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Wafer level packaging (WLP) is a technology of packaging an integrated circuit where most or all of the packaging process steps are carried out at the wafer level in contrast to the conventional chip scale packaging and wire bonding. The advancements in wafer level packaging deliver highly efficient and reliable electrical interconnect solutions for electronic products. The market holds a great potential in electronics and IT & telecommunication industries. The leading electronic companies like Samsung, Intel and Apple incorporate these packages in their products. For instance, Apple is going to incorporate wafer level fan-out package for their next generation-iPhone 7. Therefore, the increased adoption of advance packaging technology in portable electronics is expected to propel the demand of wafer level packaging in the years to come.
Roadmap for advancements in packaging technology
Wafer level packaging is a cost-effective technology with technological improvements such as lower form factor, smaller thickness, lower pitches, high density of I/O counts, lower power consumption, and higher package density, which makes it an excellent packaging technology for high end electronic gadgets. It is extensively used in portable electronic devices as it enhances the performance and durability of the device, for instance, iPhone 5 has at least 11 different WLPs, the Samsung Galaxy S3 has 6 WLPs and the HTC One X has 7. Continuous research & development activities to develop innovative and improved packaging technology, are in progress which will lead to the growth of the market.
The growing demand of wafer level packaging technology in industries such as electronics, IT & telecommunication and automotive among others would help in the growth of the wafer level packaging market. WLP enables high functionality with least cost when dealing with complex integrated circuits (IC) with a high number of input/output connections to the outside world. However, strong transmission of mechanical stress between package & board as compared to other package technologies and difficulty in repair due to restricted visual inspection hinders the growth of the market.
Wafer level packaging market is driven by trending Internet of Things (IoT), technological superiority over traditional packaging techniques and impending need of circuit miniaturization in microelectronic devices. In addition, encapsulation being a challenge for fan-out wafer level packaging and high initial investment, functions as key constraints to the market.
The market is segmented on the basis of integration type, packaging technology, bumping technology, industry vertical, and geography. Based on integration type, it is divided into fan-in WLP and fan-out WLP. The market by packaging technology comprises 3D TSV WLP, 2.5D TSV WLP, WLCSP, Nano WLP and others. Based on bumping technology, it is segmented into copper pillar, solder bumping, gold bumping, and others. The market by industry vertical comprises of electronics, IT & telecommunication, industrial, automotive, aerospace & defense, healthcare, and others. Further, the market is analyzed on the basis of regions such as North America, Europe, Asia-Pacific, and LAMEA.
Key players profiled in this report are Amkor Technology Inc., Fujitsu Ltd., Jiangsu Changjiang Electronics Technology Co. Ltd., Deca Technologies, Qualcomm Inc., Toshiba Corp., Tokyo Electron Ltd., Applied Materials, Inc., ASML Holding NV, and Lam Research Corp. among others.
POTENTIAL BENEFITS FOR STAKEHOLDERS:
The market is segmented on the basis of integration type, packaging technology, bumping technology, industry vertical, and geography.
BY INTEGRATION TYPE
BY PACKAGING TECHNOLOGY
BY BUMPING TECHNOLOGY
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