The article cited AMA's Global Flip Chip Technology Market Study explored substantial growth with CAGR of 5.6%. According the report, The growing demand for flip-chip technology services from various renewable energy resources
is one of the primary growth factors for the market. The growing demand from different end-use industry including applications in IT and telecommunication, automotive and transport, consumer electronics, industrial, aerospace and defense, and healthcare, among others is also expected to contribute significantly to the Flip Chip Technology market. Overall, applications of Flip Chip Technology, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Flip Chip Technology market identified that the demand is rising in many different parts of the world as "The high demand due to rapid development in the Internet of things (IoT)
". Furthermore, some recent industry insights like "In Aug 2019 - Globalfoundries announced that it has taped-out an Arm-based 3D high-density test chip that may enable a new level of system performance and power efficiency for computing applications such as AI/ML and high-end consumer mobile and wireless solutions" is constantly making the industry dynamic. One of the challenges that industry facing is "The concern related to less number of customization options"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Flip Chip Technology market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Flip Chip Technology market and other related sub-markets covered in the study.
o Key & emerging players in the Flip Chip Technology market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Flip Chip Technology market size is calculated using market estimation process, the Flip Chip Technology market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Flip Chip Technology market size has been validated using both top-down and bottom-up approaches.