The flip chip market has seen considerable growth due to a variety of factors.
• In the past few years, the size of the flip chip market has seen a rapid expansion. The market, which will be worth $38.25 billion in 2024, is projected to increase to $42.3 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.6%.
Factors such as miniaturization and size reduction, enhanced electrical performance, growth in consumer electronics, improved heat dissipation, and increased speed and data transmission are accountable for the growth observed in the historic period.
The flip chip market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for a substantial increase in the flip chip market size in the coming years. The anticipated growth is projected to reach $66.24 billion in 2029, expanding at a compound annual growth rate (CAGR) of 11.9%.
The predicted expansion over the forecast period is largely attributable to factors such as automotive electronics, high-density interconnects, heterogeneous integration, 3D ic integration, as well as advancements in semiconductor material. Further pushing this market growth are trends set to dominate the forecast period, including the acceleration of 5G and high-performance computing, the growth of the internet of things (iot), evolution in advanced packaging technologies, and the fast-paced developments in AI and machine learning as well as quantum computing.
The surge in electronic product sales is poised to stimulate the expansion of the flip chips market in the upcoming period. As an integral component in electronic apparatus, flip chips enhance the functionality of mobile electrical gadgets operating at higher frequencies, thereby facilitating their wider application in ultrasonic and microwave operations. This technology demonstrates superior system efficacy and decreased inductance while occupying fewer spaces. Gartner, an American consulting firm, projects that the global device installed base would touch 6.4 billion units in 2022, marking a 3.2% rise from 2021 numbers. Consequently, the boosted electronic product sales contribute to the surge in the flip chips market.
The flip chip market covered in this report is segmented –
1) By Packaging Technology: 3D IC, 2.5D IC, 2D IC
2) By Bumping Technology: Copper Pillar, Solder Bumping, Tin-Lead Eutectic Solder, Lead-Free Solder
3) By Industry: Electronics, Heavy Machinery and Equipment, IT and Telecommunication, Automotive, Other Industries
Subsegments:
1) By 3D IC: Through-Silicon Via (TSV), Stacked Die Packaging
2) By 2.5D IC: Interposer Technology, Silicon Interposer
3) By 2D IC: Wire Bonding, Flip Chip Direct Attach
The growing popularity of technological innovation is a prime trend currently impacting the flip chip market. Firms within the flip chip industry are honing their focus on the evolution of technology to fortify their market stronghold. As an illustration, Dahua, a Chinese firm renowned for its video surveillance solutions, in September 2023, unveiled their New Flip COB Chip LED Display, dubbed the CH II. This display harnesses the potential of Flip Chip on Board (COB) technology, upgrading visual quality with milder, without pixel illumination, providing a solution to diminishing digital visual fatigue.
Major companies operating in the flip chip market include:
• 3M Company
• Advanced Micro Devices Inc.
• Amkor Technology Inc.
• Apple Inc.
• Fujitsu Limited.
• Intel Corporation
• International Business Machines Corporation
• Samsung Electronics Co. Ltd.
• Texas Instruments Incorporated
• ASE Technology Holding Co. Ltd.
• Chipbond Technology Corporation
• Jiangsu Changjiang Electronics Technology Co. Ltd
• Siliconware Precision Industries Co. Ltd.
• Unimicron Technology Corporation
• Ibiden Co. Ltd.
• Nan Ya Printed Circuit Board Corporation
• Shiko Electric Industries Co. Ltd.
• Austria Technologie & Systemtechnik AG
• Kinsus Interconnect Technology Corporation
• STATS ChipPAC Pte. Ltd.
• Powertech Technology Inc.
• UTAC Holdings Ltd
• Taiwan Semiconductor Manufacturing Co.
• TF-AMD Microelectronics Sdn Bhd.
• Zhen Ding Technology Holding Ltd.
• Engent Inc.
• Masterwork Electronics
• Advotech Company Inc.
• First Level Inc.
• Flipchip International LLC
• Cormetech Inc.
Asia-Pacific was the largest region in the flip chip market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the flip chip market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.