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2022
Probe Card Market

Probe Card Market by Type (Cantilever Probe Card, MEMS Probe Card, and Vertical Probe Card), Application (DRAM, Flash, Foundry & Logic, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Jul 2022 | 278 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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A probe card is a device that connects a semiconductor wafer to an electronic test system. The probe card is mechanically attached to a probe and electrically connected to a tester. Its goal is to create an electrical link between the test equipment and the circuits on the wafer, allowing circuit testing and validation at the wafer level, before they are diced and packaged. It consists of a printed circuit board (PCB) and some sort of contact elements, which are metallic but may also be made of other materials. Probe card is a custom connector that takes the universal pattern of a given tester and translates the signals to connect to electrical pads on the wafer, due to which a semiconductor manufacturer is expected to require a new probe card for each new device wafer and for device shrinks (when the manufacturer reduces the size of the device while maintaining its functionality). The global probe card market has experienced a significant growth and is expected to grow considerably in next few years.

The global probe card market is segmented on the basis of type, application, and region. Based on type, the market is divided into Cantilever Probe Card, MEMS Probe Card, and Vertical Probe Card. In terms of application, the market is categorized into DRAM, Flash, Foundry & Logic, and Others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Market Scope and Structure Analysis

Report Metric

Details

 Market Size Available for Years

  2020–2030

  Base Year Considered

  2020

  Forecast Period

  2021–2030

  Forecast Units

 Value (USD)

  Segments Covered

  Type, Application, and Region

 

COVID-19 Scenario Analysis

The worldwide quarantine imposed in response to the COVID-19 outbreak has resulted in an economic crisis.  The pandemic has wreaked havoc on a variety of industries, and the probe card industry is no exception. Following the SARS-CoV-2 outbreak, businesses were forced to make difficult financial and cost-cutting decisions to ensure the continued flow of goods. The outbreak of COVID-19 has had a wide range of consequences, including flight cancelations, travel bans, quarantines, restaurants closing, and all indoor events being restricted in over forty countries where state of emergency was declared, resulting in a massive slowdown of the probe card market trends volatility, growth in public panic, and uncertainty about the future. 

In response to COVID-19's long-term implications, governments have attempted to address the problem by enacting beneficial initiatives and policies such as financial packages, lower interest rates, and tax exemptions. Despite the world's efforts to find a COVID-19 breakthrough, the probe card market size is expected to rebound to a great level during the forecast period.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The Probe Card Market has grown in popularity due to new and advanced technology inputs. One of the primary factors driving the market's growth is the downsizing of electrical products utilized in various devices. New devices are continually being developed in various shapes and sizes, which necessitate the development of electrical tests to accommodate the new gadgets. As a result, the market's expansion has accelerated. It is even used to build an electrical path between the test system and the circuits, where these circuits may be verified and validated. The growth of the Probe Card Market is directly tied to the increase in demand for wearables, smartphones, and the Internet of Things (IoT). The market's growth is also fueled by new and advanced technology in the Probe Card Market. Manufacturing plants for probe cards have likewise invested more to keep on top of the market and avoid falling behind. These plants must meet the ever-increasing demand for electrical products. In addition, the semiconductor industry is concentrating on the development of integrated circuits (ICs) to enable sophisticated technology. This is yet another market-moving factor. The market's expansion may be stifled by low temperatures. The market is further hampered by the high costs associated with probe cards. Continuous test failures raise expenses, which has an impact on the market. 

The Global Probe Card Market Trends:

Miniaturization of Electronic Products

To meet the increased demand for compact and portable electronic products, semiconductor OEMs are constantly spending on R&D to develop micro components. MEMS and 3D stacked ICs are results of this.

Furthermore, the shrinkage of electronic components has impacted semiconductor device manufacturers due to the fact that the foundries must rebuild their manufacturing facilities to ensure optimal production facilities for producing MEMS and 3D ICs. As a result, the need for testing equipment is predicted to rise, which is expected to boost the probe card market growth during the forecast period. 

Increase in Demand of Foundry & Logic Segment

The largest segment, foundry and logic, is anticipated to continue to develop at the fastest rate over the projected period, owing to the rise of the semiconductor sector. Fabless companies minimize costs by not owning such facilities, while the foundry model uses two strategies to avoid these costs. Merchant foundries, on the other hand, source work from a global pool of fabless enterprises, and keep their factories fully operational by careful scheduling, pricing, and contracting. 

Key Benefits of the Report

  • This study presents the analytical depiction of the global probe card industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the probe card market share.
  • The current market is quantitatively analyzed from 2021 to 2030 to highlight the growth scenario of the probe card market.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
  • The report provides a detailed probe card market analysis based on competitive intensity and how the competition will take shape in coming years. 
  • The report contains probe card market forecast from 2021 to 2030, considering 2020 as a base year.
  • The report presents information on the probe card market opportunities to track potential regions and country.
  • The explosion probe card market outlooks the future scope and estimates the percentage growth. 

Questions Answered in the Market Research Report

  • Which are the leading players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the probe card market?
  • What are the projections for the future that would help in taking further strategic steps?

Key Market Segments

Segments Sub-segments
By Type
  • Cantilever Probe Card
  • MEMS Probe Card
  • Vertical Probe Card
By Application
  • DRAM
  • Flash
  • Foundry & Logic
  • Others
By Region
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (LAMEA)


Key Market Players

  • FormFactor
  • MPI
  • SV Probe
  • Microfriend
  • Korea Instrument
  • Feinmetall
  • Advantest
  • Will Technology
  • Japan Electronic Materials
  • TSE.
 
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