In its report titled ‘Global Probe Card Market: Size, Trends & Forecasts (2021-2025 Edition), ResearchandMarkets.com provides an in-depth analysis of the global probe card market with detailed analysis of the market by value, volume and by segments.
The report highlights that the global probe card market is highly consolidated as a few leading vendors hold the majority of market shares. It also reveals that the market has high entry barriers owing to the highly consolidated nature of the market and the requirement of technical expertise. It anticipates that the vendors with cheaper and technologically advanced testing solutions will be able to capture a greater market share during the forecast period.
ResearchandMarkets.com reveals the key players of the industry. It states FormFactor, Japan Electronic Materials Corporations and Micronics Japan Co., Ltd as one of them.
The global probe card market decreased in 2020 due to economic recession led by COVID-19. Projections are made that the market would recover in 2021 and rise in the next five years. The report also segments the market on the basis of technology into: blade/tungsten, epoxy/cantilever, vertical probe and MEMS. The market segmentation is also done on the basis of device into Foundry & Logic, DRAM, Flash, and Engineering Systems.
The market is further bifurcated into advanced and traditional/standard probe card on the basis of product type.
The report points out the growth factors for the global probe card market to be the emergence of TSV technology, the prevalence of miniaturization, rise in the semiconductor market and LED market. Despite the market is governed by various growth drivers, there are certain challenges faced by the market such as continuous price pressure on vendors, cyclical nature of the semiconductor industry, and limited number of suppliers.
Some of the recent trends in the market include developments in the semiconductor market & LED market relating to probe cards, transition from cantilever probe cards to advanced probe cards and the emerging strong players.
