Global Flip Chip Technologies Market size is projected to be valued at $47.93 Billion by 2030; with a CAGR of 6.2% from 2021 to 2030.
A flip chip is a semiconductor interconnecting device widely used in various electronic products such as PCs, medical devices and smartphones among others. The use of flip chip interconnections offers numerous advantages over conventional wire bond, which includes superior thermal and electrical performance. Some of the major benefits of flip chips are reduced size & thickness, increased packaging density, lower cost, improved thermal capabilities, and improved reliability.
The global flip chip technologies market is primarily driven by factors such as the development of the internet of things, the superiority of flip chip technology over the traditional wire bond electrical connection, and growing demand for miniaturization &high-performing electronic devices. However, the high initial investment required for setting up a new manufacturing plant and the low availability of customization options may act as a major hindrance to the market growth. Further, the growing demand for sensors in many electronic devices such as personal computers, and smartphones are expected to open up new growth opportunities for the market in the given forecast timeframe.
The flip chip technologies market is segmented into bumping technology, packaging technology, packaging type, industry vertical, and geography. On the basis of bumping technology, the market is segmented into copper pillar, solder bumping gold bumping and other bumping technologies. On the basis of packaging technology, the flip chip technologies market is segmented into 3D IC, 2.5D IC and 2D IC. On the basis of packaging type, the market is segmented into flip chip SiP package, flip chip PGA package, flip chip BGA package, flip chip LGA package, and wafer level packaging–CSPnl. By industry vertical, the market is segmented into electronics, industrial, automotive & transport, healthcare, IT &telecommunication, aerospace and defence, and other industry verticals (renewable energy and media & entertainment).
Based on geography, the global flip chip technologies market is segmented into North America, Europe, Asia-Pacific and RoW. The U.S., Mexico and Canada are covered under North America wherein Europe covers Germany, France, Italy, and the Rest of Europe. Asia-Pacific covers China, Japan, South Korea, Taiwan, India, and the Rest of Asia Pacific. The rest of the World (RoW) covers South America, the Middle East and Africa.
Major players in flip chip technologies market are United Microelectronics Corporation, Intel Corporation, Amkor Technology, Inc., ASE group, Powertech Technology Inc., Samsung Electronics Co., TSMC, Jiangsu Changjiang Electronics Technology Co., Ltd., Texas Instruments, Inc., and Siliconware Precision Industries Co., Ltd., among others.
The report covers
Scope of the Global Flip Chip Technologies Market
Bumping Technology Segments
Packaging Technology Segments
Packaging Type Segments
Industry Vertical Segments