North America 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
North America is one of the technologically advanced regions, with the presence of major economies such as the US, Canada, and Mexico. The developed countries in the region are known for adoption of advanced technologies, high standards of living, and developed infrastructure. Several industries such as automotive, transportation, electronics, and telecommunications, in the region are expanding their production scale to cater to the consumer demands. High disposable incomes and technological advancements have been propelling the growth of the consumer electronics industry. Smartphones, personal computers, tablets, music players, washing machines, and TVs have a broader user base in North America. A strong demand for semiconductor testing services and increase in manufacturing of consumer electronics equipment are the key factors for the growth of the probe card market. Also, increased penetration of consumer electronics is the major factor driving the growth of the North America probe card market.
North America is among the worst-hit regions by the COVID-19 pandemic. The US, Canada, and Mexico have witnessed a significant rise in the number of COVID-19 infected patients. COVID-19 has negatively impacted manufacturing businesses in the region in four critical areas, such as supply chain/operations, workforce, 2020 investments, and product offering. In the first nine months, overhead costs, including expenses for sales, research & development (R&D), and administration of various providers fell adversely, due to severe measures taken during the pandemic. Post lockdown, the market witnessed increasing demand for digital devices. North America is among the eminent regions in adopting smart or IoT-based devices due to favorable infrastructure that support high-speed internet services. The adoption of 5G network has driven the market growth post lockdown. The COVID-19 outbreak has a major impact on manufacturing facilities as production capacities were lowered. As the demand for electronics remained constant, it helped the market to resume the growth. For instance, in December 2020, Qualcomm Inc., a leading manufacturer of microprocessors, predicted that the shipments of 5G smartphones will double in 2022 owing to increasing 5G network deployment. Such increasing adoption of 5G smartphones is have some kind of positive impact after the lockdown period; while in lockdown, it certainly hampered the market growth in a negative manner.
Get more information on this report :
Market Overview and Dynamics
The probe card market in North America is expected to grow from US$ 459.89 million in 2021 to US$ 703.69 million by 2028; it is estimated to grow at a CAGR of 6.3% from 2021 to 2028. With the growing digitalization, the need for 5G networks is increasing across the region. According to the Economics Times issue published in May 2021, the US has one of the most advanced 5G networks in the region. US is already the region’s largest smartphone market, and it claims to have the world’s largest 4G market. Owing to the expansion of 5G networks, many countries in the region are continuously striving for the development of network infrastructure, which is bolstering the demand for advanced integrated circuit (IC) chips. The rise in adoption of 5G networks is emerging as a significant opportunity for companies in the electronics & semiconductor sector to develop advanced RF modules using system-in-package (SiP) technology for connectivity. According to the Ericsson’s mobility report, the share of 5G network in the North American market is expected to grow from 4% in 2020 to 80% by 2026, while the rest 20% would be held by the 4G technology. This highlights the opportunities for electronic companies to develop new electronics devices embedded with advanced IC chips to meet the evolving performance requirements. These developments are triggering the need of advanced probe cards for the testing of advanced ICs.
Key Market Segments
The North America 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 North America 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; GGB Industries; Japan Electronic Materials Corporation; Micronics Japan Co., Ltd.; SV Probe; and Technoprobe S.p.A. among others.
Reasons to buy report
- To understand the North America probe card market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for North America probe card market
- Efficiently plan M&A and partnership deals in North America probe card market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America probe card market
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
North America Probe Card Market Segmentation
North America Probe Card Market -By Type
- Advanced Probe Card
- Standard Probe Card
North America Probe Card Market –By Technology
- MEMS
- Cantilever
- Vertical
North America Probe Card Market -By Application
- Foundry and Logic
- DRAM
- Flash
- Other Applications
North America Probe Card Market -By Country
- US
- Canada
- Mexico
North America Probe Card Market -Company Profiles
- FEINMETALL GmbH
- FormFactor, Inc.
- Fujitsu
- GGB Industries
- Japan Electronic Materials Corporation
- Micronics Japan Co., Ltd.
- 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 North America Probe Card Market – By Type
1.3.2 North America Probe Card Market – By Technology
1.3.3 North America Probe Card Market – By Application
1.3.4 North America Probe Card Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Probe Card Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Probe Card Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increased 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 Progress in Semiconductor Packaging Techniques
5.4 Future Trends
5.4.1 Progress in Semiconductor Packaging Techniques
5.5 Impact Analysis of Drivers and Restraints
6. Probe Card Market –North America Analysis
6.1 North America Probe Card Market Overview
6.2 North America Probe Card Market –Revenue and Forecast to 2028 (US$ Million)
7. North America Probe Card Market Analysis – By Type
7.1 Overview
7.2 North America 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. North America Probe Card Market Analysis – By Technology
8.1 Overview
8.2 North America 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. North America Probe Card Market Analysis – By Application
9.1 Overview
9.2 North America 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. North America Probe Card Market – Country Analysis
10.1 Overview
10.1.1 North America: Probe Card Market- by Key Country
10.1.1.1 US: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Probe Card Market- By Type
10.1.1.1.2 US: Probe Card Market- By Technology
10.1.1.1.3 US: Probe Card Market- By Application
10.1.1.2 Canada: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Probe Card Market- By Type
10.1.1.2.2 Canada: Probe Card Market- By Technology
10.1.1.2.3 Canada: Probe Card Market- By Application
10.1.1.3 Mexico: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Probe Card Market- By Type
10.1.1.3.2 Mexico: Probe Card Market- By Technology
10.1.1.3.3 Mexico: Probe Card Market- By Application
11. North America 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 GGB Industries
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 Japan Electronic Materials Corporation
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 SV Probe
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 Technoprobe S.p.A.
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 Micronics Japan Co., Ltd.
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
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. US: Probe Card Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Probe Card Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Probe Card Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Probe Card Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Probe Card Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Probe Card Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Probe Card Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Probe Card Market- By Technology –Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Probe Card Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Probe Card Market Segmentation
Figure 2. North America Probe Card Market Segmentation – By Country
Figure 3. North America 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. US was the Largest Revenue Contributor in 2020
Figure 7. North America – PEST Analysis
Figure 8. North America Probe Card Market– Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. North America Probe Card Market: Impact Analysis of Drivers and Restraints
Figure 11. North America Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Probe Card Market Revenue Breakdown, By Type, 2020 & 2028 (%)
Figure 13. North America Advanced Probe Card: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Standard Probe Card: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Probe Card Market Breakdown, By Technology, 2020 & 2028 (%)
Figure 16. North America MEMS: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Cantilever: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Vertical: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Probe Card Market Breakdown, By Application, 2020 & 2028 (%)
Figure 20. North America Foundry and Logic: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America DRAM: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America Flash: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America Other Applications: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America: Probe Card Market, by Key Country-Revenue 2020 (US$ Million)
Figure 25. North America: Probe Card Market Revenue Share, by Key Country (2020& 2028)
Figure 26. US: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Canada: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Mexico: Probe Card Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Impact of COVID-19 Pandemic on Airport cleaning machine Market in North American Countries
- FEINMETALL GmbH
- FormFactor, Inc.
- Fujitsu
- GGB Industries
- Japan Electronic Materials Corporation
- Micronics Japan Co., Ltd.
- 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 North America Probe Card Market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America Probe Card market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America 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