Research and Markets has announced the addition of the "Global
Semiconductor Chip Packaging Market 2017-2021" report to their
The global semiconductor chip packaging market to grow at a CAGR of
31.1% during the period 2017-2021.
Global Semiconductor Chip Packaging Market 2017-2021, has been prepared
based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the
coming years. The report also includes a discussion of the key vendors
operating in this market.
The growth in the applications of semiconductor chips in industries such
as the power, energy, medical, electric vehicles, automobiles,
networking and telecommunications, consumer applications, military,
aerospace and defense, motor control applications, and robotics is
driving the market. Thus, the market for packaging equiment is expected
to gain substantial ground during the forecast period, as packaged chips
are used to improve functionality and performance of the devices in
which they are applied.
According to the report, the demand for semiconductor chips and memory
devices from consumer electronics is increasing due to the growing
popularity of IoT-connected devices. Due to its cyclical nature, the
semiconductor industry slowed down in 2016. The Chinese economy is also
growing at a sluggish rate.
For more information about this report visit http://www.researchandmarkets.com/research/rzvvdm/global
View source version on businesswire.com: http://www.businesswire.com/news/home/20170314006235/en/
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