Multi-chip Module Market Research Report – Global Forecast till 2027

Multi-chip Module Market Research Report, By Type (NAND-based MCP, NOR-based MCP, eMCP, and uMCP), Industry Vertical (Consumer Electronics, Automotive, Medical Devices, and Aerospace and Defense) and Region — Forecast till 2027

ID: MRFR/SEM/5911-HCR | February 2021 | Region: Global | 100 pages

Market Synopsis


Globally, the multi-chip module market is expected to grow from USD XX.XX billion in 2018 to USD XX.XX billion by 2023, at a CAGR of 6.1% during the forecast period, 2018–2023.


Multi-chip module technology is one of the key innovations in the area of chip packaging where multiple ICs are incorporated into a single device. Strong need for small chip modules to improve device operation while managing its weight and size is the key driving factor for the multi-chip module market. It is an evolution of electronic industry towards next-generation miniaturization and microelectronic systems. However, lack of technical expertise and continuous innovation in the chip manufacturing processes, resulting into development of alternate products act as major restraining factors for the growth of the multi-chip module market.


The advantages offered by a multi-chip module are short distance between ICs that help in improving performance of the device while managing its size and weight, lower power supply requirement, greater miniaturization, and lower cost. Multi-chip module has diverse application areas, such as RF wireless modules, portable electronics, servers, power amplifiers, LED packages, wearable computers, and high-power communication devices. Moreover, manufacturing of the product can be customized to meet the diverse requirement of various end-users.


Although, multi-chip Module units are used in multiple industries but some of its prominent industry verticals include consumer electronics, medical devices, automotive, and aerospace and defense. The consumer electronics segment is expected to have the largest adoption of multi-chip module units. Automotive industry vertical is expected to grow with the highest CAGR from 2018 to 2023. The reason for fastest growth of the automotive industry vertical can be attributed to the growing connected car and vehicle infotainment systems market.


Global Multi-chip Module Market


Multi-chip Module Market


Source: MRFR Analysis


Segmentation.


The global multi-chip module market is segmented into type, industry vertical, and regions/country.


By type, the market is segmented into NAND-based MCP, NOR-based MCP, eMCP, and uMCP.


By industry vertical, the market is segmented into consumer electronics, automotive, medical devices, aerospace and defense, and others.


By region, the market is segmented into North America, Europe, Asia-Pacific and the rest of the world.


Regional Analysis


The global market for multi-chip module is estimated to grow at a moderate rate during the forecast period from 2018 to 2023. The geographical analysis of global multi-chip module market is studied for North America, Europe, Asia-Pacific, and rest of the world.


Asia Pacific is expected to dominate the global multi-chip module market during the forecast period. The region is considered as the most potential region in terms of development and adoption of multi-chip modules and respective electronic products. It has a huge potential for revenue generation in the multi-chip module market, particularly from consumer electronics industry vertical. China is expected to be the dominating country in the multi-chip module market in Asia-Pacific region during the forecast period.


North America is expected to grow at the fastest rate during the forecast period. Innovative technologies and presence of many leading vendors in the region are some of the driving factors for the multi-chip module market in the region.


Competitive Analysis


The global multi-chip module market consists of various listed as well as privately held semiconductor and electronics manufacturers. These companies mostly follow both organic and inorganic growth approaches through product upgrades, partnerships, and collaborations to offer cost-efficient and very small-sized multi-chip modules. The prominent players are mainly focused on developing competitive products to penetrate into various end-verticals. Additionally, improvements of the global economic scenario combined with advances in technology have rendered the market competitive. The competitive environment in the market is likely to intensify further due to the increasing service extensions, technology innovation, and strategies such as mergers and acquisitions.


Key players


The prominent players in multi-chip module market are SK HYNIX INC. (South Korea), Palomar Technologies (US), Infineon Technologies (US), Samsung Electronics (South Korea), STMicroelectronics (Switzerland), Micross (US), Cypress Semiconductor (US), Macronix International Co., Ltd. (Taiwan), TEKTRONIX, INC. (US), and Texas Instruments (US).


Intended Audience



  • Multi-chip module vendors

  • Electronic product manufacturers

  • Standard making bodies

  • End Verticals

  • OEMs

  • Distributors and Value-added Resellers (VARs)

  • Research Organizations

  • Semiconductor manufacturers

  • System Integrators



Report Scope:
Report Attribute/Metric Details
  Market Size   Significant Value
  CAGR   6.1%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Industry Vertical
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   SK HYNIX INC. (South Korea), Palomar Technologies (US), Infineon Technologies (US), Samsung Electronics (South Korea), STMicroelectronics (Switzerland), Micross (US), Cypress Semiconductor (US), Macronix International Co., Ltd. (Taiwan), TEKTRONIX, INC. (US), and Texas Instruments (US)
  Key Market Opportunities   Innovative technologies and presence of many leading vendors.
  Key Market Drivers   Strong need for small chip modules to improve device operation while managing its weight and size.


Frequently Asked Questions (FAQ) :


The market can achieve a healthy growth rate of 6.1% in the coming years.

Wearable computers, portable electronics, LED packages, RF wireless modules, power amplifiers, servers, high-power communication devices, are the application areas of multi-chip modules.

Medical devices, consumer electronics, aerospace and defense and automotive are the prominent industry verticals mentioned in the report.

The automotive vertical will generate the highest market demand in the years ahead.

North America is expected to progress at the fastest pace.

Table of Contents

1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope of the Study

2.3 List of Assumptions

2.4 Market Structure

3 Market Insights

4 Research Methodology

4.1 Research Process

4.2 Primary Research

4.3 Secondary Research

4.4 Market Size Estimation

4.5 Forecast Model

5 Market Outlook

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.2 Restraints

5.2.3 Opportunities

5.2.4 Challenges

5.3 Value Chain Analysis

5.4 Porter’s Five Forces Model

5.4.1 Threat of New Entrants

5.4.2 Bargaining Power of Suppliers

5.4.3 Bargaining Power of Buyers

5.4.4 Threat of Substitutes

5.4.5 Intensity of Rivalry


6 Global Multi-chip Module Market, By Type

6.1 Overview

6.2 NAND-based MCP

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, By Region/Country, 2020-2027

6.3 NOR-based MCP

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, By Region/Country, 2020-2027

6.4 eMCP

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast, By Region/Country, 2020-2027

6.5 uMCP

6.5.1 Market Estimates & Forecast, 2020-2027

6.5.2 Market Estimates & Forecast, By Region/Country, 2020-2027

7 Global Multi-chip Module Market, By Industry Vertical

7.1 Overview

7.2 Consumer Electronics

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, By Region/Country, 2020-2027

7.3 Automotive

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast, By Region/Country, 2020-2027

7.4 Medical Devices

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast, By Region/Country, 2020-2027

7.5 Aerospace and Defense

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast, By Region/Country, 2020-2027

7.6 Others

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast, By Region/Country, 2020-2027

8 Global Multi-chip Module Market, By Region

8.1 Overview

8.2 North America

8.2.1 Market Estimates & Forecast, By Country, 2020-2027

8.2.2 Market Estimates & Forecast, By Type, 2020-2027

8.2.3 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.2.4 US

8.2.4.1 Market Estimates & Forecast, By Type, 2020-2027

8.2.4.2 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, By Type, 2020-2027

8.2.5.2 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.2.6 Mexico

8.2.6.1 Market Estimates & Forecast, By Type, 2020-2027

8.2.6.2 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, By Country, 2020-2027

8.3.2 Market Estimates & Forecast, By Type, 2020-2027

8.2.3 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, By Type, 2020-2027

8.3.4.2 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.3.5 UK

8.3.5.1 Market Estimates & Forecast, By Type, 2020-2027

8.3.5.2 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.3.6 France

8.3.6.1 Market Estimates & Forecast, By Type, 2020-2027

8.3.6.2 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.3.7 Rest of Europe

8.3.7.1 Market Estimates & Forecast, By Type, 2020-2027

8.3.7.2 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, By Country, 2020-2027

8.4.2 Market Estimates & Forecast, By Type, 2020-2027

8.4.3 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.4.4 China

8.4.4.1 Market Estimates & Forecast, By Type, 2020-2027

8.4.4.2 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.4.5 Japan

8.4.5.1 Market Estimates & Forecast, By Type, 2020-2027

8.4.5.2 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.4.6 India

8.4.6.1 Market Estimates & Forecast, By Type, 2020-2027

8.4.6.2 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.4.7 Rest of Asia Pacific

8.4.7.1 Market Estimates & Forecast, By Type, 2020-2027

8.4.7.2 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.5 Rest of the World

8.5.1 Market Estimates & Forecast, By Country, 2020-2027

8.5.2 Market Estimates & Forecast, By Type, 2020-2027

8.5.3 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.5.4 Middle East and Africa

8.5.4.1 Market Estimates & Forecast, By Type, 2020-2027

8.5.4.2 Market Estimates & Forecast, By Industry Vertical, 2020-2027

8.5.5 Latin America

8.5.5.1 Market Estimates & Forecast, By Type, 2020-2027

8.5.5.2 Market Estimates & Forecast, By Industry Vertical, 2020-2027

9 Competitive Landscape

9.1 Competitive Scenario

9.1.1 Competitive Benchmarking of the Multi-chip Module Market

10 Company Profiles

10.1 SK HYNIX INC.

10.1.1 Company Overview

10.1.2 Financial Overview

10.1.3 Product Offerings

10.1.4 Key Developments

10.1.5 SWOT Analysis

10.1.6 Key Strategy

10.2 Palomar Technologies

10.2.1 Company Overview

10.2.2 Financial Overview

10.2.3 Product Offerings

10.2.4 Key Developments

10.2.5 SWOT Analysis

10.2.6 Key Strategy

10.3 Infineon Technologies

10.3.1 Company Overview

10.3.2 Financial Overview

10.3.3 Product Offerings

10.3.4 Key Developments

10.3.5 SWOT Analysis

10.3.6 Key Strategy

10.4 Samsung Electronics

10.4.1 Company Overview

10.4.2 Financial Overview

10.4.3 Product Offerings

10.4.4 Key Developments

10.4.5 SWOT Analysis

10.4.6 Key Strategy

10.5 STMicroelectronics

10.5.1 Company Overview

10.5.2 Financial Overview

10.5.3 Product Offerings

10.5.4 Key Developments

10.5.5 SWOT Analysis

10.5.6 Key Strategy

10.6 Micross

10.6.1 Company Overview

10.6.2 Financial Overview

10.6.3 Product Offerings

10.6.4 Key Developments

10.6.5 SWOT Analysis

10.6.6 Key Strategy

10.7 Cypress Semiconductor

10.7.1 Company Overview

10.7.2 Financial Overview

10.7.3 Product Offerings

10.7.4 Key Developments

10.7.5 SWOT Analysis

10.7.6 Key Strategy

10.8 Macronix International Co., Ltd.

10.8.1 Company Overview

10.8.2 Financial Overview

10.8.3 Product Offerings

10.8.4 Key Developments

10.8.5 SWOT Analysis

10.8.6 Key Strategy

10.9 TEKTRONIX, INC.

10.9.1 Company Overview

10.9.2 Financial Overview

10.9.3 Product Offerings

10.9.4 Key Developments

10.9.5 SWOT Analysis

10.9.6 Key Strategy

10.10 Texas Instruments

10.10.1 Company Overview

10.10.2 Financial Overview

10.10.3 Product Offerings

10.10.4 Key Developments

10.10.5 SWOT Analysis

10.10.6 Key Strategy


LIST OF TABLES

Table1 Global Multi-chip Module Market, By Region, 2020-2027

Table2 North America Multi-chip Module Market, By Country, 2020-2027

Table3 Europe Multi-chip Module Market, By Country, 2020-2027

Table4 Asia-Pacific Multi-chip Module Market, By Country, 2020-2027

Table5 Rest of the World Multi-chip Module Market, By Country, 2020-2027

Table6 Global Multi-chip Module Market, By Type, By Region, 2020-2027

Table7 North America Multi-chip Module Market, By Type, By Country, 2020-2027

Table8 Europe Multi-chip Module Market, By Type, By Country, 2020-2027

Table9 Asia-Pacific Multi-chip Module Market, By Type, By Country, 2020-2027

Table10 Rest of the World Multi-chip Module Market, By Type, By Country, 2020-2027

Table11 Global Multi-chip Module Market, By Industry Vertical, By Region, 2020-2027

Table12 North America Multi-chip Module Market, By Industry Vertical, By Country, 2020-2027

Table13 Europe Multi-chip Module Market, By Industry Vertical, By Country, 2020-2027

Table14 Asia-Pacific Multi-chip Module Market, By Industry Vertical, By Country, 2020-2027

Table15 Rest of the World Multi-chip Module Market, By Industry Vertical, By Country, 2020-2027


LIST OF FIGURES

FIGURE 1 Global Printed Electronics, Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Multi-chip Module Market

FIGURE 4 Value Chain of Global Multi-chip Module Market

FIGURE 5 Share of Global Multi-chip Module Market by Country, 2020

FIGURE 6 Global Multi-chip Module Market, 2020-2027

FIGURE 7 Global Multi-chip Module Market Size, By Type, 2020 TO 2027

FIGURE 8 Share of Global Multi-chip Module Market, By Type, 2020

FIGURE 9 Global Multi-chip Module Market Size, by Industry Vertical, 2020 TO 2027

FIGURE 10 Share of Global Multi-chip Module Market, by Industry Vertical, 2020

FIGURE 11 North America Multi-chip Module Market Size, By Type, 2020 TO 2027

FIGURE 12 Share of North America Multi-chip Module Market, By Type, 2020

FIGURE 13 North America Multi-chip Module Market Size, by Industry Vertical, 2020 TO 2027

FIGURE 14 Share of North America Multi-chip Module Market, by Industry Vertical, 2020

FIGURE 15 Europe Multi-chip Module Market Size, By Type, 2020 TO 2027

FIGURE 16 Share of Europe Multi-chip Module Market, By Type, 2020

FIGURE 17 Europe Multi-chip Module Market Size, by Industry Vertical, 2020 TO 2027

FIGURE 18 Share of Europe Multi-chip Module Market, by Industry Vertical, 2020

FIGURE 19 Asia-Pacific Multi-chip Module Market Size, By Type, 2020 TO 2027

FIGURE 20 Share of Asia-Pacific Multi-chip Module Market, By Type, 2020

FIGURE 21 Asia-Pacific Multi-chip Module Market Size, by Industry Vertical, 2020 TO 2027

FIGURE 22 Share of Asia-Pacific Multi-chip Module Market, by Industry Vertical, 2020

FIGURE 23 Rest of the World Multi-chip Module Market Size, By Type, 2020 TO 2027

FIGURE 24 Share of Rest of the World Multi-chip Module Market, By Type, 2020

FIGURE 25 Rest of the World Multi-chip Module Market Size, by Industry Vertical, 2020 TO 2027

FIGURE 26 Share of Rest of the World Multi-chip Module Market, by Industry Vertical, 2020