Telecommunication industry is presently witnessing its best time as mobile network remains the most used technology. The fate of telecommunication took a massive turn ever since 5G came into the picture. This was because the 5th generation mobile network was undoubtedly better than other network types in terms of enhanced latency, efficiency and reliability. Meanwhile the antenna-in-package (AiP) technology has been taking giant steps on the path of progress with the help of 5G network. This technology is a packaging solution and has antenna that are used in the IC package. This IC package has capability of carrying a bare radio frequency chip (RF chip). 5G mmWave antenna-in-package (AiP) technology is being used extensively because of multiple advantages it possess. While there is shorter interconnection in between the RF chip and the antenna, the AiP technology provides better signal integrity that too at decreased attenuation of the signal. Another benefits this technology brings along is that it reduces the difficulty levels that come with designs in the development of the product. All these factors contribute to the growth of the global 5G mmWave antenna-in-package (AiP) technology market.
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The coronavirus pandemic pulled back the global 5G mmWave antenna-in-package (AiP) technology market from the path of development. This market incurred huge losses owing to various factors like trade restrictions imposed in the times of pandemic. One of the biggest factors that massively contributes to the growth of the global 5G mmWave antenna-in-package (AiP) technology market is increasing demand for miniaturization in consumer electronics industry.
Meanwhile, the complex manufacturing process is the reason which plays hindrance in the growth of the global 5G mmWave antenna-in-package (AiP) technology market. This complex process of production consumes more time, which ultimately increases number of other overheads. On the other hand, the global 5G mmWave antenna-in-package (AiP) technology market is forecasted to make tremendous growth over the period of forecast courtesy of growth that is being made by Internet of Things (IoT) devices. In terms of CAGR, the global 5G mmWave antenna-in-package (AiP) technology market is growing at an estimated 32% over the forecast period (2022 – 2030).
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By Technology, Flip Chip Ball Grid Array (FCBGA) based AiP segment will witness growth at fastest rate for The Global 5G mmWave Antenna-In-Package (AiP) Technology Market in 2022
Flip chip ball grid array (FCBGA) based AiP is mainly designed at or below 28 GHz, and this is why it is extensively used in various devices. This is the reason why this segment has edge over other segments.
Asia Pacific Region to witness fastest growth for this market Over the Forecast Period (2022 – 2030) in the Global 5G mmWave Antenna-In-Package (AiP) Technology Market
The region of Asia Pacific is witnessing massive growth in the field of telecommunication as number of people using 5G services in countries like India and China are growing each passing day. Similar to several other markets, the global 5G mmWave antenna-in-package (AiP) technology market has found a great market place in this region.
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Some of the major players operating in the Global 5G mmWave antenna-in-package (AiP) technology market are listed below:
- 3D Glass Solutions
- Amkor Technology
- ASE Group
- MixComm Inc.
- Murata Manufacturing Co. Ltd.
- Powertech Technology Inc.
- TMY Technology Inc
- Other Market Participants
Global 5G mmWave Antenna-In-Package (AiP) Technology Market Segmentation
Global 5G mmWave Antenna-In-Package (AiP) Technology Market has been segmented by technology, frequency, application and region which are further classified into respective countries:
Global 5G mmWave Antenna-In-Package (AiP) Technology Market Technology Outlook (Revenue, USD Million, 2019 - 2030)
- Flip Chip Ball Grid Array (FCBGA) based AiP
- Fan-Out AiP
- Others
Global 5G mmWave Antenna-In-Package (AiP) Technology Market Frequency Outlook (Revenue, USD Million, 2019 - 2030)
- Below 28 GHz
- 29 GHz to 74 GHz
- More than 75 GHz
Global 5G mmWave Antenna-In-Package (AiP) Technology Market Application Outlook (Revenue, USD Million, 2019 - 2030)
- Smartphones
- Wearable
- Cameras
- ADAS/ Autonomous Driving and Automotive Electronics
- Others
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Global 5G mmWave Antenna-In-Package (AiP) Technology Market Regional Outlook (Revenue, USD Million, 2019 - 2030)
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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