Lucintel Forecasts the Global Test Handler Market to Reach $3.3 billion by 2030
Lucintel Forecasts the Global Test Handler Market to Reach $3.3 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global test handler market looks promising with opportunities in the integrated device manufacturer and outsourced semiconductor assembly & test markets. The global test handler market is expected to reach an estimated $3.3 billion by 2030 from $1.8 billion in 2024, at a CAGR of 10.8% from 2024 to 2030. The major drivers for this market are increasing demand for semiconductors, rising complexity of semiconductors, and growing deployment of 5G technology.
A more than 150-page report to understand trends, opportunity and forecast in test handler market to 2030 by type (gravity handlers, turret handlers, and pick-and-place handlers), application (integrated device manufacturers, outsourced semiconductor assembly & tests, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that turret handler is expected to witness the highest growth over the forecast period due to the increasing complexity of semiconductor devices and rising need for higher test throughput.
Within this market, outsourced semiconductor assembly & test is expected to witness the highest growth due to growing adoption of advanced packaging technologies like system-in-package (SiP) and fan-out water-level packaging (FOWLP).
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APAC is expected to witness highest growth over the forecast period due to growing adoption of automatic test equipment in the automotive and semiconductor industries.
Cohu, Changchuan Technology, Advantest, Hon Precision, Techwing, Tianjin JHT Design, ASM Pacific Technology are the major suppliers in the test handler market.
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 write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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