Probe Cards Market $ 3.43 Billion By 2028 Forecast 6.7% CAGR Growth 2021-2028 COVID Impact and Global Analysis by TheInsightPartners.com

The growth of the probe boards market is driven by the increase in semiconductor chip manufacturing due to the proliferation of the automotive industry and the construction of 5G infrastructure.

New York, September 17, 2021 (GLOBE NEWSWIRE) – Probe Cards Market: Key Insights
According to our new research study on ‘Probe Maps Market to 2028 – COVID-19 Impact and Global Analysis – by Type, Technology, Application and Geography’, the Probe Cards Market is expected to reach US $ 3,436.80 million by 2028 compared to US $ 2,176.67 million in 2021; it is expected to grow at a CAGR of 6.7% during 2021-2028.

Probe Cards Market: Competition Landscape and Key Developments
FEINMETALL GmbH; Form factor; Fujitsu; GGB Industries; Japanese electronic materials company; Korea Instrument Co., Ltd .; Micronics Japan Co., Ltd. ; MPI Company; SV probe; and Technoprobe SpA are among the main players presented during this market study. Market players focus on product developments, partnerships, mergers and acquisitions, and collaborations to maintain competitive advantage.

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In 2020, Datera, Inc. entered into a partnership agreement with Fujitsu to advance businesses’ transition to agility and efficiency in the software-defined data center. The agreement allows Fujitsu to integrate the Datera data services platform, which is a stand-alone software-defined storage (SDS) platform, into its product portfolio.

In 2017, MPI company collaborated with htt high tech trade GmbH. The collaboration helped the company distribute probe cards across Europe.

The increase in the use of smartphones, desktops, digital cameras, tablets, laptops, hard drives and televisions, among others, as well as the continuous development and introduction of new technologies have sparked an evolution in the consumer electronics industry. According to one of the NOVONOUS reports, the semiconductor industry is expected to grow from US $ 10.02 billion to US $ 52.58 billion from 2013 to 2020, at a CAGR of 26.72%. The increase in demand for consumer electronics is mainly attributed to the emergence of smart devices and IoT, increasing adoption of tablets, and increasing demand for devices with large screens. Consumer electronics is one of the industries that is heavily dependent on the semiconductor industry. Changes in chip size trends and the growing preference for innovative architecture in various electronic devices have driven the demand for semiconductors. The increasing scale of integrated circuit (IC) chip manufacturing has led to an increase in the demand for electronic testing, which is propelling the need for probe boards. The introduction of advanced technologies in semiconductor manufacturing equipment, such as AI and IoT, would accelerate their adoption in manufacturing facilities. In addition, the growing demand for silicon-based sensors for IoT devices, the growing presence of chip industries in emerging countries and the increase in the number of data centers and servers are the factors that are helping to improve performance. from the semiconductor industry, which, in turn, adds to the demand for probe boards.

The story continues

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According to the International Energy Agency (IEA), the share of global sales of electric cars increased by 70% to reach the sales record of 4.6% in 2020; ~ 3 million new electric cars were registered in 2020. For the first time, Europe leads the world market for electric cars, with 1.4 million new registrations. China followed with 1.2 million registrations and the United States registered 295,000 new electric cars. The emergence of modern technologies such as autonomous driving and electric vehicles has triggered the use of semiconductor devices such as microcontrollers, sensors, and memory systems in the automotive industry.

In addition, the adoption of safety-related electronic products has grown rapidly with the proliferation of the self-driving car segment. Manufacturers of semiconductor components constantly focus on manufacturing advanced systems. In addition, electrification, automation, digital connectivity and safety functions are driving the addition of more solid-state equipment in automotive electronics. With the increase in the use of electronic equipment in advanced safety functions such as Advanced Driver Assistance Systems (ADAS) added to vehicles, the consumption of automotive electronic components to ensure precise navigation, safety and energy efficiency would also increase in the years to come. , which would trigger the demand for integrated circuits, microcontrollers and sensors. Thus, with the increase in the consumption of IC chips, the testing activities of these chips have also increased, thus increasing the demand for probe boards.

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Probe Cards Market: Segment Overview
The Probe Cards market, by type, is segmented into Advanced Probe Card and Standard Probe Card. The advanced probe card segment dominated the probe card market in 2020. An advanced probe card is a probe card developed using improved technologies. It is better than cantilever type probe boards in terms of flow rate, fine pitch, positioning accuracy and high frequency. There are different types of advanced probe boards, including vertical probe, U-shaped probe, and MEMS SP. The U probe is best used for measuring memory devices. MEM-SP takes advantage of MEM technology and is used to test logic devices and microprocessors with high accuracy and reliability. The vertical probe is used to perform multi-die tests of products associated with general logic and microcomputers. FormFactor is one of the world’s leading providers of advanced probe cards. Due to their advantages over other standard probe cards, advanced probe cards are expected to hold a larger share of the global probe cards market during the forecast period.

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