Global Three Dimensional (3D) Integrated Circuits (IC) Market Size Forecast 2024 - 2033
12 Dec, 2024
How Is The Global Three Dimensional (3D) Integrated Circuits (IC) Market Defined?
Three-dimensional (3D) integrated circuits (ICs) refer to semiconductor devices where multiple layers of integrated circuits are stacked vertically to form a single, compact package. This stacking of layers allows for higher integration density, improved performance, and reduced footprint compared to traditional two-dimensional (2D) ICs.
Three Dimensional (3D) Integrated Circuits (IC) Global Market Report 2024 provides data on the global three dimensional (3d) integrated circuits (ic) market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The three dimensional (3d) integrated circuits (ic) market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
What Are The Projections Exist For The Global Three Dimensional (3D) Integrated Circuits (IC) Market Size And Annual Growth Rates?
The three-dimensional (3D) integrated circuit (IC) market has grown rapidly in recent years. It is expected to increase from $10.73 billion in 2023 to $12.41 billion in 2024, at a compound annual growth rate (CAGR) of 15.7%. This growth has been driven by higher demand for advanced electronic products, a need for better energy efficiency, and growing demand for high-performance electronics. The market is forecasted to continue its rapid expansion, reaching $22.33 billion by 2028, at a CAGR of 15.8%. The growth in the forecast period is fueled by rising demand for smart devices, investments in research and development, and the increasing need for 3D ICs in sectors like servers, data hubs, military, aerospace, and semiconductor industries. Other contributing factors include the growth of IoT and AI technologies. Trends in the forecast period include miniaturization of devices, advanced packaging technologies, heterogeneous integration of devices, a focus on sustainability and energy efficiency, and the development of new materials for improved performance and efficiency."
Which Key Drivers Are Propelling The Three Dimensional (3D) Integrated Circuits (IC) Market's Growth?
The semiconductor industry's expansion is predicted to stimulate the growth of the three-dimensional (3D) integrated circuit (IC) market. The semiconductor sector includes companies involved in designing, manufacturing, and distributing semiconductor devices, which are vital for numerous electronic products such as computers, smartphones, and industrial machinery. The industry's growth is being driven by the rising adoption of consumer electronics like smartphones, tablets, and wearable devices, as well as the rollout of 5G networks that require advanced semiconductor technologies for improved communication, faster data transfer, and enhanced connectivity. 3D ICs provide numerous benefits, such as improved performance, energy efficiency, space-saving designs, and better thermal management. For instance, in July 2024, the Semiconductor Industry Association reported that global semiconductor sales reached $49.1 billion in May 2024, a 19.3% increase compared to May 2023 and a 4.1% rise from April 2024. Consequently, the growing semiconductor industry is boosting the 3D IC market.
Get Your Free Sample of the Global Three Dimensional (3D) Integrated Circuits (IC) Market ReportWhat Are The Key Segments Within The Global Three Dimensional (3D) Integrated Circuits (IC) Market?
The three dimensional (3D) integrated circuits (IC) market covered in this report is segmented –
1) By Components: Through Glass Vias (TGVs), Through Silicon Vias (TSVs), Other Components
2) By Technology: 3D Stacked Integrated Circuit (ICs), Monolithic 3D Integrated Circuit (ICs), Integration And Packaging Type
3) By Application: Aerospace And Industrial, Telecommunication And Information Technology (IT), Automotive, Consumer Electronics, Medical, Industrial, Other Applications
How Are New Trends Impacting The Size Of The Three Dimensional (3D) Integrated Circuits (IC) Market?
Companies in the 3D Integrated Circuits (IC) sector are concentrating on the development of customized 3D ICs for specific needs, such as enhancing 5G radio frequency performance. This technology integrates multiple high-speed components into a single package to boost performance, lower latency, and create more compact, efficient network devices. For example, in May 2024, United Microelectronics Corporation, a Taiwan-based semiconductor company, launched the first-ever 3D IC solution for radio frequency silicon on insulator (RFSOI) technology, a major breakthrough for 5G applications. This innovation, built on UMC’s 55nm RFSOI platform, reduces the circuit footprint by over 45%, enabling the integration of additional RF components into 5G devices while addressing RF interference and advancing 5G millimeter-wave (mmWave) technology.
Which Region Drives The Highest Growth In The Three Dimensional (3D) Integrated Circuits (IC) Market?
North America was the largest region in the three dimensional (3D) integrated circuit (IC) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the three dimensional (3D) integrated circuits (IC) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.