Multi-chip Module Market Size and Forecast by 2027 with key players like Texas Instruments, Infineon Technologies, STMicroelectronics, Intel, SK Hynix Inc., Samsung Electronics, Micron Technology,

Multi-chip Module Ma

iCrowdNewswire   Jan 14, 2021  11:35 AM ET

Multi-chip module is an integral part of modern electronic systems which contains up to five chips. These chips are connected via wirebonds to a multilayer circuit board & a molded encapsulant is used for its protection. Multi-chip module provide high-integration density, better performance, and low power consumption.

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Market Drivers
The increase in demand for semiconductor products having low electromagnetic interference and high capacitance is expected to boost the global multi-chip module market growth. Furthermore, the growth of IoT create requirements for memory, which further positively influence the multi-chip module market growth during this forecast timeline. Also, the growth of connected cars is expected to witness massive demand for a multi-chip module during this forecast period. Moreover, advent of power efficient and smarter connecting devices such as smart TV and different home automation products is also anticipated to fuel the market growth. In addition, the growing need of consumer electronics manufacturers to minimize manufacturing cost of the product is also propel the demand of multi-chip module in near future.

Market Restraints
High initial cost is the major challenging factor which expected to hinder the global multi-chip module market growth over the forecast period. Also, cyclical nature of semiconductor industry may hamper the market growth.

Market Key Players
Various key players are discussed in this report such as Texas Instruments, Infineon Technologies, STMicroelectronics, Intel, SK Hynix Inc., Samsung Electronics, Micron Technology, Macronix International Co., Ltd., Cypress Semiconductor Corporation, and Tektronix, Inc.etc.

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Market Taxonomy
By Type
• NAND-Based MCP
• NOR-Based MCP
• eMCP
• uMCP
By End User
• Automotive
• Consumer Electronics
• Healthcare
• Aerospace & Defense
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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