Probe Card Market size


Posted August 23, 2023 by suhasmaximize

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.

 
Probe Card Market was valued at US$ 3.64 Bn. in 2021 and expected to grow at a CAGR of 6.9 % during the forecast period (2022-2029).

Probe Card Market Overview:

The Probe Card Market study gives a comprehensive view of the competition, including the market share and company profiles of the major global competitors. The scope of the research includes a full examination of the Probe Card Market , as well as the reasons for variations in the industry's growth between regions.

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Market Scope:

Following the completion of market engineering, which included market statistics computations, market size estimations, market forecasts, market breakdown, and data triangulation, extensive primary research was done to gather information and verify and validate important numbers. To undertake market estimating and forecasting for the overall market segments and sub-segments described in this research, top-down and bottom-up tactics, as well as different data triangulation procedures, were often employed throughout the market engineering process. Extensive qualitative and quantitative analysis is performed on all data obtained during the market engineering process in order to provide essential information throughout the report.

Segmentation:

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 2021. 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.

Key Players:

Market leaders are identified by primary and secondary research, and market revenue is calculated using primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers' annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then verified against primary data.

The biggest players in the Probe Card Market are as follows:

• 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.

Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/global-probe-card-market/32586/

Regional Analysis:

Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the Probe Card Market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.

COVID-19 Impact Analysis on Probe Card Market :

Due to a break in operations, end-user sectors where Probe Card Market are used suffered a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, and Spain, France, and India. As a result, the revenues of enterprises in these industries fell significantly, as did the demand for Probe Card Market manufacturers, impacting the growth of the Probe Card Market in 2020. Lockdowns and a surge in COVID-19 events globally have severely reduced end-user business demand for Probe Card Market .

Key Questions Answered in the Probe Card Market Report are:

In 2021, which segment held the highest proportion of the Probe Card Market ?
What is the Probe Card Market 's competitive landscape?
What are the primary drivers assisting Probe Card Market growth?
Which region has the most market share in the Probe Card Market ?
What will be the Probe Card Market 's CAGR throughout the projected period (2021-2029)?
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Issued By suhasmaximize
Country India
Categories Electronics , Science , Technology
Tags probe card market , probe card market size , probe card market demand , probe card market forecasting , probe card marketgrowth
Last Updated August 23, 2023