Global Wafer Testing Services Market – Industry Trends and Forecast to 2028

Market Analysis and Insights : Global Wafer Testing Services Market

Wafer testing services market is expected to reach USD 16,528.26 million by 2028 witnessing market growth at a rate of 6.10% in the forecast period of 2021 to 2028. Data Bridge Market Research report on wafer testing services market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

A wafer is a thin slice (substrate) of a semiconductor used to create integrated circuits, such as crystalline silicon. Basically, these wafers are used in photovoltaics and solar cell manufacturing. Wafer testing is a procedure conducted during the manufacturing of semiconductor products. The testing is performed with the help of test equipment called as wafer prober. A wafer prober is an automatic test equipment used for electrical testing of wafers in the semiconductor development and manufacturing process.

Increasing demand of silicon on insulator (SOI) and glass wafers in consumer electronics, growing usages of silicon wafers in internet of things related devices, rising usages of multifunctional integrated circuits (IC), increasing growth of the semiconductor industry across the globe, increasing demand of light-emitting diode, CMOS image sensors, and microelectromechanical systems, among chipmaker, growing demand for semiconductors by the automotive industry are some of the major as well as vital factors which will likely to augment the growth of the wafer testing services market in the projected timeframe of 2021-2028. On the other hand, wafers are used for various applications within an autonomous cars including navigation control, infotainment systems, and collision detections, along with rising demand of MOSFETs, thyristors, varistors and diodes chips from the automotive industries which will further contribute by generating massive opportunities that will lead to the growth of the wafer testing services market in the above mentioned projected timeframe.

This wafer testing services market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on wafer testing services market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Wafer Testing Services Market Scope and Market Size

Wafer testing services market is segmented on the basis of component, type and vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• Wafer testing services market on the basis of component has been segmented as wafer testing prober, services, integration and deployment, consulting, and support and maintenance.
• Based on type, the wafer testing services market has been segmented into parametric test, and product sort test.
• Wafer testing services has also been segmented on the basis of vertical into military and defence, consumer electronics, automotive, manufacturing, and others.  

Wafer Testing Services Market Country Level Analysis

Wafer testing services market is analysed and market size, volume information is provided by country, component, type and vertical as referenced above.

The countries covered in the wafer testing services market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

China will dominate the Asia-Pacific wafer testing services market due to the growing demand of the testing services along with the prevalence of various market vendors in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Wafer Testing Services Market Share Analysis

Wafer testing services market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to wafer testing services market.  

The major players covered in the wafer testing services market report are Eg Systems Inc.; MICRONICS JAPAN CO.,LTD.; Synergie Cad; CriteriaLabs; Integra Technologies; Amkor Technology; Bluetest Testservice GmbH; JCET  Group  Co., Ltd.; Taiwan Semiconductor Manufacturing Company Limited; Unisem (M) Berhad; ASE Group.; Siliconware Precision Industries Co., Ltd.; Powertech Technology Inc.; Chipbond Technology Corporation.; Integrated Micro-Electronics, Inc.; King Yuan ELECTRONICS CO., LTD.; UTAC.; Tongfu Microelectronics Co., Ltd.; Tianshui Huatian Electronic Group CO., LTD(HTME); among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

The COVID-19 virus outbreak in December 2019 has spread to nearly 200+ nations worldwide. The effect of COVID-19 has already begun to adversely affect the demand for semiconductors. Coronavirus replication has had a significant effect on the development and demand of semiconductor electronics. The shipment of silicon wafer has levelled off from the start of year 2020. Global silicon wafer shipments have fallen by almost 6 percent-8 percent in the first two quarters of 2020. The supply chain of silicon wafer got drastically affected as the domestic spread of the coronavirus hits the China’s silicon wafer manufacturing companies, who are among world leaders in this industry.

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