Research Nester’s recent market research analysis on “Flip Chip Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global flip chip market in terms of market segmentation by wafer bumping process, packaging technology, product, packaging type and by region.
On The Back of Strong Growth in Monolithic Microwave IC to Promote Global Market Share of the Flip Chip Market
The global flip chip market is estimated to grow majorly on account of the rising demand in modern military & defense environments. Nowadays, military & defense environments require reliable, proven, and scalable technologies. The sensor content of military systems is progressively growing and simultaneously boosting the flip chip market growth in the forecasted period. Other than this, technological advancements such as the inclusion of connected devices with the IoT which is internet of things, and the utilization of flip chip technology for improved ultrasonic and microwave operations are favoring the growth of the flip chip market during the forecasted period. In the year 2023, there were almost 15 billion connected IoT devices globally, which is fueling the flip chip market growth during the forecasted period. Other than this, factors such as enhanced performance of the automotive MCUs, smartphones, and the development of the electric vehicle industry are acting as catalysts in the growth of the flip chip market during the forecast period. In the year 2023, there were almost 6.9 billion smartphones users, which is bolstering the growth of the flip chip market during the forecast period. Moreover, there is also an increased demand for compact size and high speed electronic products, that has also boosted the growth of the market.
Some of the major growth factors and challenges that are associated with the growth of the global flip chip market are:
Growth Drivers:
- Rising Usage of Smartphones Globally
- Increasing Technological Advancement in Wire Bounding
Challenges:
Lack of efficient mechanical strength, high price of flip chip, and lack of ample of customization options are some of the major factors anticipated to hamper the market size of global flip chip market.
By wafer bumping process, the global flip chip market can be segmented as a copper pillar, tin-lead eutectic solder, lead-free solder, and gold stud bumping. Out of these, the copper pillar segment is projected to gather the maximum market share of almost 40% over the coming years. The Cu pillar is an excellent option for interconnecting devices including transceivers, baseband, embedded CPUs, and SOCs, owing to their advancements in technology.
By region, the Europe is to generate the highest revenue by the end of 2036. The market in the region is flourishing on the back of the presence of state-of-the-art infrastructure.
This report also provides the existing competitive scenario of some of the key players of the global flip chip market which includes company profiling:
- Amkor Technology
- Phison Electronics
- IBM Corporation
- 3M
- ASE Technology Holding Co., Ltd.
- Advanced Micro Devices Inc.
- APPLE INC.
- Powertech Technology Inc.
- Stats ChipPAC Ltd
- NepesPte Ltd
- TOPPAN Inc.
- Dai Nippon Printing Co., Ltd.
- Taiwan Semiconductor Manufacturing Company Limited,
- Kyocera Corporation
