Professional Survey of Electronic Circuit Board Level Underfill Material Market: (2017-2027) by Roy · January 16 Qadree Ollison Falcons Jersey , 2019
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A detailed analysis on the electronic circuit board level underfill material market. This analysis includes segment wise intelligence, regional intelligence, competitive intelligence as well as weightage on trends Kendall Sheffield Falcons Jersey , opportunities, drivers and restraints that have influence on the growth of the global market for electronic circuit board level underfill material. According to the acumen gleaned by Future Market Insights, the global electronic circuit board level underfill material is anticipated to grow at a high rate during the assessment period.
During the 2012-2016 timeline, the global electronic circuit board level underfill material market reflected a comparatively slow growth rate Kaleb McGary Falcons Jersey , but it is projected to grow at a CAGR of 5.7% throughout the 2017-2027 timeline. In 2017, it is valued at around US$ 255 Mn and is estimated to reach a value of more than US$ 440 Mn by the end of the year of assessment. The main aspects contributing to the growth of the global electronic circuit board level underfill material market include increasing demand for smartphones, growth in consumer electronics sector, growing investments in electronics sector and increasing focus on electronics miniaturization. . .
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鈥淯nderfill segment to maintain status quo throughout the period of assessment鈥?p>
The underfill segment in the product type category is anticipated to grow at a significant pace in the coming years. This segment reflected a higher market share since past years and dominated the global market during the 2012-2016 timeline. It is likely to continue with this trend in the coming years and maintain its status quo. In 2017 Chris Lindstrom Falcons Jersey , this segment reflected a value of around US$ 147 Mn thus leading the global market. By the end of the year of assessment, this segment is poised to slate a value of more than US$ 260 Mn. The underfill segment is projected to grow at a high value CAGR throughout the forecast period as it is a preferred technology and has a high demand in the flip chips board type. This is the most lucrative segment from both revenue share ad growth perspectives.
鈥淓lectronic Circuit Board Level Underfill Material Market鈥?p>
– Edge bonds to significantly contribute to the growth of the underfill segment
Underfill segment is further categorized into edge bonds and capillary fills sub segments. Of these, the edge bonds sub segment is expected to largely contribute to the market share of the parent segment. This sub segment is estimated to reach valuation of about US$ 165 Mn growing at a high value CAGR of 6.9% during the forecast period. Edge bonds technology is expected to be growing at this high CAGR owing to their low cost, fast processing and better rework ability. EdgeCorner bonding improves the mechanical reliability performance of the board. The capillary fills sub segment is projected to grow at a relatively slow value CAGR of 4.4% during the said period.