The global redistribution layer material market is estimated to rise to US$ 794.5 Mn by the year 2027 from US$ 105.4 Mn in the year 2018, growing at a CAGR of 25.7% during the forecast period 2019-2027.
Semiconductor fabrications are resulting in the rising levels of automation in the manufacturing sector worldwide. As a result, it is being said that the demand for billions of things to get connected over the internet will ripple through the entire value chain, from software and services until the semiconductor devices. With the ongoing pace of IoT emergence and deployments across the globe, semiconductor industry is expected to play a key role and thus benefit from innovations across the technology value chain. As the cloud economy becomes mainstream in the IoT era, semiconductor companies need to continuously innovate to drive connectivity across the IoT value chain. Additionally, IoT-connected products and applications would require chips with an ultra-small form factor, low power consumption and wireless connectivity options. With the increased adoption of IoT sensor products like smart watches and glasses, as well as smartphones and other wearable devices, the semiconductor industry drives Micro electro mechanical (MEMS) sensor platforms with the power advantages of lower technology nodes and increased functionality on a single small form-factor die.
Request Free Sample PDF @ https://www.theinsightpartners.com/sample/TIPRE00002904/
Manufacturing of consumer electronics, healthcare related products, automobiles, and defense industries are some of the prominent industry verticals that have been prolific in the automation integrations into the manufacturing assembly lines. Automation integration requires additional functionalities to be added on the chips for translating the manual operations to automated ones. Increasing the functionalities on chips while maintaining the size of the chip is made possible with the help of redistribution layer material and therefore, these manufacturing sectors are anticipated to drive the demands for redistribution layer material drastically during the forecast period.
The major players operating in the market for Redistribution Layer Material market include Advanced Semiconductor Engineering, Inc. (ASE group), Amkor Technology, Inc., Fujifilm Holdings Corporation, Hitachi Chemical DuPont MicroSystems L.L.C., Infineon Technologies AG, and Jiangsu Changjiang Electronics Technology Co., Ltd.(JCET). Also, NXP Semiconductors N.V., Samsung Electronics Co. Ltd, Shin-Etsu Chemical Co., Ltd., SK HYNIX INC., Sumitomo Bakelite Co., Ltd, The Dow Chemical Company, and Toray Industries, Inc. are some other prominent players operating in the redistribution layer material market.
Ask For Discount @ https://www.theinsightpartners.com/discount/TIPRE00002904/
The redistribution layer material market has been derived from market trends and revenue generation factors from four different regions across the globe namely; North America, Europe, Asia Pacific, Rest of the world. APAC is expected to be the fastest growing region in the usage of redistribution layer materials. The major reason for this is the presence of large semiconductor manufacturing hub in the region. Taiwan, China, South Korea, Vietnam are some of the important countries in Asia that comprise of large semiconductor manufacturing units. Also, inexpensive labor, skilled professionals, and lesser cost of raw materials in this region is another factor driving the growth of semiconductor industry in Asia and in turn favoring the growth of RDL materials market in the region. Geographically, Asia Pacific will have the largest share in the Redistribution Layer Material market by 2027, owing to rapid technological developments, numerous investments and supportive Government policies for the semiconductor industry in South East Asian countries.
Purchase this Report @ https://www.theinsightpartners.com/buy/TIPRE00002904/
Strategic Insights
The market players present in redistribution layer material market are mainly focusing towards product enhancements by implementing advance technologies. By signing partnership, contracts, joint ventures, funding, and inaugurating new offices across the world permit the company maintain its brand name globally. Most of the market initiative were observed in Asia Pacific, North America, Europe regions, which have high density of semiconductor manufacturing industries. Few of the recent developments are listed below:
2018: Sumitomo Bakelite Co., Ltd. and Sumitomo Dainippon Pharma Co., Ltd. together announced the establishment of a new joint company, SB Bioscience Co., Ltd. By combining the know-how of in-vitro diagnostics of DS Pharma Biomedical Co., Ltd. and the technologies of Sumitomo Bakelite Co., Ltd., both the companies focus to accelerate new diagnostics development and make a further contribution to the society.
2018: ASE Group unveiled its plan to build K25 Factory Building in Kaohsiung. The K25 building will be ASE’s state of the art facility with an intelligent manufacturing processes, high degree of automation, and smart logistics.
2018: Advanced Semiconductor Engineering, Inc. collaborated with Cadence Design Systems, Inc. to release a System-in-Package (SiP) EDA solution that addresses the challenges of designing and verifying Fan-Out Chip-on-Substrate (FOCoS) multi-die packages. This solution handles heterogeneous and homogeneous chip integration with high-density packaging to enhance the efficiency of chip and passive design optimization.
Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com