Market Scope

Globally, the Multi-Chip Module market Analysis is expected to grow at a CAGR of 6.1% during the forecast period. The sale of portable and wireless consumer products is predicted to fuel market demand. Rising miniaturization of processors and ICs owing to notebook and camera applications can support this trend. Improvement in performance, low weight and size, and low power supply requirements are benefits of MCM which can spur its demand among consumer electronics manufacturers. Development of 3D ICs with heterogenous dies which includes various encryption standards and power integrity features can bode well for the market. The large computing and simulation requirements by growing industries and memory kits which can transfer data at gigabit rates are likely to trigger demand for multi-chip modules.

But lack of innovation in chip manufacturing and skilled personnel can impede market growth.

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Regional Analysis

The geographical analysis of Global Multi-chip Module Market is studied for North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

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 Outlook

TEKTRONIX, INC., Micross, Cypress Semiconductor, Palomar Technologies, Macronix International Co., Ltd., Texas Instruments, Samsung Electronics, SK HYNIX INC., STMicroelectronics, and Infineon Technologies are key players of the global multi-chip module market.

Recently, NEC Corporation agreed to partner with NXP Semiconductors for supply of MCM modules for its use in a 5G radio antenna unit. This can expedite the deployment of 5G technologies globally.

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