Flip Chip Market Regional Analysis:
APAC Market Insights
Asia Pacific industry is estimated to account for largest revenue share of 33% by 2035. This growth is set to be influenced by the rising number of semiconductor industries in this region. Additionally, this region also consists of key manufacturers in the field of flip chips.
Moreover, the production of automobiles such as self-driving cars and electric vehicles. is surging in this region. Hence, the adoption of flip chips in autonomous cars is surging further boosting market growth. Furthermore, various initiatives have been launched by the government to encourage the sale of electric vehicles which is also projected to encourage market growth.
North American Market Insights
By the end of 2035, North America region in flip chip market is set to dominate around 27% revenue share. This growth could be owing to rising demand for wearables. In the US, over 39% of survey people between the ages of 35 and 54 in 2021 reported using wearable technology, such as activity trackers and smartwatches.
Also, the use of flip chips is growing in healthcare applications owing to the growing investment in advancing healthcare technology in this region.
