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Semiconductor Packaging Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecasts 2019-2024

Semiconductor Packaging

Global Semiconductor Packaging Market Report includes an In-Depth analysis of the present state of the market. The report starts with the basic Semiconductor Packaging industry overview and then goes into each and every detail.

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The semiconductor packaging market is expected to project a healthy growth rate of about 12.31% during 2018 – 2023 (the forecast period).
In the semiconductor industry, packaging has witnessed a continuous transformation in terms of characteristics, integration, and energy efficiency of the product, owing to the growing demand across various end-user verticals of the industry. The identification of 2.5D and 3D packaging mechanism, as of mid-2010, has made semiconductor manufacturers to extend their flip-chip and wafer-level capabilities, owing to their enhanced functionality. The advent of IoT, artificial intelligence (AI), and proliferation of sophisticated electronics are the factors driving the high-end application segment across the consumer electronics and automotive industries. These dynamics have increased the rate of adoption of the latest semiconductor packaging technologies, to meet the growing demand.

Collaboration of OSAT Players, Manufacturers, and Foundries to Change the Game

In the past few years, dramatic changes have taken place in the supply chain of the semiconductor industry. The semiconductor industry is no longer dominated by the big players. Companies are not just concentrating on must now follow a different path, competing not so much on their performance and price. Increasing concerns, regarding what data capture and communications services their chips enable, along with their ability to collaborate with other players across the IoT value chain, are making semiconductor companies to approach their markets.

Semiconductor companies must be able to distinguish their products in new ways. The ability to partner with downstream players is considered to be one of the biggest factors to achieve this differentiation. Collaboration of big companies, like companies Google, Amazon, Tesla, Microsoft, and AMD, with several major foundries in the market indicates the shift in market trends. On the other hand, many consumer electronics companies invest in R&D activities, in order to produce their own hardware to reduce the costs, thus fueling the demand for semiconductor packaging services across the globe.

Asia-Pacific to Spearhead the Demand

Asia-Pacific is one of the most active manufacturing hubs in the world. Countries, like China, Japan, South Korea, Indonesia, Singapore, and Australia, have witnessed heavy manufacturing in the consumer electronics and automotive & transportation sectors. This factor is a key source of demand for semiconductor packaging in the region. China is the largest source of demand for semiconductor packaging. It is the largest exporter of electronics in Asia- Pacific, with exports contributing to a significant share of the country’s GDP. The huge R&D investments in cutting-edge technology and shorter product-life cycles have driven the exports of electronic goods, across the globe. Signs of market consolidation are also evident in the Chinese market.

Many major players are collaborating to expand their packaging product capabilities. In 2015, the acquisition of STATSChipPAC by JCET, propelled JCET into the fourth place amongst OSATs (Outsourced Semiconductor Assembly and Test), marked a huge change in the Asia-Pacific market. Also, the policy framework released by the State Council of the People’s Republic of China in June 2014, which aims to make advanced packaging a technology priority across the semiconductor industry, is expected to propel the semiconductor packaging market in Asia-Pacific..

High Rate of Adoption observed in the Consumer Electronics Industry

The electronics market constantly demands higher power dissipation, faster speeds, and higher pin counts, along with smaller footprints and lower profiles. The miniaturization and integration of semiconductors has given a rise to smaller, lighter, and more portable devices, like tablets, smartphones, and the emerging IoT devices. Each iteration of the consumer electronics products is becoming smarter, lighter, and more energy efficient than its predecessors. This creates a huge expectation in the customers for the next iteration of product, which is a major selling point for the producers of consumer electronics.

This trend is clearly evident in the biggest smart phone brand, Apple. The Apple’s 2007 version of iPhone had involved just two wafer level packaging. By the time of third iteration of iPhone (iPhone 5), the device consisted of seven wafer level packaging. In 2016, the iPhone 7 series had about 44 wafer level packaging in the device. This is the case with all the other consumer electronics giants in the market. The constant need for developing better products to meet the ever-changing consumer needs and high competition in consumer electronics market are expected to drive the demand for semiconductor packaging in the sector.

Major Players: ASE GROUP, AMKOR TECHNOLOGY, STATS CHIPPAC/JCET, SILICONWARE PRECISION INDUSTRIES CO. LTD (SPIL), POWERTECH TECHNOLOGY INC., UTAC GROUP, INTEL CORPORATION, AND ADVANCED MICRO DEVICES, INC. (AMD), amongst others.

Key Developments in the Market

• October 2017 – At the companys technology conference in Santa Clara, California, AMD announced that it is working directly with Tesla. This collaboration is expected to benefit both the parties, especially Tesla as Global Foundries, which fabricates chips, has a wafer supply agreement in place with AMD through 2020.
• May 2017 – Amkor Technology acquired Nanium SA, a manufacturer of WLFO technology. The acquisition is aimed at strengthening Amkor in the fast-growing market of wafer-level packaging for smartphones, tablets, and other applications.

Reasons to Purchase this Report

• Current and future of semiconductor packaging market outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The segment that is expected to dominate the market
• Regions that are expected to witness fastest growth during the forecast period
• Identify the latest developments, market shares and strategies employed by the major market players.
• 3 months analyst support along with the Market Estimate sheet (in excel).

Customization of the Report

This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.

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Semiconductor Packaging Market Forecast 2019-2024

The Semiconductor Packaging industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analysed under the section Analysis of Semiconductor Packaging production, supply, sales and market status.

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Price of Semiconductor Packaging Market Report (single User Licence): $ 4250

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

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