Dublin, June 23, 2023 (GLOBE NEWSWIRE) -- The "IC Substrate in the Global PCB Market: Trends, Opportunities and Competitive Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global PCB market in terms of IC substrate usage is expected to reach an estimated $15.3 billion by 2028 with a CAGR of 14.2% from 2023 to 2028.
The future of the global IC substrate in the global PCB market looks promising with opportunities in the tablet PC, smartphone, laptop, and wearable device applications.
The major drivers for this market are increasing acceptance of advanced packaging technologies, such as wafer-level packaging and flip-chip packaging, increasing popularity of smart wearable, like smart watches and fitness bands, and growing trend of miniaturization.
IC Substrate in PCB Market Insights
The analyst forecasts that FC BGA is expected to remain the larger type segment over the forecast period due to its capability of routing density and ability to be customized for maximum electrical performance.
Within this market, smartphones are expected to remain the largest segment over the forecast period due to rising demand for high-performance mobile devices and increasing penetration of advanced technologies.
APAC will remain the largest region due to significantly growing electronics industry, increasing trend of advanced packaging technologies, and presence of the well-established semiconductor and electronics players in the region.
List of IC Substrate in PCB Companies
Companies in the market compete on the basis of product Quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain.
With these strategies, IC substrate companies in the PCB market cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.
FAQS
Q1. What is IC substrate in PCB market size?
Answer: The global PCB market in terms of IC substrate usage is expected to reach an estimated $15.3 billion by 2028.
Q2. What is the growth forecast for IC substrate in PCB market?
Answer: The global PCB market in terms of IC substrate usage is expected to grow with a CAGR of 14.2% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of IC substrate in PCB market?
Answer: The major drivers for this market are increasing acceptance of advanced packaging technologies, such as wafer-level packaging and flip-chip packaging, increasing popularity of smart wearable's like smart watches and fitness bands, and growing trend of miniaturization.
Q4. What are the major segments for IC substrate in PCB market?
Answer: The future of IC substrate in the global PCB market looks promising with opportunities in the tablet PC, smartphone, laptop, and wearable device markets.
Q5. Who is the key IC substrate in PCB companies?
Answer: Some of the key IC substrate in PCB companies are as follows:
- ASE Group
- TTM Technologies
- Simmtech
- Fujitsu Limited
- Ibiden
- JCET Group
- Kinsus Interconnect Technology
- Korea Circuit
- KYOCERA Corporation
- LG Innotek
Q6. Which IC substrate in PCB segment will be the largest in future?
Answer: The analyst forecasts that FC BGA is expected to remain the larger type segment over the forecast period due to its capability of routing density and ability to be customized for maximum electrical performance.
Q7. In IC substrate in PCB market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to significantly growing electronics industry, increasing trend of advanced packaging technologies, and presence of the well-established semiconductor and electronics players in the region.
Key Topics Covered:
1. Executive Summary
2. IC Substrate in the Global PCB Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: IC Substrate in the Global PCB Market Trends (2017-2022) and Forecast (2023-2028)
3.3: IC Substrate in the Global PCB Market by Type
3.3.1: FC BGA
3.3.2: FC CSP
3.4: IC Substrate in the Global PCB Market by Application
3.4.1: Tablet PC
3.4.2: Smart Phones
3.4.3: Laptops
3.4.4: Wearable Devices
3.4.5: Others
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: IC Substrate in the Global PCB Market by Region
4.2: IC Substrate in the North American PCB Market
4.2.1: IC Substrate in the North American PCB Market by Type: FC BGA and FC CSP
4.2.2: IC Substrate in the North American PCB Market by Application: Tablet PC, Smartphones, Laptops, Wearable Devices, and Others
4.3: IC Substrate in the European PCB Market
4.4: IC Substrate in the APAC PCB Market
4.5: IC Substrate in the ROW PCB Market
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for IC Substrate in the Global PCB Market by Type
6.1.2: Growth Opportunities for IC Substrate in the Global PCB Market by Application
6.1.3: Growth Opportunities for IC Substrate in the Global PCB Market by Region
6.2: Emerging Trends for IC Substrate in the Global PCB Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of IC Substrate in the Global PCB Market
6.3.3: Mergers, Acquisitions, and Joint Ventures of IC Substrate in the Global PCB Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: ASE Group
7.2: TTM Technologies
7.3: Simmtech
7.4: Fujitsu Limited
7.5: Ibiden
7.6: JCET Group
7.7: Kinsus Interconnect Technology
7.8: Korea Circuit
7.9: KYOCERA Corporation
7.10: LG Innotek
For more information about this report visit https://www.researchandmarkets.com/r/n9ss2r
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