According to a market report by Lucintel, the future of the global panel level packaging market looks promising with opportunities in the consumer electronic, IT & telecommunication, industrial, aerospace & defense, automotive, and healthcare markets. The global panel level packaging market is expected to reach an estimated $4.4 billion by 2030 from $1.1 billion in 2024,at a CAGR of 25.4% from 2024 to 2030. The major drivers for this market are rising need for reduced cost of packaging process, increasing demand for compact and high functionality electronic devices, and growing investment in research & development activities.A more than 150-page report to understand trends, opportunity and forecast in panel level packaging market to 2030 by component (software and services), deployment (public, private, and hybrid), enterprise size (small & medium enterprise, and large enterprise), end use (consumer electronics, IT & telecommunication, industrial, aerospace & defense, automotive, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the component category, service is expected to witness higher growth over the forecast period.
Within the end use category, consumer electronics will remain the largest segment due to rising adoption of smart devices and wearables and increasing inclination towards consumer IOT devices in applications like smart homes.
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In terms of regions, APAC will remain the largest region over the forecast period due to the presence of major semiconductor manufacturers, rising consumer electronics demand, and growing adoption of advanced technologies in the region.
Samsung Electronics, Intel Corporation, Nepes Corporation, ASE Group, Powertech Technology, Fraunhofer Institute for Reliability and Micro integration IZM, Unimicron Technology Corporation, DECA Technologies, JCET/ STATSChipPACare the major suppliers in the panel level packaging market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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