Press release
System-in-Package Technology Market 2021 Industry Share, Trends, Growth and Forecast to 2027 - NXP, Amkor Technology, ASE
The “System-in-Package Technology” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.“The System-in-Package Technology Market is predicted to register a CAGR of 9.45% over the forecast period 2021 – 2027.”
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Market Overview
As system in package technology maximizes system performance due to higher integration and eliminates re-packaging with shorter development cycles at reduced costs has increased its adoption in most advanced consumer electronic devices. According to the 2020 Consumer Technology Association report, the United States consumer technology industry is expected to a record USD 422 billion in retail revenues in 2020 with nearly 4% growth over last year due to increased popularity of streaming services and wireless earbuds along with 5G connectivity and artificial intelligence (AI) enabled devices.
Increased utilization of drones, Unmanned Aerial Vehicles (UAVs) in military, commercial, scientific, and consumer markets due to reduction in manufacturing costs, and open source software frameworks for security purposes is thriving the market. As per Federal Aviation and Administration, there are total of 1,563,263 registered drones out of that 441,709 are commercial drones and 1,117,900 are recreational drones as of March 2020.
Key Competitors of the System-in-Package Technology market is: NXP, Amkor Technology, ASE, Jiangsu Changjiang Electronics Technology (JCET), Siliconware Precision Industries (SPIL), United Test and Assembly Center (UTAC), Hana Micron, Hella, IMEC, Inari Berhad, Infineon, ams, Apple, ARM, Fitbit, Fujitsu, GaN Systems, Huawei, Qualcomm, SONY, Texas Instruments, Access, Analog Devices
This report Provides intelligent marketing research for smarter decision-making and resource investment estimation. The report discusses these elements and describes the main players that are expected to extend the demand for the System-in-Package Technology market within the upcoming years.
System-in-Package Technology market report introduces some features and provides a basic view of the most players. In this report provides a comprehensive and in-depth review of the market. The players are likewise presenting newer product varieties within the market to reinforce the merchandise portfolio by embracing the new innovation and completing it in their business.
The System-in-Package Technology market is often split supported product types, major applications, and important countries as follows:
Major Types covered are:
2-D IC Packaging
2.5-D IC Packaging
3-D IC Packaging
Multifunctional Substrate Integrated Component Package
Major Applications covered are:
Consumer Electronics
Automobile
Telecommunications
Wireless Communication
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Key Market Trends
Automotive Industry Will Witness Significant Growth
The growing requirement of compact sensors with integrated packaging technologies such as image sensors, environment sensors and controllers are propelling the manufactures to develop various ICs with a high standard of safety, rapid time-to-market, and cost-effectiveness for various functions that smart automotive requires.
For instance, in 2019 ON Semiconductor has developed a portfolio of sensors for automotive including the next-generation RGB-IR image sensor solution for in-cabin applications and the Hayabusa family of CMOS image sensors for advanced driver-assistance systems (ADAS) and viewing automotive camera systems.
Regional market System-in-Package Technology (regional production, demand and forecast by country):
North America is Expected to Witness Significant Growth
North America is expected to grow the demand for systems in package technology due to increase implementation of connected devices, rapid investment for expansion of 5G, and adoption of robots across all the sectors to automate the various workflow for better efficiency.
Rapid demand of microelectromechanical systems (MEMS) in medical systems such as blood pressure sensor, muscle stimulators and drug delivery systems, implanted pressure sensors, miniature analytical instruments and pacemakers is growing the market in United States due to increase in various chronic diseases.
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.
The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situation, most important trade models, and consequently the possibly headways in services with the aid of using crucial gamers inside the upcoming years.
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Competitive Landscape
April 2020 - Fujitsu has received a supercomputer order from Japan Aerospace Exploration Agency. Its new computing system will consist of Fujitsu Supercomputer PRIMEHPC FX1000 with 19.4 petaflops (approximately 5.5 times the theoretical computing performance of the current computing system), in addition to 465 nodes of x86 servers Fujitsu Server PRIMERGY series for general-purpose systems handling diverse computing needs. The new system will be used for conventional numerical simulations, AI computational processing platform for joint research/shared use, and a large-scale data analysis platform to aggregate/analyze satellite observation data.
Report Features:
To project the worth and sales volume of the System-in-Package Technology market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global System-in-Package Technology market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the System-in-Package Technology market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).
Report Customization:
The Global System-in-Package Technology Market report may be modified to meet your specific business needs. Because we understand what our clients want, we offer 25% customization for any of our MarketIntelligenceData reports at no additional cost to all or any of our clients.
Contact Us:
Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
About Us:
Market intelligence data could also be a worldwide front-runner within the research industry, offering contextual and data-driven research services to customers. Customers are supported in developing commercial enterprise plans and reaching long-time period achievement of their respective marketplaces through the organization. The enterprise offers consulting services, Market Intelligence Data studies, and customized studies reports.
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