LYON, France –The IC substrate market is poised for significant growth, with its value projected to increase from US$15.1 billion in 2022 to nearly US$29 billion by 2028. This growth is primarily attributed to the surging demands in the AI, 5G, and automotive sectors. New entrants are joining the market to meet the rising needs of AI customers, leading to a substantial demand for substrates. All market participants are making significant investments to meet these requirements and accommodate the escalating demand, announces Yole Intelligence in its new semiconductor packaging report, Status of the Advanced IC Substrate Industry 2023 report.
In this advanced IC substrate market, Yole Intelligence, part of Yole Group, forecasts the SLP market to climb from US$2.9 billion in 2022 to US$3.6 billion by 2028. This market is primarily rooted in high-end smartphones. ED , an emerging laminate substrate technology, is anticipated to surpass 1.2 billion units in production by 2028, with its revenue increasing to US$900 million.
In this dynamic context, Yole Intelligence has developed a comprehensive advanced packaging technology & market report with metrics and forecasts for the IC industry. In its new Status of the Advanced IC Substrate Industry 2023 report, the company, part of Yole Group, delivers an overview of the industry, ecosystem and technology for each substrate platform.
According to Bilal Hachemi, Ph.D., Technology and Market Analyst, Packaging within the Semiconductor, Memory, and Computing Division at Yole Intelligence, part of Yole Group: “In this new analysis, we point out and deeply analyze the potential of a novel substrate core material, Glass Core. This solution, part of the advanced IC substrate market, heralds a new era for advanced substrates, particularly with its innovative applications in AI and servers. The materials and equipment segments within the advanced IC substrate industry are keeping pace with the evolving demands, the increasing complexity of the market, and the needs of end customers.”…
