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Friday, June 30, 2023

Lucintel Forecasts Wafer Level Packaging in the Global OSAT Market to Reach $2.1 Billion by 2028

According to the recent study the wafer level packaging in the global OSAT market is projected to reach an estimated $2.1 billion by 2028 from $1.3 billion in 2023, at a CAGR of 9.4% from 2023 to 2028. Growth in this market is primarily driven by growing demand of wearable electronics and IoT products and escalating need for this packaging for gadgets including transistors, microphones, pressure sensors, accelerometers, gyroscopes, and capacitors.

A more than 150–page report is developed to understand trends, opportunities and forecast in wafer level packaging in the global OSAT market by service type (assembly & packaging and testing), application (automotive, telecommunications, computing & networking, consumer electronics, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/wafer-level-packaging-in-osat-market.aspx

“Assembly & packaging market is expected to remain the largest segment during the forecast period.”

Based on service type, the wafer level packaging in the global OSAT market is segmented into assembly & packaging and testing. Lucintel forecasts that the assembly & packaging market is expected to remain the largest segment due to the growing trend for electrical devices that are compact, high-performing and inexpensive.

“Within the wafer level packaging in the global OSAT market, the consumer electronics segment is expected to remain the largest application.”

Based on application the consumer electronics segment is expected to witness the highest growth over the forecast period due to the on-going technological advancement in electronic packaging process, which results in development of highly efficient electrical interconnection techniques for electronic products.

“Asia pacific will dominate the wafer level packaging in the global OSAT market in near future.”

APAC will remain the largest region due to increasing export opportunities for consumer electronics and presence of largest manufacturing units in Taiwan.

Download Brochure of this report by clicking on https://www.lucintel.com/wafer-level-packaging-in-osat-market.aspx.

Major players of wafer level packaging in the global OSAT market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. ASML Holding, Fujitsu, Toshiba, Qualcomm, and Amkor Technology are among the major wafer level packaging in the global OSAT providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/wafer-level-packaging-in-osat-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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