Advanced Semiconductor Packaging Market - Expected to Witness Strong Growth, Registering a CAGR of 10.9% During 2017-2026

The global advanced semiconductor packaging market is prognosticated to become the focus of attention as wafer-level packages increase their application in the chip industry. Advent of advanced packaging solutions is said to be helped with rising emphasis on the use of wafer-level packages.

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Wafer size is researched to be key for the development of advanced semiconductor packaging technology. Considering quick advancement in technology, 2.5D packaging could be replaced by fan-out wafer-level packaging (FO-WLP). In comparison with some conventional packaging technologies that could manage only a single die, FO-WLP holds the ability to handle multiple dies.

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Advanced semiconductor packaging types such as flip chip (FC) are predicted to gather more demand in the global market. Moreover, FC advanced semiconductor packaging is expected to collect a larger market share compared to other types because of the following factors.

High I/O density

Lower profile

Faster signal transfer

Small packages are observed to be used on a large scale due to high demand for thinner, smaller, and lighter consumer products. When it comes to application, central/graphical processing units are projected to secure a higher amount of share of the world advanced semiconductor packaging market.

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Advanced semiconductor packaging vendors are envisaged to find lucrative growth opportunities in a range of end-use industries. However, the consumer electronics industry could raise higher demand for advanced semiconductor packaging in the near future. This demand is foretold to gain strength with rise in purchase of connected consumer electronics such as wearable devices, smartphones, and tablets.

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