Asia Pacific Probe Card Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Advanced Probe Card and Standard Probe Card), Technology (MEMS, Cantilever, and Vertical), and Application (Foundry and Logic, DRAM, Flash, and Other Applications)
Market Introduction
Asia Pacific comprises the largest and most dynamic economies such as China, India, Japan, Australia, and South Korea. Taiwan, China, and Japan are the leading semiconductor manufacturing countries in Asia Pacific. The rising disposable income in developing countries such as India and China, is leading to a large client base for high-tech consumer electronics such as smart wearables, smartphones, and electric vehicles. This factor is expected to drive the probe card market in the region. China is a leading manufacturing hub for the IC packaging technology-based products, while Taiwan, South Korea, and Japan are also significant contributors to the regional market growth. Many of the Asia Pacific countries are characterized by the mass production of electronic devices required for consumer electronics, automotive components, telecommunication devices, and other industrial machineries. Also, building 5G infrastructure is the major factor driving the growth of the APAC probe card market.
The COVID-19 that emerged in China has affected several neighboring countries such as India, South Korea, and Japan, among others. China and India are the most prominent manufacturing hub in the region and have an enhanced focus on industrialization. The growth of the manufacturing industry has been hampered due to lockdown but soon expected to recover the development by enhancing the production capabilities in the second half of the year 2021. The imposition of a ban on commercial activities has disrupted the industrial supply chains in Asia Pacific region, leading to raw material shortages. Further, the demand for advanced electronics such as a smartwatches, smart wearables, and healthcare machines has risen significantly. Also, the development of new airports is rising defense expenditure of countries such as China and India; this is likely to provide growth opportunities to the market due to more uses of IC chips. Moreover, companies in Asia Pacific have restructured their capabilities by adopting various strategies such as product enhancements, partnerships, and acquisitions.
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Market Overview and Dynamics
The probe card market in APAC is expected to grow from US$ 1,478.20 million in 2021 to US$ 2,401.40 million by 2028; it is estimated to grow at a CAGR of 7.2% from 2021 to 2028. Increase in the use of smartphones, desktops, digital cameras, tablets, laptops, hard disks, and televisions, among others, and continuous development and introduction of new technologies have been triggering evolution in the consumer electronics industry. The rise in demand for consumer electronics is mainly credited to the emergence of smart devices and IoT, growing adoption of tablets, and surge in demand for devices with large screens. The surge in consumer electronics demand is driving the growth of the semiconductor manufacturing businesses, as consumer electronics is one of the industries that highly depend on the semiconductor industry. Changes in trends related to chip sizes and growing preference for innovative architecture in various electronic devices have boosted semiconductor demand. The elevating scale of integrated circuit (IC) chips manufacturing has led to the surge in demand for electronics testing, which is propelling the requirement of probe cards. Additionally, the introduction of advanced technologies in semiconductor manufacturing equipment, such as AI and IoT, would accelerate their adoption in fabrication facilities. Furthermore, the rising demand for silicon-based sensors for IoT devices, expanding presence of chip industries in emerging countries, and rise in the number of data centers and servers are the factors that help boost the performance of the semiconductor industry. These factors, in turn, would continue to boost the demand for probe cards in the coming years.
Key Market Segments
The APAC probe card market has been analyzed based on type, technology, application, and country. Based on type, the probe card market is segmented into advanced probe card and standard probe card. The advanced probe card segment dominated the market in the year 2020 and is expected to be the fastest growing during forecast period. Based on technology, the probe card market is segmented into MEMS, cantilever, and vertical. The MEMS segment dominated the market in the year 2020 and is expected to be the fastest growing during forecast period. Moreover, based on application, probe card market is segmented into foundry and logic, DRAM, flash, and others. The foundry and logic segment dominated the market in the year 2020 and is expected to be the fastest growing during forecast period.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the probe card market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are FEINMETALL GmbH; FormFactor, Inc.; Fujitsu; Japan Electronic Materials Corporation; Korea Instrument Co., Ltd.; Micronics Japan Co., Ltd.; MPI Corporation; SV Probe; and Technoprobe S.p.A. among others.
Reasons to buy report
- To understand the APAC probe card market landscape and identify market segments that are most likely to guarantee a strong return
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- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC probe card market
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APAC Probe Card Market Segmentation
APAC Probe Card Market -By Type
- Advanced Probe Card
- Standard Probe Card
APAC Probe Card Market –By Technology
- MEMS
- Cantilever
- Vertical
APAC Probe Card Market -By Application
- Foundry and Logic
- DRAM
- Flash
- Other Applications
APAC Probe Card Market -By Country
- China
- Australia
- India
- Japan
- South Korea
- Rest of APAC
APAC Probe Card Market -Company Profiles
- FEINMETALL GmbH
- FormFactor, Inc.
- Fujitsu
- Japan Electronic Materials Corporation
- Korea Instrument Co., Ltd.
- Micronics Japan Co., Ltd.
- MPI Corporation
- SV Probe
- Technoprobe S.p.A.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Probe Card Market – By Type
1.3.2 APAC Probe Card Market – By Technology
1.3.3 APAC Probe Card Market – By Application
1.3.4 APAC Probe Card Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Probe Card Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC Probe Card Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Penetration of Consumer Electronics
5.1.2 Growth in Manufacturing of Semiconductor Chips due to Proliferating Automotive Sector
5.2 Key Market Restraints
5.2.1 Frequent Testing Failures could Hamper the growth
5.3 Key Market Opportunities
5.3.1 Building 5G Infrastructure
5.4 Future Trends
5.4.1 Progression in Semiconductor Packaging Techniques
5.5 Impact Analysis of Drivers and Restraints
6. Probe Card Market – APAC Analysis
6.1 APAC Probe Card Market Overview
6.2 APAC Probe Card Market – Global Revenue and Forecast to 2028 (US$ Million)
7. APAC Probe Card Market Analysis – By Type
7.1 Overview
7.2 APAC Probe Card Market Revenue Breakdown, By Type, 2020 and 2028
7.3 Advanced Probe Card
7.3.1 Overview
7.3.2 Advanced Probe Card: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Standard Probe Card
7.4.1 Overview
7.4.2 Standard Probe Card: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
8. APAC Probe Card Market Analysis – By Technology
8.1 Overview
8.2 APAC Probe Card Market Breakdown, By Technology, 2020 & 2028
8.3 MEMS
8.3.1 Overview
8.3.2 MEMS: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Cantilever
8.4.1 Overview
8.4.2 Cantilever: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Vertical
8.5.1 Overview
8.5.2 Vertical: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
9. APAC Probe Card Market Analysis – By Application
9.1 Overview
9.2 APAC Probe Card Market Breakdown, By Application, 2020 & 2028
9.3 Foundry and Logic
9.3.1 Overview
9.3.2 Foundry and Logic: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
9.4 DRAM
9.4.1 Overview
9.4.2 DRAM: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Flash
9.5.1 Overview
9.5.2 Flash: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Other Applications
9.6.1 Overview
9.6.2 Other Applications: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
10. APAC Probe Card Market – Country Analysis
10.1 Overview
10.1.1 APAC: Probe Card Market- by Key Country
10.1.1.1 Australia: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Australia: Probe Card Market- By Type
10.1.1.1.2 Australia: Probe Card Market- By Technology
10.1.1.1.3 Australia: Probe Card Market- By Application
10.1.1.2 China: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 China: Probe Card Market- By Type
10.1.1.2.2 China: Probe Card Market- By Technology
10.1.1.2.3 China: Probe Card Market- By Application
10.1.1.3 India: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 India: Probe Card Market- By Type
10.1.1.3.2 India: Probe Card Market- By Technology
10.1.1.3.3 India: Probe Card Market- By Application
10.1.1.4 Japan: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Japan: Probe Card Market- By Type
10.1.1.4.2 Japan: Probe Card Market- By Technology
10.1.1.4.3 Japan: Probe Card Market- By Application
10.1.1.5 South Korea: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 South Korea: Probe Card Market- By Type
10.1.1.5.2 South Korea: Probe Card Market- By Technology
10.1.1.5.3 South Korea: Probe Card Market- By Application
10.1.1.6 Rest of APAC: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of APAC: Probe Card Market- By Type
10.1.1.6.2 Rest of APAC: Probe Card Market- By Technology
10.1.1.6.3 Rest of APAC: Probe Card Market- By Application
11. APAC Probe Card Market- COVID-19 Impact Analysis
11.1 Overview
12. Industry Landscape
12.1 Overview
13. Company Profiles
13.1 FEINMETALL GmbH
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 FormFactor, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Fujitsu
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Japan Electronic Materials Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Korea Instrument Co., Ltd.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 MPI Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 SV Probe
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Technoprobe S.p.A.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Micronics Japan Co., Ltd.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. APAC Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Australia: Probe Card Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: Probe Card Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Probe Card Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 5. China: Probe Card Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. China: Probe Card Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Probe Card Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 8. India: Probe Card Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. India: Probe Card Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 10. India: Probe Card Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan: Probe Card Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan: Probe Card Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan: Probe Card Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 14. South Korea: Probe Card Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea: Probe Card Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Probe Card Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of APAC: Probe Card Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of APAC: Probe Card Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC: Probe Card Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Probe Card Market Segmentation
Figure 2. APAC Probe Card Market Segmentation – By Country
Figure 3. APAC Probe Card Market Overview
Figure 4. Advanced Probe Card Type Held the Largest Market Share in 2020
Figure 5. Foundry and Logic Application Held the Largest Market Share in 2020
Figure 6. China was the Largest Revenue Contributor in 2020
Figure 7. Asia Pacific – PEST Analysis
Figure 8. APAC Probe Card Market– Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. APAC Probe Card Market: Impact Analysis of Drivers and Restraints
Figure 11. APAC Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC Probe Card Market Revenue Breakdown, By Type, 2020 & 2028 (%)
Figure 13. APAC Advanced Probe Card: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. APAC Standard Probe Card: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. APAC Probe Card Market Breakdown, By Technology, 2020 & 2028 (%)
Figure 16. APAC MEMS: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. APAC Cantilever: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. APAC Vertical: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. APAC Probe Card Market Breakdown, By Application, 2020 & 2028 (%)
Figure 20. APAC Foundry and Logic: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. APAC DRAM: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. APAC Flash: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. APAC Other Applications: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. APAC: Probe Card Market, By Key Country-Revenue 2020 (US$ Million)
Figure 25. APAC: Probe Card Market Revenue Share, By Key Country (2020 and 2028)
Figure 26. Australia: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. China: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. India: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Japan: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. South Korea: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of APAC: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- FEINMETALL GmbH
- FormFactor, Inc.
- Fujitsu
- Japan Electronic Materials Corporation
- Korea Instrument Co., Ltd.
- Micronics Japan Co., Ltd.
- MPI Corporation
- SV Probe
- Technoprobe S.p.A.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC Probe Card Market.
- Highlights key business priorities in order to assist companies to realign their business strategies
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth APAC market trends and outlook coupled with the factors driving Probe Card market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution