Latest News- Probe Card Market: Advanced probe card is expected to lead the Product segment during 2025-2029

The Probe Card Market is being driven by Growing investment in fabs

The Probe Card Market is expected to grow at a CAGR of 9.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1731.8 million. In the semiconductor industry, the increase in wafer size from the historical 23mm in the 1960s to over 300mm today has significantly reduced manufacturing costs by enabling the production of a larger number of Integrated Circuits (ICs) per wafer. However, despite advancements in 450mm wafer technology, its implementation faces challenges due to a low return on investment. This has deterred several companies from investing in Research and Development (R&D) for this technology. Presently, the use of 300mm, 200mm, 150mm, and 100mm wafers caters to the demands of IC manufacturing. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Advanced probe card
  • Standard probe card
• End-user
  • Foundry and logic
  • Memory device
• Geography
  • APAC
    • China
    • Japan
    • South Korea
  • North America
    • Canada
    • Mexico
    • US
  • Europe
    • Germany
    • UK
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing investment in fabs
• Miniaturization of electronic products
• Increasing demand for IoT devices

However, the market also witnesses some limitations, which are as follows:

• Rapid technological changes in semiconductor industry
• Volatility in semiconductor industry
• Impact of technology chasm

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Market Scope in Probe Card Market Research Report

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Research Analysis Overview

The Probe Card Market is driven by the increasing complexity of semiconductors in various sectors, including consumer electronics, data centers, advanced ICs for electric and autonomous vehicles, wearable devices, and healthcare monitoring. Semiconductor manufacturing advances, such as 5G technology, artificial intelligence, IoT devices, geographical market expansion, and the semiconductor industry's continuous evolution, fuel the demand for probe cards. These cards ensure reliability through electrical contact with test points on silicon wafers, using socket technology, cantilever probes, membrane probes, and advanced substrates like load boards. The market's growth is also influenced by the need for chip quality improvement and the development of new technologies like 3D probing and micro-probing.

Market Research Overview

The global semiconductor materials and equipment market encompasses companies engaged in the production of semiconductor materials and equipment manufacturing/fabrication, as well as wafer processing and back-end semiconductor manufacturing equipment. According to Technavio's market analysis, the market size is determined by the revenue generated from the sales of wafer processing, mask/reticle manufacturing, wafer manufacturing, fab facilities equipment, assembly and packaging, and test equipment. The market's growth will be fueled by significant investments in semiconductor fabrication. The surge in demand for integrated circuits (ICs) across sectors such as consumer electronics, data centers, advanced ICs, electric vehicles, and autonomous vehicles has led to an increase in the establishment of new fabrication plants worldwide.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/