The global advanced packaging market has experienced growth
due to several factors such as an increase in demand for
miniaturization and expansion of the consumer electronics
sector.
Wilmington, Del., Aug. 7, 2024
/PRNewswire/ -- Allied Market Research published a report, titled,
"Advanced Packaging Market by Type (Flip chip
CSP, Flip-chip ball grid array, Wafer level CSP, 2.5D/3D, Fan-out
WLP and Others), End user (Consumer electronics, Automotive,
Industrial, Healthcare, Aerospace & defense and Others), By ():
Global Opportunity Analysis and Industry Forecast, 2024-2032".
According to the report, the advanced packaging market was valued
at $48.5 billion in 2023, and is
estimated to reach $119.4 billion by
2032, growing at a CAGR of 10.6% from 2024 to 2032.
Download Research Report Sample & TOC:
https://www.alliedmarketresearch.com/request-sample/2355
(We are providing report as per your research requirement,
including the Latest Industry Insight's Evolution, Potential and
COVID-19 Impact Analysis)
- 130 – Tables
- 58 – Charts
- 250 – Pages
Prime Determinants of Growth
The notable factors positively affecting the advanced packaging
market include increasing demand for miniaturization of devices and
improved system performance and optimization of advanced packaging.
However, problems regarding the high cost of advanced packaging
technology hamper market growth. Moreover, emerging trends toward
fan-out wafer level packaging are expected to offer huge
opportunities for the advanced packaging market.
Report Coverage & Details:
Report
Coverage
|
Details
|
Forecast
Period
|
2024–2032
|
Base
Year
|
2023
|
Market Size in
2023
|
$48.5
billion
|
Market Size in
2032
|
$119.4
billion
|
CAGR
|
10.6 %
|
No. of Pages in
Report
|
250
|
Segments
Covered
|
Type, End User, and
Region.
|
Drivers
|
- Increasing demand for miniaturization
- Growth in consumer electronics
- The expansion of IoT applications across
various sectors, including industrial, healthcare, and smart
homes
|
Opportunities
|
- The growing adoption of electronic components
in automotive applications
- Growth in Data Centers and Cloud
Computing
|
Restraint
|
- High costs associated with advanced
packaging
|
Segment Highlights
The demand for CSP flip chip ball grid array segment in advanced
packaging market is driven by its superior performance
characteristics, essential for high-performance and compact
electronic devices. FCBGA technology offers excellent electrical
and thermal performance, allowing for higher interconnection
density, improved signal integrity, and efficient heat dissipation.
These features are critical for applications in high-performance
computing, mobile devices, and consumer electronics. The increasing
demand for miniaturization, enhanced processing power, and energy
efficiency in these devices fuel the growth of CSP FCBGA packaging
solutions, meeting the evolving requirements of advanced
semiconductor applications.
Get Customized Reports with your Requirements:
https://www.alliedmarketresearch.com/request-for-customization/2355
The demand for the consumer electronics segment in the advanced
packaging market is on the rise due to the increasing need for
compact, high-performance devices such as smartphones, tablets,
wearables, and gaming consoles. Advanced packaging technologies
like Fan-Out Wafer-Level Packaging (FOWLP) and Through-Silicon Via
(TSV) enable miniaturization, improved power efficiency, and
enhanced functionality, which are essential for modern consumer
electronics. The rapid adoption of technologies such as 5G, IoT,
and AI in these devices further drives the need for sophisticated
packaging solutions that support higher processing speeds, better
heat dissipation, and greater interconnection density, thus fueling
market growth.
Regional Outlook
In Asia-pacific, China attained the highest market share in the
advanced packaging market due to strong semiconductor manufacturing
infrastructure, substantial investments in research and
development, and a strong focus on technological innovation.
China is home to major
semiconductor foundries and packaging companies that drive
advancements in packaging technologies. In addition, the high
demand for consumer electronics, automotive electronics, and
telecommunication devices in the domestic market fuels the need for
advanced packaging solutions. Government support through favorable
policies and initiatives to boost the semiconductor industry
further propels China's leadership
position in the advanced packaging market.
Inquiry before Buying:
https://www.alliedmarketresearch.com/purchase-enquiry/2355
Key Players: -
- Amkor Technology
- Intel Corporation
- Qualcomm Technologies Inc.
- Taiwan Semiconductor Manufacturing Company
- IBM
- Microchip Technology
- Renesas Electronics Corporation
- Texas Instruments
- Analog Devices
The report provides a detailed analysis of these key players in
the global advanced packaging market. These players have adopted
different strategies such as new product launches, collaborations,
expansion, joint ventures, agreements, and others to increase their
market share and maintain dominant shares in different regions. The
report is valuable in highlighting business performance, operating
segments, product portfolio, and strategic moves of market players
to showcase the competitive scenario.
Recent Development:
- In October 2023, Advanced
Semiconductor Engineering Inc. (ASE) announced the launch of its
Integrated Design Ecosystem (IDE), a collaborative design toolset
optimized to enhance advanced package architecture across its
VIPack platform. This innovative approach facilitates a seamless
transition from single-die SoC to multi-die disaggregated IP
blocks, including chiplets and memory, for integration using 2.5D
or advanced fanout structures. The IDE is designed to
systematically boost the efficiency and effectiveness of advanced
packaging, supporting the evolving demands of semiconductor
technology.
Key Benefits For Stakeholders:
- This report provides a quantitative analysis of the market
segments, current trends, estimations, and dynamics of the advanced
packaging market analysis from 2024 to 2032 to identify the
prevailing advanced packaging market opportunities.
- The market research is offered along with information related
to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers
and suppliers to enable stakeholders make profit-oriented business
decisions and strengthen their supplier-buyer network.
- In-depth analysis of the advanced packaging market segmentation
assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their
revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides
a clear understanding of the present position of the market
players.
- The report includes the analysis of the regional as well as
global advanced packaging market trends, Advanced
Packaging Company List, Advanced Packaging Market Share by
Companies, Advanced Packaging Industry Report,
Advanced Packaging Sector Analysis, Semiconductor
Advanced Packaging, Advanced Packaging Technology key
players, market segments, application areas, and market growth
strategies.
Procure Complete Report (250 Pages PDF with Insights, Charts,
Tables, and Figures) @
https://www.alliedmarketresearch.com/checkout-final/Advanced-Packaging-Market
Advanced Packaging Market Key Segments:
By Type
- Flip chip CSP
- Flip-chip ball grid array
- Wafer level CSP
- 2.5D/3D
- Fan-out WLP
- Others
By End User
- Consumer electronics
- Automotive
- Industrial
- Healthcare
- Aerospace & defense
- Others
By Region:
- North America (U.S.,
Canada, and Mexico)
- Europe (UK, Germany, France, Russia, and Rest of Europe)
- Asia-Pacific (China, Japan,
India, Australia, South
Korea, and Rest of Asia-Pacific)
- Latin America (Brazil, Argentina, and Rest of Latin America)
- Middle East and Africa (UAE, Saudi
Arabia, and Rest of Middle
East and Africa)
Access AVENUE - A Subscription-Based Library (Premium
On-Demand, Subscription-Based Pricing Model)
@ https://www.alliedmarketresearch.com/library-access
Avenue is a user-based library of global market report database,
provides comprehensive reports pertaining to the world's largest
emerging markets. It further offers e-access to all the available
industry reports just in a jiffy. By offering core business
insights on the varied industries, economies, and end users
worldwide, Avenue ensures that the registered members get an easy
as well as single gateway to their all-inclusive requirements.
Avenue Library Subscription | Request For 14 Days Free Trial
of Before Buying:
https://www.alliedmarketresearch.com/avenue/trial/starter
Trending Reports in Semiconductor and Electronics
Industry:
Semiconductor Packaging Market size is expected to
reach $60.44 billion by 2030 from
$27.10 billion in 2020, growing at a
CAGR of 9.10% from 2021 to 2030
Consumer Electronics Packaging Market was valued at
$22.1 billion in 2022, and is
projected to reach $49.1 billion by
2032, growing at a CAGR of 8.4% from 2023 to 2032
Quad-Flat-No-Lead Packaging Market size was valued at
$453.1 million in 2021, and is
projected to reach $1.1 billion by
2031, growing at a CAGR of 8.8% from 2022 to 2031
Embedded Die Packaging Technology Market was valued at
$69.2 million in 2021, and is
projected to reach $370.7 million by
2031, growing at a CAGR of 18.3% from 2022 to 2031
Wafer Level Packaging Market size was valued at
$4.5 billion in 2020, and is
projected to reach $23.6 billion by
2030, growing at a CAGR of 18.8% from 2021 to 2030.
About Us:
Allied Market Research (AMR) is a full-service market research
and business-consulting wing of Allied Analytics LLP based in
Wilmington, Delaware. Allied
Market Research provides global enterprises as well as medium and
small businesses with unmatched quality of "Market Research Reports
Insights" and "Business Intelligence Solutions." AMR has a targeted
view to provide business insights and consulting to assist its
clients to make strategic business decisions and achieve
sustainable growth in their respective market domain.
We are in professional corporate relations with various
companies, and this helps us in digging out market data that helps
us generate accurate research data tables and confirms utmost
accuracy in our market forecasting. Allied Market Research CEO
Pawan Kumar is instrumental in
inspiring and encouraging everyone associated with the company to
maintain high quality of data and help clients in every way
possible to achieve success. Each and every data presented in the
reports published by us is extracted through primary interviews
with top officials from leading companies of domain concerned. Our
secondary data procurement methodology includes deep online and
offline research and discussion with knowledgeable professionals
and analysts in the industry.
Contact:
David
Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Logo:
https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
View original
content:https://www.prnewswire.com/news-releases/advanced-packaging-market-to-reach-119-4-billion-globally-by-2032-at-10-6-cagr-allied-market-research-302216395.html
SOURCE Allied Market Research