Probe Card Market

Global Probe Card Market Size, Share, Growth Analysis, By Type(Cantilever Probe Card, MEMS Probe Card), By Application(DRAM, Flash) - Industry Forecast 2023-2030


Report ID: SQMIG45N2008 | Region: Global | Published Date: February, 2024 | Pages: 157 | Tables: 64 | Figures: 75

Global Probe Card Market Insights

Probe Card Market size was valued at USD 2373.75 million in 2021 and is poised to grow from USD 2630.14 million in 2022 to USD 2630.56 million by 2030, growing at a CAGR of 10.8% in the forecast period (2023-2030).

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.

Market snapshot - 2023-2030

Global Market Size

USD 2373.75 million

Largest Segment

Flash

Fastest Growth

DRAM

Growth Rate

10.8% CAGR

Global Probe Card Market, 2021-2028 ($ Bn)
Country Share for Asia Pacific Region- 2021 (%)
Global Probe Card Market Size By Application , 2021-2028 ($ Bn)
Global Probe Card Market Size By Application, 2021-2028 (%)

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Global Probe Card Market Segmental Analysis

The Global Probe Card Market is segmented based on type, application, and region. Based on type Probe Card Market is categorized into Cantilever Probe Card, MEMS Probe Card, and Vertical Probe Card. By application Probe Card Market is segmented DRAM, Flash, Foundry & Logic, and Others. Based on region Probe Card Market is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.

Probe Card Market Analysis by Application

Due to the overall rise of the semiconductor sector, the largest segment, foundry and logic, is forecasted to grow at the fastest rate over the forecast period. Fabless companies save money by not owning such facilities, whereas the foundry model uses two strategies to avoid these expenditures. Merchant foundries, on the other hand, source work from a global pool of fabless companies and keep their factories fully operational through careful scheduling, pricing, and contracting.

Global Probe Card Market By Application , 2021(%), 2021 (%)

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Global Probe Card Market Regional Insights

Due to the presence of major semiconductor manufacturers, major suppliers of semiconductor materials, high-end equipment, and special semiconductors, mainly in Japan, Asia Pacific is expected to dominate the probe cards market during the forecast period. Moreover, South Korea has a competitive edge in global high bandwidth memory (HBM) and dynamic random-access memory (DRAM), propelling the probe cards market further. Besides that, semiconductor integration in automobiles for safety-related electronics systems, automation, electrification, digital connectivity, and security is propelling the probe cards market.

Global Probe Card Market By Geography, 2021 - 2028, 2023-2030
  • Largest
  • Fastest

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Global Probe Card Market Dynamics

Probe Card Market Driver

  • A surge in electronic testing demand in the semiconductor industry may act as a driver in the Global Probe Card Market. The lack of consumer awareness about the benefits of the probe card solution is expected to stymie Probe Card Market growth. A rise in strategic partnership and collaboration among organisations, on the other hand, is expected to provide opportunities for the Global Probe Card Market. The high cost of the probe card solution may limit the market's growth.
  • The emerging technologies such as autonomous driving, artificial intelligence (AI), 5G, and the Internet of Things, semiconductor adoption are increasing, further supplementing the probe cards market. Moreover, key players are focusing on various marketing strategies such as mergers and acquisitions, and collaborations in order to maintain their Probe Card Market competitive edge.
  • Electronic component shrinkage has impacted semiconductor device manufacturers because foundries must rebuild their manufacturing facilities to ensure optimal production facilities for MEMS and 3D ICs. As a result, the requirement for testing equipment is expected to rise, boosting the probe card market growth during the forecast period.

Probe Card Market Restraint

  • The increasing demand for complex electronic circuitry technologically and constant technological changes in consumer electronics is major restrain for the Probe Card Market growth. Because it is time-consuming and labour-intensive and also manufacturers have to enhance the current manufacturing facility.

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Global Probe Card Market Competitive Landscape

The Global Probe Card Market competitive landscape includes information provided by the competitor. Company overview, financials, revenue generated, market potential, investment in R&D, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, and technology lifeline curve are all included.

Probe Card Market Top Players Company Profiles

  • FormFactor
  • SV Probe 
  • Feinmetall
  • Advantest
  • Japan Electronic Materials Corp.
  • Micronics Japan Co., Ltd.
  • Technoprobe S.p.A.
  • Cascade Microtech, Inc.
  • MPI Corporation
  • Korea Instrument Co., Ltd.
  • Teseda Corporation
  • JEM America Corp.
  • Wentworth Laboratories Ltd.
  • Microfriend Inc.
  • Synergie Cad Probe
  • GGB Industries, Inc.
  • Microcraft K.K.
  • Cerprobe Corporation
  • Hprobe
  • Pogo Engineering Corp.

Probe Card Market Recent Developments

  • In May 2022, Advantest launched a compact test station for v93000 platform, enabling 4x capacity increase in IC engineering labs.
  • In May 2022, Advantest collaborated with Synopsys to deliver real-time data analytics for semiconductor tests.
  • In December 2021, FormFactor opened a new manufacturing facility for semiconductor wafer probe card production in California. The initiative was taken to increase probe card production capacity. The production facility will help the company meet rising customer demand. More products with significant features will be available in the probe card market.
  • In April 2021, a new wafer probe card with a spring contact probe as a contact element was introduced by FEINMETALL GmbH. The product was launched by the company due to its unique features for contacting chips and probes that are independently spring-loaded and have a special tip style.

Global Probe Card Key Market Trends

  • To meet the growing demand for compact and portable electronic products, semiconductor OEMs are constantly investing in research and development to create micro components.  Furthermore, electronic component shrinkage has impacted semiconductor device manufacturers because foundries must rebuild their manufacturing facilities to ensure optimal production facilities for MEMS and 3D ICs. As a result, the demand for testing equipment is expected to rise, boosting the probe card market growth during the forecast period.
  • Electronic testing is performed in the semiconductor industry to ensure that the specifications required to design and fabricate chips used in devices are met, and companies are developing new design and fabrication methods. Environmental stress conditions such as radiation exposure, temperature extremes, vibration, and dirt may affect electronic testing procedures; thus, semiconductor manufacturers create a harsh environment during the engineering and production test stages to ensure the quality and reliability of electronic testing.

Global Probe Card Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to our analysis, current attempts to construct a Probe Card are centred on the peaceful coexistence of stakeholders of all sizes, promote decentralised division of power, and hasten the transition to web 3.0. The promise of the Probe Card is based on the disruption of existing technologies and the integration of multiple platforms for value creation in a virtual universe of possible applications spanning work, entertainment, financing, trade and exchange of services, virtual travel, gaming, and digital engagements in an immersive self-sustaining ecosystem powered by digital currencies and enabling edge computing.

Report Metric Details
Market size value in 2021 USD 2373.75 million
Market size value in 2030 USD 2630.56 million
Growth Rate 10.8%
Base year 2021
Forecast period 2023-2030
Forecast Unit (Value) USD Million
Segments covered
  • Type
    • Cantilever Probe Card, MEMS Probe Card, Vertical Probe Card
  • Application
    • DRAM, Flash, Foundry & Logic, Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • FormFactor
  • SV Probe 
  • Feinmetall
  • Advantest
  • Japan Electronic Materials Corp.
  • Micronics Japan Co., Ltd.
  • Technoprobe S.p.A.
  • Cascade Microtech, Inc.
  • MPI Corporation
  • Korea Instrument Co., Ltd.
  • Teseda Corporation
  • JEM America Corp.
  • Wentworth Laboratories Ltd.
  • Microfriend Inc.
  • Synergie Cad Probe
  • GGB Industries, Inc.
  • Microcraft K.K.
  • Cerprobe Corporation
  • Hprobe
  • Pogo Engineering Corp.
Customization scope

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  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Probe Card Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Probe Card Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Probe Card Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Probe Card Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Probe Card Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Probe Card Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQ's

Probe Card Market size was valued at USD 2373.75 million in 2021 and is poised to grow from USD 2630.14 million in 2022 to USD 2630.56 million by 2030, growing at a CAGR of 10.8% in the forecast period (2023-2030).

The Global Probe Card Market competitive landscape includes information provided by the competitor. Company overview, financials, revenue generated, market potential, investment in R&D, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, and technology lifeline curve are all included. 'FormFactor', 'SV Probe ', 'Feinmetall', 'Advantest', 'Japan Electronic Materials Corp.', 'Micronics Japan Co., Ltd.', 'Technoprobe S.p.A.', 'Cascade Microtech, Inc.', 'MPI Corporation', 'Korea Instrument Co., Ltd.', 'Teseda Corporation', 'JEM America Corp.', 'Wentworth Laboratories Ltd.', 'Microfriend Inc.', 'Synergie Cad Probe', 'GGB Industries, Inc.', 'Microcraft K.K.', 'Cerprobe Corporation', 'Hprobe', 'Pogo Engineering Corp.'

A surge in electronic testing demand in the semiconductor industry may act as a driver in the Global Probe Card Market. The lack of consumer awareness about the benefits of the probe card solution is expected to stymie Probe Card Market growth. A rise in strategic partnership and collaboration among organisations, on the other hand, is expected to provide opportunities for the Global Probe Card Market. The high cost of the probe card solution may limit the market's growth.

To meet the growing demand for compact and portable electronic products, semiconductor OEMs are constantly investing in research and development to create micro components.  Furthermore, electronic component shrinkage has impacted semiconductor device manufacturers because foundries must rebuild their manufacturing facilities to ensure optimal production facilities for MEMS and 3D ICs. As a result, the demand for testing equipment is expected to rise, boosting the probe card market growth during the forecast period.

Due to the presence of major semiconductor manufacturers, major suppliers of semiconductor materials, high-end equipment, and special semiconductors, mainly in Japan, Asia Pacific is expected to dominate the probe cards market during the forecast period. Moreover, South Korea has a competitive edge in global high bandwidth memory (HBM) and dynamic random-access memory (DRAM), propelling the probe cards market further. Besides that, semiconductor integration in automobiles for safety-related electronics systems, automation, electrification, digital connectivity, and security is propelling the probe cards market.

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Probe Card Market

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