Wafer-level packaging (WLP) is the technique of packaging a combined circuit which is still part of the wafer, as compared to the more traditional method of slicing the wafer into separate circuits and then packing them. WLP is basically a chip-scale package (CSP) technique, as the resulting package is almost of the same dimensions as the die. It allows incorporation of packaging, wafer fab, burn-in at wafer level and test in order to modernize the manufacturing process experienced by equipment from silicon start to customer delivery.
The upsurge in demand for compact size and high-speed of electronic products has expanded the demand for the technique. Also, (IoT) has been gaining admiration, and is measured as the third wave of expertise. The growing popularity of portable electronics and IoT market is likely to substitute the high growth of the WLP industry. Moreover, the awaiting need of circuit miniaturization and the WLP’s technological advantage over conventional packaging techniques and the need for microelectronic devices are acting as drivers of the market development. Though, high initial investment functions as main restraints to the market. Rising demands of electronics market for lighter, smaller, faster, and less costly electronic packaging solutions with high performance are the major opportunity for WLP market.
The global wafer level packaging market has been segmented into type, application and geography. On the basis of type, global market has been divided into fan-in WLP, Fan-out WLP, flip chip, and others type. On the basis of application, the market has been segmented as IoT, automotive, mobile and wireless communication, consumer electronics, healthcare, aerospace and other application.
Based on geography, global wafer level packaging market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, Italy, and others. Asia-Pacific is segmented into India, China, Japan, South Korea, and others while RoW is bifurcated into South America, Middle East, and Africa.
The key players operating in the market are Jiangsu Changjiang Electronics Technology Co. Ltd., Amkor Technology Inc., Fujitsu Ltd., Toshiba Corp., Applied Materials Inc., Tokyo Electron Ltd., ASML Holding NV, Lam Research Corp, Deca Technologies, and Qualcomm Inc., among others.
The key takeaways from the report
- The report will provide detailed analysis of Wafer Level Packaging Market with respect to major segments such as type, application, and geography
- The report will include the qualitative and quantitative analysis with market estimation over 2015 - 2024 and compound annual growth rate (CAGR) between 2016 and 2024
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Wafer Level Packaging Market has been included in the report
- Profile of the key players in the Wafer Level Packaging Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Wafer Level Packaging Market
- Fan-In WLP
- Fan-Out WLP
- Flip Chip
- Other Types
- Mobile and Wireless Communication
- Consumer Electronics
- Other Application
- North America
- South Korea
- South America
- Middle East