With 20.4% CAGR, 3D Stacking Market Growth to Surpass USD 3.1 billion
The 3D stacking market is estimated to be worth USD 1.2 billion in 2023 and is projected to reach USD 3.1 billion by 2028, at a CAGR of 20.4% during the forecast period. The cost advantage offered by 3D stacking technology is a major factor driving the growth of 3D stacking market globally. Moreover, rapid expansion of semiconductor applications across various industries is also an important factor contributing to the market growth.
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The emergence of monolithic 3D IC and the advancement of
other technological trends have resulted in the increased adoption of 3D
stacking technology. Monolithic 3D IC technology has evolved from early
research to commercialization, offering improved performance and integration,
but faces challenges in cost and design complexity. It finds applications in
diverse industries and is a key driver of advanced semiconductor stacking.
Automotive industry is a major market for 3D stacking. The
automotive sector is witnessing a paradigm shift with the rapid adoption of 3D
stacking technology. The industry is undergoing a transformation driven by the
proliferation of electric vehicles, advancements in autonomous driving
technologies, and the increasing integration of electronic systems for improved
safety and infotainment. 3D stacking addresses the automotive industry's demand
for compact yet powerful electronic systems by enabling the integration of
diverse sensors, processors, and memory units within a limited space.
The growth in 3D stacking for MEMS & sensors can be
attributed to the increasing need for compact and accurate sensing technologies
across industries. 3D stacking optimizes sensor integration, enabling multiple
sensors to coexist in a compact space, enhancing precision and expanding the
application areas of MEMS & sensors. The automotive industry has adopted
MEMS sensors to boost performance, save costs, and increase reliability.
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Key players in the 3D stacking market are Samsung (South
Korea), Taiwan Semiconductor Manufacturing Company, Ltd. (Taiwan), Intel
Corporation (US), SK HYNIX INC. (South Korea), ASE (Taiwan), Amkor Technology
(US), Broadcom (US), Texas Instruments Inc. (US), United Microelectronics
Corporation (Taiwan), JCET Group Co., Ltd. (China) and Powertech Technology
Inc. (Taiwan). These players not only have a comprehensive and diverse product
portfolio, but also have a strong geographic presence. These players can focus
on developing innovative 3D stacking solutions owing to the emergence of new
application areas for 3D stacking market.
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