The aircraft tires market is projected to grow from USD 1.11 Billion Flip Chip Technology Market | Page 2

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The flip chip technology market is expected to grow from USD 19.01 Billion in 2015 to USD
31.27 Billion by 2022, at a CAGR of 7.1% between 2016 and 2022. The report aims at
estimating the size and future growth potential of the flip chip technology market across different
segments on the basis of bumping process, packaging technology, packaging type, product,
application, and region. Consumer electronics application is expected to be the fastest-growing
segment in the flip chip technology market during the forecast period, followed by automotive
application.
The research methodology used to estimate and forecast the flip chip technology market begins
with capturing data on key vendor revenues through the secondary research. Vendor offerings
are also taken into consideration to determine the market segmentation. The bottom-up
procedure was employed to arrive at the overall size of the global flip chip technology market
from the revenue of key players.
After arriving at the overall market size, the total market has been split into several segments and
sub-segments which are then verified through primary research by conducting extensive
interviews with key people such as CEOs, VPs, directors, and executives. Data triangulation and
market breakdown procedures have been employed to complete the overall market engineering
process and arrive at the exact statistics for all segments and sub-segments. The breakdown of
profiles of primary interviews is depicted in the below figure: