Advanced Packaging Market Scope
Advanced packaging could be a general grouping of a spread of distinct techniques includes a pair of 5D, 3D-IC, fan-out wafer-level packaging, and system-in-package. Whereas putting multiple chips in a very package has been around for many years, the driving force for advanced packaging is directly correlated with Moore’s Law. Wires are shrinking in conjunction with transistors, and therefore the quantity of distance that a signal has to travel from one finish of a chip over skinny wires is increasing at every node.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Samsung Electronics Co., Ltd. (South Korea), Intel Corporation (United States), Advanced Semiconductor Engineering Inc. (Taiwan), Stats Chippac Pte. Ltd. (Singapore), Amkor Technology (United States), Qualcomm Technologies Inc. (United States), Taiwan Semiconductor Manufacturing Company (Taiwan), IBM (United States), Microchip Technology (United States) and Renesas Electronics Corporation (Japan) |
CAGR | % |
Advanced Packaging market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Samsung Electronics Co., Ltd. (South Korea), Intel Corporation (United States), Advanced Semiconductor Engineering Inc. (Taiwan), Stats Chippac Pte. Ltd. (Singapore), Amkor Technology (United States), Qualcomm Technologies Inc. (United States), Taiwan Semiconductor Manufacturing Company (Taiwan), IBM (United States), Microchip Technology (United States) and Renesas Electronics Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Texas Instruments (United States) and Analog Devices (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Advanced Packaging market by Type , by Application (Consumer Electronics, Automotive, Healthcare, Aerospace and Others) and Region with country level break-up.
On the basis of geography, the market of Advanced Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In November 2022, Lam Research Corp. announced that it has completed the acquisition of SEMSYSCO GmbH with the addition of SEMSYSCO, Lam gains capabilities in advanced packaging, ideal for leading-edge logic chips and chiplet-based solutions for high-performance computing (HPC), artificial intelligence (AI) and other data-intensive applications. Financial terms of the agreement were not disclosed.
In January 2024, Borouge Plc launched five new grades to meet the growing demand in the infrastructure and advanced packaging industries. The launch supports Borouge’s growth and innovation strategy by increasing its market share in the piping market in the company’s core territories
Influencing Trend:
Inclination of Consumer towards Connected Device and IoT Will Lead to the Growth of Semiconductor Packaging is New Market Trend
Market Growth Drivers:
Increase in Demand for Miniaturisation of General Electronic Devices and Improved System Performance With High Working Range Is Driving The Market
Challenges:
Initial High Cost Involved In Setups For Manufacturing Advanced Packaging
Restraints:
IoT being Main Conduct, Data Breach is a threat and can hamper market Growth
Opportunities:
Continuous Compact and Secure Technology Innovation for Newer Device Compatibility and Operating Speeds.
Key Target Audience
Advanced Packaging Manufacturer, Supplier/Distributors, Consumer Electronics, Research Firms and Others