Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 58.29 Billion | USD 458.43 Billion | 22.9% | 2023 |
According to the report published by Zion Market Research, the global Embedded Die Packaging market was valued at USD 58.29 Billion in 2023 and is predicted to reach USD 458.43 Billion by the end of 2032. The market is expected to grow with a CAGR of 22.9% during the forecast period. The report analyzes the global Embedded Die Packaging Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Embedded Die Packaging market.
Embedded die technology embeds the die directly into a printed circuit board that laminates substrate. The technology is adopted in the manufacturing process and it facilitates numerous benefits like power-saving, size reduction, and enhancement of overall system efficiency with a wide scope. However, it also improves thermal and electrical performance, heterogeneous integration, cost reduction, miniaturization, and efficient logistics for OEM. It facilitates a flexible integration system coupled with high robustness, better reliability, and fast turnaround of the package.
One of the major factors driving the global embedded die packaging market is the outbreak of COVID-19. The pandemic has boosted the work from home and data center policies, which in turn have fueled the demand for large storage capacities in smart devices and laptops. This boost in the semiconductor sector has propelled the growth of the global embedded die packaging market. The surging demand from the aerospace and defense sectors for the utilization of embedded die packaging in military communication applications has significantly propelled the growth of the global embedded die packaging market.
Moreover, the rising disposable income of people across the globe has created a huge demand for consumer electronic products like refrigerators, computers, speakers, displays, monitors, televisions, tablets, smartphones, and several other electrical products that need semiconductor assembly. Moreover, the advancements and developments in technology, along with growing competition in the sector, are likely to create a positive trajectory for the global embedded die packaging market during the forecast period. The increasing adoption of IoT across the globe is creating lucrative opportunities in the global embedded die packaging market.
The growing advancements in the healthcare sector, coupled with the surging adoption of electronic devices, have significantly fueled the demand for embedded die packaging. The growing demand for high-performance computing is also bolstering the growth of the global embedded die packaging market. Increasing demand for portable devices like headphones also fuels the growth of the market.
The global embedded die packaging market can be segmented into application, platform, industry verticals, and region.
By application, the market can be segmented into security technologies, industrial sensing, medical implants & wearable devices, fitness & sports devices, and others.
By platform, the market can be segmented into embedded die on flexible board, embedded die on rigid board, and IC package substrates.
The embedded die in the IC package substrate segment holds hegemony over others due to the increasing adoption of DC-DC converters along with the camera modules utilized in smartphones.
By industry vertical, the market can be segmented into healthcare, automotive, IT & telecommunication, consumer electronics, and others.
The consumer electronics segment accounts for the largest share in the global embedded die packaging market owing to the surging demand for miniaturization coupled with the high adoption of such packaging technology for numerous smartphone devices.
Report Attributes | Report Details |
---|---|
Report Name | Embedded Die Packaging Market |
Market Size in 2023 | USD 58.29 Billion |
Market Forecast in 2032 | USD 458.43 Billion |
Growth Rate | CAGR of 22.9% |
Number of Pages | 193 |
Key Companies Covered | Schweizer, TDK-Epcos, Microsemi, Fujikura, Infineon Technologies AG, General Electric, ASE Group, Taiwan Semiconductor Manufacturing Company, Amkor Technology, SHINKO ELECTRIC INDUSTRIES CO., LTD., Advanced Semiconductor Engineering, Inc., Austria Technologies & Systemtechnik Aktiengesellschaft, Toshiba Corporation, Texas Instruments Incorporation, and Microsemi Corporation |
Segments Covered | By application, By platform, By industry verticals and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America accounts for the largest share of the global embedded die packaging market due to its highly developed telecommunication sector. Moreover, the growing adoption of IoT, along with rapidly proliferating automobile sectors, is contributing vigorously to the growth of the regional market.
Asia Pacific is anticipated to grow significantly during the forecast period due to the surging adoption of consumer electronics owing to the increasing disposable income of the people in the region. Moreover, the presence of prominent market players in the region also boosts the growth of the regional market.
Some of the prominent companies in the global embedded die packaging market are
By application
By Platform
By Industry Vertical
FrequentlyAsked Questions
One of the major factors driving the global embedded die packaging market is the outbreak of COVID-19. The pandemic has boosted the work from home and data centers policies which in turn have fueled the demand for large storage capacities in smart devices and laptops. This boost in the semiconductor sector has propelled the growth of the global embedded die packaging market.
Some of the prominent market players in the global embedded die packaging market are Schweizer, TDK-Epcos, Microsemi, Fujikura, Infineon Technologies AG, General Electric, AT & S, ASE Group, Taiwan Semiconductor Manufacturing Company, Amkor Technology, and SHINKO ELECTRIC INDUSTRIES CO.
North America accounts for the largest share in the global embedded die packaging market due to the highly developed telecommunication sector. Moreover, the growing adoption of IoT along with rapidly proliferating automobile sectors is contributing vigorously to the growth of the regional market.
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