Intelligent Transport Systems Market 2021: Market Growth, Scope, Trends, Revenue, Share and Demands, Market Restraints, Research Report

“Semiconductor Packaging Market” is the process of conveying a good quality service to customers. focuses on identifying hidden needs or requirements of customers. Report defines the scope of the Semiconductor Packaging market, identifying potential of the Semiconductor Packaging markets and determining optimal pricing for the market, it encouraging potential customers to purchase, and finding the best distribution methods for delivering to customers.

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Market Overview:

  • The global semiconductor packaging market was valued at USD 26.12 billion in 2018 and is expected to be worth USD 41.16 billion by 2024, recording a CAGR of 7.96% over the forecast period (2019-2024). Owing to the growing demand across various end-user verticals of the packaging industry, the industry has witnessed a continuous transformation in terms of characteristics, integration, and energy efficiency of the product. Since packaging is in the early stage in the electronics value chain, the growth of the market studied is directly impacted by the growth of the semiconductor market.
  • – The advent of IoT and artificial intelligence (AI) and the proliferation of sophisticated electronics are factors driving the high-end application segment across the consumer electronics and automotive industries that have increased the rate of adoption of the latest semiconductor packaging technologies, to meet the growing demand.
  • – Semiconductor packaging technology has evolved to minimize the costs involved and enhance the overall efficacy of ICs. Vendors in the market are under constant pressure to deliver innovative solutions in terms of the size of the packaging, performance, and the “time-to-market” aspect.
  • – Also, the emergence of 2.5D and 3D packaging mechanism, as of mid-2010, has made semiconductor manufacturers extend their flip-chip and wafer-level capabilities, owing to their enhanced functionality.

    Key Market Trends:

    High Adoption Rate in Consumer Electronics Segment to Augment the Market Growth

    – 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 have given rise to smaller, lighter, and more portable devices, like tablets, smartphones, and the emerging IoT devices.
    – Each new iteration of consumer electronics products is smarter, lighter, and more energy efficient than its predecessors. This advantage creates huge expectations among customers for the next iteration, which is a significant selling point for the producers of consumer electronics.
    – In addition to this, smartphones are one of the most significant contributors to semiconductor consumption in the consumer electronics segment. In recent years, the United States has witnessed consistent growth in smartphone sales. With this trend likely to continue, it is poised to drive the semiconductor demand, in turn, augmenting the packaging market growth.

    North America Expected to Hold a Significant Share

    – Countries in the region, such as the United States lead the world in manufacturing, design, and research in the semiconductor industry. The United States is also the frontrunner in semiconductor packaging innovation, boasting of 80 wafer fabrication plants spread across 19 states. Apart from this, investments in the country by major players are set to fuel the semiconductor packaging market.
    – For instance, Intel Corporation in 2017 had planned to invest more than USD 7 billion to complete Fab 42, a semiconductor factory, which is expected to be ready in 3-4 years.
    – Apart from this, the United States is home to some of the major automotive players in the world, which are investing in the electric car segment. This is set to augment the demand for semiconductors in the automotive industry significantly. In turn, it is driving the semiconductor packaging market.
    – For instance, Toyota in 2018 announced CAD 1.4 billion in two factories in central Canada where it plans to build its largest hybrid hub in North America. The government is expected to support the investment with CAD 110 million in Cambridge and Woodstock.

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    Major Key Players are as Follows

  • ASE Group
  • Amkor Technology
  • Jcet/Stats Chippac Ltd.
  • Siliconware Precision Industries Co. Ltd. (Spil)
  • Powertech Technology, Inc.
  • Tianshui Huatian Technology Co. Ltd.
  • Fujitsu Ltd.
  • UTAC Group
  • Chipmos Technologies, Inc.
  • Chipbond Technology Corporation
  • Intel Corporation
  • Samsung Electronics Co. Ltd.
  • Unisem (M) Berhad
  • Interconnect Systems, Inc. (ISI)
  • Carsem

    Scope of the Report:

  • Semiconductor packaging is a casing containing one or more discrete semiconductor devices or integrated circuits made up metal, plastic, glass, or ceramic casing. Packaging must protect an electronic system from cooling, radio frequency noise emission, mechanical damage, and electrostatic discharge.

    Geographical Regions:

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    Topics such as sales and sales revenue overview, production market share by product type, capacity and production overview, import, export, and consumption are covered under the development trend section of the Semiconductor Packaging market report.

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    Reasons to Purchase Semiconductor Packaging Market Report Covered:

    • The report examines how Semiconductor Packaging market will develop in the future.
    • Studying various views of the Semiconductor Packaging market with the help of Porter’s five forces analysis.
    • Analyzing the product type that is probable to control the market and regions that are likely to witness the fastest development during the forecast period
    • Identify the new developments, Semiconductor Packaging market shares and strategies employed by the key market players.
    • Competitive landscape including the market share of major players along with the key strategies accepted for growth in the past five years
    • Complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major Semiconductor Packaging market players

    Detailed TOC of Semiconductor Packaging Market – Growth, Trends, and Forecast (2019 – 2024)

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Market Definition

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Growing Consumption of Semiconductor Devices Across Industries
    4.3.2 Need for Miniaturization of Semiconductor Devices
    4.4 Market Restraints
    4.4.1 High Initial Investment and Increasing Complexity of Semiconductor IC Designs
    4.5 Industry Attractiveness – Porter’s Five Force Analysis
    4.5.1 Bargaining Power of Suppliers
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Threat of New Entrants
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry
    4.6 Value Chain Analysis

    5 MARKET SEGMENTATION
    5.1 By Packaging Platform
    5.1.1 Flip Chip
    5.1.2 Embedded Die
    5.1.3 Fan-in Wafer Level Packaging (Fi Wlp)
    5.1.4 Fan-out Wafer Level Packaging (Fo Wlp)
    5.2 By End-user Industry
    5.2.1 Consumer Electronics
    5.2.2 Aerospace & Defense
    5.2.3 Medical Devices
    5.2.4 Communications & Telecom
    5.2.5 Automotive Industry
    5.2.6 Energy & Lighting
    5.3 Geography
    5.3.1 North America
    5.3.2
    5.3.3 Asia-Pacific
    5.3.4 Latin America
    5.3.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 ASE Group
    6.1.2 Amkor Technology
    6.1.3 Jcet/Stats Chippac Ltd.
    6.1.4 Siliconware Precision Industries Co. Ltd. (Spil)
    6.1.5 Powertech Technology, Inc.
    6.1.6 Tianshui Huatian Technology Co. Ltd.
    6.1.7 Fujitsu Ltd.
    6.1.8 UTAC Group
    6.1.9 Chipmos Technologies, Inc.
    6.1.10 Chipbond Technology Corporation
    6.1.11 Intel Corporation
    6.1.12 Samsung Electronics Co. Ltd.
    6.1.13 Unisem (M) Berhad
    6.1.14 Interconnect Systems, Inc. (ISI)
    6.1.15 Carsem

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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