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- Published: June 2026
- Pages: 339
- Tables: 79
- Figures: 28
Advanced semiconductor packaging has become one of the most strategically important domains in the entire electronics industry. As the performance, power, and economic returns from transistor scaling diminish at the leading edge, the package itself has emerged as the primary lever for improving system performance. Where computing capability once came chiefly from shrinking devices, it now comes increasingly from how dies are interconnected, how closely memory is placed to compute, and how many heterogeneous components can be integrated into a single package. This shift has elevated packaging from a back-end, cost-driven step to a value-defining stage of semiconductor design and manufacture.
The principal driver of this transformation is artificial intelligence. AI training and inference demand enormous memory bandwidth, dense die-to-die connectivity, and efficient power delivery, pushing 2.5D and 3D architectures, high-bandwidth memory, and ever-larger package formats into the mainstream. These requirements have made advanced packaging both a key enabler of, and a critical bottleneck for, the most demanding computing systems. The technology landscape is defined by several converging vectors: copper-to-copper hybrid bonding, which enables extraordinarily fine-pitch vertical interconnects; chiplet-based, heterogeneous integration that combines logic, memory, analog, and increasingly photonics from different process nodes; glass substrates and interposers as a new high-end platform; panel-level processing for larger and more cost-effective packages; and co-packaged optics, which brings the optical interface directly into the package.
Underpinning these trends is a deep and increasingly contested ecosystem spanning integrated device manufacturers, foundries, outsourced assembly and test providers, memory makers, equipment and materials suppliers, and a fast-growing optical-interconnect sector. The industry is also experiencing significant structural change, including the partial reshoring of leading-edge packaging capacity, the rise of hyperscaler custom silicon, and growing collaboration across the value chain as the complexity of integration intensifies. Materials innovation, thermal management, and design-stage co-optimisation have become essential disciplines rather than peripheral concerns.
At the same time, the field faces substantial challenges: yield and cost at large package formats, manufacturing maturity for glass and panel processing, thermal density in tightly integrated stacks, optical alignment and test for co-packaged optics, standardisation of die-to-die interfaces, and a concentrated, capital-intensive supply chain. Despite these hurdles, advanced packaging is firmly established as a foundational technology for next-generation computing, communications, automotive, and consumer systems, and its strategic significance is expected to deepen throughout the coming decade.
The Global Market for Advanced Semiconductor Packaging 2027–2037 provides a comprehensive analysis of the advanced semiconductor packaging industry, examining the technologies, materials, applications, market trends, competitive landscape, and outlook that will shape the sector through 2037. As gains from transistor scaling diminish at the leading edge, advanced packaging has become the primary lever for system performance, and this report maps the technologies and players driving that shift across AI, high-performance computing, automotive, mobile, and consumer markets. It combines technical depth with market analysis, supported by detailed forecasts and an extensive directory of company profiles.
The report covers:
- Executive summary — technology overview, evolution of packaging, supply chains, key technology trends, growth drivers, competitive landscape, market challenges, and future outlook.
- Semiconductor packaging technologies — transistor device scaling and the sub-2nm paradox; wafer-level and fan-out packaging; chiplets and disaggregation; interconnection methods; interposer technologies including silicon, organic, silicon bridge, and glass; 2.5D and 3D packaging; copper-to-copper hybrid bonding, including low- and room-temperature processes; and die-to-die I/O.
- Wafer-level packaging — WLCSP, fan-out, fan-in, panel-level packaging, manufacturing processes, trends, and applications.
- System-in-package and heterogeneous integration — integration approaches, manufacturing methods, drivers, applications, IC substrates, and co-packaged optics.
- Monolithic 3D ICs — architectures, 2D materials, benefits, and challenges.
- Markets and applications — mobile, HPC, AI, automotive (including ADAS and EV power electronics), IoT, medical, consumer, aerospace and defense, additive manufacturing, and silicon photonics.
- Glass substrates and interposers — benefits, material properties, TGV formation and metallisation, panel processing, supplier roadmaps, and technical challenges.
- Co-packaged optics — co-packaging approaches, EIC/PIC integration, couplers, advantages and limitations, time to market, and company technologies.
- Thermal interface materials — candidates, roadmaps, and applications.
- Global market forecasts — by packaging type, units and wafers, end-use market, region, and by 3D SoC, 3D stacked memory, UHD FO/RDL interposer, 2.5D interposers, and embedded silicon bridge.
- Market trends and roadmaps — data center, AI and graphics, CPU, autonomous vehicles, interconnect and node roadmaps, and commercialized products across GPUs, AI ASICs, CPUs, and CPO switches.
- Market players, challenges, and company profiles — covering IDMs, foundries, OSATs, OEMs, equipment, materials, and substrate suppliers. Companies profiled include AaltoSemi, Absolics, ACCRETECH, Adeia, Advanced Micro Devices (AMD), Ajinomoto, Alphawave Semi, Amkor Technology, Analog Devices, AMQ Intelligent, Apple, Applied Materials, Ardentec, ARM, ASE, ASMPT, Astera Labs, Ayar Labs, Besi, Biren Technology, Blue Ocean Smart System, Brewer Science, Broadcom, BroadPak, Cadence, Cambricon, Capcon, CAS Microelectronics, CD Micro-Technology, CEA-Leti, Celestial AI, Cerebras, China Wafer Level CSP, Chipbond, Chipletz, ChipMOS, Coherent, Corning, Dai Nippon Printing (DNP), Dewo Advanced Automation, Disco, DuPont, Ebara, Eliyan, EMC Semiconductor, EPS Technology, Entegris, EV Group, GlobalFoundries, Global Unichip, Gloway, Goldenscope, Gona, Graphcore, Greatek, Hangke, Hanmi Semiconductor, HD Microsystems, HiSilicon, HLMC, Huatian, Huawei, Ibiden, IBM, ICLeague, imec, Indium Corporation, Infineon, Integra, Inari Amertron, Intel, JCET, Jiangsu ICAT, Jingdu, Keyang, King Yuan, Kioxia, KyLitho, Kyocera, Lam Research, Lapis, LB Semicon, Leading Interconnect, LG Innotek, Lidrotec, Lightmatter, Lumentum, Lux Semiconductors, Malaysian Pacific Industries, Marvell, Micron, MediaTek, Meta, Micross, Mitsubishi, NCAP China, NEC, Nippon Electric Glass (NEG), Nepes, Nvidia, Onsemi, Orient Semiconductor, Panasonic, Plan Optik, Powertech, Pragmatic, Qorvo, Renesas, RMT, Rohm, Rong, Samsung Electronics, Samtec, Schott, Sharp, Shinko, Showa Denko/Resonac, Sigurd, Silicon Box, SPIL, SJ Semiconductor, SK Hynix, Skywater, SMIC, Sony, Starmask, STMicroelectronics, Suss Microtec, Synopsys, SZLQ, Taiwan Semiconductor Manufacturing Company (TSMC), Techsense, Tezzaron, Tokyo Electron (TEL), Tongfu, Texas Instruments, Tokyo Seimitsu, Tong Hsing, Toppan, Toray, Toshiba, Tower Semiconductor, UMC, Unimicron, Unisem, UTAC, Walton, Winstek, Xinhe, Yibu, and Yuehai.
Purchasers will receive the following:
- PDF report download/by email.
- Comprehensive Excel spreadsheet of all data.
- Mid-year Update
1 EXECUTIVE SUMMARY 20
- 1.1 Semiconductor Packaging Technology Overview 20
- 1.1.1 Key challenges 21
- 1.1.2 Evolution of semiconductor packaging 22
- 1.1.2.1 From 1D to 3D 23
- 1.1.3 Conventional packaging approaches 24
- 1.1.4 Advanced packaging approaches 25
- 1.2 Semiconductor Supply Chain 26
- 1.3 Advanced Packaging Supply Chain 27
- 1.4 Key Technology Trends in Advanced Packaging 28
- 1.5 Market Growth Drivers 29
- 1.6 Competitive Landscape 29
- 1.7 Market Challenges 30
- 1.8 Future outlook 31
- 1.8.1 Heterogeneous Integration 31
- 1.8.2 Chiplets and Die Disaggregation 32
- 1.8.3 Advanced Interconnects 32
- 1.8.4 Scaling and Miniaturization 33
- 1.8.5 Thermal Management 33
- 1.8.6 Materials Innovation 34
- 1.8.7 Supply Chain Developments 34
- 1.8.8 Role of Simulation and Data Analytics 35
2 SEMICONDUCTOR PACKAGING TECHNOLOGIES 36
- 2.1 Transistor Device Scaling 36
- 2.1.1 Overview 36
- 2.1.2 Heterogeneous Architecture Transition 37
- 2.1.3 Co-Design Focus Areas 37
- 2.2 Wafer Level Packaging 39
- 2.3 Fan-Out Wafer Level Packaging 41
- 2.4 Chiplets 42
- 2.4.1 AMD EPYC and Ryzen processor families 44
- 2.4.2 Disaggregation Needs 45
- 2.5 Interconnection in Semiconductor Packaging 46
- 2.5.1 Overview 47
- 2.5.2 Wire Bonding 47
- 2.5.3 Flip-chip bonding 48
- 2.5.4 Interposer 48
- 2.5.4.1 Interposer technology comparison 49
- 2.5.4.2 Glass interposer 49
- 2.5.4.2.1 Technical challenge of glass interposer 50
- 2.5.4.2.2 Different Interposer material comparison 50
- 2.5.5 Through-silicon via (TSV) bonding 51
- 2.5.6 Hybrid bonding with chiplets 51
- 2.5.7 Re-architecting die-to-die I/O 52
- 2.6 2.5D and 3D Packaging 52
- 2.6.1 2.5D packaging 52
- 2.6.1.1 Overview 52
- 2.6.1.1.1 Silicon Interposer 2.5D 54
- 2.6.1.1.1.1 Through Si Via (TSV) 54
- 2.6.1.1.1.2 (SiO2) based redistribution layers (RDLs) 55
- 2.6.1.1.2 2.5D Organic-based packaging 56
- 2.6.1.1.2.1 Chip-first and chip-last fan-out packaging 57
- 2.6.1.1.2.2 Organic substrates 58
- 2.6.1.1.2.3 Organic RDL 59
- 2.6.1.1.3 2.5D glass-based packaging 60
- 2.6.1.1.3.1 Benefits 61
- 2.6.1.1.3.2 Glass Si interposers in advanced packaging 62
- 2.6.1.1.3.3 Glass material properties 63
- 2.6.1.1.3.4 2/2 μm line/space metal pitch on glass substrates 64
- 2.6.1.1.3.5 3D Glass Panel Embedding (GPE) packaging 65
- 2.6.1.1.3.6 Thermal management 66
- 2.6.1.1.3.7 Polymer dielectric films 67
- 2.6.1.1.3.8 Challenges 67
- 2.6.1.1.3.9 Comparison with other substrates 68
- 2.6.1.1.3.10 TGV formation and metallisation 68
- 2.6.1.1.4 2.5D vs. 3D Packaging 69
- 2.6.1.1.1 Silicon Interposer 2.5D 54
- 2.6.1.2 Benefits 70
- 2.6.1.3 Challenges 70
- 2.6.1.4 Trends 70
- 2.6.1.5 Market players 71
- 2.6.1.1 Overview 52
- 2.6.2 3D packaging 72
- 2.6.2.1 Conventional 3D packaging 73
- 2.6.2.2 Advanced 3D Packaging with through-silicon vias (TSVs) 74
- 2.6.2.3 W2W vs D2W vs Collective D2W 75
- 2.6.2.4 Direct Molecular Bonding 76
- 2.6.2.5 3D Interconnect Trends 77
- 2.6.2.6 Hybrid Bonding 78
- 2.6.2.6.1 Devices using hybrid bonding 78
- 2.6.2.6.2 Fusion Bond 80
- 2.6.2.6.3 Low- and room-temperature Cu-Cu bonding 81
- 2.6.2.6.4 Devices using hybrid bonding 81
- 2.6.2.7 3D stacking supply chain 82
- 2.6.2.8 3D Microbump technology 83
- 2.6.2.8.1 Technologies 83
- 2.6.2.8.2 Challenges 84
- 2.6.2.8.3 Bumpless copper-to-copper (Cu-Cu) hybrid bonding 84
- 2.6.2.9 Trends 86
- 2.6.2.9.1 Memory drives the next wave 87
- 2.6.2.9.2 Low- and room-temperature Cu-Cu bonding 87
- 2.6.1 2.5D packaging 52
3 WAFER-LEVEL PACKAGING 88
- 3.1 Introduction 88
- 3.1.1 WLP to PLP 88
- 3.2 Benefits 88
- 3.3 Types of Wafer Level Packaging 89
- 3.3.1 Wafer Level Chip Scale Packaging 90
- 3.3.1.1 Overview 90
- 3.3.1.2 Advantages 90
- 3.3.1.3 Applications 91
- 3.3.2 Wafer Level Fan-Out Packaging 91
- 3.3.2.1 Overview 91
- 3.3.2.2 Advantages 92
- 3.3.2.3 Applications 93
- 3.3.3 Wafer Level Fan-In Packaging 94
- 3.3.3.1 Overview 94
- 3.3.3.2 Advantages 94
- 3.3.3.3 Applications 95
- 3.3.4 Other Types of WLP 95
- 3.3.4.1 Cu-Pillar Flip Chip 95
- 3.3.4.2 Advantages 95
- 3.3.4.2.1 Applications 96
- 3.3.4.3 Embedded Wafer Level BGA (eWLB) 97
- 3.3.4.4 Advantages 97
- 3.3.4.4.1 Applications 98
- 3.3.4.5 Chip-last FO-WLP 98
- 3.3.4.5.1 Advantages 98
- 3.3.4.5.2 Applications 99
- 3.3.4.6 Wafer-on-Wafer (WoW) 100
- 3.3.4.6.1 Applications 100
- 3.3.1 Wafer Level Chip Scale Packaging 90
- 3.4 WLP Manufacturing Processes 101
- 3.4.1 Wafer Preparation 101
- 3.4.2 RDL Buildup 102
- 3.4.3 Bumping 102
- 3.4.4 Encapsulation 102
- 3.4.5 Integration 103
- 3.4.6 Test and Singulation 103
- 3.5 Wafer Level Packaging Trends 103
- 3.6 Applications of Wafer Level Packaging 105
- 3.6.1 Mobile and Consumer Electronics 105
- 3.6.2 Automotive Electronics 105
- 3.6.3 IoT and Industrial 105
- 3.6.4 High Performance Computing 105
- 3.6.5 Aerospace and Defense 105
- 3.7 Wafer Level Packaging Outlook 106
4 SYSTEM-IN-PACKAGE AND HETEROGENEOUS INTEGRATION 107
- 4.1 Introduction 107
- 4.2 Approaches for heterogenous integration 108
- 4.2.1 Technology Building Blocks 108
- 4.3 SiP Manufacturing Approaches 110
- 4.3.1 2.5D Integrated Interposers 110
- 4.3.2 Multi-Chip Modules 110
- 4.3.3 3D Stacked packages 111
- 4.3.4 Fan-Out Wafer Level Packaging 111
- 4.3.5 Flip Chip Package-on-Package 111
- 4.4 SiP Component Integration 112
- 4.5 Heterogeneous Integration Drivers 112
- 4.6 Trends Driving SiP Adoption 113
- 4.7 SiP Applications 114
- 4.8 SiP Industry Landscape 115
- 4.9 Future Outlook on Heterogeneous Integration 116
- 4.10 CPO (Co-Packaged Optics) 117
- 4.10.1 Co-packaging approaches 118
- 4.10.2 Heterogeneous integration of EIC and PIC 118
- 4.10.3 Interconnect Technology (in CPO) 119
- 4.10.4 Type of couplers 119
- 4.10.5 Advantages and limitations 120
- 4.10.6 CPO technologies, by company 120
- 4.11 IC Substrates 121
5 MONOLITHIC 3D IC 122
- 5.1 Overview 122
- 5.1.1 Transitioning from 2D Systems 122
- 5.1.2 Motivation for developing monolithic 3D manufacturing 122
- 5.1.3 Improved M3D Interconnect Density 122
- 5.1.4 Heterogenous 3D vs Monolithic 3D 124
- 5.1.5 2D Materials 124
- 5.2 Benefits 125
- 5.3 Challenges 126
- 5.4 Future outlook 126
6 MARKETS AND APPLICATIONS 128
- 6.1 Market value chain 128
- 6.1.1 SiP OEM/Designers 129
- 6.1.2 Chiplet OEM/Designer and Chiplet Foundry 129
- 6.1.3 Chiplet Integrator 129
- 6.1.3.1 Integrated Device Manufacturers (IDMs) 130
- 6.1.3.2 Outsourced Semiconductor Assembly and Test (OSAT) Providers 130
- 6.1.4 Material Suppliers 130
- 6.1.5 Equipment Suppliers 130
- 6.1.6 Substrate and PCB suppliers 130
- 6.1.7 EDA Tools Suppliers 130
- 6.1.8 Interposer Foundry 131
- 6.2 Packaging trends by market 131
- 6.2.1 Mobile Devices 132
- 6.2.2 High-Performance Computing (HPC) 132
- 6.2.3 Automotive 133
- 6.2.4 Internet of Things (IoT) 133
- 6.2.5 Consumer Electronics 133
- 6.2.6 Aerospace and Defense 134
- 6.2.7 Medical Devices 134
- 6.3 Design requirements 135
- 6.4 Artificial Intelligence (AI) 136
- 6.4.1 Challenges in AI 136
- 6.4.2 Advanced Packaging Solutions 136
- 6.4.2.1 2.5D and 3D Integration 136
- 6.4.2.2 Chiplet-based Packaging 136
- 6.4.2.3 Wafer-Level Packaging (WLP) 137
- 6.4.3 Addressing AI Challenges through Advanced Packaging 137
- 6.4.3.1 Processing Power 137
- 6.4.3.2 Memory Bandwidth 137
- 6.4.3.3 Energy Efficiency 137
- 6.4.3.4 Scalability 137
- 6.4.4 Applications 138
- 6.4.4.1 Data Center and Cloud Computing 138
- 6.4.4.2 Edge Devices and IoT 138
- 6.4.4.3 Healthcare and Medical Devices 138
- 6.4.4.4 Autonomous Vehicles 138
- 6.5 Mobile Devices 139
- 6.5.1 Challenges 139
- 6.5.2 Advanced Packaging Solutions 139
- 6.5.2.1 System-in-Package (SiP) 139
- 6.5.2.2 Fan-Out Wafer-Level Packaging (FOWLP) 140
- 6.5.2.3 3D IC Packaging 140
- 6.5.2.4 Wafer-Level Chip-Scale Packaging (WLCSP) 140
- 6.5.3 Addressing Challenges through Advanced Packaging 140
- 6.5.3.1 Power Consumption and Thermal Management 140
- 6.5.3.2 Size Constraints 140
- 6.5.3.3 Cost 141
- 6.5.4 Applications 141
- 6.5.4.1 Smartphones 141
- 6.5.4.2 Tablets 141
- 6.5.4.3 Wearables 141
- 6.5.4.4 AR/VR Devices 141
- 6.5.5 Future trends 142
- 6.6 High Performance Computing (HPC) 142
- 6.6.1 Challenges 143
- 6.6.2 Advanced Packaging Solutions for HPC 143
- 6.6.2.1 2.5D and 3D Integration 143
- 6.6.2.2 Hybrid bonding 144
- 6.6.2.3 Multi-Chip Modules (MCMs) 145
- 6.6.2.4 Chiplet-based Architectures 145
- 6.6.2.5 Advanced Interconnect Technologies 145
- 6.6.3 Addressing HPC Challenges through Advanced Packaging 145
- 6.6.3.1 Performance Scaling 145
- 6.6.3.2 Power Consumption 146
- 6.6.3.3 Interconnect Bandwidth 146
- 6.6.3.4 Reliability 147
- 6.6.4 Applications 147
- 6.6.4.1 Supercomputers 147
- 6.6.4.2 Data Center and Cloud Computing 147
- 6.6.4.3 Artificial Intelligence and Machine Learning 147
- 6.6.4.4 Scientific Computing and Simulation 147
- 6.6.4.5 Co-Packaged Optics 148
- 6.6.4.5.1 Network Switch 148
- 6.6.4.5.2 Optical communication in data centers 148
- 6.6.4.5.3 Thermal Management 148
- 6.6.4.5.4 Challenges in CPO 148
- 6.6.4.5.5 Package Structure 149
- 6.6.4.5.6 Fan-Out Embedded Bridge (FOEB) structure 150
- 6.6.4.5.7 Advancing Switching and AI Networks 150
- 6.6.4.5.8 Making on-chip photonics manufacturable 151
- 6.6.5 Thermal Interface Materials 151
- 6.6.6 Future Trends 151
- 6.7 Automotive Electronics 152
- 6.7.1 Challenges 152
- 6.7.2 Advanced Packaging Solutions for Automotive Electronics 153
- 6.7.2.1 System-in-Package (SiP) 153
- 6.7.2.2 Flip-Chip and Wafer-Level Packaging (WLP) 153
- 6.7.2.3 3D Integration and Through-Silicon Vias (TSVs) 154
- 6.7.3 Addressing Automotive Electronics Challenges through Advanced Packaging 154
- 6.7.3.1 ADAS/Autonomous driving systems 154
- 6.7.3.2 Harsh Environment Reliability 154
- 6.7.3.3 Safety and Reliability 155
- 6.7.3.4 Miniaturization and Integration 155
- 6.7.3.5 High-Speed Communication 155
- 6.7.3.6 Thermal Management 155
- 6.7.4 Applications 155
- 6.7.4.1 Advanced Driver Assistance Systems (ADAS) and Autonomous Driving 155
- 6.7.4.1.1 Radar packaging 157
- 6.7.4.2 Electric Vehicle (EV) Power Electronics 157
- 6.7.4.3 Infotainment and Telematics 158
- 6.7.4.4 Sensors and Actuators 158
- 6.7.4.1 Advanced Driver Assistance Systems (ADAS) and Autonomous Driving 155
- 6.7.5 Future Trends 159
- 6.8 Internet of Things (IoT) Devices 160
- 6.8.1 Challenges 160
- 6.8.2 Advanced Packaging Solutions for IoT Devices 160
- 6.8.2.1 Wafer-Level Packaging (WLP) 160
- 6.8.2.2 System-in-Package (SiP) 161
- 6.8.2.3 Fan-Out Wafer-Level Packaging (FOWLP) 161
- 6.8.2.4 3D Packaging and Through-Silicon Vias (TSVs) 161
- 6.8.3 Addressing IoT Device Challenges through Advanced Packaging 161
- 6.8.3.1 Size Constraints 161
- 6.8.3.2 Power Consumption 161
- 6.8.3.3 Cost Pressures 162
- 6.8.3.4 Integration and Functionality 162
- 6.8.3.5 Reliability and Robustness 162
- 6.8.4 Applications 162
- 6.8.4.1 Wearable Devices 162
- 6.8.4.2 Smart Home Devices 163
- 6.8.4.3 Industrial IoT Devices 163
- 6.8.4.4 Medical IoT Devices 163
- 6.8.5 Future Trends 163
- 6.9 5G & 6G Communications Infrastructure 164
- 6.9.1 Challenges 164
- 6.9.2 Trends in 5G and 6G packaging 165
- 6.9.3 Advanced Packaging Solutions for 5G and 6G Communications Infrastructure 165
- 6.9.3.1 Antenna-in-Package (AiP) 165
- 6.9.3.2 System-in-Package (SiP) 166
- 6.9.3.3 3D Packaging and Through-Silicon Vias (TSVs) 167
- 6.9.3.4 Fan-Out Wafer-Level Packaging (FOWLP) 167
- 6.9.4 Addressing 5G and 6G Infrastructure Challenges through Advanced Packaging 167
- 6.9.4.1 High-Frequency Operation 167
- 6.9.4.2 Massive MIMO and Beamforming 168
- 6.9.4.3 Energy Efficiency 169
- 6.9.4.4 Cost and Scalability 169
- 6.9.4.5 Thermal Management 169
- 6.9.5 Applications 169
- 6.9.5.1 Base Stations and Small Cells 169
- 6.9.5.2 Backhaul and Fronthaul Networks 169
- 6.9.5.3 Edge Computing and Network Slicing 170
- 6.9.5.4 Satellite and Non-Terrestrial Networks 170
- 6.9.6 Future Trends 170
- 6.10 Aerospace and Defense Electronics 171
- 6.10.1 Challenges 171
- 6.10.2 Advanced Packaging Solutions for Aerospace and Defense Electronics 172
- 6.10.2.1 3D Packaging and Through-Silicon Vias (TSVs) 172
- 6.10.2.2 Chip-Scale Packaging (CSP) and Wafer-Level Packaging (WLP) 172
- 6.10.2.3 Flip-Chip and Ball Grid Array (BGA) Packaging 172
- 6.10.2.4 Hermetic Packaging and Sealing 172
- 6.10.3 Addressing Aerospace and Defense Electronics Challenges through Advanced Packaging 173
- 6.10.3.1 Size, Weight, and Power (SWaP) Optimization 173
- 6.10.3.2 Harsh Environment Reliability 173
- 6.10.3.3 High Performance and Speed 173
- 6.10.3.4 Long-Term Reliability and Maintainability 173
- 6.10.3.5 Security and Anti-Tamper Features 174
- 6.10.4 Applications 174
- 6.10.4.1 Avionics and Flight Control Systems 174
- 6.10.4.2 Radar and Electronic Warfare Systems 174
- 6.10.4.3 Satellite Communications and Payload Electronics 174
- 6.10.4.4 Missile Guidance and Control Electronics 175
- 6.10.5 Future Trends 175
- 6.11 Medical Electronics 176
- 6.11.1 Challenges 176
- 6.11.2 Advanced Packaging Solutions for Medical Electronics 177
- 6.11.2.1 3D Packaging and Through-Silicon Vias (TSVs) 177
- 6.11.2.2 Wafer-Level Packaging (WLP) and Chip-Scale Packaging (CSP) 177
- 6.11.2.3 Flexible and Stretchable Packaging 177
- 6.11.2.4 Microfluidic Packaging 177
- 6.11.3 Addressing Medical Electronics Challenges through Advanced Packaging 178
- 6.11.3.1 Miniaturization 178
- 6.11.3.2 Biocompatibility 178
- 6.11.3.3 Reliability 178
- 6.11.3.4 Power Efficiency 178
- 6.11.3.5 High Performance 178
- 6.11.4 Applications 179
- 6.11.4.1 Implantable Devices 179
- 6.11.4.2 Wearable Health Monitors 179
- 6.11.4.3 Diagnostic Imaging Equipment 179
- 6.11.4.4 Surgical Robotics and Instruments 179
- 6.11.5 Future Trends 180
- 6.12 Consumer Electronics 181
- 6.12.1 Challenges 181
- 6.12.2 Advanced Packaging Solutions for Consumer Electronics 182
- 6.12.2.1 System-in-Package (SiP) 182
- 6.12.2.2 Fan-Out Wafer-Level Packaging (FOWLP) 182
- 6.12.2.3 3D Packaging and Through-Silicon Vias (TSVs) 182
- 6.12.2.4 Embedded Die Packaging 182
- 6.12.3 Addressing Consumer Electronics Challenges through Advanced Packaging 183
- 6.12.3.1 Miniaturization 183
- 6.12.3.2 Power Efficiency 183
- 6.12.3.3 High Performance 183
- 6.12.3.4 Cost Reduction 183
- 6.12.3.5 Time-to-Market 183
- 6.12.4 Applications 184
- 6.12.4.1 Smartphones and Tablets 184
- 6.12.4.2 Wearables and IoT Devices 184
- 6.12.4.3 Gaming Consoles and VR/AR Devices 184
- 6.12.4.4 Smart Home Devices 184
- 6.12.5 Future Trends 185
- 6.13 Additive manufacturing for advanced packaging 186
- 6.14 Silicon photonics 187
7 GLOBAL MARKET FORECASTS 189
- 7.1 By type 189
- 7.2 By Units & Wafers 190
- 7.3 By end-use market 190
- 7.4 By region 191
- 7.5 3D SoC 192
- 7.6 3D Stacked memory 193
- 7.7 UHD FO / RDL Interposer 193
- 7.8 2.5D Interposers 193
- 7.9 Embedded Si bridge 194
8 MARKET TRENDS 195
- 8.1 Data center 195
- 8.2 AI and Graphics 195
- 8.3 CPU 195
- 8.4 Autonomous vehicles 196
- 8.5 Roadmap 196
- 8.5.1 Interconnect technology trend 196
- 8.5.2 By interconnect density and technology node 197
- 8.5.3 By reticle size 197
- 8.5.4 By front-end vs back-end 198
- 8.5.5 By 2.5D and 3D Technology Trends 198
- 8.5.6 By I/O density, I/O pitch and package size 199
- 8.6 Commercialized Products 199
- 8.6.1 3D Memory 200
- 8.6.2 GPU 200
- 8.6.2.1 Nvidia 200
- 8.6.2.2 AMD 200
- 8.6.2.3 Intel 201
- 8.6.3 AI ASICs 201
- 8.6.3.1 Intel 201
- 8.6.3.2 Google 201
- 8.6.3.3 Amazon 202
- 8.6.3.4 Microsoft 202
- 8.6.3.5 Huawei 202
- 8.6.3.6 Meta 202
- 8.6.4 CPU 202
- 8.6.4.1 AMD 203
- 8.6.4.2 Amazon 203
- 8.6.4.3 Intel 203
- 8.6.4.4 Nvidia 204
- 8.6.5 Networking and CPO switches 204
- 8.6.5.1 Nvidia Quantum-X and Spectrum-X Photonics 204
- 8.6.5.2 Broadcom Tomahawk CPO (Bailly / Davisson) 205
9 MARKET PLAYERS 206
- 9.1 Integrated Device Manufacturers 206
- 9.2 Outsourced Semiconductor Assembly and Test (OSAT) Companies 207
- 9.3 Foundries 209
- 9.4 Electronics OEMs 212
- 9.5 Packaging Equipment and Materials Companies 214
10 MARKET CHALLENGES 216
11 COMPANY PROFILES 218
- 11.1 AaltoSemi 218
- 11.2 Absolic, Inc. 218
- 11.3 ACCRETECH (Europe) GmbH 219
- 11.4 Adeia, Inc. 220
- 11.5 Advanced Micro Devices, Inc. (AMD) 220
- 11.6 Ajinomoto 223
- 11.7 Analog Devices, Inc. (ADI) 224
- 11.8 Amkor Technology 225
- 11.9 Anmuquan Intelligent Technology (AMQ Intelligent) 227
- 11.10 Apple 227
- 11.11 Applied Materials 228
- 11.12 Ardentec Corporation 228
- 11.13 Arieca 229
- 11.14 ARM 230
- 11.15 ASE 230
- 11.16 ASMPT Ltd 232
- 11.17 Ayar Labs 232
- 11.18 Besi 233
- 11.19 Biren Technology 234
- 11.20 Blue Ocean Smart System 235
- 11.21 Brewer Science 236
- 11.22 Broadcom 237
- 11.23 BroadPak 238
- 11.24 Cadence Design Systems 239
- 11.25 Cambricon Technologies Co. 239
- 11.26 Capcon Semiconductor 240
- 11.27 CAS Microelectronics Integration 241
- 11.28 CD Micro-Technology 242
- 11.29 CEA-Leti 242
- 11.30 Cerebras 243
- 11.31 China Wafer Level CSP Co 244
- 11.32 Chipbond Technology Corporation 244
- 11.33 Chipletz 246
- 11.34 ChipMOS Technologies, Inc. 246
- 11.35 Coherent 247
- 11.36 Corning 248
- 11.37 Dai Nippon Printing (DNP) 248
- 11.38 Dewo Advanced Automation (DAA 249
- 11.39 Disco 250
- 11.40 Dupont 250
- 11.41 Ebara 251
- 11.42 Eliyan 252
- 11.43 EMC Semi-Conductor Technology 252
- 11.44 EPS Technology 253
- 11.45 Entegris 254
- 11.46 EV Group 254
- 11.47 GlobalFoundries 255
- 11.48 Global Unichip 256
- 11.49 Gloway 256
- 11.50 Goldenscope Tech 257
- 11.51 Gona Semiconductor Technology 257
- 11.52 Graphcore 258
- 11.53 Greatek Electronics Inc 259
- 11.54 Hangke Chuangxing (Aero Inno-Star) 259
- 11.55 Hanmi Semiconductor 260
- 11.56 HD Microsystems 261
- 11.57 HiSilicon 261
- 11.58 HLMC (Shanghai Huali Microelectronics Corporation) 262
- 11.59 Huatian Huichuang Technology (Xi'an) Co., Ltd. 263
- 11.60 Huawei 263
- 11.61 Ibiden 264
- 11.62 IBM 265
- 11.63 ICLeague Technology Co Ltd 266
- 11.64 IMEC 266
- 11.65 Indium Corporation 267
- 11.66 Infineon Technologies AG 268
- 11.67 Integra 268
- 11.68 Inari Amertron Berhad 269
- 11.69 Intel Corporation 270
- 11.70 JCET Group 272
- 11.71 Jiangsu IC Assembly & Test (ICAT) 273
- 11.72 Jingdu Semiconductor 274
- 11.73 Keyang Semiconductor (KYS) 274
- 11.74 King Yuan Electronics Co., Ltd. 275
- 11.75 Kioxia 275
- 11.76 KyLitho 276
- 11.77 Kyocera 276
- 11.78 Lam Research 277
- 11.79 Lapis Technology 277
- 11.80 LB Semicon Co Ltd 278
- 11.81 Leading Interconnect Semiconductor Technology 278
- 11.82 LG Innotek 279
- 11.83 Lidrotec GmbH 280
- 11.84 Lux Semiconductors 281
- 11.85 Malaysian Pacific Industries Berhad 281
- 11.86 Micron Technology, Inc. 282
- 11.87 Mediatek 282
- 11.88 Micross Components 283
- 11.89 Mitsubishi 284
- 11.90 National Center For Advanced Packaging China (NCAP China) 284
- 11.91 NEC 285
- 11.92 Nvidia Corporation 285
- 11.93 Nepes Corporation 286
- 11.94 Nippon Electric Glass (NEG) 287
- 11.95 Onsemi 288
- 11.96 Orient Semiconductor Electronics Ltd. 288
- 11.97 Panasonic 289
- 11.98 Plan Optik AG 290
- 11.99 Powertech Technology Inc. 291
- 11.100 Pragmatic Semiconductor 291
- 11.101 Qorvo 292
- 11.102 Renesas 293
- 11.103 Rigger Micro Technologies (RMT) 293
- 11.104 Rohm 294
- 11.105 Rong Semiconductor 294
- 11.106 Samsung Electronics 295
- 11.107 Samtec, Inc. 298
- 11.108 Schott AG 298
- 11.109 Sharp 299
- 11.110 Shinko Electric Industries 299
- 11.111 Showa Denko (Resonac) 300
- 11.112 Sigurd Microelectronics Corporation 301
- 11.113 Silicon Box 301
- 11.114 Siliconware Precision Industries (SPIL) 302
- 11.115 SJ Semiconductor 303
- 11.116 SK Hynix 304
- 11.117 Skywater 307
- 11.118 Sony Corporation 307
- 11.119 Starmask 308
- 11.120 STMicroelectronics 309
- 11.121 Suss Microtec 309
- 11.122 Synopsys 310
- 11.123 SZLQ Intelligence (Suzhou Lieqi Intelligent Equipment) 311
- 11.124 Taiwan Semiconductor Manufacturing Company (TSMC) 311
- 11.125 Techsense International 314
- 11.126 Tezzaron Semiconductor 314
- 11.127 Tokyo Electron (TEL) 315
- 11.128 Tongfu Microelectronics Co., Ltd. 315
- 11.129 Toppan 316
- 11.130 Toray 317
- 11.131 Texas Instruments 317
- 11.132 Tokyo Electron 318
- 11.133 Tokyo Seimitsu Co., Ltd. 319
- 11.134 Tong Hsing Electronic Industries, Ltd. 320
- 11.135 Toshiba 320
- 11.136 Tower Semiconductor 321
- 11.137 Unimicron 322
- 11.138 Unisem 322
- 11.139 UTAC Group 323
- 11.140 Walton Advanced Engineering Inc. 324
- 11.141 Winstek Semiconductor Technology Co., Ltd. 324
- 11.142 Xinhe Semiconductor 325
- 11.143 Yibu Semiconductor 326
- 11.144 Yuehai Integrated 326
12 RESEARCH METHODOLOGY 327
13 REFERENCES 328
List of Tables
- Table 1. Evolution of semiconductor packaging. 22
- Table 2. Summary of key advanced semiconductor packaging approaches. 25
- Table 3. Key Technology Trends in Advanced Semiconductor Packaging. 28
- Table 4. Market Growth Drivers for advanced semiconductor packaging. 29
- Table 5. Challenges Facing Advanced Packaging Adoption. 30
- Table 6. Challenges in transistor scaling. 38
- Table 7. Leading-edge logic node roadmap, 2026–2030. 38
- Table 8. Use cases and benefits of using chiplets in semiconductor design. 43
- Table 9. Specifications of interconnection methods. 46
- Table 10. Interconnection technique in semiconductor packaging 47
- Table 11. Passive vs active interposer. 48
- Table 12. Interposer technology comparison 49
- Table 13. Technical challenges of glass interposer 50
- Table 14. Different Interposer material comparison 50
- Table 15. Comparative benchmark overview table of key semiconductor interconnection technologies 51
- Table 16. Die-to-die I/O approaches compared 52
- Table 17. Fan-out packaging process overview. 56
- Table 18. Comparison between mainstream silicon dioxide (SiO2) and leading organic dielectrics for electronic interconnect substrates. 59
- Table 19. Benefits of glass in 2.5D glass-based packaging. 61
- Table 20. Through-glass-via (TGV) formation methods compared. 63
- Table 21. Comparison between key properties of glass and polymer molding compounds commonly used in semiconductor packaging applications. 66
- Table 22. Challenges of glass semiconductor packaging. 67
- Table 23. Comparison between silicon, organic laminates and glass as packaging substrates. 68
- Table 24. Through-glass-via (TGV) formation methods compared (insert after Table 16) 69
- Table 25. 2.5D vs. 3D packaging. 69
- Table 26. 2.5D packaging challenges. 70
- Table 27. Market players in 2.5D packaging. 71
- Table 28. Glass substrate/packaging supplier landscape (2026). 71
- Table 29. Advantages and disadvantages of 3D packaging. 73
- Table 30. W2W vs D2W vs Collective D2W – Process and Comparison. 75
- Table 31. 3D Stacking Trends - Direct Molecular Bonding Technologies. 76
- Table 32. 3D interconnect trends 78
- Table 33. Hybrid bonding Advantages and Challenges. 78
- Table 34. Hybrid Bond Timeline for Chip Makers and Equipment Makers. 79
- Table 35. Comparison between 2.5D, 3D micro bump, and 3D hybrid bonding. 81
- Table 36. Challenges in scaling bumps. 84
- Table 37. Key methods for enabling copper-to-copper (Cu-Cu) hybrid bonding in advanced semiconductor packaging: 85
- Table 38. Micro bumps vs Cu-Cu bumpless hybrid bonding. 85
- Table 39. Panel-level packaging format scaling. 88
- Table 40. Benefits of Wafer-Level Packaging. 88
- Table 41. Types of wafer level packaging. 89
- Table 42. Key trends shaping wafer level packaging. 104
- Table 43. Packaging approaches utilized for assembling System-in-Package modules. 110
- Table 44. Considerations for integrating key component categories into system-in-package (SiP) modules/ 112
- Table 45. Key factors driving adoption of heterogeneous integration through SiPs and multi-die packages. 112
- Table 46. Key trends influencing adoption of System-in-Package modules. 113
- Table 47. System-in-package (SiP) module applications. 115
- Table 48. Co-packaging approaches 118
- Table 49. Type of couplers 119
- Table 50. CPO advantages and limitations 120
- Table 51. Technologies offered by companies 120
- Table 52. Comparison between heterogeneous 3D integration and monolithic 3D integration. 124
- Table 53. Key 2D materials in monolithic 3D integrated circuits. 124
- Table 54. Benefits of monolithic 3D ICs. 125
- Table 55. Challenges of monolithic 3D ICs. 126
- Table 56. Advanced semiconductor packaging trends by market. 131
- Table 57. Design requirements in advanced packaging, by market. 135
- Table 58. TIM candidate benchmark 151
- Table 59. Wide-bandgap power semiconductors compared. 158
- Table 60. Global market for Advanced semiconductor packaging, 2027-2037, by packaging type, (billions USD). 190
- Table 61. Global market for Advanced semiconductor packaging, 2020-2035, by Units & Wafers, (billions USD). 190
- Table 62. Global market for Advanced semiconductor packaging, 2027-2035, by end use market (billions USD). 191
- Table 63. Global market for advanced semiconductor packaging, 2027–2037, by region (billions USD) 192
- Table 64. 3D SoC market, 2027–2037 (billions USD) 192
- Table 65. 3D stacked memory (HBM) packaging market, 2027–2037 (billions USD) 193
- Table 66. UHD FO / RDL interposer market, 2027–2037 (billions USD) 193
- Table 67. 2.5D interposer market, 2027–2037 (billions USD) 193
- Table 68. Large-format 2.5D / CoWoS roadmap. 194
- Table 69. Embedded Si bridge market, 2027–2037 (billions USD) 194
- Table 70. Interconnect technology trend 197
- Table 71. Roadmap By interconnect density and technology node 197
- Table 72. Roadmap By reticle size 198
- Table 73. Roadmap front-end vs back-end 198
- Table 74. Roadmap By 2.5D and 3D Technology Trends 199
- Table 75. Roadmap By I/O density, I/O pitch and package size 199
- Table 76. Main Global Wafer Foundry Companies 2023. 211
- Table 77. Market challenges for advanced semiconductor packaging. 216
- Table 78. AMD AI chip range. 221
- Table 79. Intel's products that adopt 3D FOVEROS. 271
List of Figures
- Figure 1. Timeline of different packaging technologies. 23
- Figure 2. Evolution roadmap for semiconductor packaging. 25
- Figure 3. Semiconductor Supply Chain. 27
- Figure 4. Advanced packaging supply chain. 28
- Figure 5. Scaling technology roadmap. 38
- Figure 6. Wafer-level chip scale packaging (WLCSP) 40
- Figure 7. Embedded wafer-level ball grid array (eWLB). 41
- Figure 8. Fan-out wafer-level packaging (FOWLP). 42
- Figure 9. Chiplet design. 43
- Figure 10. Chiplet SoC. 45
- Figure 11. 2D chip packaging. 53
- Figure 12. Typical structure of 2.5D IC package utilizing interposer. 54
- Figure 13. Fan-out chip-first process flow and Fan-out chip-last process flow. 58
- Figure 14. Manufacturing process for glass interposers. 64
- Figure 15. 3D Glass Panel Embedding (GPE) package. 66
- Figure 16. 3D stacking supply chain. 82
- Figure 17. Typical FOWLP structure. 92
- Figure 18. System-in-Package (SiP) for HI. 107
- Figure 19. 2.5D chiplet integration. 110
- Figure 20. Advanced packaging supply chain. 129
- Figure 21. Packaging of sensors used in advanced driver assistance systems (ADAS) and autonomous driving. 158
- Figure 22. Absolic glass substrate. 219
- Figure 23. AMD Radeon Instinct. 221
- Figure 24. AMD Ryzen 7040. 221
- Figure 25. Alveo V70. 222
- Figure 26. Versal Adaptive SOC. 222
- Figure 27. AMD’s MI300 chip. 222
- Figure 28. 12-layer HBM3. 305
Purchasers will receive the following:
- PDF report download/by email.
- Comprehensive Excel spreadsheet of all data.
- Mid-year Update