The World Market for Flip Chip Technology (2019-2024): $33.91 Billion-Projected Market Opportunity Analysis & Insights Report

DUBLIN, July 24, 2019 /PRNewswire/ -- The "Flip Chip Technology Market - Growth, Trends, and Forecast (2019 - 2024)" report has been added to's offering.

The flip chip technology market was valued at USD 24.45 billion in 2018, and is expected to reach a value of USD 33.91 billion by 2024 at a CAGR of 5.75%, over the forecast period (2019-2024).

Key Highlights

    --  Packaging has become a key determinant for using or abandoning a device
        in a new design. Miniaturization plays an important role in product
        design. A small form factor in terms of size and weight, yet an increase
        in computing power helps to achieve the optimum design which is required
        by most of the consumer electronics. This is driving the flip chip
        market to grow in various segments especially electronics.
    --  For modern IC designs, the increasing design complexity and decreasing
        feature size makes I/O connection a critical problem. High integration
        density, larger I/O counts, faster speed and better signal intensity
        provided by flip chip packages, is contributing to the market growth.
    --  One of the factors hindering the growth of the market is packaging cost,
        which is more than wire bonding. The increase in cost is due to
        substrate and wafer bumping. These two cost drivers are related to the
        act of bringing I/Os out under the die.

Major Market Trends

Consumer Electronics to Dominate the Market

    --  The demand for flip chips is expected to rise in mobile & wireless,
        consumer applications, and other high-performance applications such as
        networks, servers and data centers.
    --  The flip chip technology is revolutionizing the market, where the
        expansion of the Internet, digital camcorders, PDAs, desktop computers
        and laptops, digital cameras, mobile phones, and other electronic-based
        consumer products is seen.
    --  Consumer electronics are becoming smaller, thinner and lighter, by
        utilizing advanced electronic packaging.
    --  With rising internet penetration and various government initiatives,
        such as smart cities, smart grids and smart transportation, the IOT
        market is set to explode over the next decade. This will create
        sufficient demand for the flip chip market.

Asia-Pacific to Witness the Fastest Growth

    --  Growing economies in the Asia-Pacific region, such as India and China,
        impact every industry, including semiconductors. The Asia-Pacific flip
        chip market is expected to grow at a rapid pace, due to the rising
        proliferation of consumer electronics in this region.
    --  With the improving economic conditions, increasing disposable income,
        growing number of the youth population, and rising employment rate, the
        consumer electronics market is flourishing in this region.
    --  China's plans to focus on the semiconductor sector as a part of 12th
        five-year plan and strong growth of Taiwan's semiconductor and
        electronics industry will augment the market for Flip chip in this
    --  With rising internet penetration and various government initiatives,
        such as smart cities, smart grids and smart transportation, the IOT
        market is set to explode in this region over the next decade. This will
        create sufficient demand for the flip chip market.

Competitive Landscape

Flip chip market is slowing fragmenting due to growing number of end-users like automotive, industrial and consumer electronics. Acquisitions also play an important role in upgrading the skills and manpower of the parent company.

Noteworthy Developments

    --  February 2019 - Intel Corporation acqui-hired Ineda Systems, a
        Hyderabad-based startup which manufactures microchips.
    --  December 2018 - IBM announced an agreement with Samsung to manufacture
        7-nanometer (nm) microprocessors for IBM Power Systems, IBM Z and
        LinuxONE, high-performance computing (HPC) systems, and cloud offerings.
    --  July 2018 - Amkor partnered with Mentor to release Amkor's SmartPackage
        Package Assembly Design Kit (PADK), the first in the industry to support
        Mentor's High-Density Advanced Packaging (HDAP) design process and

Key Topics Covered

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study



4.1 Market Overview
4.2 Introduction to Market Drivers & Restraints
4.3 Market Drivers
4.3.1 High Packaging Density Leading to Miniaturization
4.3.2 Advancements in Electronics Packaging is Causing the Market to Expand
4.4 Market Restraints
4.4.1 High Cost Associated With Flip Chip Technology
4.5 Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry

5.1 By Product
5.1.1 Memory
5.1.2 Light-Emitting Diode
5.1.3 CMOS Image Sensor
5.1.4 SoC
5.1.5 GPU
5.1.6 CPU
5.2 By Wafer Bumping Process
5.2.1 Copper Pillar
5.2.2 Tin-Lead Eutectic Solder
5.2.3 Lead Free Solder
5.2.4 Gold Stud Bumping
5.3 By Packaging Technology
5.3.1 2D IC
5.3.2 2.5D IC
5.3.3 3D IC
5.4 By Application
5.4.1 Military & Defense
5.4.2 Medical & Healthcare
5.4.3 Industrial Sector
5.4.4 Automotive
5.4.5 Consumer Electronics
5.4.6 Telecommunication
5.4.7 Other Applications
5.5 Geography
5.5.1 North America
5.5.2 Europe
5.5.3 Asia-Pacific
5.5.4 Latin America
5.5.5 Middle East & Africa

6.1 Company Profiles
6.1.1 Amkor Technology Inc.
6.1.2 IBM Corporation
6.1.3 Intel Corporation
6.1.4 Taiwan Semiconductor Manufacturing Company Limited
6.1.5 Samsung Electronics Co. Ltd.
6.1.6 Texas Instruments Inc.
6.1.7 GlobalFoundries U.S. Inc.
6.1.8 STATS ChipPAC Ltd.
6.1.9 Powertech Technology (Singapore) Pte. Ltd.



For more information about this report visit

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:

SOURCE Research and Markets