Flip chip technology market is driven by computing and consumer applications, flip chip technology market is presently experiencing a high growth due to the advancement in copper pillar, Flip chip technology market is further driven by its application in automotive market

Albany, NY -- (SBWire) -- 07/25/2017 --The flip chip technology market is presently experiencing a high growth due to the advancement in copper pillar and micro bumping metallurgy and its extended use in consumer electronics products and mobile phones. The most advanced packaging technologies are being served by new bumping solutions thus in turn flip chip technology is able to adapt to meet new challenges. Because of its increased performance capabilities flip chip technology has become a widely accepted technology in mid-range and high-range applications. Increasing demand for mobile-wireless, computing and consumer applications is driving the market for the flip chip technology market.

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To obtain the integration of diverse chips 2.5D IC packaging technology and 3D IC packaging technology are becoming the typical trend these days. Consumer electronics market holds the largest market share for flip chip technology market and it is expected to grow at highest rate. Flip chip technology market is further driven by its application in automotive market and it is expected to grow at higher CAGR rate. Demand for raw materials has been significantly increased by the manufacturers producing new technologies for bumping process. This leads to the aggressive growth in this business among the raw material market players.

Based on the Wafer Bumping Process the flip chip technology market is segmented into:

Copper (Cu) pillar
Lead-free
Tin/lead eutectic solder
Gold stud+ plated solder

Based on the Packaging Technology the flip chip technology market is segmented into:

2D IC
2.5D IC
3D IC

Based on the Packaging Type the flip chip technology market is segmented into:

FC BGA
FC PGA
FC LGA
FC QFN
FC SiP
FC CSP

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Based on the Product the flip chip technology market is segmented into:

Memory
LED
CMOS Image sensor
RF, analog, mixed signal, and power IC
CPU
SoC
GPU

Based on the Product the flip chip technology market is segmented into:

Consumer electronics
Telecommunication
Automotive
Industrial sector
Medical devices
Smart technologies
Military & aerospace

In terms of geography, the flip chip technology market has been divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The global flip chip technology market is expected to register healthy CAGR during the forecast period. Asia-Pacific is anticipated to be the dominant market for flip chip technology market followed by North America and Europe. The flip chip technologymarket in Asia-Pacific region is expected to grow at highest CAGR over the forecast period. Countries like China and India are major manufacturing hubs and are likely to provide abundant opportunities for the growth of the flip chip technologies.

Some of the key players in the global flip chip technology market are Amkor Technology Inc., Ase Group, Faraday Technology Corp., Flipchip International Llc, Gigpeak Inc., Globalfoundries Inc., Ibm Corp., Intel Corp etc.