Overview and Scope
Flip chips are also known as direct chip attach where interconnecting dies such as semiconductor devices, IC chips, integrated passive devices, and microelectromechanical systems (MEMS) are attached bond pad side down to a substrate or carrier. These have numerous benefits, such as lower cost, high packaging density, improved circuit reliability, and small dimensions. It is used in the flip-chip packaging process to link the chip and the substrate of a package carrier. Any surface of a flip chip can be interconnected, typically with copper, nickel, or soldered metal bumps. These bumps are installed on the die surface and aid in the electrical connection between the device and the box substrate.
Sizing and Forecast
The flip chip market size has grown rapidly in recent years. It will grow from $34.9 billion in 2023 to $38.88 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to miniaturization and size reduction, improved electrical performance, consumer electronics growth, improved heat dissipation, increased speed and data transmission.
The flip chip market size is expected to see rapid growth in the next few years. It will grow to $60.48 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to automotive electronics, high-density interconnects, heterogeneous integration, 3d ic integration, semiconductor material advancements. Major trends in the forecast period include 5g and high-performance computing, internet of things (iot) expansion, advanced packaging technologies, ai and machine learning acceleration, quantum computing.
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Segmentation & Regional Insights
The flip chip market covered in this report is segmented –
1) By Packaging Technology: 3D IC, 2.5D IC, 2D IC
2) By Bumping Technology: Copper Pillar, Solder Bumping, Tin-Lead Eutectic Solder, Lead-Free Solder
3) By Industry: Electronics, Heavy Machinery and Equipment, IT and Telecommunication, Automotive, Other Industries
Asia-Pacific was the largest region in the flip chip market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the flip chip market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increase in sales of electronic products will propel the growth of the flip chips market during the forecast period. Flip chips are used in electronic equipment as it improves the presentation of portable electrical devices that operate at higher frequencies, allowing for greater use in ultrasonic and microwave operations. The technology exhibits high overall system efficiency and low inductance while taking up less space. According to Gartner, a US-based consulting firm estimated that the installed base of devices worldwide is expected to reach 6.4 billion units in 2022, an increase of 3.2% from 2021. Therefore, the increase in sales of electronic products drives growth in the flip chips market.
Key Industry Players
Major companies operating in the flip chip market include 3M Company, Advanced Micro Devices Inc., Amkor Technology Inc., Apple Inc., Fujitsu Limited., Intel Corporation, International Business Machines Corporation, Samsung Electronics Co. Ltd., Texas Instruments Incorporated, ASE Technology Holding Co. Ltd., Chipbond Technology Corporation, Jiangsu Changjiang Electronics Technology Co. Ltd, Siliconware Precision Industries Co. Ltd., Unimicron Technology Corporation, Ibiden Co. Ltd., Nan Ya Printed Circuit Board Corporation, Shiko Electric Industries Co. Ltd., Austria Technologie & Systemtechnik AG, Kinsus Interconnect Technology Corporation, STATS ChipPAC Pte. Ltd., Powertech Technology Inc., UTAC Holdings Ltd, Taiwan Semiconductor Manufacturing Co., TF-AMD Microelectronics Sdn Bhd., Zhen Ding Technology Holding Ltd., Engent Inc., Masterwork Electronics, Advotech Company Inc., First Level Inc., Flipchip International LLC, Cormetech Inc., DCL International Inc.
The flip chip market report table of contents includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
……….
- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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