As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The deployment of flip chip technology in electronic devices that aids in miniaturisation and boosts performance is robustly driving the industry growth. Due to the increasing demand for compact designs and the complex functioning of automotive vehicles, the flip chip industry is robustly rising. In addition, with the emergence of electronic vehicles, there has been a significant rise in high technology packaging, which is aiding the market growth. The market is thus, being driven by the application of packaging technology in a variety of products, including engines, infotainment components, and the body of the vehicle. Furthermore, with diminished uses of wire, the manufacturers are able to provide sleek designs and reduce the risks associated with working with wires, hence invigorating the market growth. Advanced technological packaging to enhance reliability and provide high electrical performance is also propelling industry growth of the flip chip technology.
The market is being aided by the ongoing technological advancements by the companies in the industry like 3M Company (NYSE: MMM) and Infineon. The latter company became the first firm to provide manufacturing set up for flip chip technology packages that are fully geared to the high-quality requirements of the automotive market in January 2020. Due to the reduction in space availability, especially in camera and radar systems, the demand for compact power supply solutions is increasing. The new linear voltage regulator that operates on flip chip packaging technology designed by Infineon is about 60% smaller than that of an established reference product and provides the same thermal resistance. This makes the device suitable for applications with space constraints. The new linear voltage regulator is highly efficient for automotive as it addresses the problem of space restrictions with the use of flip chip technology. Such innovations are augmenting the market growth of flip chip technology.
Market Analysis by Packaging Technology, Bumping Technology, Industry Vertical, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global flip chip market are 3M Company, Advanced Micro Devices, Inc., Amkor Technology, Inc., Apple Inc., and Intel Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.