The Global Interposer and FOWLP Market
The global interposer and FOWLP market is projected to reach a value of USD 35.6 billion in 2024 and is expected to grow to USD 63.5 billion by 2029. According to a new report by MarketsandMarkets, the market is anticipated to grow at a compound annual growth rate (CAGR) of 12.3% during the forecast period. The increasing demand for advanced packaging in AI and high-performance computing (HPC) is driving the expansion of the interposer and FOWLP market.
Interposer-based packaging is experiencing strong growth in the semiconductor industry. This technology enhances performance and reduces power consumption by facilitating efficient connections between different chip components. It is increasingly adopted for its role in enabling high-bandwidth and high-performance applications, driving advancements in data centers, 5G infrastructure, and emerging technologies. The interposer and FOWLP market for the 2.5D packaging segment is expected to exhibit the highest market share during the forecast period.
Growth in 2.5D IC Packaging
The 2.5D IC packaging market is witnessing significant growth as it enables enhanced performance and miniaturization by stacking multiple chips on an interposer. This fosters advancements in high-performance computing, artificial intelligence, and automotive electronics. The demand for improved efficiency, reduced power consumption, and increased bandwidth in various applications is driving the adoption of this packaging approach across different industries.
Memory Devices Market
The interposer and FOWLP market for memory devices is expected to hold a high market share during the forecast period. The increasing demand for high-capacity, high-speed memory solutions in data centers, artificial intelligence, and 5G applications is driving innovation in packaging technologies. Advanced packaging techniques, such as 3D stacking and heterogeneous integration, play a crucial role in meeting the evolving requirements of memory devices, enhancing their speed, density, and energy efficiency.
North America Market
The interposer and FOWLP market in the North America region is expected to hold the second-largest share during the forecast period. This is due to several key factors, including a highly developed technological landscape and the presence of major players in the semiconductor packaging industry. The North America semiconductor advanced packaging industry drives innovation in electronic devices, utilizing cutting-edge technologies like 3D packaging and heterogeneous integration to enhance performance and miniaturization. It plays a significant role in advancing computing, communication, and various electronic applications.
The interposer and FOWLP market includes major Tier I and II players such as Samsung, Taiwan Semiconductor Manufacturing Company, Ltd. (TSMC), SK HYNIX INC., and others. These players have a strong market presence in advanced packaging across North America, Europe, Asia Pacific, and the Rest of the World (RoW).