report Advanced Packaging Market provides an in-depth analysis of all market dynamics including drivers and restraints, and trends and opportunities. Important factors supporting growth across various is also provided. Using the industrial figures, the market finds growth figures between the forecast period from 2019 to 2024. In order to present an executive-level model of the market and its future perspectives, the report presents a clear segmentation based on different parameters. The factors that affect these segments are also discussed in detail in the report. The report Advanced Packaging Market provides market intelligence on the different segments of the Cat123 category.
Get Sample PDF Copy of Advanced Packaging Market Report: https://www.absolutereports.com/enquiry/request-sample/14245743
The advanced packaging market was valued at USD 3,358.1 million in 2018, and it is expected to reach a value of USD 6,937.73 million by 2024, at a CAGR of 10.66% during the forecast period (2019-2024). The rise in demand for artificial intelligence (AI) will create a huge demand for semiconductors with improvements.
– Presently, electronic devices are readily available in different kinds of package types and include semiconductors (integrated circuits), magnets, capacitors, and resistors. The semiconductor packaging services market has drawn the greatest attention in the investment community. The change in the consumer preference for the latest technology and constant innovations by major players for electronic goods has created a huge market base for the advanced packaging market.
– As people are shifting toward connected devices, so an increase in the Internet of Things (IoT) will lead to the growth of semiconductor packaging. An increase in the demand for consumer wearable goods, smartphones, and home appliances will act as a positive impact on this industry.
– With IoT being a major driver, security is a main concern for the user. The semiconductor manufacturers have to constantly work to develop more secure chips. The industry should also align themselves with the electronics goods industry’s value chain. This alignment will increase the total cost of the ICs.
Scope of the Report
IC packaging in the semiconductor industry has witnessed a continuous transformation in terms of characteristics, integration, and energy efficiency of the product, owing to a vast demand across various end-user verticals of the industry. The 2D integrated circuit (2.0DIC) flip-chip and wafer-level packaging technologies witnessed solid growth over the years, owing to a number of mainstream applications, primarily in high-end smartphones and tablets that are expected to meet stringent size and power management requirements.
Advanced Packaging Market by Companies:
– Amkor Technology, Inc., Taiwan Semiconductor Manufacturing Company, Limited, Advanced Semiconductor Engineering Inc., Intel Corporation, STATS ChipPAC Pte. Ltd, Chipbond Technology Corporation, Samsung Electronics Co. Ltd
Key Market Trends
Fan-out Wafer Level Packaging to Provide New Opportunities for Market Growth
– Fan-out wafer level packaging (FOWLP) has emerged as a promising technology to meet the ever increasing demands of the consumer electronic products. The main advantages of FOWLP are the substrate-less package, lower thermal resistance, a higher performance due to shorter interconnects together with direct IC connection by thin film metallization instead of wire bonds or flip chip bumps and lower parasitic effects.
– Semiconductor devices with thousands of I/O points can be seamlessly connected via finely-spaced lines as thin as two to five microns, maximizing interconnect density while enabling high bandwidth data transfer. Significant height and cost savings are achieved via the elimination of the substrate.
– According to the Semiconductor Industry Association report 2018, the end-use categories like computer and communications hold major sales value i.e., USD 144.3 billion and USD 151.9 billion respectively.
– The semiconductors enable a wide variety of products for smartphones and computers and the demand for these devices is increasing year on year. A positive outlook for IoT and artificial intelligence are supplementing the growth of the semiconductor industry.
Asia-Pacific to Witness the Highest Growth in Advanced Packaging Market
– Asia-Pacific is expected to grow at a healthy rate, being a major revenue generating region during the forecast period, primarily owing to the growing population and the customer-side demand. Prominent semiconductor manufacturing companies present in the region are fueling the demand for advanced semiconductor packaging.
– Moreover, China is the largest growing economy with a large population, and according to statistics from China’s semiconductor association, the import of IC is increasing for the consecutive year from 2014. The Chinese government has employed a multi-pronged strategy to support domestic IC industry development in order to achieve the goal of becoming the global leader in all primary IC industrial supply chain segments by 2030. This growth in the semiconductor IC industry in the region is anticipated to stimulate the advanced packaging demand.
Inquire More and Share Questions If Any Before the Purchase on This Report At: https://www.absolutereports.com/enquiry/pre-order-enquiry/14245743
Detailed TOC of Global Advanced Packaging Market – Growth, Trends, Forecast and Challenges (2019 – 2023)
- Research Methodology
- Executive Summary
- Market Overview and Trends of Advanced Packaging Market
- Market Dynamics of Advanced Packaging Market
- Global Advanced Packaging Market Segmentation, By Capacity
- Global Advanced Packaging Market Segmentation, By Material Type
- Global Advanced Packaging Market Segmentation, Segmented by Region
- Competitive Landscape and Introduction of Advanced Packaging Market
- Key Vendor Analysis (Overview, Products & Services, Strategies)
And Many More….
Purchase Report at: https://www.absolutereports.com/purchase/14245743
Price of Report: $ 4250
About Absolute Reports:
Absolute Reports is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in depth market research. We are one of the top report resellers in the market, dedicated towards bringing you an ingenious concoction of data parameters.
Name: Ajay More
Email: [email protected]
Organization: Absolute Reports
Phone: +14242530807/ +442032398187