Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.65 Billion | USD 7.08 Billion | 6.84% | 2024 |
The global ball grid array (BGA) packaging market size was worth around USD 3.65 billion in 2024 and is predicted to grow to around USD 7.08 billion by 2034, with a compound annual growth rate (CAGR) of roughly 6.84% between 2025 and 2034.
Ball grid array (BGA) packaging is a novel and highly sophisticated method of packaging used in Surface Mount Technology (SMT) assembly. It is a widely anticipated and well-regarded advancement in the field of electronic engineering solutions focusing on advancements in the packaging sector. A ball grid array package consists of several spherical bumps on the surface of integrated circuits (ICs) such as memory chips and microprocessors.
The overall structure, thus, allows a vast number of interconnection points, allowing high-density packaging objectives to become a reality. BGA ICs consist of solder balls instead of leads that connect to the circuit board on application of heat, thus forming exceptionally strong electrical connections. Some of the key advantages of BGA packaging include higher performance, improved efficiency, and better heat dissipation.
During the forecast period, the demand for BGA packaging is expected to deliver exceptional results due to increasing applications of the technology in the consumer electronics sector. The ongoing advancements in the automotive industry are projected to create new expansion possibilities for the market players. One of the major drawbacks for the industry is the requirement of high initial capital investment, thus impacting the overall revenue in the market.
Increasing demand for compact and high-performance consumer electronics to drive market demand rate
The global grid array (BGA) packaging market is expected to grow due to the increasing demand for highly compact yet powerful consumer electronics. In the last few years, consumer preference for electronic items, especially smartphones, tablets, and laptops, has witnessed a shift toward compact variants that are easy to carry but also offer exceptional performance.
Since ball grid array packaging is widely used in the production of processors used in modern smart electronic items, industry players are likely to witness more demand for BGA packaging in the coming years.
Asian countries, especially China, are intensifying investments toward mass-scale production of cost-effective, high-performance, and compact consumer electronics to take the lead among global competition in the electronics market. The growth strategies adopted by the regional companies will be critical to the overall use of BGA packaging in the future.
Rising shift toward lead-free technologies to create higher industry growth momentum during the forecast period
According to market research, one of the key driving forces for ball grid array packaging in the semiconductor sector is the intensifying race toward lead-free technologies. Governments and environment regulatory bodies worldwide are enforcing stricter norms and regulations to curb the use of ecosystem-damaging materials, creating a growth scope for soldering solutions that are lead-free.
The solutions available in the global ball grid array (BGA) packaging market are considered compatible with lead-free materials, resulting in increasing adoption of the technology among end-users.
High initial capital investment to limit the industry’s final expansion rate
The global industry for ball grid array (BGA) packaging is projected to be limited by the high cost of initial investment associated with the technology and the supporting infrastructure.
Since BGA packaging is a highly advanced engineering solution and deals with a highly complex manufacturing process, market players are expected to invest heavily in key resources, including human resources with expertise in BGA packaging.
Growing incorporation in the automotive sector to generate more expansion possibilities for market players
The global ball grid array (BGA) packaging market is expected to create growth opportunities due to the rising adoption of technology in the field of automobiles. One of the key factors fueling the industry-based expansion is the growing demand for cutting-edge advanced driver-assistance systems (ADAS), which are critical safety tools in all modern vehicles.
As of July 2024, the European Union has passed a new regulation mandating the addition of ADAS in all new vehicles that will be sold within the region. The arrival of cost-efficient and superior electric vehicles in all forms, including two-wheelers and four-wheelers, has helped the industry for BGA packaging gain tremendous growth in recent times.
Surge in investments toward 5G infrastructure to create novel possibilities within the BGA packaging industry
5G networking infrastructure is on the rise worldwide. Equipment supporting the seamless deployment and application of 5G solutions requires the use of revolutionary integrated circuits with high performance. These attributes are facilitated using BGA packaging solutions. As the investments in 5G networks surges, ball grid array packaging technology will generate excellent revenue.
Technical difficulties associated with BGA packaging to challenge market expansion
The global ball grid (BGA) packaging market will come across several growth challenges due to the technical difficulties associated with the use of the system. BGA systems are difficult to inspect once the soldering process has been completed.
In addition to this, BGA packaging requires high storage maintenance along with electrostatic protection. The extreme sensitivity of BGA packaged components to the external environment can create more complexities during their application.
Report Attributes | Report Details |
---|---|
Report Name | Ball Grid Array (BGA) Packaging Market |
Market Size in 2024 | USD 3.65 Billion |
Market Forecast in 2034 | USD 7.08 Billion |
Growth Rate | CAGR of 6.84% |
Number of Pages | 228 |
Key Companies Covered | Powertech Technology Inc., ASE Technology Holding Co. Ltd., Samsung Electronics, ChipMOS Technologies Inc., Intel Corporation, Amkor Technology, Chipbond Technology Corporation, Jiangsu Changjiang Electronics Technology Co. Ltd. (JCET), King Yuan Electronics Co. Ltd. (KYEC), Siliconware Precision Industries Co. Ltd., Tianshui Huatian Technology Co. Ltd., STATS ChipPAC, STS Semiconductor, J-Devices, UTAC, and others. |
Segments Covered | By Material, By Die Town, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2019 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global ball grid array (BGA) packaging market is segmented based on material, die town, application, and region.
Based on the material, the global market segments are plastic BGA and ceramic BGA. In 2024, the highest growth was witnessed in the plastic BGA segment, which held dominance over 74% of the final segmental revenue. Plastic BGA offers several advantages, such as higher cost-efficiency and improved production value. Furthermore, plastic BGAs are often more performance-rich compared to ceramic BGAs, driving the segmental demand.
Based on die town, the global ball grid array packaging industry is divided into stacked, die down cross-section, and die up cross-section.
Based on the application, the global market segments are power amplifier packaging, RF device packaging, wafer scale packaging, laser diode packaging, power transistor packaging, and optoelectronics. In 2024, the highest demand was listed in the wafer-scale packaging section. The growing use of BGA packaging in the production of higher-grade Artificial Intelligence (AI) processors and the automotive industry is fueling the segmental expansion rate. During the forecast period, the global wafer-scale packaging industry is projected to generate a CAGR of more than 10%.
Asia-Pacific to continue leading the market during the forecast period
The global ball grid array (BGA) packaging market will be led by Asia-Pacific during the forecast period. Countries such as China, India, Taiwan, and South Korea will fuel regional market expansion rates.
According to market research, India will exhibit a CAGR of more than 4.901% during the projection period, while China is anticipated to deliver a CAGR of 4.45%. Asian countries continue to dominate the global landscape of advanced chip production, especially facilitated by the presence of a large-scale research and manufacturing environment.
Taiwan, for instance, is one of the world’s largest suppliers of the most advanced semiconductors. China, on the other hand, continues to lead the globe in terms of electric vehicle production.
While the Chinese automotive production rate in the domestic environment is currently at its peak, the regional companies are now expanding into international markets, creating excellent growth scope for BGA packaging solution providers.
Furthermore, increased investments in 5G infrastructure, along with the growing development of critical data centers across major Asian countries, will be critical to the final revenue generated by the industry in the coming years.
The global ball grid array (BGA) packaging market is led by players like:
The global ball grid array (BGA) packaging market is segmented as follows:
By Material
By Die Town
By Application
By Region
FrequentlyAsked Questions
Ball grid array (BGA) packaging is a novel and highly sophisticated method of packaging used in Surface Mount Technology (SMT) assembly.
The global grid array (BGA) packaging market is expected to grow due to the increasing demand for highly compact yet powerful consumer electronics.
According to study, the global ball grid array (BGA) packaging market size was worth around USD 3.65 billion in 2024 and is predicted to grow to around USD 7.08 billion by 2034.
The CAGR value of the ball grid array (BGA) packaging market is expected to be around 6.84% during 2025-2034.
The global ball grid array (BGA) packaging market will be led by Asia-Pacific during the forecast period.
The global ball grid array (BGA) packaging market is led by players like Powertech Technology Inc., ASE Technology Holding Co., Ltd., Samsung Electronics, ChipMOS Technologies Inc., Intel Corporation, Amkor Technology, Chipbond Technology Corporation, Jiangsu Changjiang Electronics Technology Co., Ltd. (JCET), King Yuan Electronics Co., Ltd. (KYEC), Siliconware Precision Industries Co., Ltd., Tianshui Huatian Technology Co., Ltd., STATS ChipPAC, STS Semiconductor, J-Devices and UTAC.
The report explores crucial aspects of the ball grid array (BGA) packaging market, including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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