The global interposer and fan-out WLP market is expected to be valued at USD 13.42 Billion by 2022, growing at a CAGR of 28.09% between 2016 and 2022.

The growth of this market is mainly driven by the rising trend of miniaturization of electronics devices; increasing demand for advanced architecture in smartphones, tablets, and gaming devices; and increased usage of advanced wafer level packaging technologies in MEMS and sensors.

The major objectives of the study are as follows:

To define, describe, and forecast the overall interposer and fan-out wafer-level packaging (FOWLP) market on the basis of application, packaging technology, end-user industry, and region
To forecast the size of the market segments with respect to four main regions—North America (NA), Europe, Asia Pacific (APAC), and Rest of the World (RoW)
To provide detailed information regarding the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and contribution to the total market
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the interposer and fan-out wafer-level packaging (FOWLP) market
To strategically profile the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
To analyze the strategic developments such as new product launches and related developments, acquisitions, expansions, and agreements in the interposer and fan-out wafer-level packaging (FOWLP) market

The research methodology used to estimate and forecast the interposer and fan-out WLP market begins with obtaining data on key vendor revenues through secondary research. Some of the secondary sources referred to for this research include information from various journals and databases such as Hoovers, Bloomberg Business, Factiva, and OneSource. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the biosensors market from the revenues of the key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews of officials holding key positions in the industry such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.

Through-silicon Vias (TSVs) held the largest size of the interposer and fan-out WLP market in 2015

TSV is one of the most compact package types with increased functionality. TSV has gained popularity in space-constrained mobile applications and is used in portable consumer devices as well as industrial products as it is a cost-effective, compact, lightweight, and high-performing semiconductor. The rising demand for advanced memory packages such as flash and hybrid memory, image sensors, and others in the consumer electronics industry is driving the growth of this market.

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The market for memory applications to grow at the highest rate between 2016 and 2022

The use of interposer and fan-out WLP is expected to provide a cost-effective solution and drive the wide-scale adoption of this technology in potential end products. The average number of stacked dice in memory modules is likely to grow with the increasing usage of interposers. Moreover, innovations in advanced data storage such as flash memory, hybrid memory cube, and so on are creating a demand for interposer and fan-out WLP to develop high-performing compact memory solutions. In addition, the advent of complex device designs has brought new challenges in interconnections such as need for higher I/O density and performance requirements, which are efficiently addressed by interposer and fan-out WLP.

APAC accounted for the largest share of the interposer and fan-out WLP market in 2015

The major factors driving the growth of the market in APAC include the presence of major semiconductor foundries, including TSMC (Taiwan) and UMC (Taiwan); proximity to major downstream electronics manufacturing operations; government-sponsored infrastructure support; tax incentives; and availability of skilled engineers and labor at a relatively low cost.

The major players operating in the interposer and fan-out WLP market include Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Samsung Electronics Co., Ltd. (South Korea), Toshiba Corp. (Japan), ASE Group (Taiwan), Amkor Technology (U.S.), Qualcomm Incorporated (U.S.), Texas Instruments (U.S.), United Microelectronics Corp. (Taiwan), STMicroelectronics NV (Switzerland), Broadcom Ltd. (Singapore), Intel Corporation. (U.S.), Jiangsu Changing Electronics Technology Co., Ltd. (China), and Infineon Technologies AG (Germany).

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