Semiconductor Packaging Market | Growth, Trends, Forecast (2018 – 24)
Added: (Thu May 23 2019)
Pressbox (Press Release) -
According to new market research report “GLOBAL SEMI-CONDUCTOR PACKAGING MARKET ANALYSIS BY SIZE, BY TYPE, BY APPLICATION, BY END USERS, BY GEOGRAPHY (ASIA PACIFIC, NORTH AMERICA, EUROPE, MIDDLE EAST AND AFRICA, SOUTH AMERICA), BY COMPANY PROFILE, FORECAST(USD MILLION) AND ESTIMATION 2018-2024, the overall market share is expected to accelerate to USD XXXX Billionat a CAGR of 8.2% by 2024”.The significant factors that lead to enhancement in the growth of Semiconductor packaging market is because of increase in chip designing and its packaging in various consumer electronic good like Mobiles, Computers, Electronic appliances, Flat displays among various others.
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Semiconductor increase in consumer electronics and their packaging leads to growth in Global Semiconductor Packaging Market
Semiconductor Packaging materials are divided into different types such as Organic Substrates, Lead Frames, Die Attach Material, Thermal Interface Materials, Ceramic Packages, Encapsulation Resins, Bonding Wires, Solder Balls and others. Each material has its own propertiesand importance. Lead Frames are the structures inside the package which help in carrying signals. Organic Substrate is the base material which is used in semiconductor packaging. Increase in Integrated Circuit packaging, Semiconductor packaging in various consumer electronic goods leads to enhance the Global Semiconductor Packaging Market.
Types of Semiconductor packaging technologies that may hold a striking demand in the forecast period
There are different Semiconductor Packaging technologies like Grid Array, Dual Flat No-Leads Package, Quad Flat Package, Wafer Level Package, Dual in-line package among others. Grid Array package is a type of surface mount packaging for different Integrated circuits. Wafer level packaging is used for interconnection of individual circuits and packing them. These packaging technologies have their own importance in different applications and play a key role in the enhancement of Global Semiconductor Packaging Market.
Geographic Segmentation of Semi-Conductor Packaging Market
Asia-Pacific has got a largest market share of about 68% of total Semi-Conductor packaging market due to growing population and demands followed by Europe, North America. Latin America, Middle East and Africa are the other countries that are contributing to the Global Semi-Conductor Packaging Market. Few factors which lead to the growth of the Semi-Conductor packaging market includedevelopment strategies, expansion, agreement, collaboration, joint ventures, partnership.The major key industrial players for Global Semi-Conductor packaging market include AMKOR technology, Du Pont, HENKEL AG & COMPANY, Hitachi Chemical, Kyocera.
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