Bare Die Shipping and Handling, Processing and Storage Market Worth $1.42 Billion by 2025: Grand View Research, Inc.
SAN FRANCISCO, October 3, 2017 /PRNewswire/ --
The global bare die shipping and handling, processing and storage market [http://www.grandviewresearch.com/industry-analysis/bare-die-shipping-handling-processing-storage-market?utm_source=Referral&utm_medium=PressRelease&utm_campaign=Prnewswire_3Oct ] is expected to reach USD 1.42 billion by 2025, according to a new report by Grand View Research, Inc. High demand for bare die in application industries including computers and consumer electronics is expected to drive market growth.
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The increasing complexity of automotive electronics including GPS systems and sensors is expected to be a key aspect for integrated circuits (ICs) industry growth. Rising utilization of ICs across various end-use industries is expected to have a positive impact on the demand for bare dies, which in turn is used extensively for shipping & handling.
The use of shipping tubes, trays, and carrier tapes has increased significantly owing to the use of raw materials such as PTFE and HDPE by product manufacturers. These materials are highly resistant to chemicals, heat and moisture, which has led the bare die manufacturers to rely on the carrier products, resulting in market growth for shipping tubes, trays and carrier tapes.
The major players in the industry including Entegris and Micross invest in R&D projects to enhance the performance of the current products and develop new improved carrier products to gain a competitive edge over the other players in the industry. Small scale manufacturers cater to the local market and focus on customer retention to ensure constant demand.
Browse full research report with TOC on " Bare Die Shipping and Handling, Processing and Storage Market Analysis By Product (Shipping Tubes, Trays, Carrier Tapes), By End-Use (Communications, Computers, Consumer Electronics, Automotive, Industrial), And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/bare-die-shipping-handling-processing-s torage-market [http://www.grandviewresearch.com/industry-analysis/bare-die-shipping-handling-processing-storage-market?utm_source=Referral&utm_medium=PressRelease&utm_campaign=Prnewswire_3Oct ]
Further Key Findings From the Study Suggest:
- Trays accounted for 88.1% in 2016 of the overall revenue share on account of the
rising penetration of waffle packs and gel packs in shipping & handling and processing
& storage applications
- The demand for carrier tapes is expected to witness substantial growth over the
forecast period, growing at CAGR of 8.3% on account of the use of improved raw
materials to meet a variety of shipping & handling needs
- Trays in communications accounted for a significant share as bare die are highly
delicate and trays provide optimum safety and reduce the margin of breakage, the
demand for the product in communications is expected to witness substantial growth
- Taiwan accounted for 30.2% of the overall volume share in 2016 as it is the largest
consumer of the carrier products owing to the presence of large number of silicon
wafer fabricators catering to the global market
- North America accounted for the second largest revenue share in 2016 on account of the
presence of major bare die and IC manufacturers in the country coupled with increasing
exports of bare die to the international markets
- The increasing investments made by the government in manufacturing sector in the
emerging economies is expected to attract the major industry contributors such as
Entegris, Inc. and Micross
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Grand View Research has segmented the global bare die shipping and handling, processing and storage market on the basis of product, end-use by product and region:
- Product Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)
- Shipping Tubes
- Trays
- Waffle packs
- Metal trays
- Gel packs
- Carrier Tapes
- Others
- End-Use, by Product Outlook (Volume, Million Units; Revenue, USD Million, 2014 -
2025)
- Communications
- Shipping Tubes
- Trays
- Carrier Tapes
- Others
- Computers
- Shipping Tubes
- Trays
- Carrier Tapes
- Others
- Consumer Electronics
- Shipping Tubes
- Trays
- Carrier Tapes
- Others
- Automotive
- Shipping Tubes
- Trays
- Carrier Tapes
- Others
- Industrial & Medical
- Shipping Tubes
- Trays
- Carrier Tapes
- Others
- Defense
- Shipping Tubes
- Trays
- Carrier Tapes
- Others
- Regional Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Europe
- Germany
- France
- Asia Pacific
- China
- South Korea
- Japan
- Taiwan
- Central & South America
- Brazil
- Middle East & Africa
Read Our Blog By Grand View Research: http://www.grandviewresearch.com/blogs/semiconductors-and-electronics
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: http://www.grandviewresearch.com
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SOURCE Grand View Research, Inc.
