Leadframes Market: Trends, Business Strategies and Opportunities with Key Player

Posted by Kishor on May 14th, 2019

Leadframe is a thin metal structure which is attached to semiconductors in package assembly process. The leadframe is a part of semiconductor and IC packaging.  The main function of the leadframe is to carry the signal from the die to the attached outer electronic fitment. According to the utility and application the leadframe is molded into desired structure. The growing application sectors of semiconductor and IC packaging as well as increasing product categories within application segments are the major factors which are going to benefit the leadframe market. The leadframe is considered to be an essential part of electronics equipment.

The leadframe market is primarily driven by the strong demand of electronics and electrical in consumer electronics equipment. Growing usage of equipment in day to day activities is expected to boost the demand of consumer electronics which is anticipated to drive the demand of global leadframe market.

The opportunity for the global leadframe market lies in rapidly growing consumer electronics and telecommunications. Growing urban population, increasing per capita expenditure and better-quality lifestyle anticipations of middle income population group is expected to be the key factor, depending on which global leadframe market to unfold huge opportunity and growth.

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The global leadframe market is segmented on the basis on the basis of manufacturing process, layer, application and geography. On the basis of manufacturing process the global leadframe package is segmented into photo etching, stamping and others. The selection of the manufacturing process is based on the volume of production. Photo etching is primarily used for low and medium range of production volumes. The high volume production are preferred by stamping process.

On the basis of geography the global leadframe market is segmented into segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA) and Latin America.   Asia Pacific is anticipated to be major market in terms of volume and value for the global leadframe market. The strong demand in Asia pacific regions especially in China, Japan and Korea due to its extensive electronics equipment manufacturing practices is anticipated to contribute highly in the global leadframe market.

Some of the key participants of the global leadframe market are NINGBO HUALONG ELECTRONICS CO.,LTD., Wasion Group Holdings Limited., Kangqiang Electronics Co., Ltd, Ningbo Kangqiang Micro-Electronics Technology Co.,Ltd, Sumitomo Metal Mining Co., Ltd., Hitachi Cable, Ltd., Kitsuda Sdn. Bhd., Veco B.V, Mitsui High-tec, Inc., SHINKO ELECTRIC INDUSTRIES CO.,LTD., STATS ChipPAC Ltd., Amkor Technology and others.