Probe Card Market

Probe Cards Market – Overview

A probe card is a connection point between an electronic test system and a semiconductor wafer. The probe card is generally connected or tied to a prober and electrically associated with a tester. Probe cards offer an electrical pathway between the wafer on the circuit and the test hardware, to validate and test the electronic circuitry. The advent of various manufacturing products and the increasing adoption of miniature products in semiconductor gadgets are projected to open up a huge market opportunity for manufacturers in the probe cards industry.

The increasing demand for consumer electronics like fridges, digital cameras, television, laptops, and kitchen appliances is likely to augment the rapid growth of the electronics and semiconductor industries. The increasing number of investments in electronic technology is creating demand for probe cards, thereby augmenting the growth of this market. Additionally, the rising demand for electronic testing and increasing popularity of electric vehicles will also add boost to the overall growth of the market during the forecast period set between 2021 and 2031.

The report on the global probe cards market offers a 360-degree overview of the market and highlights the key drivers, restraints, challenges, and new growth opportunities. It also discusses the impact of the novel COVID19 pandemic on this market and how can players benefit from this situation and gain significant revenues during the forecast period. The report further discusses the table of segmentation in details and mentions the names of the leading segment with factors attributing to its growth. Key players and their contribution to the market in the form of new product launches and joint ventures are provided in the report. It is available for sale on the company website.

Probe Cards Market – Competitive Landscape

There are multiple players functioning in the global probe cards market, ultimately making the nature of competition intense. Players are engaging in merger and acquisition strategies and other collaborations to ensure a high position in the overall market competition. Besides this, major investments in research and development activities will also help players gain a competitive edge in the overall market competition.

Some of the key players of the global probe cards market include:

• Wentworth Labs
• Synergie Cad
• Microfriend
• Micronics Japan Co.
• SV Probe
• Japan Electronic Materials Corporation
• Feinmetall GmbH
• Advantest Corporation
• Korea Instrument Co.Ltd.
• FormFactor
• Other players

Probe Cards Market – Innovations

• November 2016: Kita Manufacturing Co.Ltd was acquired by Cohu Inc. in November 2016 for strengthening their existing product portfolui and expanding their brand presence.
• BucklingBeam Company was acquired by Translarity in August 2017 for remitting advance probe card solutions and for accelerating technology.

Probe Cards Market – Growth Drivers

The increasing application of semi-conductors across multiple manufacturing and electronics equipment will serve as a key growth driver for the global probe cards market. Most of the electronic devices today are installed with integrated circuits, thereby propelling the probe cards. Besides this, the advent of latest technologies into the manufacturing and electrical sector such as Internet of Things, 5G technology, and Artificial Intelligence will further help create lucrative growth opportunities for the market in the forecast period.

Probe Cards Market – Geographical Insights

Regionwise, the global probe cards market is widespread into the regions of North America, Europe, Latin America, and the Middle East and Africa. Each of these regions is further classified on the basis of nations. Among all these, the market is dominated by Asia Pacific, attributable to the presence of major semiconductor material manufacturers in the region, along with other high-end equipment producers. Furthermore, the integration of semiconductors in vehicles for various features such as electrification, automation, safety-related electronics syste,s. and digital connectivity will further propel the need for probe cards, thereby creating lucrative growth opportunities for this regional market in the forecast period.