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Friday, June 30, 2023

Lucintel Forecasts Wire Bond Packaging in the Global OSAT Market to Reach $17.1 Billion by 2028

According to the recent study the wire bond packaging in the global OSAT market is projected to reach an estimated $17.1 billion by 2028 from $12.5 billion in 2023, at a CAGR of 6.5% from 2023 to 2028. Growth in this market is primarily driven by growing demand for semiconductors and microelectronics and increasing requirement for wire bonding as an affordable, flexible connection technology.

A more than 150–page report is developed to understand trends, opportunities and forecast in wire bond 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/wire-bond-packaging-in-the-global-osat-market.aspx

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

Based on service type, the wire bond 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 introduction latest chip packaging technologies such as TSV packaging and MEMs packaging.

“Within the wire bond packaging in the global OSAT market, the industrial segment is expected to remain the largest application.”

Based on application the industrial segment is expected to witness the highest growth over the forecast period due to the growing use of wire bond among micro-electronics industry.

“Asia pacific will dominate the wire bond packaging in the global OSAT market in near future.”

APAC is expected to witness the highest growth over the forecast period due to the presence of key manufacturers and availability of affordable packaging technology in the region.

Download Brochure of this report by clicking on https://www.lucintel.com/wire-bond-packaging-in-the-global-osat-market.aspx.

Major players of wire bond 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. Amkor, Jiangsu Changjiang Electronics Technology, Siliconware Precision Industries, PTI (Powertech Technology Inc.), and ChipMOS are among the major wire bond 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/wire-bond-packaging-in-the-global-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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