Probe Card Market to grow by USD 1.52 billion from 2023 to 2028, Advantest Corp., Chunghwa Telecom Co. Ltd., FEINMETALL GmbH, and more among key companies - Technavio

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Nov 10, 2023, 14:00 ET

NEW YORK, Nov. 10, 2023 /PRNewswire/ -- The probe card market is expected to grow by USD 1.52 billion from 2023 to 2028. In addition, the growth momentum of the market will progress at a CAGR of 9.09% during the forecast period, according to Technavio. Growing investment in fabs is notably driving the probe card market. However, factors such as rapid technological changes in the semiconductor industry may impede market growth. The market is segmented by product (advanced probe card and standard probe card), end-user (foundry, logic, and memory device), and geography (APAC, North America, Europe, South America, and Middle East and Africa). We provide a detailed analysis of 20 companies operating in the probe card market, including Advantest Corp., Chunghwa Telecom Co. Ltd., FEINMETALL GmbH, FormFactor Inc., GGB INDUSTRIES INC., INNOTECH Corp., Japan ELECTRONIC MATERIALS CORP., Korea Instrument Co. Ltd., Micronics Japan Co. Ltd., MPI Corp., Nidec Corp., PROTEC MEMS Technology, Synergie Cad, Technoprobe S.p.A., Translarity Inc., TSE Co. Ltd., Wentworth Laboratories Ltd., and WILLTECHNOLOGY.

Technavio has announced its latest market research report titled Global Probe Card Market 2024-2028

The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Free Sample Report.

Probe Card Market 2024-2028: Company Analysis

Chunghwa Telecom Co. Ltd. - The company offers probe cards such as CHPT new probe card.

This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information

Probe Card Market 2024-2028: Segmentation

Product

The market share growth by the advanced probe card segment will be significant during the forecast period. The user will have the possibility to bypass certain limits on standard probe cards through the use of Advanced Probe Cards. Advanced probe cards that permit a greater flow of electricity through the probe facilitate improvements in both speed and position accuracy.

end-user (foundry, logic, and memory device)

Geography

APAC is estimated to contribute 74% to the growth of the global market during the forecast period. The demand for ICs in this region has been enhanced by developments in telecoms and networking, as well as the growing use of electronics in a variety of sectors including automobiles. The demand for enhanced ICs that can be used in advanced applications has been highlighted.

North America, Europe, South America, and Middle East and Africa

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report

Probe Card Market 2024-2028: Key Highlights

Historic Market Size 2018-2022
CAGR of the market during 2024-2028
Detailed information on factors that will assist probe card market growth during the next five years
Estimation of the probe card market size and its contribution to the parent market
Forecasts on upcoming trends and changes in consumer behavior
The growth of the probe card market
Analysis of the competitive landscape and detailed information on companies
Comprehensive details of factors that will impede the growth of probe card market companies

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Probe Card Market Scope
Report Coverage	Details
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 9.09%
Market Growth 2024-2028	USD 1.52 billion
Market structure	Fragmented
YoY growth 2022-2023 (%)	8.46
Regional analysis	APAC, North America, Europe, South America, and the Middle East and Africa
Performing market contribution	APAC at 74%
Key countries	US, Taiwan, China, Japan, and South Korea
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by End-user

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio