PUBLISHER: Lucintel | PRODUCT CODE: 1418219
PUBLISHER: Lucintel | PRODUCT CODE: 1418219
Test Handler Trends and Forecast
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 $3.3 billion by 2030 with a CAGR of 10.8% from 2024 to 2030. The major drivers for this market are increasing demand for semiconductors, rising complexity of semiconductors, and growing deployment of 5G technology.
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Test Handler by Segment
The study includes a forecast for the global test handler by type, applicaton, and region.
List of Test Handler Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies test handler companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the test handler companies profiled in this report include-
Test Handler Market Insights
Lucintel forecasts that turret handler is expected to witness the highest growth over the forecast period due to the increasing complexity of semiconductor devices and rising need for higher test throughput.
Within this market, outsourced semiconductor assembly & test is expected to witness the highest growth due to growing adoption of advanced packaging technologies like system-in-package (SiP) and fan-out water-level packaging (FOWLP).
APAC is expected to witness highest growth over the forecast period due to growing adoption of automatic test equipment in the automotive and semiconductor industries.
Features of the Global Test Handler Market
Market Size Estimates: Test handler market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Test handler market size by type, applicaton, and region in terms of value ($B).
Regional Analysis: Test handler market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applicatons, and regions for the test handler market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the test handler market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the test handler market size?
Answer: The global test handler market is expected to reach an estimated $3.3 billion by 2030.
Q2. What is the growth forecast for test handler market?
Answer: The global test handler market is expected to grow with a CAGR of 10.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the test handler market?
Answer: The major drivers for this market are increasing demand for semiconductors, rising complexity of semiconductors, and growing deployment of 5G technology.
Q4. What are the major segments for test handler market?
Answer: The future of the test handler market looks promising with opportunities in the integrated device manufacturer and outsourced semiconductor assembly & test markets.
Q5. Who are the key test handler market companies?
Answer: Some of the key test handler companies are as follows.
Q6. Which test handler market segment will be the largest in future?
Answer: 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.
Q7. In test handler market, which region is expected to be the largest in next 5 years?
Answer: 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.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.