Lucintel Forecasts Probe Card Market to Reach $3.3 Billion by 2027

Market-Research

According to the recent study the probe card market is projected to reach an estimated $3.3 billion by 2027 from $2.2 billion in 2021, at a CAGR of 7% from 2021 to 2027. Growth in this market is primarily driven by increasing demand for integrated circuits (ICs), growth in high-frequency testing, and increase in wafer size.

Browse 84 figures / charts and 56 tables in this 155 -page report to understand trends, opportunities and forecast in probe card market by product type product type (standard and advanced), by manufacturing technology (MEMS, Cantilever, Vertical, and Others), by IC type (DRAM, Flash, and Foundry & Logic), and by region (North America, Europe, Asia Pacific, and the Rest of the World)

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“Advanced probe card market is expected to remain the largest segment during the forecast period.”

Based on product type, the probe card market is segmented into standard and advanced. Lucintel forecasts that the advanced probe card market is expected to remain the largest segment.

“Within the probe card market, the foundry & logic segment is expected to remain the largest IC type”

Based on IC type the foundry & logic segment is expected to witness the highest growth over the forecast period.

“Asia pacific will dominate the probe card market in near future”

Asia Pacific is expected to remain the largest region and witness the highest growth during the forecast period.

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Major players of probe card market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. FormFactor Inc., Micronics Japan Co.,Ltd., Technoprobe S.p.A., Japan Electronic, 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 are among the major probe card providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/probe-card-market.aspx or helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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