Global Semiconductor Interconnect Market 2018-2022
About Semiconductor Interconnect
Interconnects connect IC elements into a functioning whole. The metal layers or interconnect levels vary depending on the complexity of the device. They are interconnected by vias, also known as etching holes.
Technavio’s analysts forecast the Global Semiconductor Interconnect Market 2018-2022to grow at a CAGR of 11.44% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the semiconductor interconnect market. To calculate the market size, the report considers the high demand from end-users such as Foundries and IDM.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Semiconductor Interconnect Market 2018-2022
Technavio recognizes the following companies as the key players in the semiconductor interconnect market: Amkor Technologies, AT&S, and Powertech Technologies
Commenting on the report, an analyst from Technavio’s team said: “Intensive competition from Asian countries in semiconductor industry will be a key trend for the market growth. The semiconductor industry in the US is facing stiff competition from the Chinese semiconductor industry. China has the highest semiconductor consumption in the world. The contribution of Chinese companies has yet to grow substantially.”
According to the report, the sustainable growth in global semiconductor industry will be a major driver for market growth. The increase in sales of microelectronics and consumer electronic devices is supporting the growth of the market. With advances in the consumer electronics sector, such as the emergence of 3D and UHD TVs, and hybrid laptops, the demand for semiconductor ICs is expected to increase steadily.
Further, the report states that the slowdown in the sales of cellphones, desktops, and tablets has been a major challenge for the market. The declining sales of clients' products leads to a decline in the sales of semiconductor ICs. This slowdown compels semiconductor foundries to reduce their prices, which directly affects their revenues. A slowdown in sales can result in high IC inventory levels, which becomes a major challenge for foundries.