Wafer Level Packaging Market 2022 | Trends, Size, Growth, Share and Forecast 2027

According to the latest report by IMARC Group, titled, “Wafer Level Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global wafer level packaging market reached a value of US$ 4.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.2 Billion by 2027, exhibiting a CAGR of 18.8% during 2022-2027.

Wafer level packaging (WLP) is a process of attaching packaging components to integrated circuits (ICs) before separating the wafer into individual circuits. It helps in reducing the cost and time of electrical testing as the connections are exposed on the wafer. It also aids in reducing chip size, facilitating traceability, and managing inventory. At present, it finds applications in the aerospace, defense, electronics, information technology (IT) and telecommunication, healthcare, and automotive industries across the globe.

Request Free Sample Report (Exclusive Offer on this report): https://www.imarcgroup.com/wafer-level-packaging-market/requestsample

Wafer Level Packaging Market Trends and Drivers:

The increasing adoption of high-speed and compact-sized electronic items is catalyzing the demand for circuit miniaturization. This currently represents one of the key factors positively influencing the market worldwide. In addition, the flourishing electronics industry and the growing use of semiconductors ICs in the internet of things (IoT) are bolstering the market growth. Besides this, rising environmental concerns and increasing adoption of electric vehicles (EVs) are offering lucrative growth opportunities to key market players for introducing automotive electronic components used in infotainment systems, powertrain control, communication, and driver assistance around the world. Furthermore, the growing investments in research and development (R&D) activities to incorporate WLP technology into 3D sensors and complementary metal oxide semiconductors (CMOS) pixel detectors are anticipated to drive the market.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

  • Amkor Technology Inc.
  • China Wafer Level CSP Co. Ltd.
  • Chipbond Technology Corporation
  • Deca Technologies Inc. (Infineon Technologies AG)
  • Fujitsu Limited
  • IQE PLC
  • JCET Group Co. Ltd.
  • Siliconware Precision Industries Co. Ltd. (Advanced Semiconductor Engineering Inc.)
  • Tokyo Electron Ltd.
  • Toshiba Corporation.

Wafer Level Packaging Market 2022-2027 Competitive Analysis and Segmentation:

The report has segmented the market based on packaging technology and end use industry.

Breakup by Packaging Technology:

  • 3D TSV WLP
  • 5D TSV WLP
  • WLCSP
  • Nano WLP
  • Others

Breakup by End Use Industry:

  • Aerospace and Defense
  • Consumer Electronics
  • IT & Telecommunication
  • Healthcare
  • Automotive
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/wafer-level-packaging-market

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Website: https://www.imarcgroup.com
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800

Leave a Comment