Probe Card Market Growing Steadily at 4.38% CAGR to 2020
PUNE, India, August 25, 2016 /PRNewswire/ --
The global probe card market 2016-2020 report says emergence of new testing technologies will be a key trend for market growth with test equipment industry is seeing the emergence of new technologies to meet the growing demand for compact and efficient semiconductor test equipment. This is helping the test equipment vendors to strengthen their offerings. Self-test technologies are being designed into circuits so as to simplify the testing procedures. The introduction of TSV technology is also demanding new testing technologies to ensure the reliability of semiconductors.
Complete report on probe card market spread across 59 pages, analyzing 5 major companies and providing 43 data exhibits is now available at http://www.reportsnreports.com/reports/657313-global-probe-card-market-2016-2020.html.
The analysts forecast global probe card market to grow at a CAGR of 4.38% during the period 2016-2020. According to the probe card market report, miniaturization of electronic devices will be a key driver for market growth. The demand for compact electronics has been aggregating in almost every sector, be it communication device, automotive, industrial manufacturing, or healthcare equipment. This trend has forced the semiconductor IC manufacturers to spend on R&D in order to reduce the size and increase the performance of ICs, which has led to the emergence of microelectromechanical systems (MEMS) and 3D stacked ICs based on TSVs in which the interconnections, or vias, penetrate the silicon wafer to achieve higher vias density. Due to the introduction of such advanced manufacturing processes, the number of transistors per IC has increased without occupying any extra space, which leads to physical access limitations and increased circuit design complexity. Testing of such type of ICs has become a major challenge and has created a demand for advanced probe cards.
The APAC region led the global probe card market and is expected to hold close to 72% of the market share. Factors such as the presence of leading semiconductor foundries such as Taiwan Semiconductor Manufacturing, United Microelectronics, and Semiconductor Manufacturing International in the region and the rapid proliferation of the consumer electronics market and the rollout of LTE market in China will aid in the growth of the probe card market in APAC during the predicted period.
During 2015, the advanced probe card segment dominated the market and accounted for more than 79% of the market share in terms of revenue. With advanced probe cards, the users can easily eliminate the limitations pertaining to probe area, pad layout, and extreme environmental conditions. Also, advanced probe cards also produce smaller marks than standard probe cards and thus minimize the chance of damage to the device under test. These factors will result in the increasing adoption of advanced probe cards over the next four years.
The following companies are the key players in the global probe card market: FormFactor, Japan Electronic Materials, Micronics Japan, MPI and Technoprobe. Other prominent vendors in the market are: Advantest, AMST, BucklingBeam Solutions, Cascade Microtech, Feinmetall, Korea Instrument, Microfriend, SV Probe, TSE, and WILL Technology. Order a copy of Global Probe Card Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=657313.
Global Probe Card Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the probe card market report covers revenue generated from the global shipments of probe cards across SoC and memory application segments.
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