Europe Semiconductor Assembly and Testing Services Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Services (Assembly & Packaging Services and Testing Services) and Application (Consumer Electronics, Automotive, Medical, Industrial, and Other Applications)

Publication Month: May 2021 | Report Code: TIPRE00022165 | No. of Pages: 118 | Category: Electronics and Semiconductor | Status: Published

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The Europe semiconductor assembly and testing services market is expected to grow from US$ 5,154.93 million in 2020 to US$ 6,843.35 million by 2028; it is estimated to grow at a CAGR of 3.8 % from 2021 to 2028.

The UK, Germany, France, Italy, and Russia are major economies in Europe. Escalating usage of semiconductor devices in industrial automation is expected to surge the Europe semiconductor assembly and testing services market. The industrial automation plays an essential role in every industry and manufacturing scenario. Industrial automation helps in saving time and money, as well as reduces human efforts. The use of control systems, including computers or robots, and information technologies for handling different processes and machinery help maximize the productivity rate of any company. The growing adoption of IoT across industrial, commercial, and residential sectors is accelerating the use of semiconductor equipment. For instance, General Electric offer Brilliant Factory, a suite of hardware assets, software, and consultation services for upgrading factories to industrial IoT. The company claimed that this can help manufacturers enhance the performance of their factories using predictive analytics. Moreover, industrial automation is being used in every sector including manufacturing, electronics, automobile, and aerospace & defense, which, in turn, is creating more demand for semiconductor devices. Thus, the high usage of semiconductor devices in industrial automation is propelling the growth of the Europe semiconductor assembly and testing services market.

 

In case of COVID-19, Germany, France, Italy, and UK are some of the hardest-hit countries by the coronavirus. These countries are expected to suffer an economic hit due to a lack of revenue from various industries. Additionally, with the outbreak of another variant of COVID-19 in key countries such as the UK and Germany, the semiconductor assembly and testing services market’s growth got hampered in a negative manner. The region is a significant manufacturing and industrial hub for sectors such as healthcare, aviation, manufacturing, automotive, and energy & power. Due to COVID-19, many businesses in Europe faced financial challenges as their activities were substantially reduced due to lack of workforce, government-imposed restrictions, and decreasing sales. However, post lockdown market has witnessed healthy growth rate owing to the increasing demand for advanced electronics devices to restart facilities, operations, commercial places, and transportation.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe semiconductor assembly and testing services market. The Europe semiconductor assembly and testing services market is expected to grow at a good CAGR during the forecast period.

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Europe Semiconductor Assembly and Testing Services Market Segmentation    

 

Europe Semiconductor Assembly and Testing Services Market –By Services

  • Assembly & Packaging Services
  • Testing Services

Europe Semiconductor Assembly and Testing Services Market –By Application 

  • Consumer Electronics
  • Automotive
  • Medical
  • Industrial
  • Other Applications

Europe Semiconductor Assembly and Testing Services Market, by Country

  • Germany
  • France
  • Italy
  • UK
  • Russia 
  • Rest of Europe    

Europe Semiconductor Assembly and Testing Services Market -Companies Mentioned

  • Amkor Technology
  • ASE Group
  • Integrated Micro-Electronics, Inc.
  • JCET Group Co., Ltd.  
  • Siliconware Precision Industries Co., Ltd.
  • Teledyne Technologies Incorporated
  • Unisem Group         

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1        Europe Semiconductor Assembly and Testing Services Market – By Services

1.3.2        Europe Semiconductor Assembly and Testing Services Market – By Application

1.3.3        Europe Semiconductor Assembly and Testing Services Market- By Country

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             Europe Semiconductor Assembly and Testing Services Market Landscape

4.1       Market Overview

4.2       Europe PEST Analysis

4.3       Ecosystem Analysis

4.4       Expert Opinions

5.             Europe Semiconductor Assembly and Testing Services Market – Key Market Dynamics

5.1       Key Market Drivers

5.1.1        Mounting Demand for Consumer Electronics

5.1.2        Escalating Usage of Semiconductor Devices in Industrial Automation

5.2       Key Market Restraints

5.2.1        Surging E-Waste Problem

5.3       Key Market Opportunities

5.3.1        Burgeoning Automotive Sector to Propel Semiconductor Assembly and Testing Services

5.4       Future Trends

5.4.1        Developments in Semiconductor Packaging Techniques

5.5       Impact Analysis of Drivers and Restraints

6.             Semiconductor Assembly and Testing Services Market – Europe Analysis

6.1       Europe Semiconductor Assembly and Testing Services Market Overview

6.2       Europe Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

7.             Europe Semiconductor Assembly and Testing Services Market Analysis – By Services

7.1       Overview

7.2       Europe Semiconductor Assembly and Testing Services Market, By Services (2020 and 2028)

7.3       Assembly and Packaging Services

7.3.1        Overview

7.3.2        Assembly and Packaging Services: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

7.4       Testing Services

7.4.1        Overview

7.4.2        Testing Services: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

8.             Europe Semiconductor Assembly and Testing Services Market – By Application

8.1       Overview

8.2       Europe Semiconductor Assembly and Testing Services Market, by Application (2020 and 2028)

8.3       Consumer Electronics

8.3.1        Overview

8.3.2        Consumer Electronics: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

8.4       Automotive

8.4.1        Overview

8.4.2        Automotive: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

8.5       Medical

8.5.1        Overview

8.5.2        Medical: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

8.6       Industrial

8.6.1        Overview

8.6.2        Industrial: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

8.7       Other Applications

8.7.1        Overview

8.7.2        Other Applications: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

9.             Europe Semiconductor Assembly and Testing Services Market – Country Analysis

9.1       Overview

9.1.1        Europe: Semiconductor Assembly and Testing Services Market- by Key Country

9.1.1.1      Germany: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1       Germany: Semiconductor Assembly and Testing Services Market- By Services

9.1.1.1.2       Germany: Semiconductor Assembly and Testing Services Market- By Application

9.1.1.2      France: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1       France: Semiconductor Assembly and Testing Services Market- By Services

9.1.1.2.2       France: Semiconductor Assembly and Testing Services Market- By Application

9.1.1.3      Italy: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1       Italy: Semiconductor Assembly and Testing Services Market- By Services

9.1.1.3.2       Italy: Semiconductor Assembly and Testing Services Market- By Application

9.1.1.4      UK: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1       UK: Semiconductor Assembly and Testing Services Market- By Services

9.1.1.4.2       UK: Semiconductor Assembly and Testing Services Market- By Application

9.1.1.5      Russia: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1       Russia: Semiconductor Assembly and Testing Services Market- By Services

9.1.1.5.2       Russia: Semiconductor Assembly and Testing Services Market- By Application

9.1.1.6      Rest of Europe: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1       Rest of Europe: Semiconductor Assembly and Testing Services Market- By Services

9.1.1.6.2       Rest of Europe: Semiconductor Assembly and Testing Services Market- By Application

10.          Europe Semiconductor Assembly and Testing Services Market- COVID-19 Impact Analysis

10.1    Europe

11.          Industry Landscape

11.1    Overview

11.2    Market Initiative

11.3    Merger and Acquisition

12.          Company Profiles

12.1    Amkor Technology

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2    ASE Group

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3    Integrated Micro-Electronics, Inc.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4    Siliconware Precision Industries Co., Ltd.

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5    Teledyne Technologies Incorporated

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6    Unisem Group

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7    JCET Group Co., Ltd.

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

13.          Appendix

13.1    About The Insight Partners

13.2    Word Index

LIST OF TABLES

Table 1.             Europe Semiconductor Assembly and Testing Services Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2.             Germany: Semiconductor Assembly and Testing Services Market- By Services –Revenue and Forecast to 2028 (US$ Million)

Table 3.             Germany: Semiconductor Assembly and Testing Services Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 4.             France: Semiconductor Assembly and Testing Services Market- By Services –Revenue and Forecast to 2028 (US$ Million)

Table 5.             France: Semiconductor Assembly and Testing Services Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 6.             Italy: Semiconductor Assembly and Testing Services Market- By Services –Revenue and Forecast to 2028 (US$ Million)

Table 7.             Italy: Semiconductor Assembly and Testing Services Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 8.             UK: Semiconductor Assembly and Testing Services Market- By Services –Revenue and Forecast to 2028 (US$ Million)

Table 9.             UK: Semiconductor Assembly and Testing Services Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 10.          Russia: Semiconductor Assembly and Testing Services Market- By Services –Revenue and Forecast to 2028 (US$ Million)

Table 11.          Russia: Semiconductor Assembly and Testing Services Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of Europe: Semiconductor Assembly and Testing Services Market- By Services –Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of Europe: Semiconductor Assembly and Testing Services Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 14.          List of Abbreviation

LIST OF FIGURES

Figure 1.           Europe Semiconductor Assembly and Testing Services Market Segmentation

Figure 2.           Europe Semiconductor Assembly and Testing Services Market Segmentation – By Country

Figure 3.           Europe Semiconductor Assembly and Testing Services Market Overview

Figure 4.           Assembly and Packaging Services Segment Held the Largest Market Share in 2020

Figure 5.           Consumer Electronics Application Held the Largest Market Share in 2020

Figure 6.           Germany was the Largest Revenue Contributor in 2020

Figure 7.           Europe – PEST Analysis

Figure 8.           Europe Semiconductor Assembly and Testing Services Market– Ecosystem Analysis

Figure 9.           Expert Opinions

Figure 10.        Europe Semiconductor Assembly and Testing Services Market: Impact Analysis of Drivers and Restraints

Figure 11.        Europe Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        Europe Semiconductor Assembly and Testing Services Market Revenue Share, by Services (2020 and 2028)

Figure 13.        Europe Assembly and Packaging Services: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Europe Testing Services: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Europe Semiconductor Assembly and Testing Services Market Revenue Share, by Application (2020 and 2028)

Figure 16.        Europe Consumer Electronics: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Europe Automotive: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Europe Medical: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Europe Industrial: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Europe Other Applications: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Europe: Semiconductor Assembly and Testing Services Market, by Key Country – Revenue (2020) (USD Million)

Figure 22.        Europe: Semiconductor Assembly and Testing Services Market Revenue Share, By Key Country (2020 and 2028)

Figure 23.        Germany: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        France: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Italy: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        UK: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Russia: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Rest of Europe: Semiconductor Assembly and Testing Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Impact of COVID-19 Pandemic in Europe Country Markets

 

  1. Amkor Technology
  2. ASE Group
  3. Integrated Micro-Electronics, Inc.
  4. JCET Group Co., Ltd.
  5. Siliconware Precision Industries Co., Ltd.
  6. Teledyne Technologies Incorporated
  7. Unisem Group
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe semiconductor assembly and testing services market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in Europe semiconductor assembly and testing services market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the semiconductor assembly and testing services market, as well as those hindering it 
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution  
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