The Europe Chiplet Market would witness market growth of 74.8% CAGR during the forecast period (2023-2030).
Data centers have embraced chiplet technology to enhance performance and energy efficiency. Data centers can handle increasingly complex workloads by integrating specialized chiplets for data processing, encryption, and networking into server processors. In the world of HPC, where computational power is paramount, chiplets offer the flexibility to construct supercomputers with various specialized accelerators. These accelerators can be tailored for scientific simulations, weather forecasting, and artificial intelligence tasks. AI chiplets are specifically designed to accelerate machine learning and neural network processing. These chiplets are crucial in various AI applications, including autonomous vehicles, natural language processing, and computer vision.
Chiplets have found application in the 5G ecosystem, enabling the creation of more power-efficient and capable baseband processing units. These chiplets improve signal processing, enhance network capacity, and reduce latency in 5G networks. The automotive industry has seen chiplet technology applied to advanced driver-assistance systems (ADAS) and autonomous vehicles. Chiplets facilitate the integration of sensors, processors, and communication interfaces, enhancing vehicle safety and automation. The IoT industry benefits from chiplets by offering more energy-efficient and compact solutions for connected devices. These chiplets are instrumental in edge computing and sensor networks. The chiplet market's growth and diversification demonstrate its transformative potential across various industries. As technology matures, consumers can expect further innovations and applications that leverage the modularity, scalability, and efficiency that chiplets bring to semiconductor design and manufacturing.
According to the International Trade Administration, Germany has Europe's third-largest aerospace & defense sector, with 2020 revenues at USD 35.4 billion, following the UK at GBP 79 or USD 90.2 billion (including land defense systems) and France at EUR 50.9 billion or USD 58.1 billion. Some three-quarters or USD 26.2 billion of German production is exported. France received a fourth of these exports with USD 6.7 billion. Chiplet technology is increasingly integrated into aerospace & defense systems and equipment to enhance performance, safety, and efficiency.
According to the government of the UK, there will be approximately 600,000 medical devices available in the UK industry in 2021. The Medicines and Healthcare Products Regulatory Agency (MHRA) is responsible for assuring the quality and safety of medical devices by enforcing the relevant regulations. These advancements lead to improved diagnostics, better treatment options, and enhanced patient care, ultimately benefiting healthcare providers, patients, and the entire healthcare ecosystem. The abovementioned elements will boost market growth in this region.
The Germany market dominated the Europe Chiplet Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $17,802.2 million by 2030. The UK market is experiencing a CAGR of 73.2% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 76.1% during (2023 - 2030).
Based on Processor, the market is segmented into Central Processing Unit (CPU), Graphics Processing Unit (GPU), Field-Programmable Gate Array (FPGA), AI-ASIC Coprocessor, and Application Processing Unit (APU). Based on End-use, the market is segmented into Enterprise Electronics, Consumer Electronics, Industrial Automation, Automotive, Healthcare, Military & Aerospace, and Others. Based on Packaging Technology, the market is segmented into2.5D/3D, System-in-Package (SiP), Wafer-Level Chip Scale Package (WLCSP), Flip Chip Chip Scale Package (FCCSP), Flip Chip Ball Grid Array (FCBGA), and Fan-Out (FO). Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Chiplet Market will Hit $373.4 Billion by 2030, at a CAGR of 75.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, Advanced Micro Devices, Inc., Apple Inc., IBM Corporation, Marvell Technology Group Ltd., MediaTek, Inc., NVIDIA Corporation, Achronix Semiconductor Corporation, ASE Technology Holding Co., Ltd. (ASE Group), and NXP Semiconductors N.V.
By Processor
By End-use
By Packaging Technology
By Country
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