Semiconductor Chip Handler Market -New Research Report Announced with business priorities in order to assist companies to realign their business strategies.

Los Angeles, CA -- (SBWire) -- 05/02/2019 --The global Semiconductor Chip Handler market was 510 million US$ in 2018 and is expected to 710 million US$ by the end of 2025, growing at a CAGR of 4.1% between 2019 and 2025.

Global semiconductor chip handler market will grow at a modest CAGR of just over 4% by the end of the forecast period. One of the primary drivers of this market is the increased demand for compact electronic devices. This trend is evident in sectors such as mobile phones, automotive, healthcare equipment, and even industrial manufacturing. This has led to semiconductor IC manufacturers investing in R&D to work towards reducing the size of ICs along with improved performance. Such R&D activities have resulted in the emergence of micro-electrical-mechanical systems (MEMs) and 3D stacked ICs. Consequently, growth in the MEMs market will propel demand for testing equipment for the complex ICs until the end of the forecast period.

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An important trend which is spurring market growth is the emergence of strip testing. Integrated device manufacturers and subcontractors use test-in-strip technology to cut down on costs. This technology helps testers to handle multiple small ICs at the same time, test over 100 in parallel while reducing bottlenecks. Unlike gravity, pick-and-place, and turret type handlers, strip test handlers can handle IC chips with 0.3mm x 0.6mm dimensions and can test more than 100 devices in parallel without jams.

The OSAT segment is the largest of the chip handler market and is expected to garner close to 63% of market share by the end of the forecast period. The growth of the semiconductor industry and rising costs of packaging and testing equipment will create a high demand for automated test equipment along with chip handlers from these OSATs. They are also investing in precision and high-speed IC test handlers so that they can speed up production and deliver high-performance products to market faster.

In terms of consumption side, this report focuses on the consumption of Semiconductor Chip Handler by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Advantest

Cohu

Multitest

Boston Semi Equipment

Seiko Epson Corporation

ASM Pacific Technology

Hon Technologies

Chroma

SRM Integration

MCT

CST

TESEC Corporation

SYNAX

ChangChuan Technology

By the product type, the market is primarily split into

Logic

Memory

By the end users/application, this report covers the following segments

Outsourced Semiconductor Assembly and Test Providers (OSATs)

Integrated Device Manufacturers (IDMs)

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