Global Probe Card Market – Industry Analysis and Forecast (2020-2027)
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Global Probe Card Market was valued USD xx Bn in 2019 and is expected to reach USD xx Bn by 2027, at CAGR of 5.2% during forecast period 2020-2027.
Global Probe Card Market Drivers and Restrains:
Probe card examines the physical probes used to make mechanical/electrical contact with test pads on circuits. The probes are carry by a probe card and there may be anywhere from a few tens to tens of thousands of probes on a single card. Probe card can determine the precise location, size, shape, over travel deflection and more for each probe in the array. The growth drivers for the global probe card market are the development of TSV technology, the prevalence of miniaturization, increase in the semiconductor market, and the LED market.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Despite the market is governed by various growth drivers, there are certain challenges faced by the market like continuous price pressure on vendors, cyclical nature of the semiconductor industry, and the limited number of suppliers.
Some of the recent trends in the market comprise developments in the semiconductor market & LED market relating to probe cards, a transition from cantilever probe cards to advanced probe cards and the emergent strong players.
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Last Update : 12 August 2020
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