PUBLISHER: QYResearch | PRODUCT CODE: 1861296
PUBLISHER: QYResearch | PRODUCT CODE: 1861296
The global market for Fan-Out Wafer Level Packaging was estimated to be worth US$ 599 million in 2024 and is forecast to a readjusted size of US$ 1581 million by 2031 with a CAGR of 15.0% during the forecast period 2025-2031.
The Fan-Out WLP technique involves cutting and separating the chip and then embedding the chip inside the panel. The procedure is to attach the chip face down to the Carrier, and the chip spacing should conform to the Pitch specification of the circuit design, while the receiver performs Molding to form a Panel. Follow-up will be separation, sealant panel and a vehicle for sealant panel Wafer shape, also called reconstruct Wafer (Reconstituted Wafer), can be widely used standard Wafer process, need is formed on the sealant panel circuit design. Since the area of the sealing panel is larger than that of the chip, not only can I/O contacts be made into the wafer area by Fan-In method; It can also be Fanned Out on a plastic mold to accommodate more I/O contacts.
The proliferation of smartphones, tablets, wearables, and IoT devices is driving the need for smaller, lighter, and more power-efficient semiconductor packages. FOWLP offers a thin form factor and reduced package size, making it ideal for compact electronics. As consumer demand for high-performance and aesthetically sleek devices rises, manufacturers are increasingly adopting FOWLP solutions.
The rise of 5G smartphones, AR/VR headsets, and gaming consoles requires high-speed, low-power, and high-density semiconductor packages. FOWLP provides improved signal integrity, shorter interconnects, and lower parasitic inductance, which enhance performance for processors, memory modules, and sensors. This trend is a key driver for the adoption of fan-out packaging in advanced mobile and computing applications.
Modern electronic devices increasingly integrate multiple functions such as logic, memory, RF components, and sensors within a single package. FOWLP supports heterogeneous integration, allowing multiple dies and components to be packaged together efficiently. This capability enables manufacturers to produce multi-functional, high-performance chips with enhanced thermal management and reliability, fueling market growth.
The automotive sector, particularly electric vehicles (EVs) and autonomous vehicles (AVs), is increasingly relying on advanced semiconductor packages for sensors, power management, ADAS (Advanced Driver Assistance Systems), and infotainment systems. FOWLP provides high-density integration and improved electrical performance, making it suitable for automotive applications where space constraints, reliability, and thermal performance are critical.
The global shift toward 5G networks and high-speed wireless communication is boosting demand for FOWLP. Fan-out packaging allows efficient routing of high-frequency signals, reduces signal loss, and enhances overall RF performance, making it an attractive solution for 5G transceivers, IoT gateways, and wireless modules.
This report aims to provide a comprehensive presentation of the global market for Fan-Out Wafer Level Packaging, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Fan-Out Wafer Level Packaging by region & country, by Type, and by Application.
The Fan-Out Wafer Level Packaging market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Fan-Out Wafer Level Packaging.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Fan-Out Wafer Level Packaging company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Fan-Out Wafer Level Packaging in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Fan-Out Wafer Level Packaging in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.