The global semiconductor chip handlers market was valued at around 880 million US dollars in 2022. This figure is projected to increase to approximately 1,248 million US dollars by 2030, representing a compound annual growth rate (CAGR) of approximately 4.46% between the years 2023 and 2030.
Semiconductor Chip Handler Market: Overview
In semiconductor production facilities, the chip handlers used for sorting, testing, and other purposes are known as semiconductor chip handlers. Testing of semiconductors is absolutely necessary in order to guarantee conformity with the quality requirements and specifications of the industry. Wafer fabrication and assembly are the two stages that make up the manufacturing phase of a semiconductor. This phase can be broken down into two sections. Following assembly, we conduct any necessary final testing. Because the procedures used to manufacture semiconductors cannot generate products with a yield of one hundred percent, testing the chips is necessary and directly influences the price of the finished chip. This is due to the fact that even the tiniest of flaws can cause a product to fail.
The testing of semiconductor chips is carried out by making use of automated test equipment (ATE), a test system, and a test handler. In this way, the testing of the chips is completed. After each chip has been individually packaged and sealed, a test called the package test is carried out. This test is also frequently referred to as the final test. Each chip is transferred mechanically to the automated test equipment (ATE) terminal by the test handler in order to determine whether or not any product was harmed while it was being packaged.
Semiconductor Chip Handler Market: Growth Drivers
Growing output and investments in the semiconductor industry are expected to be the primary growth drivers for the market over the next several years.
As a result of increased production and investments in the semiconductor industry all over the world, it is anticipated that the global market for semiconductor chip handlers would expand in the next years. As the importance of semiconductors to the whole economy continues to grow, the semiconductor sector has reportedly been working nonstop to increase the rate of innovation and ramp up production in 2022, as reported by the Semiconductor Sector Association. The global market for semiconductors reached USD 574,084 million in 2022, as reported by the World Semiconductor Trade Statistics (WSTS), exhibiting a growth rate of approximately 3.3% in comparison to the previous year's numbers. Additionally, it is anticipated that the revenue of the global semiconductor industry will reach 575,997 million US dollars by the year 2024, representing an increase of 11.8% year-on-year (Y-o-Y).
Semiconductor Chip Handler Market: Segmentation
The market for semiconductor chip handlers throughout the world may be broken down into distinct submarkets according to factors such as type, function, application, end-user industry, and region.
The pick-and-place, MEMS handler, thermal, gravity handler, turret-based test handler, and other types of handlers make up some of the segments of the global market depending on the type. In light of the fact that pick-and-place can be utilized in virtually all semiconductor production facilities, it now has the majority share of the global market. Using the pick-and-place integrated circuit (IC) handler, any and all sorts of integrated circuits (ICs) can be tested both at the system level and in the final test.
Semiconductor Chip Handler Market: Regional Analysis
Asia Pacific to lead the market during the forecast period
The global semiconductor chip handler market growth is expected to be driven by Asia Pacific, during the forecast period. According to the World Semiconductor Trade Statistics (WSTS), the semiconductor market in Asia Pacific reached USD 330,937 million in 2022, registering a decline rate of around 3.5% compared to the previous year. Further, the semiconductor market revenue in Asia Pacific is likely to reach USD 280,881 million by 2023, down by 15.1% year-on-year (Y-o-Y). Further, In July 2023, India and Japan announced a collaboration in the semiconductor sector to develop a semiconductor manufacturing supply chain, with an aim of USD 35.9 billion Japanese investment in India by 2027. Such investment is expected to enhance the demand for semiconductor chip handlers and other equipment for setting up manufacturing plants in the country.
Semiconductor Chip Handler Market: Competitive Analysis
The global semiconductor chip handler market is dominated by players like:
ADVANTEST CORPORATION
ASMPT
Boston Semi Equipment
Chroma ATE Inc.
Cohu, Inc
Exatron
KES Systems, Inc.
PowerTECH
Seiko Epson Corp.
SemiTek International
Shibasoku Co., Ltd.
SPEA S.p.A.
TESEC, Inc.
X. J. S. Electronic Private Limited
Xeltek Inc.
The global semiconductor chip handler market is segmented as follows:
By Type
Pick-&-Place
MEMS Handler
Thermal
Gravity Handler
Turret-Based Test Handler
Other Types
By Function
Fully Automatic
Semi-Automatic
By Application
IC & Discrete
Advanced Packaging
CMOS Image Sensor
LED/Photonics
Other Applications
By End-user Industry
Transportation
Computing & Network
Consumer
Industrial & Medical
IoT/IoV & Optoelectronics
Other End-user Industries
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa
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