Bare Die
Shipping & Handling and Processing & Storage Market
The global bare die shipping, handling, processing, and
storage market was valued at USD 1.1 billion in 2023 and is projected to grow
at a CAGR of 6.4% during the forecast period. Increasing demand for
interconnected devices across industries such as consumer electronics,
automotive, and healthcare sectors coupled with growing adoption of advanced
technology such as IoT and others.
Increasing online shipping is driving higher demand for efficient shipping, handling, and storage operations. Same-day and next-day delivery expectations require faster processing and handling. The adoption of automated sorting, conveyor systems, and robotics in warehouses improved speed and accuracy and reduced labor costs.
Growth Drivers
Demand for real-time shipment tracking, inventory
visibility, and data-driven decision-making is pushing digitization. IoT and
RFID technologies are playing a key role in the market growth. A growing focus
on reducing carbon footprints and sustainable packaging materials is fueling
the market growth. Demand for temperature-sensitive goods like pharmaceuticals,
foods, and chemicals drives specialized storage and handling solutions. The
need for efficient last-mile delivery solutions in congested urban areas is
spurring the market growth significantly. Use of micro-fulfillment centers and
dark stores is driving growth in the market. Focusing on building resilient and
agile logistics networks to handle disruptions like geopolitical tensions and
pandemics is the key factor behind the market growth.
Increasing research and development activities
supported by governments and other organizations also play a vital role in the
growth of this market. For instance, after the introduction of the CHIPS and
Science Act by the U.S. government in 2022 to ensure manufacturing incentives
and necessary investments while aiming at solidifying the nation’s economy,
national security capabilities, and supply chains, key companies worldwide have
responded with announcements of semiconductor ecosystem development projects
that mark private investments of nearly USD 200 billion.
Segmentation
Bare Die
Shipping & Handling and Processing & Storage Product
·
Shipping Tubes
·
Trays
o
Waffle packs
o
Metal trays
o
Gel packs
·
Carrier Tapes
·
Others
Bare Die
Shipping & Handling and Processing & Storage Application
·
Communications
·
Computers
·
Consumer Electronics
·
Automotive
·
Industrial & Medical
·
Defense
By Region
·
Asia Pacific
·
North America
·
Latin America
·
Middle East and Africa
·
Europe
Bare Shipping
and Handling and Processing and Storage Market by Application Segmentation
Based on the application, the bare shipping and handling and processing and storage market is segmented into communications, computers, consumer electronics, automotive, industrial & medical, and Defense is the leading segment. Consumer electronics is the leading market segment in bare shipping and handling processing and storage due to increasing demand for it in various consumer electronic devices like smartphones, tablets, and laptops.
The growing adoption of Internet of Things (IoT) devices has further increased consumer electronics, as multiple devices used by consumers in routine lives are interconnected through networks and systems. The defense system is expected to witness the fastest CAGR during the forecast period. The increasing demand for advanced semiconductor technologies in defense applications has driven innovation and investment in this sector.
Modern military systems and equipment increasingly rely on sophisticated
electronics, necessitating high-performance chips that can be efficiently shipped
and processed as bare dies. Geopolitical tensions and national security
concerns have been prompting multiple governments to invest heavily in defense
capability enhancements, leading to a surge in the procurement of advanced
electronic components.
Regional
Outlook
Based on the regions, the bare die shipping &
handling and processing & storage market is analyzed into 5 regions:
Asia-Pacific, North America, Latin America, Europe, and the Middle East and
Africa. Asia-Pacific is the leading region in the market and is expected to
dominate the market during the forecast period. Asia-Pacific, particularly
countries like Taiwan, South Korea, China, and Japan, hosts the world’s largest
semiconductor foundries and packaging houses—for example, Samsung and the ASE
Group. Since bare die is a key component in semiconductor packaging and
assembly, the demand for handling, shipping, and storage solutions is naturally
higher in this region.
Asia Pacific is the global center for electronics
manufacturing, including smartphones, automotive electronics, IoT devices, and
consumer electronics, all of which use advanced semiconductor components that
may require bare-die handling. Many bare-die processing and storage activities
are located close to manufacturing hubs to reduce lead time, costs, and
logistics complexity in APAC’s established supply chain ecosystem.
North America is strong in semiconductor design and has
critical research and development facilities, but much of the manufacturing and
assembly is outsourced to the Asia-Pacific region. North America has a strong
presence of companies developing high-performance, specialized, and niche
semiconductors, such as for aerospace, defense, automotive, medical devices,
and industrial applications, which require customized and tightly controlled
bare die handling, storage, and processing. The European region is witnessing
significant growth due to the strong presence of companies developing
high-performance specialized and niche semiconductors. The presence of key
players in the North American region is driving the market towards significant
success.
The Latin American bare die shipping, handling, and processing storage market is expected to witness significant growth during the forecast period due to increasing demand for advanced semiconductor technologies across various industries like consumer electronics, automotive, and telecommunications. Moreover, technological advancements in shipping and handling processes enhance operational efficiency and safety, further propelling market growth. Furthermore, rising disposable incomes and infrastructure investments contribute to the expansion of this market.
Brazil is the leading market in the region, and
Brazil’s strategic location and well-developed logistics infrastructure have
made it an attractive option for global semiconductors, further contributing to
the market growth. Entegra’s, Inc., a global supplier of advanced materials and
process solutions, primarily serving the semiconductor and high-tech
industries, specializes in various products and services to control micro
contamination and improve manufacturing excellence. Key offerings include
filtration products, liquid systems, specialty chemicals, wafer handling
solutions, and others. The presence of other key players in the region is the
key factor behind the growth in the market.
Key Players
·
Entegris
·
3M
·
ITW-ECPS
·
Dalau Ltd
·
Thomas H. Lee Partners, L.P. (Brooks Automation, Inc.)
·
TT ENGINEERING & MANUFACTURING SDN BHD
·
Daitron Incorporated
·
Achilles USA Inc.
·
Kostat, Inc.
· Other Players
