Report ID: SQMIG45N2008
Report ID:
SQMIG45N2008 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
64 |
Figures:
75
Probe Card Market size was valued at USD 2373.75 million in 2019 and is poised to grow from USD 2630.14 million in 2023 to USD 2630.56 million by 2031, growing at a CAGR of 10.8% in the forecast period (2024-2031).
A probe card is a medium between an electronic test system and a semiconductor wafer that is used to inspect the quality of integrated circuits or large-scale integration during the manufacturing of semiconductors. The probe card serves as an electrical path between the test system and the circuits on the wafer, allowing the circuits to be tested and validated. With the increasing application of semi-conductors across end-users, primarily electronic and manufacturing, demand for probe cards is expected to remain robust in the forecasted period. To meet the growing demand for integrated circuits used in an increasing number of electronic devices, semiconductors are being used in a wider range of manufacturing facilities. As a result, manufacturers are focusing on expanding their production capabilities by establishing new facilities.
US Probe Card Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG45N2008