Semiconductor Testing Services Market Segmented By Semiconductor Assembly And Testing Services, Nanomechanical Testing, Outsourced semiconductor assembly, Semiconductor Automated Test Equipment
Industry: Semiconductor Electronics
Published Date: January-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 259
Report ID: PMRREP31324
The market for semiconductor testing services is analyzed to have value of US$ 8,434.5 Mn in 2022, and by the end of 2033, it is expected to reach the size of US$ 23,081.4 Mn. The market for semiconductor testing services is projected to valuate to US$ 9,117.7 Mn in 2023 and is projected to grow at a CAGR of 9.7% during the period of 2023-2033.
Semiconductor testing services involve the testing and verification of the performance and functionality of semiconductor devices, such as integrated circuits (ICs) and microprocessors.
These services may include testing for electrical parameters, functional testing and reliability testing to ensure that the devices meet industry standards & specifications. Some common semiconductor testing services includes wafer testing, packaged device testing, burn-in testing and so on. The testing is done by specialized equipment & software and is provided by specialized companies or by the semiconductor manufacturers themselves.
The North American region in the semiconductor testing services market is analysed to own the significant market share of 27.1%, and is growing at the fastest rate in the European region. This growth can be attributed to the various factors like increasing demand for semiconductor devices in a wide range of industry verticals, such as consumer electronics, telecommunications, automotive and industrial automation.
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Semiconductor testing services Market Size (2023) |
US$ 9,117.7 Mn |
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Projected Market Value (2033) |
US$ 23,081.4 Mn |
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Global Market Growth Rate (2023-2033) |
9.7% |
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General Purpose Semiconductor testing services Market Share (2022) |
7.6% |
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India Market Growth Rate (2022) |
10.1% |
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Wafer Level Chip Scale Package Market Share (2022) |
28.6% |
“Introduction of new technologies such as 5G”
Semiconductor testing services play a crucial role in ensuring the proper functioning of semiconductors used in 5G technology. As 5G networks are designed to support a wide range of applications and used cases leading to their increased use in 5G devices to facilitate the handling of high-speed data transfer, low latency and high-frequency operation.
Overall, the adoption of 5G technology creates a huge opportunity for the semiconductor testing service providers as the demand for 5G semiconductors will increase thereby accelerating the demand for advanced & specialized testing.
“Emerging popularity of New Technology”
In the USA, semiconductor testing services have been in high demand in recent years due to the increasing popularity of electronic devices and rapid acceptance new technologies of the need for more sophisticated and reliable semiconductors.
The industry is the shifting towards more advanced and automated testing methods, such as using machine learning and artificial intelligence to improve the accuracy and efficiency of testing processes. The market in USA is expected to be valued around US$ 8,434 Mn by 2033.
“Government pushes the testing services market with new initiatives”
In India, the semiconductor testing services industry is growing with the CAGR of 10.1%, driven by the increasing demand for electronics and the growth of the domestic semiconductor market.
Additionally, there is an outsourcing semiconductor testing services to specialized companies in India, as this can save cost and resources for semiconductor manufacturers.
The government has also been promoting the growth of this industry through the National Policy on Electronics and the National Electronics Policy 2020, which aim to increase the share of domestic value addition in the electronics sector, including semiconductors.
“International players are prominently present in china”
In the upcoming years, China's market for semiconductor testing services is anticipated to expand significantly. There are numerous manufacturers of semiconductor testing services in China, including both domestic and international companies, they offers wide range of testing solutions for various types of semiconductors. Also the Chinese government's efforts to promote the development of the domestic semiconductor industry are some of the major factors for tremendous growth of testing services market in china with growth rate of 7.10%.
What are the Market Share of Wafer Level Chip Scale Package (WLCSP) in Semiconductor testing services?
“Various Use Cases Allow Wafer Level Chip Package Semiconductor testing services to dominate the Market”
Wafer Level Chip Scale Package (WLCSP) testing is a growing market, driven by the increasing demand for smaller and more compact electronic devices such as smartphones, tablets, and wearable devices. The WLCSP technology is ideal for these types of devices as it allows for a smaller form factor and increased functionality.
The global Wafer Level Chip Scale Package (WLCSP) testing market is expected to grow at a significant CAGR of 28.60% during the forecast period. The increasing demand for consumer electronics, rising adoption of IoT devices, and the growing need for high-performance and reliable electronic devices are the major factors driving the growth of the Wafer Level Chip Scale Package (WLCSP) testing market.
What factors Are Influencing the Demand of Semiconductor testing services for the Consumer Electronics Application?
“Growing Use of Chipsets in Consumer Electronics Application Allow Semiconductor testing services to dominate in the Consumer Electronics”
Consumer electronics refer to electronic devices and appliances that are intended for everyday use by individuals or households, include smartphones, laptops, televisions and home appliances.
The increasing popularity of smart home devices and the integration of artificial intelligence and voice assistants into various devices are the some market boosting factor for consumer electronics segment in semiconductor testing services.
Additionally, the trend towards portable and wireless devices continues to grow, as well as the incorporation of more advanced display technology such as OLED and QLED, so over all the consumer electronics grows with the CAGR of 29.1%.
Attributed to the increasing demands for advanced electronic equipment along with the rising advancements in the development of consumer devices, the market share of Semiconductor testing services is expected to expand.
Recent developments related to key players providing the Embedded Microprocessors Market have been tracked by the analysts at Persistence Market Research, which will be accessible in the full report.
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Attribute |
Details |
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Forecast Period |
2023-2033 |
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Historical Data Available for |
2018-2022 |
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Market Analysis |
US$ Mn for Value |
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Key Regions Covered |
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Key Countries Covered |
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Key Market Segments Covered |
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Key Companies Profiled |
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Pricing |
Available upon Request |
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In 2022, the market value of Semiconductor testing services was US$ 8,434.5 Mn.
The global Semiconductor testing services market is estimated to advance at a 9.70% CAGR through 2033.
The market for Semiconductor testing services is forecasted to climb to US$ 23,081.4 Mn by 2033 end.
Demand for Semiconductor testing services market in India is projected to rise at a CAGR of 10.1% over the forecast period.
In 2022, the North America Semiconductor testing services market held a dominant market share of 27.1%.
