Press release
Quad Flat No-Leads Packaging Market Volume Forecast and Value Chain Analysis 2016-2026
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The QFN market is primarily driven by the high demand in printed circuit board and flexible printed circuit board. Availability of QFN with various sizes boosts the global QFN market. Besides, the trend of smaller circuit designs in the electronic industry, increase in smartphone production and other handheld devices fuel the global QFN market. Other factors which aid in driving the global QFN market are its greater surface mount area, lower cost, light in weight.
However, the specifications and guidelines for QFN manufacturing such as Japan Electronics and Information Technology Industries Association (JEITA), Joint Electron Device Engineering Council (JEDEC) and others are tight hence the global QFN market scenario limited with established players.
Geographically the global quad flat no-leads market is divided into five key regions including North America, Latin America, Europe, Asia-Pacific (APAC) and the Middle East & Africa (MEA).North America holds the major share in the quad flat no-leads market due to increasing in sales of flexible circuits. Followed by North America is Asia Pacific, especially China, holds a maximum share of Quad Flat No-leadsmarket. The quadflat no-leads marketin Europe, Latin America, and MEA are comparatively less robust than APAC market since the presence of the majority of electronic manufacturing sites in Asian countries.
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Quad Flat No-leads Packaging Market - Major Players:
The some of the key players identified in the global Quad Flat No-leads Packaging market are Amkor Technology, Lumileds Holding B.V., ASE Group, Henkel Corporation, Broadcom Limited, China Wafer Level CSP Co., Ltd, etc.
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