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Semiconductor Lead Frame Market Report, Size, Share, Growth, Trends, Industry Outlook to 2033
"Gain a competitive edge with up to 30% off in-depth market reports-uncover key trends, growth drivers, and forecasts today!The new report published by The Business Research Company, titled Semiconductor Lead Frame Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the semiconductor lead frame market size has grown strongly in recent years. It will grow from $3.32 billion in 2023 to $3.59 billion in 2024 at a compound annual growth rate (CAGR) of 8%. The semiconductor lead frame market size is expected to see strong growth in the next few years. It will grow to $4.9 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%.
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What Is Driving The Growth Of The Global Semiconductor Lead Frame Market?
Rising Popularity Of Electric Vehicles (EVs) Drives Semiconductor Lead Frame Market Growth
The rising popularity of EVs is expected to propel the growth of the semiconductor lead frame market going forward. Electric vehicles (EVs) are automobiles powered entirely or primarily by electric motors and batteries, rather than internal combustion engines using fossil fuels. Electric vehicles (EVs) are rising due to increasing environmental concerns, advancements in battery technology, and supportive government policies promoting cleaner transportation. Semiconductor lead frames are required for EVs because they provide critical electrical connections, mechanical support, and thermal management for the semiconductor components essential in EV power electronics and control systems. For instance, in March 2022, according to a report published by the US Department of Energy, a US-based agency that manages nuclear infrastructure and energy policies, electric vehicle (EV) sales surged by 85% in 2021. The sales of new light-duty plug-in electric vehicles, encompassing both EVs and plug-in hybrid electric vehicles (PHEVs), almost doubled from 308,000 in 2020 to 608,000 in 2021, with EVs accounting for 73% of all plug-in electric car sales that year. Therefore, the rising popularity of EVs is driving the growth of the semiconductor lead frame market.
What Is The Key Trend In The Global Semiconductor Lead Frame Market?
Technologically Advanced QFN Solutions Propel Growth In The Semiconductor Lead Frame Market
Major companies operating in the semiconductor lead frame market are developing technologically advanced solutions, such as reliable semiconductor package QFN, to better serve customers with advanced features. A reliable semiconductor package, QFN (Quad Flat No-Lead) is a surface-mount packaging technology known for its small footprint, excellent thermal and electrical performance, and robust mechanical stability, making it ideal for high-frequency and high-power applications. For instance, in October 2021, Dai Nippon Printing Co. Ltd., a Japan-based printing company, launched a highly reliable manufacturing technology. The unique feature of this technology lies in its configuration of a high-definition silver-plated area for lead frames, which securely fixes semiconductor chips and ensures reliable external connections. Additionally, it enhances adhesiveness with advanced surface roughening technology, setting the highest industry standards by sealing the copper surface to the mold compound. This innovation aims to expand the use of the highly reliable Quad Flat No-Lead (QFN) package in vehicles.
How Is The Global Semiconductor Lead Frame Market Segmented?
The semiconductor lead frame market covered in this report is segmented -
1) By Type: Stamping Process Lead Frame, Etching Process Lead Frame, Copper Lead Frames, Copper Alloy Lead Frames, Iron-Nickel Lead Frames, Other Types
2) By Packaging Type: Dual Inline Pin Package (DIP), Small Out-Line Package (SOP), Small Outline Transistor (SOT), Quad Flat Pack (QFP), Dual Flat No-Leads (DFN), Quad Flat No-Leads (QFN), Flip Chip (FCF), Other Packaging Types
3) By Applications: Integrated Circuits (IC), Discrete Device, Other Applications
4) By End Users: Consumer Electronics, Industrial And Commercial Electronics, Telecommunications, Automotive, Other End Users
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How Is The Competitive Landscape Of The Global Semiconductor Lead Frame Market?
Major companies operating in the semiconductor lead frame market are Samsung Electronics Co., Texas Instruments Incorporated, STMicroelectronics, Infineon Technologies AG, LG Innotek, Toppan Inc., Dai Nippon Printing Co. Ltd., Amkor Technology, POSSEHL, ASM Pacific Technology, Mitsui High-tec Inc., Shinko Electric Industries Co. Ltd., Fusheng Co. Ltd., Haesung DS Co. Ltd., Chang Wah Technology Co. Ltd., Ningbo Kangqiang Electronics Co. LTD., Enomoto Co. Ltd., Jih Lin Technology Co. Ltd., SDI Group Inc., Jentech, Yonghong Technology Co. Ltd., Precision Micro Ltd., Ningbo Hualong Electronics Co. Ltd., Dynacraft Industries Sdn Bhd, Advanced Assembly Materials International Ltd., Wuxi
Contents Of The Global Semiconductor Lead Frame Market
1. Executive Summary
2. Semiconductor Lead Frame Market Report Structure
3. Semiconductor Lead Frame Market Trends And Strategies
4. Semiconductor Lead Frame Market - Macro Economic Scenario
5. Semiconductor Lead Frame Market Size And Growth
…..
27. Semiconductor Lead Frame Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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