About Memory Packaging
Memory packaging is used to pack memory chips. Memory packages are available in a wide variety such as SIMM, DIMM, SIPP, SODIMM, RIMM, and micro DIMM and their use varies based on the memory technologies and applications. These packages are offered in different materials such as plastic, glass, ceramic, and metal. Increased memory manufacturing and the huge growth of flip-chip DRAM and 3Dstacking technologies are opening significant opportunities for the memory packaging market. The key players are focusing on improving the electrical and thermal performance of memory packaging.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Memory Packaging market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ASE Group (Taiwan), Micron Technology (United States), Apacer Technology Inc. (Taiwan), Centon Electronics (United States), Infineon (Germany), Kingston Technology (United States), Kingmax Inc. (Taiwan), Fujitsu (Japan) and Alketron (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Amkor Technology (United States), Intel Corporation (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Memory Packaging market by Type (Single Inline Pin Package (SIPP), Single Inline Memory Module (SIMM), Dual Inline Memory Module (DIMM), Small outline Dual In-Line Memory Module (SODIMM), Rambus Inline Memory Module (RIMM) and Micro DIMM), Application (Consumer Electronics, Telecom, Embedded Systems, Enterprise Storage, Industrial & Automotive and Others) and Region.
On the basis of geography, the market of Memory Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Memory Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Investment in R&D to Manufacture Thinner Memory Packages
Market Growth Drivers:
Huge Adoption of Consumer Electronics Including Laptops, Smartphones, Etc. Due to Increasing Disposable Income and Surging Demand for Memory Technologies In Order to Meet Consumers’ Demand of Fast Functioning of Computers
Challenges:
Availability of Many Global Providers of Memory Packaging
Restraints:
Ongoing US-China Trade War and Economic Slowdown Will Hamper the Growth
Opportunities:
Increased Implementation of Connected Devices and Memory Technologies in Industrial and Automotive
Market Leaders and their expansionary development strategies
In June 2023, Powertech Technology Inc., one of the world's largest memory packaging and testing service providers, announced that it has been informed by Micron Technology of the latter's decision to acquire Powertech's assets in Xi'an, China.
In February 2024, Samsung announced the completion of the development of its 12-Hi 36 GB HBM3E memory stacks, just hours after Micron said it had kicked off mass production of its 8-Hi 24 GB HBM3E memory products. The new memory packages, codenamed Shinebolt, increase peak bandwidth and capacity compared to their predecessors, codenamed Icebolt, by over 50% and are currently the world's fastest memory devices.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Memory Packaging Manufacturers, Suppliers and Distributors of Memory Packaging, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.