Global Semiconductor Packaging Materials Market to Near $30 Billion by 2027
May 23, 2023 | SEMIEstimated reading time: 1 minute
Powered by strong demand for new electronics innovations, the global semiconductor packaging materials market is expected to reach US$29.8 billion by 2027, a compound annual growth rate (CAGR) of 2.7% from the US$26.1 billion in revenue it logged in 2022, SEMI, TECHCET and TechSearch International announced in their new Global Semiconductor Packaging Materials Outlook report.
High-performance applications, 5G, artificial intelligence (AI) and the adoption of heterogeneous integration and system-in-package (SiP) technologies are increasing demand for advanced packaging solutions. The development of new materials and processes to enable chips with higher transistor density and greater reliability are also contributing to market growth.
“The semiconductor packaging materials industry is undergoing significant changes as new technologies and applications are driving demand for more advanced and diverse materials,” said Jan Vardaman, President and founder of TechSearch International. “Advances in dielectric materials and underfill are driving strong demand for fan-in and fan-out wafer level packaging (FOWLP), flip chip, and 2.5D/3D packaging. New substrate technologies such as silicon interposers and organic interposers using RDL (Re-Distribution Layer) are also key growth drivers of packaging solutions. At the same time, research on laminate substrates with finer features continues with the development of glass cores for build-up substrates.”
The Global Semiconductor Packaging Materials Outlook report provides a comprehensive analysis of the current and forecast market for semiconductor packaging materials, covering substrates, leadframes, bonding wires, encapsulation materials, underfill materials, die attach, wafer level package dielectrics, and wafer-level plating chemicals.
Features of the report include:
- Technology trends
- Regional market size
- Five-year market forecast to 2027
- Market size in revenue and units
- Excel workbook file summarizing market information
- Supplier market share
- Capacity and utilization trends
Suggested Items
Welcome to the Newest I-Connect007 Columnist Brittany Martin
01/14/2025 | I-Connect007 Editorial TeamIn today’s fast-paced world of electronics marketing, staying ahead of the curve requires creativity, strategy, and a deep understanding of evolving trends. Enter Brittany Martin, I-Connect007’s newest columnist and the voice behind "The Marketing Minute."
Global Automated Optical Inspection Systems Industry Revolutionize Electronics Manufacturing with Advanced Quality Control
01/13/2025 | Globe NewswireThe global automated optical inspection (AOI) system market is poised for substantial growth, with sales estimated at USD 849.5 million in 2024 and projected to reach USD 2,067.0 million by 2034.
It’s Only Common Sense It’s Not the Market’s Fault—Take Responsibility for Your Business
01/13/2025 | Dan Beaulieu -- Column: It's Only Common SenseI can’t tell you how many times I’ve heard “The market is bad right now,” or “We’d be doing better if the economy wasn’t so tough.” Stop blaming the market and start looking in the mirror. Success doesn’t happen by chance, and failure isn’t simply bad luck. It’s about owning your decisions, adapting to change, and focusing on what you can control. If you want to survive and thrive, it’s time to take responsibility for your business.
IMI Partners with a US-based Electric Mobility Manufacturer
01/10/2025 | IMIIntegrated Micro-Electronics, Inc. (IMI), a global multi-national electronics manufacturing company, proudly announced that it has entered into a strategic manufacturing partnership with LAND/LAND Energy, a Cleveland-based electric mobility manufacturer in the US. The collaboration will further accelerate new electric vehicle production globally.
Hexagon to Acquire Septentrio; Revolutionizing Positioning in Mission-critical Navigation and Autonomy Applications
01/09/2025 | HexagonHexagon announced an agreement to acquire Septentrio NV, a market leader and OEM provider of Global Navigation Satellite System (GNSS) technologies, to drive innovation and expand the market reach of Resilient Assured Positioning solutions.