The Global Flip Chip Market size is expected to reach $36.7 billion by 2026, rising at a market growth of 8.2% CAGR during the forecast period. Flip chip is a manufacturing system that interconnects the device and substrate of a product carrier with a bounce. Such bumps are mounted on the die surface and help to create an electrical connection between the device and the box substrate. Any surface of a flip chip can be used for interconnecting, generally by means of copper, nickel or solder metal bumps. Technological dominance over wire bond connections, growing demand for high connectivity devices, retaining high package density and increasing circuit durability are some of the factors driving the flip-chip market.
Global Flip Chip Market Size
The demand for flip chip technology is currently undergoing a high growth owing to the advancement of copper pillar and micro bumping metallurgy and its extensive application of consumer electronics and mobile phones. Current bumping methods support the most advanced manufacturing techniques, such that the flip chip process can be modified to meet new challenges. Due to its increased performance capabilities, flip chip technology has become a commonly recognized medium-range and high-range technology. Increasing demand for mobile wireless, computer and consumer applications is pushing the market growth for flip-chip technology.
The rate of adoption of the flip chip is influenced by the cost of the bumping and assembly process. Key market players are focused on the introduction of efficient and advanced packaging solutions to sustain tough competition on the market. Flip chip finds its primary application in electronic packaging and electrical connections. The Copper Pillar Bump is a next-generation flip chip interconnect that provides advantages in design to meet current and future requirements for electronic devices. It is a remarkable interconnecting choice for applications such as transceivers, embedded processors and electrical processors.
Flip Chip Market Share
Global flip-chip market revenue has seen significant growth in recent years; however, the market is experiencing a sudden decline as the critical electronics manufacturing industries have been temporarily shut down, primarily to minimize the spread of COVID-19. In addition, this pandemic has had a major impact on the global supply chain, both by impacting suppliers through shortages of components, materials and finished goods and by reducing consumer spending in China on semiconductor-dependent products such as consumer electronics, automobiles and others. Therefore, the semiconductor industry is compelled to change the global supply chain model, which in effect would have a positive impact on the growth of the market in the near future.
Free Valuable Insights: Global Flip Chip Market to reach a market size of $36.7 billion by 2026
Based on Packaging Technology, the market is segmented into 2.5D IC, 3D IC and 2D IC. Based on Bumping Technology, the market is segmented into Copper Pillar, Gold Bumping, Solder Bumping and Others. Based on End User, the market is segmented into Electronics, Industrial, IT & Telecom, Automotive, Healthcare & Life Sciences, Aerospace & Defense and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Advanced Micro Devices, Inc., Amkor Technology, Inc., Apple, Inc., Fujitsu Limited, Intel Corporation, IBM Corporation, Samsung Electronics Co., Ltd., Texas Instruments, Inc., and Taiwan Semiconductor Manufacturing Company.
Market Segmentation:
By Packaging Technology
By Bumping Technology
By End-User
By Geography
Companies Profiled
The global flip chip market size is expected to reach $36.7 billion by 2026.
The major factors that are anticipated to drive the flip chip industry include rise in need for circuit miniaturization in microelectronic devices.
3M Company, Advanced Micro Devices, Inc., Amkor Technology, Inc., Apple, Inc., Fujitsu Limited, Intel Corporation, IBM Corporation, Samsung Electronics Co., Ltd., Texas Instruments, Inc., and Taiwan Semiconductor Manufacturing Company.
The 2.5D IC market dominated the global flip chip market by packaging technology 2019.
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