Global Flip Chip Market 2020-2024Technavio has been monitoring the global flip chip market and it is poised to grow by USD 9.1 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period. Our reports on global flip chip market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by high requirement from IoT. In addition, rise in demand for high functionality devices is anticipated to boost the growth of the global flip chip market as well.
Technavio's global flip chip market is segmented as below:
- Heavy Machinery and Equipment
- IT And Telecommunication
- North America
- South America
Key Trends for global flip chip market growth
This study identifies rise in demand for high functionality devices (d) as the prime reasons driving the global flip chip market growth during the next few years.
Prominent vendors in global flip chip market
We provide a detailed analysis of around 25 vendors operating in the global flip chip market 2020-2024, including some of the vendors such as ASE Technology Holding Co. Ltd., Amkor Technology Inc., Chipbond Technology Corp., ChipMOS TECHNOLOGIES Inc., Intel Corp., International Business Machines Corp., NXP Semiconductors NV, Samsung Electronics Co. Ltd., Siliconware Precision Industries Co. Ltd. and Taiwan Semiconductor Manufacturing Co. Ltd. .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.