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Technavio’s market research analysts have predicted that the global semiconductor packaging equipment market will grow steadily at a CAGR of more than 8% by 2020. This industry research report identifies the growth of wireless computing devices along with the advent of IoT to be one of the major factors that will have a positive impact on the growth of this market in the coming years. The recent years have seen a rapid increase in the demand for high-performance devices with reliable and highly portable computing platforms. IoT uses sensors and actuators to collect and transmit data from wireless computing devices to a centralized location in real-time. The increasing adoption of IoT in the consumer electronics and automotive sectors will drive the demand for wireless devices. These wireless computing devices require a high level of integration, as a result of which, semiconductor manufacturers have started developing new designs to support multiple applications on a single platform. Such developments will lead to the purchase of new IC packaging equipment that can match the changing technological environment.
This market research and analysis states that in terms of geography, APAC will dominate the market during the forecast period and will account for more than 72% of the total market shares by 2020. This is mainly due to the presence of several major foundries that invest heavily in revamping their production lines, subsequently creating the demand for production equipment. Owing to the presence of major consumer electronics manufacturers, this region is the largest consumer of semiconductor devices, which will also drive the demand for semiconductor packaging equipment.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Technology landscape
PART 06: Market landscape
PART 07: Market segmentation by type
PART 08: Market segmentation by end-user
PART 09: Geographical segmentation
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Appendix
PART 17: Explore Technavio
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