High Demand for Electronic Testing is estimated to elevate the Demand for Probe Card Market

There has been increased demand for electronic testing to check the specification needed to design and fabricate chips being used in devices in the semiconductor industry, and companies are coming up with different design and fabrication methods. For instance, in 2021, MPI Corporation opened a new semiconductor test division near headquarters in Hsinchu. The decision was taken to expand their test facility plant to fulfill the increasing demand. Therefore, the surge in demand for electronic testing in the semiconductor industry is expected to drive the growth of the global probe card market.

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Data Bridge Market Research analyses that the probe card market is expected to grow at a CAGR of 10.8% in the forecast period of 2022 to 2029 and is expected to reach USD 5,392.06 million by 2028. Nowadays, a maximum of automobile developments include semiconductor technology. The average new vehicle runs more than 100 million lines of software codes in its computer system. Hence, the global probe card market is majorly driven by the automobile sector.

Probe Card Market

High Utilization of Integrated Circuits in Electronic Devices is expected to drive the Market's Growth Rate

The probe card is a major component for testing integrated circuits, as they are used to contact metal pads and the wafer surface and assemble the electronic components. Integrated circuits are tested by a large machine called a tester, which sends a series of electrical signals to each integrated circuit. On the other hand, the probe card technology allows various manufacturers to identify problems associated with electronic devices, which further calibrates, evaluates, and ensures accurate and stable measurements at millimeter-wave frequencies. The latest dynamic random access memory (DRAM) chips used in electronic devices provide fast and smooth graphics. As probe card printed circuit board complexities and net count increase, integrated circuits' use increases simultaneously. As a result, the high demand for the increasing use of integrated circuits in electronic devices is expected to significantly propel the global probe card market.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Probe Type (Advanced Probe Card, and Standard Probe Card), Manufacturing Technology Type (MEMS, Vertical, Cantilever, Epoxy, Blade, Others), Wafer Size (More Than 12 Inches, and Less Than 12 Inches), Head Size (More Than 40mm x 40mm, and Less Than 40mm x 40mm), Test (DC Test, Functional Test, and AC Test), Material (Tungsten, Copper Clad Laminated (CCL), Aluminum, Others), Application (WLCSP, SIP, Mixed Signal Flip Chip, Analog), Beam Size (More Than 1.5 Mil, Less Than 1.5 Mil), End-Use (Foundry, Parametric, Logic and Memory Device, DRAM, CMOS Image Sensor (CIS), Flash, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

FormFactor (U.S.), FEINMETALL GmbH (Germany), Chunghwa, Precision Test Tech.Co., Ltd. (China), RIKA DENSHI CO., LTD. (U.S.), TSE co,. Ltd. (South Korea), STAr Technologies Inc. (India), MICRONICS JAPAN CO.,LTD. (U.S.), Microfriend (South Korea), Translarity (U.S.), National Instrument Korea Co.,Ltd. (South Korea), dynamic-test (U.S.) , MPI Corporation (China), Onto Innovation. (U.S.), JAPAN ELECTRONIC MATERIALS CORPORATION (Japan), WinWay Tech. Co., Ltd. (China), Technoprobe S.p.A. (Italy), WILLTECHNOLOGY (U.S.), Wentworth Labs (UK), high tech high (U.S.), SV Probe (Singapore) among others

Data Points Covered in Report

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Segment Analysis:

The global probe card market is segmented into eight notable segments based on probe type, manufacturing technology type, wafer size, head size, test, material, application, beam size, and end-use.

  • On the basis of probe type, the global probe card market is segmented into advanced probe card and standard probe card. In 2022, the advanced probe card is expected to dominate the global probe card market with the highest CAGR of 10.9% because it provides the highest quality and is tailored to customers' needs and testing environments.
  • On the basis of manufacturing technology type, the global probe card market is segmented into MEMS, vertical, cantilever, epoxy, blade, others. In 2022, the MEMS segment is expected to dominate the global probe card market with the highest CAGR of 11.0% because it because it gives better contact with the wafer and leads to better test results.
  • On the basis of wafer size, the global probe card market is segmented into more than 12 inches and less than 12 inches. In 2022, more than 12 inches segment is anticipated to dominate the global probe card market with the highest CAGR of 11.1% in the forecast period of 2022 to 2029 as it contains different varieties of semiconductor/LCD industries.
  • On the basis of application, the global probe card market is segmented into WLCSP, SIP, mixed signal flip chip, and analog. In 2022, the WLCSP segment is anticipated to dominate the global probe card market with the highest CAGR of 11.5%

The WLCSP segment is anticipated to dominate the global probe card market

In 2022, the WLCSP segment is anticipated to dominate the global probe card market with the highest CAGR of 11.5% in the forecast period of 2022 to 2029. The high growth of the WLCSP segment is attributed to the fact that it because it can adapt to various applications from simple IC to computer processors.

  • On the basis of the test, the global probe card market is segmented into DC test, functional test, AC test. In 2022, DC test segment is anticipated to dominate the global probe card market with the highest CAGR of 11.4% in the forecast period of 2022 to 2029. The high growth of the DC test segment is due to the direct current test helps to identify breakage in integrated circuit.
  • On the basis of material, the global probe card market is segmented into Tungsten, Copper Clad Laminated (CCL), aluminum, and others. The Tungsten segment is anticipated to dominate the global probe card market with the highest CAGR of 13.0%

In 2022, Tungsten segment is anticipated to dominate the global probe card market

In 2022, tungsten segment is anticipated to dominate the global probe card market with the highest CAGR of 13.0% in the forecast period of 2022 to 2029. The tungsten segment is anticipated to dominate the market because of its high melting point, thermal expansion coefficient, and extremely high shape stability even under a super high-temperature environment. Moreover, they been utilized for a variety of reasons, including their high stiffness, hardness, and wear resistance.

  • On the basis of beam size, the global probe card market is segmented into more than 1.5 mil and less than 1.5 mil. In 2022, more than 1.5 mil segment is anticipated to dominate the global probe card market with the highest CAGR of 11.3% in the forecast period of 2022 to 2029. The high growth of the 1.5 mil segment is attributable to the fact that it contains a minimum feature size to continue the semiconductor manufacturing process.
  • On the basis of end-use, the global probe card market is segmented into foundry, parametric, logic and memory device, DRAM, CMOS image sensor (CIS), flash, others. In 2022, the foundry segment is anticipated to dominate the global probe card market with the highest CAGR of 11.4% in the forecast period of 2022 to 2029. The foundry segment is anticipated to dominate the market due to the rise in demand for ICs in all electronic devices.

Major Players

Data Bridge Market Research recognizes the following companies as the major probe card market players in probe card market are FormFactor (U.S.), FEINMETALL GmbH (Germany), Chunghwa, Precision Test Tech.Co., Ltd. (China), RIKA DENSHI CO., LTD. (U.S.), TSE co,. Ltd. (South Korea), STAr Technologies Inc. (India), MICRONICS JAPAN CO.,LTD. (U.S.), Microfriend (South Korea), Translarity (U.S.), National Instrument Korea Co.,Ltd. (South Korea), dynamic-test (U.S.) , MPI Corporation (China), Onto Innovation. (U.S.), JAPAN ELECTRONIC MATERIALS CORPORATION (Japan), WinWay Tech. Co., Ltd. (China), Technoprobe S.p.A. (Italy), WILLTECHNOLOGY (U.S.), Wentworth Labs (UK), high tech high (U.S.), SV Probe (Singapore) among others.

Probe Card Market

Market Development

  • In December 2021, FormFactor started a new manufacturing facility for semiconductor wafer probe card production in California. The initiative was taken to expand the production capacity of probe cards. The benefit of the production facility will help the company meet customer rising demand. The market will have more products with significant features.
  • In April 2021, FEINMETALL GmbH introduced a new wafer probe card with a spring contact probe as a contact element. The company has launched the product because of its unique features for contacting chips and probe independently spring-loaded and have a special tip style. The product was in demand in the market. The market was enriched with new feature probes as per the demand of users.
  • In May 2020, Datera, Inc. has partnered with Fujitsu to accelerate organizations' transition to attaining agility and efficiency in the software-defined data center. The partnership allows Fujitsu to incorporate the Datera Data Services Platform, a self-contained software-defined storage (SDS) platform, into its product line.

Regional Analysis

Geographically, the countries covered in the probe card market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).

As per Data Bridge Market Research analysis:

North America is the dominant region in probe card market during the forecast period

North America dominated the probe card market owing to the increase in the investments of semiconductor industries after COVID-19. North America will continue to dominate the probe card market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the presence of major semiconductor material manufacturers within this region.

Asia-Pacific is estimated to be the fastest growing region in probe card market

Asia-Pacific is expected to grow during the forecast period due to the high demand for semiconductor products in this region. In addition to this, higher manufacturing of semiconductors are expected propel the market's growth rate in this region.

COVID-19 Impact Analysis

The outbreak of COVID-19 largely impacted the probe card market. China and India are the region's most major manufacturing hubs, with an increased emphasis on industrialization. The lockdown has impeded the manufacturing industry's growth. However, the industry is predicted to rebound by improving its manufacturing skills in the second half of 2021. The embargo on commercial activity has affected Asia Pacific industrial supply networks, resulting in raw material shortages. The COVID-19 outbreak has had a wide range of consequences, which resulted in a massive slowdown of the probe card market trends volatility, growth in public panic, and uncertainty about the future.

Governments have attempted to address the long-term repercussions of COVID-19 by introducing favorable programs and policies such as financial packages, lower interest rates, and tax exemptions. Despite global efforts to discover a COVID-19 breakthrough, the probe card market is likely to revive to a high level during the projection period.

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