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Europe Advanced Packaging Market to Reach USD 20.04 Billion by 2034, Driven by Automotive and Defense Sectors

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The Europe advanced packaging market is projected to grow from USD 9.73 billion in 2025 to USD 20.04 billion by 2034, driven primarily by the automotive and defense sectors. Influenced by the EU Chips Act, the market is expected to expand at a CAGR of 8.36%, with the aerospace and defense sector anticipating the fastest growth at 26.3%. Key challenges include high capital costs and a shortage of skilled workforce, while France and the UK are notable players in the market.

Europe Advanced Packaging Market to Reach USD 20.04 Billion by 2034, Driven by Automotive and Defense Sectors
Jan 21, 2026, 6:18 AM

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