Probe Card Market was valued at US$ 3.41 Bn. in 2020 and expected to grow at a CAGR of 6.9 % during the forecast period (2021-2027). Thanks to the growing trend of advanced probe card segment use have boosted demand for Global Probe Card Market.
Probe Card Market Overview:Probe Cards are used as electrical and mechanical contact for electrical testing of large-scale integrated (LSI) circuits. These probe cards consist of multilayer organic substrate (MLO) and PCB. They are considered as a connector between an LSI chip electrode and an LSI tester as a measuring machine. Different types of probes are the vertical probe, U-probe, and MEMS-SP. This probe card helps in doubling the test speed on critical lines like 100 MHz to 200 MHz, due to faster speed wafer throughput is significantly increased and enable additional test coverage without increasing test time. These are the benefits of creating a large demand for probe cards in electronic equipment and electric vehicles. As a result, the global probe card market is expected to reach US$ 5.44 Bn. by 2027. To know about the Research Methodology:- Request Free Sample Report The report has covered the market trends from 2015 to forecast the market through 2027. 2019 is considered a base year however 2020’s numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Probe Card Market Dynamics:Increasing demand for consumer electronics like television, fridge, laptops, and digital cameras, rapid growth in semiconductor and electronics industries, and rising investment in technology are creating demand for probe cards. Recently “ROCKCHIP” a leading producer of fabless semiconductors is using “MEMS-based Apollo MF100” probe cards manufactured by FormFactor, Inc. for processors used in mobile phones and IoT ecosystem products. Increasing use of integrated circuits (ICs) in electronic devices and developing artificial intelligence and IoT devices are boosting the probe card market positively. Growing people's attraction towards intelligent household equipment, cars, and even in the medical sector fueling the global market. As a result, the IoT industry is expecting to touch US$ 1 trillion during the forecast period. The Cooler screen, Inc. based in the United States is the larger IoT technology firm in the world. Growing demand for electric vehicles and surge in demand for electronic testing is propelling the probe card market. According to IEA Sustainable Development Scenario expecting to put 230 Mn electric vehicles on road by 2030. Growing government regulations like European Union Co2 emission regulations for cars and vans and California’s zero-emission vehicle mandate are forcing the production of non-emission vehicles globally. In 2020, Norway topped the plug-in electric vehicles sale held share of 74.8 % followed by Iceland and Sweden. Probe cards are extensively used to test Quad Pad IC chips including printed circuits are attracting the global market. In 2017, Texas Instrument based in United State was the largest supplier of analog integrated circuits globally. The development of new technologies in probe cards like thin-film technology, Pyramid probe card technology, 3D technology, and micro bump technology through silicon vias are expected to create a large market for probe cards. Some of the factors slowing the market growth are its continuous test failure and functional failure, growing competition among global players resulting in a price drop, a limited number of suppliers, and sudden changes in technologies are hampering the growth of the global probe card market.
Probe Card Market Segmentation:Based on Type Segment, The Probe Card market is sub-segmented into Advanced Probe Card and Standard Probe Card. The advanced probe card segment dominates the global market and it held a share of 55 % in 2020. These advanced probe cards are superior in throughputs, fine pitch, high frequency, and positioning accuracy. Rising applications of advanced probe cards in the testing of multi-die logic products, SoC, and microcomputer products are adding an advantage to the global market. Based on the Application Segment, the Probe Card market is sub-segmented into DRAM, Flash, Foundry & Logic, and Parametric. The DRAM segment dominates the global market and was valued at US$ 3.9 Bn in 2020. Dominance in the market is due to high bit density and low memory device cost. These segments are helping in achieving the target cost by using the existing testing floor. Recently Samsung and FormFactor ATRE technology for 3000 parallelisms and beyond and MicroSpring contact design used for testing consumer and mobile DRAM packages are adding advantage to the DRAM segment.
Probe Card Market Regional Insights:In 2020, Asia-Pacific held the maximum share in the Probe Card market. Increasing production of smart electronics, the presence of global key players in semiconductor and electronic manufacturing, and increasing disposal income are driving the probe card market in this region. Development in integrated circuits and VLSI are boosting the global market. In 2020, the Asia semiconductor market was stood at US$ 84.41 Bn. and is expected to reach US$ 126.92 Bn. by 2027. It is due to increased semiconductor use in network and communication, data processing, consumer electronics, and the automotive sector. In December 2021, FormFactor, Inc. a leading semiconductor supplier expecting to open a new wafer probe card manufacturing center in California by investing more than US$ 80 Mn. North America is the second dominating region in the global Probe Card market. Increasing production of autonomous vehicles, technological developments in electronic devices, and increasing military spending are driving the market positively. Positive growth in the production of electric vehicles and growing people's concern towards environmental safety expecting drive demand for the probe card in this region. A leading manufacturer of electric vehicles TESLA delivered 180570 cars to the customers in 2020. These are the factors fuelling the growth of the global market in this region. The objective of the report is to present a comprehensive analysis of the global Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Probe Card market dynamics, structure by analyzing the market segments and projecting the Probe Card market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Probe Card make the report investor’s guide.
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Probe Card Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: US $ 3.41 Bn. Forecast Period 2021 to 2027 CAGR: 6.9 % Market Size in 2027: US $ 5.44 Bn. Segments Covered: by Type • Advanced Probe Card • Standard Probe Card by Application • DRAM • Flash, • Foundry & Logic • Parametric
Probe Card Market, by Region• North America • Europe • Asia Pacific • The Middle East and Africa • South America
Probe Card Market Key Players• Micronics Japan Co.,Ltd. • Technoprobe S.p.A. • Japan Eletronic Materials Corporation • MPI Corporation • Nidec SV TCL • Microfriend • Korea Instruments co.,Ltd • FEINMETALL GmbH • WILL-Technology Co.Ltd • Chunghwa Precision Test Tech.Co, Ltd. • ADVANTEST CORPORATION • TSE CO. Ltd. • Wentworth Laboratories Inc. • HTT High Tech Trade GmbH • SV Probe • JEM America Corp, Inc. • Celadon Systems • Rucker Kolls Inc. • BE Precision Technology • Plexon Inc.
Frequently Asked Questions:1. Which region has the largest share in Probe Card Market? Ans: Asia-Pacific held the largest share in 2020. 2. What is the growth rate of the Probe Card Market? Ans: The Probe Card Market is growing at a CAGR of 6.9 % during the forecasting period 2021-2027. 3. What segments are covered in Probe Card Market? Ans: Probe Card Market is segmented into product, technology, and application. 4. Who are the key players in Probe Card Market? Ans: Micronics Japan Co.,Ltd., Technoprobe S.p.A., Japan Eletronic Materials Corporation, MPI Corporation, Nidec SV TCL, Microfriend, Korea Instruments co.,Ltd, FEINMETALL GmbH, WILL-Technology Co.Ltd, Chunghwa Precision Test Tech.Co, Ltd., ADVANTEST CORPORATION, TSE CO. Ltd., Wentworth Laboratories Inc., HTT High Tech Trade GmbH, SV Probe, JEM America Corp, Inc., Celadon Systems, Rucker Kolls Inc., BE Precision Technology, Plexon Inc. 5. What is the study period of this market? Ans: The Probe Card Market is studied from 2020 to 2027.
1. Global Probe Card Market: Research Methodology 2. Global Probe Card Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Probe Card Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Probe Card Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Probe Card Market Segmentation 4.1 Global Probe Card Market, by Type (2020-2027) • Advanced Probe Card • Standard Probe Card 4.2 Global Probe Card Market, by Application (2020-2027) • DRAM • Flash, • Foundry & Logic • Parametric 5. North America Probe Card Market (2020-2027) 5.1 Global Probe Card Market, by Type (2020-2027) • Advanced Probe Card • Standard Probe Card 5.2 Global Probe Card Market, by Application (2020-2027) • DRAM • Flash, • Foundry & Logic • Parametric 5.3 North America Probe Card Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Probe Card Market (2020-2027) 6.1. Asia Pacific Probe Card Market, by Type (2020-2027) 6.2. Asia Pacific Probe Card Market, by Application (2020-2027) 6.3. Asia Pacific Probe Card Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Probe Card Market (2020-2027) 7.1 Middle East and Africa Probe Card Market, by Type (2020-2027) 7.2. Middle East and Africa Probe Card Market, by Application (2020-2027) 7.3. Middle East and Africa Probe Card Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Probe Card Market (2020-2027) 8.1. Latin America Probe Card Market, by Type (2020-2027) 8.2. Latin America Probe Card Market, by Application (2020-2027) 8.3. Latin America Probe Card Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. European Probe Card Market (2020-2027) 9.1. European Probe Card Market, by Type (2020-2027) 9.2. European Probe Card Market, by Application (2020-2027) 9.3. European Probe Card Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. Micronics Japan Co.,Ltd. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Technoprobe S.p.A. 10.3 Japan Eletronic Materials Corporation 10.4 MPI Corporation 10.5 Nidec SV TCL 10.6 Microfriend 10.7 Korea Instruments co.,Ltd 10.8 FEINMETALL GmbH 10.9 WILL-Technology Co.Ltd 10.10 Chunghwa Precision Test Tech.Co, Ltd. 10.11 ADVANTEST CORPORATION 10.12 TSE CO. Ltd. 10.13 Wentworth Laboratories Inc. 10.14 HTT High Tech Trade GmbH 10.15 SV Probe 10.16 JEM America Corp, Inc. 10.17 Celadon Systems 10.18 Rucker Kolls Inc. 10.19 BE Precision Technology 10.20 Plexon Inc.