"Catapult Your Business to Fore, Gain Competitive Advantage "
A Probe card is a medium between an electronic test system and a semiconductor wafer used to check the quality of integrated circuits or large-scale integration during semi-conductors manufacturing. Probe card performs a function to serve an electrical path between the test system and the circuits on the wafer, wherein the circuits can be tested and validated. The demand for probe cards is set to continue its robust growth in the forecasted period with the increasing application of semi-conductors across end-users mainly electronic and manufacturing. The application of semiconductors is widening in manufacturing facilities to cope up with the demand for integrated circuits used in the growing number of electronic devices. Owing to this, manufacturers are focusing on increasing their production capabilities by setting up new production facilities. For instance, in 2017, Technoprobe built a new factory in Italy to support the increasing demand for high-end probe cards.
Key Market Driver -
• Growing demand for semi-conductors in electronic, automotive and manufacturing industry
Key Market Restraint -
Increasing demand for complex electronic circuitry
Furthermore, the adoption of semiconductors is increasing owing to emerging technologies such as autonomous driving, artificial intelligence (AI), 5G and Internet of Things, further supplementing the probe cards market. Moreover, key players are focusing on various marketing strategies such as mergers & acquisitions, collaborations in order to maintain their competitive edge in the market. For instance, In October 2017, Nidec Corporation acquired SV Probe Pte. Ltd., in order to gain competitiveness in the global market and increase its sales footprints.
Key players operating in the Global Probe Cards Market are FormFactor, JAPAN ELECTRONIC MATERIALS CORPORATION, SV Probe, FEINMETALL GmbH, MICRONICS JAPAN CO., LTD., Microfriend, KOREA INSTRUMENT Co. Ltd., Synergie Cad, ADVANTEST CORPORATION, Wentworth Labs
Asia Pacific is expected to dominant the probe cards market in the forecast period owing to presence of major semi-conductors manufacturers, presence of major suppliers of semiconductor materials, high-end equipment, and special semiconductors mainly in Japan. Besides, South Korea has a competitive edge in the global high bandwidth memory (HBM) and dynamic random-access memory (DRAM), further propelling the probe cards market. Moreover, integration of semiconductors in cars for safety-related electronics systems, automation, electrification, digital connectivity, and security further driving the probe cards market.
To gain extensive insights into the market, Request for Customization
North America is expected to show substantial growth in the forecasted period owing to increasing investments in research & development activities, demand for customized semiconductors for electronic devices, favorable government regulations. For instance, according to the Journal of International Commerce and Economics, domestic and U.S.headquartered multinational enterprises sold USD 164 billion worth of semiconductors in 2016.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry