Press release
Advanced Probe Card Market Size Forecasted To Achieve $1.72 Billion By 2029 With Steady Growth
Advanced Probe Card Market
What Is the Advanced Probe Card Market Size and Projected Growth Rate?
The advanced probe card market has shown solid growth, with a projected increase from $1.22 billion in 2024 to $1.31 billion in 2025 at a CAGR of 7.5%, stemming from greater semiconductor complexity, booming consumer electronics, expanding data centers, innovation in automotive electronics, and rising production of advanced ICs.
The advanced probe card market is forecasted to grow to $1.72 billion by 2029 at a CAGR of 7.2%. Factors contributing to this include rising demand in EVs and autonomous vehicles, growing use of wearables, semiconductor manufacturing investments, and more health monitoring devices. Trends involve tech upgrades, 5G proliferation, AI integration, IoT expansion, and global market reach.
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What Are the Major Segments in the Advanced Probe Card Market?
The advanced probe card market covered in this report is segmented -
1) By Technology: Micro-Electro-Mechanical Systems (MEMS), Cantilever, Vertical
2) By Material: Tungsten, Copper Clad Laminated, Aluminum, Other Materials
3) By Application: Foundry And Logic, Dynamic Random Access Memory (DRAM), Flash, Parametric, Other Applications
Subsegments:
1) By Micro-Electro-Mechanical Systems (Mems): Mems Probe Cards For High-Density Applications, Mems Probe Cards For Semiconductor Testing, Mems-Based Probes For Fine Pitch Testing, Mems Probe Cards For Rf (Radio Frequency) Testing, Mems Technology In Probe Cards For Mems And Sensors
2) By Cantilever: Single Cantilever Probe Cards, Multi-Cantilever Probe Cards, Cantilever Probe Cards For Low To Medium Pin Count Applications, Cantilever Probe Cards For High-Volume Production Testing, Cantilever-Based Probe Cards For Automotive Ic Testing
3) By Vertical: Vertical Probe Cards For High-Current Testing, Vertical Probe Cards For High-Density Interconnects, Vertical Probe Cards For 3d Ic Testing, Vertical Probe Cards For Memory Device Testing, Vertical Probe Cards For Power Device Testing
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What Are The Driving Advanced Probe Card Market Evolution?
The expansion of the semiconductor industry is accelerating the advanced probe card market. Semiconductors are vital for electronics, and demand is growing across consumer, automotive, and telecom sectors. Advanced probe cards ensure efficient wafer testing, maintaining chip reliability. The Semiconductor Industry Association noted global semiconductor sales hit $574.1 billion in 2022, up 3.3% from $555.9 billion in 2021. Therefore, semiconductor industry growth is driving the advanced probe card market.
Which Firms Dominate The Advanced Probe Card Market Segments?
Major companies operating in the advanced probe card market are Tokyo Electron Limited, Advantest Corporation, FormFactor Inc., TT Electronics plc, Technoprobe S.p.A., ESPEC Corporation (ESPEC Group), Micronics Japan Co. Ltd. (MJC), STAr Technologies Inc., TSE Co. Ltd., Japan Electronic Materials Corporation (JEM), Chunghwa Precision Test Tech.Co. Ltd ., Synergie Cad Probe, MPI Corporation, WinWay Technology Co. Ltd., Microfriend Inc., Korea Instrument Corporation, Nidec SV Probe Pte. Ltd., Microfabrica Inc., GGB Industries Inc., Will Technology Co. Ltd., Feinmetall GmbH, Semics Inc., Wentworth Laboratories Ltd., TIPS Messtechnik GmbH, AMST GmbH
What Trends Are Expected to Dominate the Advanced Probe Card Market in the Next 5 Years?
Firms in the advanced probe card market are entering strategic partnerships to expand technological capabilities and market access. In December 2022, Cohu, Inc. partnered with Chunghwa Precision Test Tech. Co., Ltd. to integrate mmWave RF and socket technology with advanced substrates and load boards, delivering efficient high-frequency testing solutions.
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Which Is The Largest Region In The Advanced Probe Card Market?
Asia-Pacific was the largest region in the advanced probe card market in 2024. The regions covered in the advanced probe card market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Advanced Probe Card Market?
2. What is the CAGR expected in the Advanced Probe Card Market?
3. What Are the Key Innovations Transforming the Advanced Probe Card Industry?
4. Which Region Is Leading the Advanced Probe Card Market?
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