Embedded Die Packaging Technology Market to Witness Robust Expansion Throughout the Forecast Period 2022 – 2031
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://www.alliedmarketresearch.com/request-sample/2267
Embedded die packaging technology is a native 3D-compatible packaging solution, offering nearly 70% size reduction in a system-in-package (SiP) solution. The advantages of this technology include miniaturization, improved electrical & thermal performance, heterogeneous integration, prospect for cost reduction, and efficient logistics for OEM. In addition, it offers flexible system integration, fast turnaround for custom design, high robustness, and enhanced reliability of the package.
The growth of global embedded die packaging technology is majorly driven by the surge in demand for smart and power-efficient electronic devices coupled with a rise in disposable income in developing economies. Moreover, integration with advanced technologies is expected to drive market growth. However, the high initial cost of design & development and maintenance acts as a prime restraint of the global market. On the contrary, the rise in demand for compact and scalable ICs in the global electronic industry is anticipated to provide lucrative opportunities for the embedded die packaging technology industry during the forecast period. Internet of Things (IoT) is one of the embedded die packaging technology market trends.
According to the embedded die packaging technology market analysis, the embedded die in IC package substrate segment was the highest contributor to the market in 2021. The consumer electronics and IT & telecommunication segments collectively accounted for around 68.4% of the embedded die packaging technology market share in 2021. The surge in prime players’ initiatives to develop and deploy next-generation portable device solutions globally has led to the growth of the consumer electronics and IT & telecommunication segment; thereby, enhancing the embedded die packaging technology market growth.
The landscape of the semiconductor industry underwent a significant transformation due to the outbreak of COVID-19. The disruption in supply chains and manufacturing processes resulted in a notable downturn in the growth of semiconductor device production. One segment particularly impacted was the embedded die packaging technology solutions, which experienced a decline in demand as manufacturing solutions faced challenges during the pandemic. Government-imposed lockdowns, both partial and complete, aimed at curbing the virus’s spread, had far-reaching consequences. One of the major setbacks was the hindrance in accessing a skilled workforce, further impeding the progress of the embedded die packaging technology market.
𝐆𝐞𝐭 𝐚 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/request-for-customization/2267
Despite these setbacks, the surge in the need for portable electronic devices and the expansion of Internet of Things (IoT) applications have acted as catalysts. This surge not only bolstered the demand for semiconductor devices but also rekindled interest in embedded technology solutions. Consequently, experts anticipate that the post-pandemic era will witness a revitalized growth trajectory for the embedded die packaging technology market. In essence, while the COVID-19 pandemic initially hindered the growth of embedded die packaging technology due to manufacturing limitations and workforce disruptions, the subsequent rise in demand for interconnected devices is expected to drive the resurgence of this technology sector shortly.
Region-wise, Asia-Pacific holds a significant share in the global embedded die packaging technology market, owing to the presence of prime players in this region. Further, China holds a dominating position in the Asia-Pacific embedded die packaging technology market owing to a rise in investment by prime players and government agencies to develop next-generation embedded die packaging technology-based semiconductor solutions to improve electrical thermal performance and reliability & mechanical stability, which is expected to lead to the growth of the embedded die packaging technology in this region.
The key players profiled in the report include Amkor Technology, Taiwan Semiconductor Manufacturing Company, ASE Group, AT & S, General Electric, Infineon, Fujikura, Microsemi, TDK-Epcos, and Schweizer. Market players have adopted various strategies such as product launch, collaboration, partnership, joint venture, and acquisition to expand their foothold in the embedded die packaging technology market.
𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐭𝐮𝐝𝐲
• In 2021, the embedded die in the IC package substrate segment accounted for the maximum revenue in the embedded die packaging technology market size, while the embedded die in the flexible board segment is projected to grow at a notable CAGR during the forecast period.
• In 2021, the consumer electronics segment dominated the embedded die packaging technology market, while the others segment is estimated to expand at a faster rate during the forecast period.
• In 2021, Asia-Pacific contributed to the major share of the embedded die packaging technology market, and it is also expected to be the fastest expanding region during the forecast period.
𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/2267
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