Shift Towards Advanced Packaging Technologies to Drive the Growth of Global 3d Ics Market

https://www.coherentmarketinsights.com/market-insight/3d-ics-market-3941
3d Ics Market



Market Overview:
3D ICs help integrate various electronic components into a single chip through stacking of silicon wafers or silicon dice and interconnecting them vertically. This allows for a very high density of components using the third dimension next to the conventional two dimensions. The technology enables significant improvement in performance, power consumption and cost compared to conventional ICs.

Market key trends:
One of the major trends driving the growth of 3D ICs market is the growing demand for smartphones and wearable devices. The continuous demand for higher performance and lower power consumption integrated circuits for applications such as mobile processing, graphics, artificial intelligence etc. is fueling the need for 3D IC technologies. Stacked die packaging allows for more transistors per unit area, higher bandwidth and lower power consumption compared to planar ICs. This makes 3D ICs very well suited to meet the requirements of next generation mobile and wearable devices.

The global 3d Ics Market Demand is estimated to be valued at US$ 16937.26 Mn in 2023 and is expected to exhibit a CAGR of 22% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Segment Analysis
The 3d ICs market can be segmented based on application into memory, logic, MEMS, CMOS image sensors, LED and others. The memory segment dominated the 3d ICs market in 2023 and is expected to continue its dominance going forward. This is because 3d integration helps improve the memory density and reduces chip size significantly. 3d integration stacked dynamic random-access memory (DRAM) and embedded DRAM memory chips are witnessing high demand from consumer electronics and mobile devices.

Key Takeaways
The global 3d ICs market is expected to witness high growth, exhibiting a CAGR of 22% over the forecast period, due to increasing demand for miniaturization of electronic devices and the need to improve functionality.

Regional analysis
Asia Pacific dominated the global 3d ICs market in 2023 and is projected to grow at the fastest rate during the forecast period. This is attributed to the presence of key foundries like Taiwan Semiconductor Manufacturing Company and United Microelectronics Corporation in countries like Taiwan and China. These foundries are focusing on technology innovation to manufacture more advanced 3d integrated chips.

Key players
Key players operating in the 3d ICs market are Taiwan Semiconductor Manufacturing Company, Ltd., MonolithIC 3D Inc., XILINX, Inc., Micron Technology, Inc., The 3M Company, Ziptronix, Inc., STATS ChipPAC Ltd., United Microelectronics Corporation, and Tezzaron Semiconductor Corporation. Taiwan Semiconductor Manufacturing Company holds a significant share in the market due to its expertise in packaging and stacking technologies.

Comments

Post a Comment

Popular posts from this blog

Agricultural Micronutrients Market Growth Accelerated By Increasing Need For Improved Soil Fertility

Image
Agricultural Micronutrients Market Agricultural micronutrients are essential plant nutrients required in small quantities for healthy plant growth and development. Micronutrients such as iron, zinc, manganese, molybdenum, and boron play vital roles in various metabolic functions of crops such as photosynthesis, nitrogen fixation, and enzyme activity. The increasing need to boost crop yields and improve soil fertility has raised the demand for micronutrient fertilizers globally. The growing population and reducing arable land have fueled the need for sustainable agricultural practices, propelling the micronutrients market. The global Agricultural Micronutrients Market is estimated to be valued at US$ 5.19 Bn in 2024 and is expected to exhibit a CAGR of 27.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing adoption of precision farming and digital technologies in the agriculture sector is...
Read more

Dairy Alternative Market Expected To Reach USD 26.01 Billion By 2023

Image
Dairy Alternative Market Market Overview: Dairy alternative products are gaining significant popularity due to their numerous advantages. These products are plant-based, making them suitable for individuals with lactose intolerance or those following a vegan diet. They offer similar nutritional benefits as traditional dairy products such as milk, cheese, and yogurt, while also addressing concerns related to animal welfare and environmental sustainability. The growing demand for dairy alternative products among health-conscious consumers is driving market growth. Market Key Trends: One key trend observed in the dairy alternative market is the increasing preference for plant-based milk substitutes. Plant-based milk alternatives such as almond milk, soy milk, and oat milk, among others, are gaining traction among consumers as a healthier and more sustainable option compared to traditional dairy milk. These plant-based milk alternatives offer various benefits such as being lactose-free, c...
Read more

Antimicrobial Additives Market Growth Accelerated By Rising Demand From End-Use Industries

Image
Antimicrobial Additives Market Antimicrobial additives are extensively used in a wide range of end-use industries such as healthcare, packaging, food and beverage, construction, and automotive. These additives help protect various materials from microorganisms such as bacteria, viruses, etc. Some key applications of antimicrobial additives include packaging of food, medical devices, fabrics, flooring, coatings, etc. The ongoing COVID-19 pandemic has further increased the importance of hygiene and sanitation, driving demand for antimicrobial materials from various sectors. The global Antimicrobial Additives Market is estimated to be valued at US$ 3.47 Bn in 2024 and is expected to exhibit a CAGR of 25.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key drivers of the market's growth is the rising demand for antimicrobial additives from the packaging industry. Packaging manufacturers ...
Read more