System in Package (SiP) Technology Market Share & Industry Growth, 2022

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System-in-Package Technology MarketOpportunities andForecasts, 2014- 2022Pages: 226Published: 2016

SYSTEM IN PACKAGE TECHNOLOGY MARKETSystem in packaging (SiP) technology is a mixture of various integrated circuits in a compact size to enable reduction of power consumption. Moreover, they offer numerous benefits, such as high efficiency, low system complexity, and reduced system maintenance. 2.5-D IC Packaging represents almost 40% of the total SiP market, owing to its resilience and high efficiency. In addition, substantial demand for electronics applications and trend of customer shift towards advanced IC packaging to achieve better efficiency are expected to fuel its adoption in the consumer electronics, telecommunication, and other industry sectors.

Jeshin Jayamon

System in Package (SiP) Technology Marketreport, published by Allied Market Research, forecasts that the global market is expected to garner $30 billion by 2022, registering a CAGR of 9% during the period 2016 - 2022.

Asia-Pacific dominates the global market in terms of revenue, accounting for more than 50% share of the global market, followed by North America.

SiP Technology is widely used across the applications such as consumer electronics, telecommunication, and automotive.

Presently, rise in demand for portable electronic devices and adoption of SiP in graphic cards and processors are some factors that majorly drive the market.

Read more at : https://www.alliedmarketresearch.com/system-in-package-technology-market

SYSTEM IN PACKAGE TECHNOLOGY MARKET OVERVIEW

SYSTEM IN PACKAGE TECHNOLOGY MARKET KEY BENEFITSThe study provides an in-depth analysis of the global SiP technology market to elucidate the prominent investment pockets.

Current trends and future estimations are outlined to determine the overall attractiveness, and single out profitable trends to gain a stronger foothold in the market.

The report provides information regarding key drivers, restraints, and opportunities along with their impact analyses.

The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

Value chain analysis of the market enables better understanding of the roles of intermediaries in the production processes.

GLOBAL SIP MARKET: TOP IMPACTING FACTORS

In 2014, 2.5-D IC Packaging segment dominated the global SiP market in terms of revenue, and is projected to grow at a CAGR of 9.3% during the forecast period.

Flat Packages segment dominates the global SiP market, accounting for about 32% share in 2014.

Flip Chip segment is expected to exhibit the fastest growth during the forecast period, owing to increase in applications such as computers and smart phones.

China is the major shareholder in the Asia-Pacific SiP market, accounting for about 42% share.

SYSTEM IN PACKAGE TECHNOLOGY MARKET KEY FINDINGS

SYSTEM IN PACKAGE (SIP) TECHNOLOGY: APPLICATIONS

KEY PLAYERS IN INDUSTRYAmkor Technology Inc.Fujitsu Ltd.Toshiba CorporationQualcomm IncorporatedRenesas Electronics CorporationSamsung Electronics Co LtdJiangsu Changjiang Electronics Technology Co., Ltd.ChipMOS Technologies Inc.Powertech Technologies Inc.ASE Group

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GLOBAL SIP MARKET: SEGMENTATION

SYSTEM IN PACKAGE TECHNOLOGY MARKET BYGEOGRAPHY

North America, Europe, Asia-Pacific, LAMEA

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