PUBLISHER: Polaris Market Research | PRODUCT CODE: 1462993
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1462993
The global chiplets market size is expected to reach USD 1,660.65 billion by 2032, according to a new study by Polaris Market Research. The report "Chiplets Market Share, Size, Trends, Industry Analysis Report, By Processor; By Packaging Technology; By Industry Vertical; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis of future market growth.
The increasing need for chiplets across the consumer electronics sector, expanding the number of data centers, and growing demand for lighter and thinner designs of portable laptops are driving the chiplets market growth. Moreover, the benefits of chiplet technology, including reduced manufacturing costs, improvement in yield rates, development of different components parallel, and enhanced performance, will contribute to the market growth throughout the forecast period.
Rising industry demand for high-performance computing (HPC) servers, the increasing utilization of innovative packaging technologies, and growing industrial focus on research & development activities for the usage of chiplets in the automotive sector are projected to drive the overall market growth during the forecast timeframe. For instance, in January 2024, Intel Corportion announced its intention to collaborate with an R&D hub named IMEC, to ensure Intel's advanced chiplet packaging technologies satisfy the stringent quality and reliability requirements required for automotive use cases.
The launch of new products with the incorporation of chiplet technology coupled with the growing adoption of high-performance computing (HPC) servers will prove beneficial for the growth of chiplets market. Moreover, the growth of the semiconductor industry and the increasing use of chiplets for viewing higher quality video content on smart TVs are fueling the market demand. Furthermore, the growing adoption of 5G technology and an increasing shift of buyers from monolithic designs to chiplets are projected to impact the global chiplets market positively during the forecast timeframe.
The Central Processing Unit (CPU) segment is expected to witness significant growth, owing to the increasing need for CPUs in a wide range of applications.
The 2.5D/3D segment dominated the market, owing to the benefits of this technology in achieving high package density and energy efficiency.
The consumer electronics segment held a significant market share, owing to the growing demand for electronic products with chiplet technology.
Asia Pacific dominated the chiplets market, owing to the rapid growth of the consumer electronics industry and increasing funding for research & development activities.
The market players include Intel Corporation, Advanced Micro Devices, Inc. (AMD), Apple Inc., Marvell, IBM, MediaTek, NVIDIA Corporation, & Ranovus.
Polaris Market Research has segmented the chiplets market report based on processor, packaging technology, application, and region: