NEW YORK, Aug. 30, 2022 /PRNewswire/ -- The probe card market size is expected to grow by USD 505.23 million in 2025, at a CAGR of 5.22% during the forecast period. The report extensively covers probe card market segmentation by product (advanced probe card and standard probe card), end user (foundry and logic and memory device), and geographic (APAC, North America, Europe, MEA, and South America).
The probe card market report also offers information on several market vendors, including FEINMETALL GmbH, FormFactor Inc., JAPAN ELECTRONIC MATERIALS Corp., Korea Instrument Co. Ltd., Microfriend Inc., MICRONICS JAPAN Co. Ltd., MPI Corp., Nidec SV Probe Pte. Ltd., Technoprobe Spa, and WILL-Technology Co. Ltd among others.
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The increasing investment in fabs is one of the main factors fueling the growth of the probe card market. To meet the increased demand for ICs that the increasing number of electronic devices are employing, semiconductor manufacturers are developing their fabrication facilities (fabs). Because of the incorporation of cutting-edge technologies like human-machine interface technologies in electronic products, the need for ICs is rising. The complexity of IC designs as a result is increasing, which is fueling the demand for sophisticated probe cards.
Major Five Probe Card Companies:
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APAC will account for 76% of market growth. The three biggest markets for probe cards in APAC are South Korea (Republic of Korea), Japan, and China. This region's market will expand more quickly than those in other areas.
The expansion of the probe card market in APAC during the forecast period would be aided by the presence of numerous fabs and foundries. The region's need for ICs has been boosted by improvements in wired and wireless technologies, increased IoT use, and the growing use of electronics in the automobile industry. Download Free Sample Report.
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Probe Card Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.22% |
Market growth 2021-2025 |
$ 505.23 million |
Market structure |
Fragmented |
YoY growth (%) |
4.70 |
Regional analysis |
APAC, North America, Europe, MEA, and South America |
Performing market contribution |
APAC at 76% |
Key consumer countries |
Taiwan, US, South Korea (Republic of Korea), Japan, and China |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
FEINMETALL GmbH, FormFactor Inc., JAPAN ELECTRONIC MATERIALS Corp., Korea Instrument Co. Ltd., Microfriend Inc., MICRONICS JAPAN Co. Ltd., MPI Corp., Nidec SV Probe Pte. Ltd., Technoprobe Spa, and WILL-Technology Co. Ltd |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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