NEW YORK , July 28, 2022 /PRNewswire/ -- Flip chip technology is an advanced packaging method that uses conductive bumps to interconnect the chip and the substrate. It provides better performance when compared to conventional wire bonding.
The "Flip Chip Market by End-user (electronics, heavy machinery and equipment, IT and telecommunication, automotive, and others) and Geography (North America , APAC, Europe , MEA, and South America ) - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. The potential growth difference for the flip chip market size between 2020 and 2025 is USD 9.1 bn . To get the exact CAGR and the Y-O-Y growth rate, Request a Sample Report
The flip chip market report is segmented by end-user (electronics, heavy machinery and equipment, IT and telecommunication, automotive, and others) and geography (North America , APAC, Europe , MEA, and South America ).
By geography, APAC will be the leading region with 39% of the market's growth during the forecast period. China is a key country for the flip chip market in APAC. The growth of the region is attributed to factors such as the growing demand for flip chips from the automotive, aerospace, electronics and electrical, and telecommunication industries, especially in countries such as China , Japan , India , and South Korea . Moreover, market growth in this region will be faster than the growth of the market in other regions.
By end-user, the electronics segment will have significant market share growth during the forecast period. Flip chip packaging is used widely in the electronics industry. The demand for high-functionality ICs, the large number of input-output ports, and high-density packaging in electronics will drive the growth of the segment.
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Market Driver: The high requirement from IoT is driving the growth of the market. The emergence of concepts such as smart manufacturing, smart factories, and smart grids has increased the demand for IoT devices. Incorporating smart grids with existing networks in developed countries will also raise the demand for IoT devices. Thus, the growing demand for IoT devices has increased the demand for sensors. Flip chip technology can be used to miniaturize equipment such as sensors and provide high performance. Hence, flip chip architecture is incorporated in microelectromechanical systems (MEMS) sensors, which is driving the growth of the global flip chip market.
Market Challenge: The need for significant capital investments is challenging the growth of the flip chip market. Significant capital investments are required to set up a manufacturing facility for flip chip technology for packaging services. Moreover, advanced safety features are needed in assembly lines to reduce malfunctions and stoppages. The implementation of such features is expensive. Hence, the need for significant capital investments will hinder the growth of the global flip chip market.
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Some Companies Mentioned with their Offerings
ASE Technology Holding Co. Ltd.
Siliconware Precision Industries Co. Ltd.
Taiwan Semiconductor Manufacturing Co. Ltd.
This report provides a full list of key vendors, their strategies, and the latest developments. Request a Sample Report Now
System-on-Chip Market by Application and Geography - Forecast and Analysis 2022-2026
Chip-on-Board (COB) LED Market by Application and Geography - Forecast and Analysis 2022-2026
Accelerate at a CAGR of 6.99%
North America, APAC, Europe, MEA, and South America
US, China, Germany, and Canada
Leading companies, competitive strategies, consumer engagement scope
ASE Technology Holding Co. Ltd., Amkor Technology Inc., Chipbond Technology Corp., ChipMOS TECHNOLOGIES Inc., Intel Corp., International Business Machines Corp., NXP Semiconductors NV, Samsung Electronics Co. Ltd., Siliconware Precision Industries Co. Ltd., and Taiwan Semiconductor Manufacturing Co. Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
3.4 Market outlook: Forecast for 2020 - 2025
5.3 Electronics - Market size and forecast 2020-2025
5.4 Heavy machinery and equipment - Market size and forecast 2020-2025
5.5 IT and telecommunication - Market size and forecast 2020-2025
5.6 Automotive - Market size and forecast 2020-2025
5.7 Others - Market size and forecast 2020-2025
7.3 North America - Market size and forecast 2020-2025
7.4 APAC - Market size and forecast 2020-2025
7.5 Europe - Market size and forecast 2020-2025
7.6 MEA - Market size and forecast 2020-2025
7.7 South America - Market size and forecast 2020-2025
10.4 ASE Technology Holding Co. Ltd.
10.11 Siliconware Precision Industries Co. Ltd.
10.12 Taiwan Semiconductor Manufacturing Co. Ltd.
11.2 Currency conversion rates for US$
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