Press release
Memory Packaging Market 2021 Size, Status and Growth Outlook - Formosa Advanced Technologies Co. Ltd. (FATC), Advanced Semiconductor Engineering Inc. (ASE Inc.), Amkor Technology Inc
The Memory Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The Memory Packaging Market was valued at USD 23.61 billion in 2020 and is expected to reach a value of USD 32.43 billion by 2026, at a CAGR of 5.5%, over the forecast period (2021 - 2026).
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Top Leading Companies of Memory Packaging Market are Tianshui Huatian Technology Co Ltd., Hana Micron Inc., lingsen precision industries Ltd., Formosa Advanced Technologies Co. Ltd. (FATC), Advanced Semiconductor Engineering Inc. (ASE Inc.), Amkor Technology Inc., Jiangsu Changjiang Electronics Technology Co. Ltd., Powertech Technology, King Yuan Electronics Corp. Ltd., ChipMOS Technologies Inc., TongFu Microelectronics Co., Signetics Corporation and others.
Industry News and Updates
- November 2018 - ASM Pacific Technology Ltd announced that it signed Letters of Intent (LOI) worth over USD 130 million with two companies under the Tianshui Huatian Electronic Group Co Ltd, (TSHT) regarding the procurement of semiconductor packaging and manufacturing equipment, materials, and solutions over the next two years.
- September 2018 - Powertech Technology Inc. announced that, in the next five years, it is planning to invest TWD 50 billion to build an advanced fab for the next-generation packaging technology, catering to increasing demand for smaller and energy-saving chips for artificial intelligence, Internet of Things, and autonomous vehicle applications.
Key Market Trends
Asia-Pacific to Hold Major Share
- The memory packaging market in the Asia-Pacific region is predicted to witness a rapid growth over the forecast period. China stands as a largest Asia-Pacific memory packaging market, due to a wide range of applications of memory packaging in numerous consumer electronics, mainly tablets and smartphones.
- The high adoption rate of smartphones in many Asia-Pacific countries is due to the advanced features and sleek aesthetic looks of these smartphones. Memory packaging technologies offer effective space utilization to smartphones, which is a crucial factor leading to the growth of this market.
- Also, the existence of significant memory packaging vendors in the region, such as SK Hynix Inc., Samsung Electronics Co. Ltd, Intel Corporation, etc., is boosting the memory packaging market in the region.
Regional Outlook of Memory Packaging Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Memory Packaging Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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