The Advanced Packaging Industry is expected to see significant growth by the year 2024, according to a report by Yole Group. This industry plays a crucial role in the development of advanced technologies, such as 5G, artificial intelligence, and Internet of Things.
One key trend driving this growth is the increasing demand for smaller, faster, and more powerful electronic devices. As consumers continue to seek out products with enhanced features and capabilities, the need for advanced packaging solutions will only continue to rise.
Additionally, advancements in materials and processes are enabling the development of new packaging technologies that offer improved performance and reliability. This includes technologies such as fan-out wafer-level packaging, 3D packaging, and system-in-package solutions.
The automotive industry is also expected to drive growth in the advanced packaging sector, particularly as the demand for electric vehicles and autonomous driving technologies continues to increase.
Overall, the future of the Advanced Packaging Industry looks promising, with continued innovation and advancements expected to drive growth and development in the coming years.