Semiconductor Lead Frame Market Size, Growth, In-depth Analysis, Research Report Forecast up to 2028: Precision Micro Ltd. and Amkor Technology are key players.

Semiconductor Lead Frame Market is expected to grow at a CAGR of 4.01% to reach a market size worth US$4.127 billion by 2028.

The prime factors propelling the growth of the semiconductor lead frame market are the rising usage of cutting-edge packaging technology and the increasing LED packaging in automobiles.

As per the report, the semiconductor lead frame market is expected to grow steadily.

Semiconductor lead frames are small, flat metal structures that support and connect integrated circuits, discrete devices, and other components in semiconductor devices. The lead frame provides a path for signals to travel between the IC and the surrounding environment. The growing demand for semiconductor lead frames is stimulated because they are often used in LED packaging due to their ability to accommodate the precise placement and separation of wires to ensure optimum electrical interconnection and performance, driven by automotive lighting and other displays. In September 2022, OSRAM Licht AG, a German lighting solutions company, launched its Oslo Black Flat S range of LED lighting components based on lead frames for automotive lighting. In addition, advanced packaging technologies such as wire bonding use semiconductor lead frames to improve the accuracy of wire bonding technology. Therefore, the rising demand for advanced packaging technologies boosts the demand for semiconductor lead frames. In 2022, Henniker Plasma Company announced a new treatment based on plasma to improve the efficiency of wire bonding technology. Such positive developments boost the demand for semiconductor lead frames.

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The semiconductor lead frame market has been segmented into basis of technology, application, and geography.

Based on the technology, the market has been segmented into chemical itching and stamping.

Based on the application, the market has been segmented into integrated circuits (IC), discrete devices, and others.

By region, Asia-Pacific is expected to retain a considerable market share due to the growth of the semiconductor industry across nations, which increases the usage of the semiconductor lead frame usage for various applications. According to the World Semiconductor Trade in 2022, the Taiwanese Semiconductor Industry in the 3rd quarter of 2022 had sales revenue amounting to TWD625.53 billion. According to the International Trade Administration, in 2021, Japan accounted for nearly 9% of the total world semiconductor production, and the Japanese semiconductor sector saw a growth of 19.8% between 2020 and 2021.

The COVID-19 pandemic led to disruptions in global supply chains, restrictions on movement and trade, and decreased consumer demand for various electronic devices. These factors combined to create a challenging environment for the semiconductor industry, including lead frame manufacturers. Many countries-imposed lockdown measures and travel restrictions, forcing manufacturing facilities to shut down or operate at reduced capacity. This led to a decline in production output, resulting in delayed deliveries and increased customer lead times.

The major players covered in the semiconductor lead frame market are Toppan Inc., Advanced Assembly Materials International Ltd., SDI Group, Inc., SHINKO ELECTRIC INDUSTRIES CO., LTD., Mitsui High-tec, Inc., Precision Micro Ltd., Amkor Technology, QPL Electronics Factory, Ningbo Kangqiang Electronics Co., LTD., and WUXI HUAJING LEADFRAME CO., LTD.

This semiconductor lead frame market has been analyzed into the following segments:

• By Technology

o Chemical etching
o Stamping

• By Application

o Integrated Circuit (IC)
o Discrete Devices
o Others

• By Geography

o North America

• United States
• Canada
• Mexico

o South America

• Brazil
• Argentina
• Others

o Europe

• United Kingdom
• Germany
• France
• Spain
• Others

o Middle East and Africa

• UAE
• Israel
• Saudi Arabia
• Others

o Asia Pacific

• Japan
• China
• India
• South Korea
• Thailand
• Taiwan
• Indonesia
• Others

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This release was published on openPR.