Written by stanley huds » Updated on: November 14th, 2024
Global Advanced Packaging Market Statistics: USD 113.3 Billion Value by 2033
Summary:
Industry Trends and Drivers:
Factors Affecting the Growth of the Advanced Packaging Industry:
People prefer smaller, lighter, portable devices, boosting market growth. This trend is clear in the popularity of smartphones, tablets, and wearables. Advanced packaging technologies allow manufacturers to create these compact devices without losing functionality. Many applications, like mobile devices and automotive electronics, have limited space for components. Techniques such as 3D stacking and system-in-package (SiP) make efficient use of space. They enable the integration of multiple functions and components in a small design.
Semiconductor devices are now more complex, integrating multiple functions into one chip. Technologies like system-in-package (SiP) and 2.5D/3D stacking allow the combination of processors, memory, sensors, and power circuits in a small package. Applications such as artificial intelligence (AI), high-performance computing, and 5G communication demand chips with high processing power. These advanced packaging methods also improve the electrical and thermal performance of semiconductor devices, helping them meet these demands.
Semiconductor devices are getting smaller and more complex, leading to increased heat. Advanced packaging now includes features like heat spreaders, sinks, and vias to manage this heat. It also allows for innovative cooling methods, such as microfluidic cooling and embedded heat pipes. These techniques efficiently remove heat, keeping devices at optimal performance.
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Advanced Packaging Market Report Segmentation:
Breakup By Type:
Flip-chip ball grid array represented the largest segment due to its various advantages, such as compactness, improved electrical performance, and efficient heat dissipation.
Breakup By End Use:
Consumer electronics holds the biggest market share as the consumer electronics industry constantly demands smaller, more powerful, and energy-efficient devices.
Breakup By Region:
Asia Pacific enjoys the leading position in the advanced packaging market on account of its robust electronics manufacturing ecosystem.
Top Advanced Packaging Market Leaders:
The advanced packaging market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:
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