What Has Been the Progress and Growth of the Advanced Probe Card Market in Recent Years?
The advanced probe card market has seen considerable growth due to a variety of factors.
• The advanced probe card market will grow from $1.22 billion in 2024 to $1.31 billion in 2025 at a CAGR of 7.5%.
Factors contributing to this growth include the increasing complexity of semiconductors, the expansion of consumer electronics, growth in data centers, automotive industry innovations, and a rise in advanced IC production.
How Does the Forecast Look for the Advanced Probe Card Market?
The advanced probe card market is expected to maintain its strong growth trajectory in upcoming years.
• The advanced probe card market is expected to grow to $1.72 billion by 2029, with a CAGR of 7.2%.
The growth is supported by the rise of electric and autonomous vehicles, the expansion of wearable devices, increased semiconductor manufacturing investments, and higher health monitoring device production. Trends include advancements in technology, 5G adoption, AI integration, IoT device expansion, and geographic market growth.
What Are The Essential Drivers Behind The Growth Of The Advanced Probe Card Market?
The growth of the semiconductor industry is expected to drive the growth of the advanced probe card market. The semiconductor sector, essential for modern electronics, is expanding due to increasing demand across various industries, including consumer electronics and telecommunications. Advanced probe cards are vital for testing semiconductor wafers, ensuring the quality and reliability of chips. For instance, in February 2023, the Semiconductor Industry Association reported a record-high annual sales of $574.1 billion for the global semiconductor industry in 2022, a 3.3% increase from the previous year. This growth in the semiconductor industry will likely propel the advanced probe card market.
How Are The Segments Defined Within The Global Advanced Probe Card Market?
The advanced probe card market covered in this report is segmented –
1) By Technology: Micro-Electro-Mechanical Systems (MEMS), Cantilever, Vertical
2) By Material: Tungsten, Copper Clad Laminated, Aluminum, Other Materials
3) By Application: Foundry And Logic, Dynamic Random Access Memory (DRAM), Flash, Parametric, Other Applications
Subsegments:
1) By Micro-Electro-Mechanical Systems (Mems): Mems Probe Cards For High-Density Applications, Mems Probe Cards For Semiconductor Testing, Mems-Based Probes For Fine Pitch Testing, Mems Probe Cards For Rf (Radio Frequency) Testing, Mems Technology In Probe Cards For Mems And Sensors
2) By Cantilever: Single Cantilever Probe Cards, Multi-Cantilever Probe Cards, Cantilever Probe Cards For Low To Medium Pin Count Applications, Cantilever Probe Cards For High-Volume Production Testing, Cantilever-Based Probe Cards For Automotive Ic Testing
3) By Vertical: Vertical Probe Cards For High-Current Testing, Vertical Probe Cards For High-Density Interconnects, Vertical Probe Cards For 3d Ic Testing, Vertical Probe Cards For Memory Device Testing, Vertical Probe Cards For Power Device Testing
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How Are New Trends Expected To Influence The Growth Of The Advanced Probe Card Market?
Companies in the advanced probe card market are forming strategic partnerships to improve their technological capabilities and expand market presence. For instance, in December 2022, Cohu, Inc., a U.S.-based semiconductor equipment supplier, partnered with Chunghwa Precision Test Tech. Co., Ltd., a Taiwan-based test interface solutions provider, to offer optimized probe cards and interface products for high-frequency semiconductor testing. The collaboration combines advanced probe head technology with superior substrates for efficient and cost-effective solutions.
Who Are the Key Players In The Advanced Probe Card Market?
Major companies operating in the advanced probe card market are:
• Tokyo Electron Limited
• Advantest Corporation
• FormFactor Inc.
• TT Electronics plc
• Technoprobe S.p.A.
• ESPEC Corporation (ESPEC Group)
• Micronics Japan Co. Ltd. (MJC)
• STAr Technologies Inc.
• TSE Co. Ltd.
• Japan Electronic Materials Corporation (JEM)
• Chunghwa Precision Test Tech.Co. Ltd .
• Synergie Cad Probe
• MPI Corporation
• WinWay Technology Co. Ltd.
• Microfriend Inc.
• Korea Instrument Corporation
• Nidec SV Probe Pte. Ltd.
• Microfabrica Inc.
• GGB Industries Inc.
• Will Technology Co. Ltd.
• Feinmetall GmbH
• Semics Inc.
• Wentworth Laboratories Ltd.
• TIPS Messtechnik GmbH
• AMST GmbH
What Is The Most Dominant Region In The Advanced Probe Card Market?
Asia-Pacific was the largest region in the advanced probe card market in 2024. The regions covered in the advanced probe card market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
