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The Future of the Semiconductor Bonding Market Growth, And Research Report Breakdown
Semiconductor Bonding Market by Type (Die Bonder, Wafer Bonder, and Flip Chip Bonder), Application (RF Devices, MEMS and Sensors, LED, 3D NAND and CMOS Image Sensors)
Advancements in the automotive sector, such as self-driven cars, connected vehicles, and electric vehicles, have increased the demand for MEMS, LEDs, photodiodes, image sensors, power devices, and other components. Moreover, due to the rising concerns regarding the safety of drivers and passengers, automobile manufacturers are also using MEMS and optoelectronics in a wide variety of passenger safety applications, such as airbag systems, vehicle dynamics systems, active suspension systems, and engine management systems. Such automotive assemblies require high-precision packaging, which can be done using bonding equipment. Thus, the implementation of technologically advanced bonding equipment for the assembly of vehicle electronics is expected to propel the growth of the semiconductor bonding market in the near future.
APAC is expected to be the fastest-growing region for semiconductor bonding among the major regions. In 2020, South Korea held the largest share of the semiconductor bonding market in APAC. The dominance of South Korea is attributed to the presence of a large number of foundries, IDMs, and OSAT companies in the country. These companies use advanced bonding techniques and die bonding equipment for the assembly process of semiconductor components. A large number of foundries and fabrication plants of Samsung dedicated to the manufacturing of microprocessors, LEDs, DDR memory, and system logics also surges the demand for semiconductor bonding equipment in the country.
Moreover, the Chinese semiconductor bonding market is expected to witness a high CAGR during the forecast period owing to the increasing demand for miniaturized consumer electronic devices. Some of the manufacturers of semiconductor bonding equipment, such as ASM Pacific Technology Ltd. (Singapore) and Kulicke&
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The semiconductor bonding market, by process type, has been segmented into die-to-die bonding, die-to-wafer bonding, and wafer-to-wafer bonding.