Highly customized, application-specific offering and unique wafer level packaging platform is expected to drive the growth of the ball bonder machine market
The ball bonder machine market worldwide is projected to grow with a CAGR of 3.8% over the forecast period from 2023 to 2030, starting from US$ 1049.39 Mn in 2020. With the beginning of the new packaging technology such as TSV packaging and MEMs packaging has transformed the overall manufacturing landscape of semiconductor industry. Therefore, the equipment manufacturing companies have to carry out significant investment for the purpose of ensuring they make devices of the latest technologies. Continuously increasing complexity of consumption and production process, of the additional time & also the growing probability of defects is projected to hamper the ball bonder machine market growth rate up to some extent during the forecast period. Despite these challenges, rising use of the 3D chip packaging have augmented the ball bonder machine market growth considerably.
IDMs to Continue Dominating the Market
Among various applications, IDMs is projected to witness the highest CAGR during forecast period because of the fact that speedy increase in the number of IDMs vendors which uses the wire bonder equipment for the purpose of advance chip manufacturing. Furthermore, increasing production capacity and the constant technological innovation in the packaging technique is also one of the key driving factor of the ball bonder machine market. Nevertheless, rising research & development actions and the adoption of the innovative technologies by the semiconductor packaging business is also projected to fuel the growth of the market.
Asia Pacific to Register the Fastest Growth
Asia Pacific ball bonder machine market is estimated to witness very high growth rate during forecast period because of the high investment made by vendors towards the technological development of the chip fabrication process. Consumer electronics market in the Asia Pacific is expected grow ominously during the forecast duration. This in turn, will drive the growth of semiconductor market & trigger the market demand for the semiconductor manufacturing & packaging equipment like ball bonder equipment. Rise in the design complexities like the slimmer version, use of the metallic case, and the larger displays in the smartphones and the other electronics has cut down the space for the semiconductor components and hence driving the market in APAC for ball bonder machines.
Some of the major companies profiled in the report include Kulicke & Soffa, ASM Pacific Technology, KAIJO, SHINKAWA, F&K, Hesse, ULTRASONIC ENGINEERING, MICRO POINT PRO, Planar, West-Bond, Questar Products, TPT, PALOMAR, Mech-El Industries, Anza Technology among others.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Ball Bonder Machine market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report