DALLAS, TX / ACCESSWIRE / January 25, 2021 / According to a new market report published by Lucintel, the future of the probe card market looks attractive with opportunities in the electrical testing of the integrated circuit in the semiconductor industry. The probe card market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $2.1 billion by 2025 with a CAGR of 4.1% from 2019 to 2025. The major growth drivers for this market are increasing demand for integrated circuits (ICs), growth in high-frequency testing, and increase in wafer size.

Browse 62 market data tables and 74 figures spread through 152 pages and in-depth TOC on 'Probe Card Market'

To download report brochure, please go to https://www.lucintel.com/probe-card-market.aspx and click 'report brochure' tab from the menu.

In this market, different types of probe card such as standard and advanced are used as product type. Lucintel forecasts that advanced probe card will remain the largest product type and witness the highest growth during the forecast period as it eliminates the limitations related to probe area, pad layout, and extreme environment conditions.

Probe cards are used for electrical testing of different types of IC such as, foundry & logic, DRAM (Dynamic random-access memory), and flash. Foundry & logic will remain the largest type and witness the highest growth during the forecast period supported by the growth of semiconductor industry.

Asia Pacific is expected to remain the largest region and witness the highest growth during the forecast period supported by increasing production of integrated circuit in Taiwan, South Korea, Japan, and China. The presence of prominent IC manufacturers in these countries is also leading the demand for this region.

Emerging trends, which have a direct impact on the dynamics of the probe card industry, include the development of probe card to reduce the cost of testing and introduction of die stacking for advanced 2.5D and 3D stacked packages. FormFactor, Micronics Japan Co., Technoprobe, Japan Electronic Materials, MPI Corporation, Nidec SV TCL, Microfriend, Korea Instrument, Will Technology, and TSE and others are among the major probe card manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the probe card market by product type, manufacturing technology, IC type, and region and has come up with a comprehensive research report entitled 'Growth Opportunities in the Probe Card Market 2020-2025: Trends, Forecast, and Opportunity Analysis.' The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the probe card market by product type, manufacturing technology, IC type, and region as follows:

By Product Type [$M shipment analysis from 2014 to 2025]:

• Advanced
• Standard

By Manufacturing Technology [$M shipment analysis from 2014 to 2025]:

• MEMS
• Vertical
• Cantilever
• Others

By IC Type [$M shipment analysis from 2014 to 2025]:

• Foundry & Logic
• DRAM
• Flash

By Region [$M shipment analysis for 2014 to 2025]:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • United Kingdom
  • Germany
  • Italy
• Asia Pacific
  • Taiwan
  • South Korea
  • Japan
• The Rest of the World

This 152-page 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 helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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

Related reports

Artificial Intelligence Market Report:

For more details click here https://www.lucintel.com/artificial-intelligence-market.aspx

Fire Detector Market Report:

For more details click here https://www.lucintel.com/fire-detector-market.aspx

Smart Home Market Report:

For more details click here https://www.lucintel.com/smart-home-market-2020-2025.aspx

Gallium Arsenide Wafer Market Report:

For more details click here https://www.lucintel.com/gallium-arsenide-wafer-market-2020-2025.aspx

Growth Opportunities in the Global Biometric System Market:

For more details click here https://www.lucintel.com/biometric-system-market-2020-2025.aspx

Growth Opportunities in the Global Home Security Market:

For more details click here https://www.lucintel.com/home-security-market-2020-2025.aspx

Pressure Sensor Market Report:

For more details click here https://www.lucintel.com/pressure-sensor-market-2020-2025.aspx

Oscilloscope Market Report:

For more details click here https://www.lucintel.com/oscilloscope-market.aspx

Sensor Market Report:

For more details click here https://www.lucintel.com/sensor-market.aspx

GPS Tracking Device Market Report:

For more details click here https://www.lucintel.com/gps-tracking-device-market.aspx

SOURCE: Lucintel