“Global Interposer and Fan-out Wafer Level Packaging Market to reach a market value of USD 69.1 Billion by 2030 growing at a CAGR of 11.3%”
The Global Interposer and Fan-out Wafer Level Packaging Market size is expected to reach $69.1 billion by 2030, rising at a market growth of 11.3% CAGR during the forecast period.
Consumer electronics, including smartphones, wearables, and IoT devices, are becoming increasingly compact. Thus, the Consumer Electronics segment would acquire 50% revenue share in 2030. Interposer and fan-out WLP technologies enable the miniaturization of semiconductor components, allowing manufacturers to design smaller, more lightweight devices without compromising performance.
Heterogeneous integration allows the combining of various chips with different functionalities in a single package. Integrating diverse functionalities in a single package makes these technologies versatile and suitable for various applications. Hence, these aspects will assist in the expansion of the market.
Additionally, Interposer and FOWLP technologies allow for the efficient use of available space on semiconductor wafers, enabling the integration of multiple components in a reduced footprint. Thus, these factors will lead to increased growth in the market.
However, the materials used in interposers and fan-out WLPs, such as high-performance substrates and advanced dielectric materials, can be expensive. Innovations in cost-effective materials are crucial for reducing overall manufacturing costs. Thus, these aspects can hamper the growth of the market.
The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Acquisitions, and Partnerships & Collaborations.
Based on packaging component & design, the market is segmented into interposer and FOWLP. In 2022, the interposer segment garnered 67.2% revenue share in the market. Thus, the segment will expand rapidly in the upcoming years.
On the basis of packaging type, the market is divided into 2.5D and 3D. The 2.5D segment recorded a 63.3% revenue share in the market in 2022. The compact nature of 2.5D packaging contributes to improved power efficiency. Thus, these factors will boost the demand in the segment.
Based on device type, the market is divided into logic ICs, imaging & optoelectronics, LEDs, MEMS/sensors, memory devices, and others. The MEMS/sensors segment recorded a 14.4% revenue share in the market in 2022. Thus, there will be increased demand in the segment.
On the basis of Vertical, the market is divided into consumer electronics, communications, manufacturing, automotive, medical devices, and aerospace. The automotive segment recorded a promising growth rate in the market in 2022. Thus, these aspects will assist in the growth of the segment.
Free Valuable Insights: Global Interposer and Fan-out Wafer Level Packaging Market size to reach USD 69.1 Billion by 2030
By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific segment acquired 43% revenue share in the market. Hence, these factors will boost the demand in the segment.
Report Attribute | Details |
---|---|
Market size value in 2022 | USD 29.6 Billion |
Market size forecast in 2030 | USD 69.1 Billion |
Base Year | 2022 |
Historical Period | 2019 to 2021 |
Forecast Period | 2023 to 2030 |
Revenue Growth Rate | CAGR of 11.3% from 2023 to 2030 |
Number of Pages | 326 |
Number of Tables | 490 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
Segments covered | Packaging Component & Design, Packaging Type, Device Type, Vertical, Region |
Country scope |
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Companies Included | Taiwan Semiconductor Manufacturing Company Limited, Samsung Electronics Co., Ltd. (Samsung Group), ASE Group (ASE Technology Holding Co., Ltd.), Amkor Technology, Inc., JCET Group, Powertech Technology, Inc., Advanced Micro Devices, Inc., Samtec, SK hynix, Inc., Deca Technologies, Inc. (Infineon Technologies AG) |
By Packaging Component & Design
By Packaging Type
By Device Type
By Vertical
By Geography
This Market size is expected to reach $69.1 billion by 2030.
Increasing heterogeneous integration demand in various sectors are driving the Market in coming years, however, Cost factors associated with interposer and FOWLP technologies restraints the growth of the Market.
Taiwan Semiconductor Manufacturing Company Limited, Samsung Electronics Co., Ltd. (Samsung Group), ASE Group (ASE Technology Holding Co., Ltd.), Amkor Technology, Inc., JCET Group, Powertech Technology, Inc., Advanced Micro Devices, Inc., Samtec, SK hynix, Inc., Deca Technologies, Inc. (Infineon Technologies AG)
The expected CAGR of this Market is 11.3% from 2023 to 2030.
The Memory Devices segment is leading the Market by Device Type in 2022; there by, achieving a market value of $21.5 billion by 2030.
The Asia Pacific region dominated the Market by Region in 2022, and would continue to be a dominant market till 2030; there by, achieving a market value of $30.5 billion by 2030.
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