IC Substrate in the Global PCB Market: Trends, Opportunities and Competitive Analysis [2023-2028]

IC Substrate in PCB Market Trends and Forecast
 
The future of IC substrate in the global PCB market looks promising with opportunities in the tablet PC, smartphone, laptop, and wearable device applications. The global PCB market in terms of IC substrate usage is expected to reach an estimated $15.3 billion by 2028 with a CAGR of 14.2% from 2023 to 2028. The major drivers for this market are increasing acceptance of advanced packaging technologies, such as wafer-level packaging and flip-chip packaging, increasing popularity of smart wearable, like smart watches and fitness bands, and growing trend of miniaturization.
 
 
A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below. To learn the scope, benefits, companies researched, and other details of IC substrate in the global PCB market report, please download the report brochure.
 
 
IC Substrate in PCB Market by Segment
The study includes trends and forecast for IC substrate in the global PCB market by type, application, and region, as follows:
 
IC Substrate in PCB Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:

IC Substrate in PCB Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

IC Substrate in PCB Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

List of IC Substrate in PCB Companies
 
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, IC substrate companies in the PCB market cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of IC substrate companies in the PCB market profiled in this report include- 

IC Substrate in PCB Market Insights

Features of IC Substrate in PCB Market

FAQ
Q1. What is IC substrate in PCB market size?
Answer: The global PCB market in terms of IC substrate usage is expected to reach an estimated $15.3 billion by 2028.
Q2. What is the growth forecast for IC substrate in PCB market?
Answer: The global PCB market in terms of IC substrate usage is expected to grow with a CAGR of 14.2% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of IC substrate in PCB market?
Answer: The major drivers for this market are increasing acceptance of advanced packaging technologies, such as wafer-level packaging and flip-chip packaging, increasing popularity of smart wearable’s like smart watches and fitness bands, and growing trend of miniaturization.
Q4. What are the major segments for IC substrate in PCB market?
Answer: The future of IC substrate in the global PCB market looks promising with opportunities in the tablet PC, smartphone, laptop, and wearable device markets.
Q5. Who is the key IC substrate in PCB companies?
Answer: Some of the key IC substrate in PCB companies are as follows:

Q6. Which IC substrate in PCB segment will be the largest in future?
Answer: Lucintel forecasts that FC BGA is expected to remain the larger type segment over the forecast period due to its capability of routing density and ability to be customized for maximum electrical performance.
Q7. In IC substrate in PCB market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to significantly growing electronics industry, increasing trend of advanced packaging technologies, and presence of the well-established semiconductor and electronics players in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 
This report answers following 11 key questions
 
Q.1.     What are some of the most promising, high-growth opportunities for IC       substrate in the global PCB market by type (FC BGA and FC CSP), application (tablet PC, smartphones, laptops, wearable devices, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2.     Which segments will grow at a faster pace and why?
Q.3.     Which region will grow at a faster pace and why?
Q.4.     What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5.     What are the business risks and competitive threats in this market?
Q.6.     What are the emerging trends in this market and the reasons behind them?
Q.7.     What are some of the changing demands of customers in the market?
Q.8.     What are the new developments in the market? Which companies are leading these developments?
Q.9.     Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10.   What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11.   What M&A activity has occurred in the last five years and what has its impact been on the industry?