Semiconductor Probe Needles Market Set to Surge - Key Insights You Must Know

Semiconductor Probe Needles Market Size

The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period.

Probe needles, also known as probe tips or needle probes, are provided in a variety of materials, lengths, shapes and tip radius. They are typically inserted into a single probe arm mounted to a manipulator. Probe needles directly contact the device under test.

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Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Semiconductor Probe Needles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Semiconductor Probe Needles.

The Semiconductor Probe Needles market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Semiconductor Probe Needles market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Semiconductor Probe Needles manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

By Type
• Spherical Probe Needles
• Straight Rod Probe Needles

By Application
• Wafer Sorting
• Wafer Testing

Key Companies
Tecdia, Micromanipulator, Micro to Nano, SemiProbe, Heraeus, McMaster-Carr, Ted Pella, Cooper-Atkins Corporation, Brookfield Accessories, ADInstruments, Weber Scientific, ThermoWorks, Martindale Electric, INGUN, Equip - Test, Organ Needle, Suzhou UIGreen Science and Technology, Smiths Interconnect Group Limited

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