BGA Solder Ball Market is estimated to be US$ 509.3 million by 2032; Rising Adoption of Advanced Manufacturing Processes to Propel Market Growth

Published Date: May 2023

BGA Solder Ball is a type of surface mount technology used for packaging integrated circuits. BGA packages have an array of solder balls located on the bottom of the package, which are used to electrically connect the integrated circuit to the printed circuit board. The solder balls used in BGA packages are typically made of a lead-free alloy, which is melted during the reflow process to form a permanent bond between the BGA package and the printed circuit board. The size and spacing of the solder balls vary depending on the package size and the number of pins that need to be connected.

The demand for higher performance, smaller size, and increased reliability in electronic devices has driven the growth of BGA Solder Ball technology, making it one of the most popular surface mount technologies used today. BGA packages are compatible with automated assembly processes, allowing for faster and more efficient manufacturing that has further facilitated the demand for BGA Solder Ball Market growth in coming years.

The report “BGA Solder Ball Market, By Type (Lead Solder Ball and Lead Free Solder Ball), By Application (Lead-Free BGA Package and Lead BGA Package), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

 Key Highlights:

  • In October 2021, Showa Denko Materials launched mass production of "MCL-E-795G," a core component with a very low CTE for an FC-BGA package substrate. The laminate material is a cutting-edge functional laminate for printed circuit boards. excellent-performance computing (HPC) and massive servers used in data centers demand semiconductor package substrates with excellent heat resistance and low warpage, both of which MCL-E-795G provides.

Analyst View:

The demand for BGA packages with a higher pin count and smaller footprint is predicted to increase because to the expected continuation of the miniaturization trend. It is anticipated that the semiconductor industry will continue to innovate, resulting in the creation of new, more intricate integrated circuits that call for high-density packaging options like BGA. BGA technology is finding new applications in areas such as healthcare, aerospace, and defense, which are expected to drive the growth of BGA Solder Ball Market in the future.

 

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on BGA Solder Ball Market, By Type (Lead Solder Ball and Lead Free Solder Ball), By Application (Lead-Free BGA Package and Lead BGA Package), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

Key Market Insights from the report:

BGA Solder Ball Market accounted for US$ 268.1 million in 2022 and is estimated to be US$ 509.3 million by 2032 and is anticipated to register a CAGR of 6.7%. BGA Solder Ball Market is segmented based on Type, Application and Region.

  • Based on Type, BGA Solder Ball Market is segmented into Lead Solder Ball and Lead Free Solder Ball.
  • Based on Application, BGA Solder Ball Market is segmented into Lead-Free BGA Package and Lead BGA Package.
  • By Region, the BGA Solder Ball Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of BGA Solder Ball Market:

The prominent players operating in the BGA Solder Ball Market includes, Senju Metal Industry Co., Ltd., DS HiMetal, MKE, YCTC, Nippon Micrometal Corporation, Accurus Aerospace Corporation, PMTC, Shanghai Hiking Solder Material Co., Ltd., Shenmao Technology Inc. and others.

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