Title: Panel Level Packaging Market - Forecast(2022 - 2027)
1Panel Level Packaging Market - Forecast(2022 -
2027)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
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- Panel Level Packaging Market Size is forecast to
reach 3.5 billion by 2026, at a CAGR of 18.5
during 2021-2026. Panel Level packaging (PLP) is
one of the latest packaging trends in
microelectronics. Besides technology developments
towards heterogeneous integration, larger
substrates formats also are targeted. - In addition, manufacturers are increasingly
driving their suppliers to provide panel
-processing tools and materials to allow them to
bring wafer-level precision to package processed
on panel substrates. This packaging is used in
the packaging of field programmable gate array
(FPGA), CPU/GPU, power management IC module,
baseband, and others.
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Key Takeaways
- Consumer Electronics sector is expected to
witness a highest CAGR of 19.9 the forecast
period, as this segment is powering a new wave of
developments in electronic packaging. - Panel Level Packaging market in Asia-Pacific
region held significant market share of 35.5 in
2020. With the presence of several significant
vendors in the power electronics market, which
are actively investing for the development of
advanced panel-level packaging technology is
driving the market growth.
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- By Distribution Channel- Segment Analysis
- Fan-out Panel Level Packaging segment is expected
to hold significant share of 51 in 2020. Several
packaging houses are implementing panel-level
fan-out, a low-density technology that promises
to lower the cost of fan-out. Fan-out Panel Level
Packaging segment is expected to be essential for
future applications on 5G, AI, Biotech, Advanced
Driver- Assistance System (ADAS), smart city, and
IoT related products. In addition ability to
develop advanced packing and testing services and
secure customer relations serve as major factors
which are diving the market growth in the
forecast period.
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- Panel Level Packaging Market
- Industry Outlook
- Ocean Spray Cranberries Inc.
- Sunkist Growers Inc.
- Nestle
- Citrus World
- Tampico Beverages
- Welch Foods Inc
- Suntory Holdings Ltd.
- Del Monte Foods
- Pepsi Co.
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Panel Level Packaging Market - Forecast(2022 -
2027) Learn More About the Report _at_
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