Assembly and Testing Market by Application
3.1 North America Consumer Electronics Market by Country
3.2 North America Industrial Market by Country
3.3 North America Telecommunications Market by Country
3.4 North America Medical & Healthcare Market by Country
3.5 North America Automotive Market by Country
3.6 North America Aerospace & Defense Market by Country
3.7 North America Logistics & Transportation Market by Country
Chapter 4. North America Outsourced Semiconductor Assembly and Testing Market by Packaging Type
4.1 North America Ball Grid Array Market by Country
4.2 North America Quad & Dual Market by Country
4.3 North America Multi-package Market by Country
4.4 North America Chip Scale Package Market by Country
4.5 North America Stacked Die Market by Country
Chapter 5. North America Outsourced Semiconductor Assembly and Testing Market by Process
5.1 North America Testing Market by Country
5.2 North America Sorting Market by Country
5.3 North America Sawing Market by Country
5.4 North America Assembly Market by Country
Chapter 6. North America Outsourced Semiconductor Assembly and Testing Market by Country
6.1 US Outsourced Semiconductor Assembly and Testing Market
6.1.1 US Outsourced Semiconductor Assembly and Testing Market by Application
6.1.2 US Outsourced Semiconductor Assembly and Testing Market by Packaging Type
6.1.3 US Outsourced Semiconductor Assembly and Testing Market by Process
6.2 Canada Outsourced Semiconductor Assembly and Testing Market
6.2.1 Canada Outsourced Semiconductor Assembly and Testing Market by Application
6.2.2 Canada Outsourced Semiconductor Assembly and Testing Market by Packaging Type
6.2.3 Canada Outsourced Semiconductor Assembly and Testing Market by Process
6.3 Mexico Outsourced Semiconductor Assembly and Testing Market
6.3.1 Mexico Outsourced Semiconductor Assembly and Testing Market by Application
6.3.2 Mexico Outsourced Semiconductor Assembly and Testing Market by Packaging Type
6.3.3 Mexico Outsourced Semiconductor Assembly and Testing Market by Process
6.4 Rest of North America Outsourced Semiconductor Assembly and Testing Market
6.4.1 Rest of North America Outsourced Semiconductor Assembly and Testing Market by Application
6.4.2 Rest of North America Outsourced Semiconductor Assembly and Testing Market by Packaging Type
6.4.3 Rest of North America Outsourced Semiconductor Assembly and Testing Market by Process
Chapter 7. Company Profiles
7.1 Amkor Technology, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Geographical Expansions:
7.2 Advanced Silicon S.A
7.2.1 Company Overview
7.3 Alphacore, Inc.
7.3.1 Company Overview
7.4 Device Engineering, Inc.
7.4.1 Company Overview
7.5 Hidensity Group
7.5.1 Company Overview
7.6 Luminar Technologies, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 Presto Engineering
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.7.2.2 Acquisition and Mergers:
7.8 Sencio BV
7.8.1 Company Overview
7.9 Shortlink AB
7.9.1 Company Overview
7.10. SiFive, Inc.
7.10.1 Company Overview
TABLE 1 North America Outsourced Semiconductor Assembly and Testing Market, 2018 - 2021, USD Million
TABLE 2 North America Outsourced Semiconductor Assembly and Testing Market, 2022 - 2028, USD Million
TABLE 3 North America Outsourced Semiconductor Assembly and Testing Market by Application, 2018 - 2021, USD Million
TABLE 4 North America Outsourced Semiconductor Assembly and Testing Market by Application, 2022 - 2028, USD Million
TABLE 5 North America Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Industrial Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Industrial Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Telecommunications Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Telecommunications Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Medical & Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Medical & Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Automotive Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Automotive Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Logistics & Transportation Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Logistics & Transportation Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Outsourced Semiconductor Assembly and Testing Market by Packaging Type, 2018 - 2021, USD Million
TABLE 20 North America Outsourced Semiconductor Assembly and Testing Market by Packaging Type, 2022 - 2028, USD Million
TABLE 21 North America Ball Grid Array Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Ball Grid Array Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Quad & Dual Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Quad & Dual Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Multi-package Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Multi-package Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Chip Scale Package Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Chip Scale Package Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Stacked Die Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Stacked Die Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Outsourced Semiconductor Assembly and Testing Market by Process, 2018 - 2021, USD Million
TABLE 32 North America Outsourced Semiconductor Assembly and Testing Market by Process, 2022 - 2028, USD Million
TABLE 33 North America Testing Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Testing Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Sorting Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Sorting Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Sawing Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Sawing Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Assembly Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Assembly Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Outsourced Semiconductor Assembly and Testing Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Outsourced Semiconductor Assembly and Testing Market by Country, 2022 - 2028, USD Million
TABLE 43 US Outsourced Semiconductor Assembly and Testing Market, 2018 - 2021, USD Million
TABLE 44 US Outsourced Semiconductor Assembly and Testing Market, 2022 - 2028, USD Million
TABLE 45 US Outsourced Semiconductor Assembly and Testing Market by Application, 2018 - 2021, USD Million
TABLE 46 US Outsourced Semiconductor Assembly and Testing Market by Application, 2022 - 2028, USD Million
TABLE 47 US Outsourced Semiconductor Assembly and Testing Market by Packaging Type, 2018 - 2021, USD Million
TABLE 48 US Outsourced Semiconductor Assembly and Testing Market by Packaging Type, 2022 - 2028, USD Million
TABLE 49 US Outsourced Semiconductor Assembly and Testing Market by Process, 2018 - 2021, USD Million
TABLE 50 US Outsourced Semiconductor Assembly and Testing Market by Process, 2022 - 2028, USD Million
TABLE 51 Canada Outsourced Semiconductor Assembly and Testing Market, 2018 - 2021, USD Million
TABLE 52 Canada Outsourced Semiconductor Assembly and Testing Market, 2022 - 2028, USD Million
TABLE 53 Canada Outsourced Semiconductor Assembly and Testing Market by Application, 2018 - 2021, USD Million
TABLE 54 Canada Outsourced Semiconductor Assembly and Testing Market by Application, 2022 - 2028, USD Million
TABLE 55 Canada Outsourced Semiconductor Assembly and Testing Market by Packaging Type, 2018 - 2021, USD Million
TABLE 56 Canada Outsourced Semiconductor Assembly and Testing Market by Packaging Type, 2022 - 2028, USD Million
TABLE 57 Canada Outsourced Semiconductor Assembly and Testing Market by Process, 2018 - 2021, USD Million
TABLE 58 Canada Outsourced Semiconductor Assembly and Testing Market by Process, 2022 - 2028, USD Million
TABLE 59 Mexico Outsourced Semiconductor Assembly and Testing Market, 2018 - 2021, USD Million
TABLE 60 Mexico Outsourced Semiconductor Assembly and Testing Market, 2022 - 2028, USD Million
TABLE 61 Mexico Outsourced Semiconductor Assembly and Testing Market by Application, 2018 - 2021, USD Million
TABLE 62 Mexico Outsourced Semiconductor Assembly and Testing Market by Application, 2022 - 2028, USD Million
TABLE 63 Mexico Outsourced Semiconductor Assembly and Testing Market by Packaging Type, 2018 - 2021, USD Million
TABLE 64 Mexico Outsourced Semiconductor Assembly and Testing Market by Packaging Type, 2022 - 2028, USD Million
TABLE 65 Mexico Outsourced Semiconductor Assembly and Testing Market by Process, 2018 - 2021, USD Million
TABLE 66 Mexico Outsourced Semiconductor Assembly and Testing Market by Process, 2022 - 2028, USD Million
TABLE 67 Rest of North America Outsourced Semiconductor Assembly and Testing Market, 2018 - 2021, USD Million
TABLE 68 Rest of North America Outsourced Semiconductor Assembly and Testing Market, 2022 - 2028, USD Million
TABLE 69 Rest of North America Outsourced Semiconductor Assembly and Testing Market by Application, 2018 - 2021, USD Million
TABLE 70 Rest of North America Outsourced Semiconductor Assembly and Testing Market by Application, 2022 - 2028, USD Million
TABLE 71 Rest of North America Outsourced Semiconductor Assembly and Testing Market by Packaging Type, 2018 - 2021, USD Million
TABLE 72 Rest of North America Outsourced Semiconductor Assembly and Testing Market by Packaging Type, 2022 - 2028, USD Million
TABLE 73 Rest of North America Outsourced Semiconductor Assembly and Testing Market by Process, 2018 - 2021, USD Million
TABLE 74 Rest of North America Outsourced Semiconductor Assembly and Testing Market by Process, 2022 - 2028, USD Million
TABLE 75 Key Information – Amkor Technology, Inc.
TABLE 76 Key Information – Advanced Silicon S.A
TABLE 77 Key Information – Alphacore, Inc.
TABLE 78 Key Information – Device Engineering Inc.
TABLE 79 Key Information – Hidensity Group
TABLE 80 Key Information – Luminar Technologies, Inc.
TABLE 81 Key Information – Presto Engineering
TABLE 82 Key Information – Sencio BV
TABLE 83 Key Information – Shortlink AB
TABLE 84 Key Information – SiFive, Inc.
List of Figures
FIG 1 Methodology for the research