Int'l : +1-503-894-6022 | Toll Free : +1-800-792-5285 | help@alliedmarketresearch.com
A01367 | Pages: 315 | Charts: 59 | Tables: 143 |
The global wafer level packaging market size was valued at $4.5 billion in 2020, and is projected to reach $23.6 billion by 2030, growing at a CAGR of 18.8% from 2021 to 2030.
Wafer level packaging (WLP) is a method of attaching packaging components to an integrated circuit (IC) prior to dicing the wafer. This procedure varies from a traditional method, which involve slicing the wafer into separate circuits (dice) before attaching the packaging components.
[COVIDIMPACTSTATEMENT]
Get more information on this report : Request Sample Pages
Growth of the global wafer level packaging industry is anticipated to be driven by factors such as rise in adoption of high-speed, compact size, and less expensive electronic products. In addition, wafer level packaging’s technological superiority over traditional packaging techniques and the impending need of circuit miniaturization in microelectronic devices boost the market growth. However, complexities in manufacturing process act as major restraint for the market. On the contrary, rise in use of wafers in the automotive industry is expected to fuel the market growth during the forecast period.
[TECHNOLOGYGRAPH]
The wafer level packaging market is segmented into Technology, Type and End User. By technology, the market is classified into fan in wafer level packaging and fan out wafer level packaging. Depending on type, it is categorized into 3D TSV WLP, 2.5D TSV WLP, WLCSP, Nano WLP, and others. On the basis of end user, the market is divided into consumer electronics, IT & telecommunication, automotive, healthcare, and others.
[ENDUSERGRAPH]
By region, the wafer level packaging market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, Taiwan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific dominated the wafer level packaging market in 2020, and is projected to register significant growth rate during the forecast period,owing to growth in the automotive segment. Furthermore, Asia-Pacific is expected to witness significant growth by the end of the forecast period, followed by LAMEA.
[REGIONGRAPH]
Leading wafer level packaging industry manufacturers such as Applied Materials Inc, Qualcomm Technologies Inc, Amkor Technology Inc, and Jiangsu Changjiang Electronics Technology Co Ltd are focused on their investments on technologically advanced, cost-effective, and more secure products & solutions for various applications. Also, In semiconductor advance packaging sector wlcsp package, wlcsp process flow, and wafer chip scale package are in the latest trends.
The prominent factors that impact the wafer level packaging market growth include rapid development in the semiconductor industry, high adoption of consumer electronics devices, and increase in demand for ultra-thin wafers. In addition,surge in Internet of Things (IoT) technologyfuels the market growth. However, high initial investment restricts the market growth. On the contrary, rise in investment in wafer fabrication equipment and materialsis expected to create lucrative opportunities for the market.
Competitive analysis and profiles of the major wafer level packaging market playerssuch asAmkor Technology Inc, Applied Materials Inc, ASML Holding N.V, Deca Technologies, Fujitsu, Jiangsu Changjiang Electronics Technology Co Ltd, Lam Research Corporation, Qualcomm Technologies Inc, Tokyo Electron Ltd, and Toshiba Corporation have been covered in the report.
This study comprises analytical depiction of the global wafer level packaging market size along with current trends and future estimations to depict imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
Porter’s five forces analysis illustrates the potency of the buyers and the wafer level packaging market share of key vendors.
Key Market Segments
Key Market Players