Market Research Report
Global 3D IC Market Research Report - Forecast to 2022
|Published by||Market Research Future||Product code||542512|
|Published||Content info||78 Pages
|Global 3D IC Market Research Report - Forecast to 2022|
|Published: May 20, 2017||Content info: 78 Pages||
The growing semiconductor & microelectronics industry is developing a trend for vertically stacked integrated circuits (ICs) which is emerging as viable solution for providing high performance, increased functionality and reducing power consumption to fulfill electronic device requirements. These ICs are in great demand by military & aerospace, medical and consumer electronics industries to fulfill need of integrating disparate technologies which includes logic, memory, RF, sensor in small forms for industrial applications.
The global 3D IC's market is a very dynamic market and is expected to witness stable growth over the forecast period. The growth of the 3D IC's market is influenced by the increasing demand for advanced electronic products with a smaller form factor, and superior functionality has driven semiconductor industry to develop more innovative advanced packaging technologies and high demand for 3D packaging using TSVs driving 3D IC development. However, technical limitation and IC/package co-design are the factors hindering the growth of the 3D IC's market.
The global 3D IC's market is estimated to grow from USD 4,045.9 million in 2016 to USD 10,476.6 million by 2023, growing at a CAGR of 17.18% from 2017 to 2023.
Objective Study of 3D IC's Market:
For the purpose of this study, Market Research Future has segmented the market of 3D IC's into technology, components, products, application and region.
The key players in the global 3D IC market include Xilinx Inc., Tezzaron Semiconductor Corporation, and BeSang Inc., Monolithic 3D Inc., United Microelectronics Corporation, 3M Company, Intel Corporation, and IBM Corporation among others.
North America is the leading economy in 3D IC's market followed by Europe. However, Asia-Pacific is the fastest growing economy in the market majorly due to maturing production sector in India and China and largest production of semiconductor industry Also, Middle East & Africa has a slow growth majorly due to growing industrialization and presence of automobile industries in this region.
In 2016, North America is estimated to generate the largest revenue of USD 988.75 million followed by Europe with USD 1084.70 million generated in 2016. This trend is projected to change by 2022, where Asia-pacific would raise its revenue to USD 4200.02 million from USD 1568.12 million in year 2016. Asia-Pacific is predicted to show a high revenue growth at a CAGR of 17.85% from 2016 to 2023. Middle East & Africa is expected to grow with slow growth rate of 11.09% during forecast period 2016 to 2022.
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