Fast Market Research announces the availability of the new Markets and Markets report, "Flip Chip Technology Market - Global Forecast to 2022", on their comprehensive research portal
Boston, MA -- (SBWIRE) -- 05/02/2016 -- Flip Chip Technology Market by Wafer Bumping Process (CU Pillar, Lead-Free), Packaging Technology (2D IC, 2.5D IC, 3D IC), Packaging Type (BGA, PGA, LGA, SIP, CSP), Product (Memory, LED, CPU, GPU, SOC), Application and Geography - Global Forecast to 2022
"Miniaturization of semiconductor devices, improved performance, and reduced size driving the flip chip technology market"
The flip chip technology market is expected to grow from USD 19.01 billion in 2015 to USD 31.27 billion by 2022, at a CAGR of 7.1% between 2016 and 2022. The flip chip technology market is driven by factors such as increasing demand for miniaturization and high performance in electronic devices, and strong penetration in the consumer electronics market.
"The market for CPU of flip chip technology to gain maximum traction during the forecast period"
CPUs packaged using the flip chip technology are estimated to hold the largest market share during the forecast period. The market for LED is expected to gain traction and grow at the highest CAGR in the next six years. These are the most sustainable product segments for the flip chip technology market. CPUs have a wide range of applications in computers, smartphones (application processor), high-end networks such as servers, wearables, and now automotive. The performance of application processor in smartphones and tablets remains a key feature leading to fierce competition among brands. Therefore, increasing need for more functionality and reduced package size is expected to drive the integration of flip chip technology in baseband and application processors for mobile platforms.
Get More Details on this Report and a Full Table of Contents at Flip Chip Technology Market - Global Forecast to 2022
The market in APAC expected to witness highest growth during the forecast period
APAC accounted for the major market share of the overall flip chip technology market in 2015. Moreover, the market in APAC is expected to grow at the highest CAGR between 2016 and 2022. Asia-Pacific is a major manufacturing hub and expected to provide ample opportunities for the growth of flip chip technology. The growing demand for high performance in smartphones and automotive MCUs is driving the market in this region.
In the process of determining and verifying the market size for several segments and sub-segments gathered through the secondary research, extensive primary interviews with key people have been conducted. The break-up of profile of primary participants is as given below:
-By Company Type: Tier 1 - 22%, Tier 2 - 45% and Tier 3 - 33%
-By Designation: C-level - 43%, Manager level - 57%
-By Region: North America - 12%, Europe - 38%, APAC - 25%, RoW - 25%
Owing to the rise in the demand for flip chip packaging solutions in smartphones, computers, and tablets, the flip chip technology market is expected to have huge opportunity for growth in the next six years.
Various key players in the flip chip technology market profiled in the report are as follows:
1. TSMC, Ltd. (Taiwan)
2. Samsung (South Korea)
3. Intel Corporation (U.S.)
4. United Microelectronics Corporation (Taiwan)
5. ASE Group (Taiwan)
6. Amkor Technology (U.S.)
7. STATS ChipPAC (Singapore)
8. Powertech Technology (Taiwan)
9. SPIL, Co., Ltd. (Taiwan)
10. JCET, Co., Ltd. (China)
The report would help key players/new entrants in this market in the following ways:
1. This report segments the flip chip technology market comprehensively and provides the closest approximations of the size of the overall market and sub-segments across different verticals and regions.
2. The report helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders to better understand a competitor and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, mergers and acquisitions.
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Computer Technology research reports at Fast Market Research
You may also be interested in these related reports:
-IoT Chip Market - Global Forecast to 2022
-Laser Technology Market - Analysis & Forecast to 2022
-FinFET Technology Market - Global Forecast to 2022
-Wearable Fitness Technology Market - Global Forecast to 2022
-Neuromorphic Chip Market - Global Forecast & Analysis to 2016 - 2022