USD 2373.75 million
Probe Card Market Size, Share, Growth Analysis, By Type (Standard, Advanced Probe Card), By Technology, By Application, By Region - Industry Forecast 2025-2032
Report ID:
SQMIG45N2008 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|Tables:
64
|Figures:
75
Probe Card Market Insights
Probe Card Market size was valued at USD 2630.14 Million in 2023 and is poised to grow from USD 2914.2 Million in 2024 to USD 2914.66 Million by 2032, growing at a CAGR of 10.8% during the forecast period (2025-2032).
Probe card serves as an interface between the test equipment and the semiconductor wafer. This helps in the evaluation of electrical performance before the chips are separated and packaged. Probe cards are extremely significant for making sure that only the functional chips proceed to the next level of production. This minimizes the defects and enhances the efficiency un semiconductor manufacturing. Furthermore, the probe card market growth is increasing rapidly owing to the rising demand from several sectors, particularly in semiconductor manufacturing. The demand for probe cards is mainly driven by the increasing production of consumer electronics and the rising complexity of integrated circuits and microchips.
Moreover, the popularity of probe cards is also increasing due to the cyclical nature of the semiconductor industry. The visibility of the market has also increased significantly due to the growing focus on quality assurance in electronics manufacturing. Semiconductors are becoming vital to more products and technologies because this is increasing the role of probe cards in ensuring component functionality. This is expanding the growth of the market and increasing value in the supply chain.
US Probe Card Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
MEMS Probe Card
Fastest Growth
Growth Rate
10.8% CAGR
Global Probe Card Market ($ Bn)
Country Share for North America Region (%)
To get more reports on the above market click here to Buy The Report
Probe Card Market Segmental Analysis
Global Probe Card Market is segmented by Type, by Technology, by Application, and by Region. Based on Type, the market is segmented into Standard Probe Card, Advanced Probe Card. Based on Technology, the market is segmented into MEMS, Vertical, Cantilever, Speciality, Other Technologies. Based on Application, the market is segmented into DRAM, Flash, Foundry and Logic, Parametric, Other Applications. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Type
Based on type, MEMS probe card segment is dominating the market with the largest probe card market share. MEMS probe cards are a valuable new tool in semiconductor tests, especially for advanced integrated circuits. These cards employ microfabrication methods to work with high precision and density, hence perfect for wafer level semiconductor device testing. Robust, scalable, and tunable to smaller pitch sizes, MEMS probe cards have been instrumental in providing a perennial solution in the test of advanced technology nodes. The increasing adoption of these devices in high performance applications can also be credited to their ability to provide repeatable performance even at extreme temperatures. The continually evolving semiconductor industry, with its demand for further miniaturization, is making the use of MEMS probe cards more and more important to maintain the high yield and performance of the final integrated circuit during its manufacturing.
The cantilever probe card segment is witnessing the fastest growth in the addiction treatment market. One of the oldest and most used technologies for wafer testing are the cantilever probe cards. They have a simple design where individual probes get into contact with the surface of the wafer. This makes them extremely common in cost-sensitive applications as well as for applications with more simplistic semiconductor test setups. Cantilever probe cards are popular because they have good durability and high-power test capabilities, enabling them to accommodate a variety of device types. These probe cards are still valued in the market due to their simplicity, relatively easy customization for special-characteristics, and ability to test larger pad sizes. They are preferred in most of these applications specifically in legacy technology environments due to their adaptability and cost efficiency.
Analysis by Application
Based on application, the foundry & logic segment is dominating the probe card market. The foundry & logic segment is also essential for the probe card market, given the high demand for custom semiconductor solutions. Foundries produce Integrated circuits (ICs) for fabless businesses and logic ICs are at the heart of computing in most electronic devices. In this segment, the probe cards are employed for wafer testing, providing an indication of integrated circuits (ICs) performance and reliability prior to incorporation into final products. As the functionality of logic devices increases, probe cards are required to support larger pin counts, finer pitches, and faster speed signal transmission. Consequently, probe cards for foundry & logic applications are built for the needs of the rigorous specifications of contemporary semiconductor manufacture.
As per probe card market analysis, the dynamic random-access memory (DRAM) segment is expected to witness the fastest growth during the forecast period. Probe Cards are an integral component in the testing of Dynamic Random Access Memory (DRAM) as part of the production process. DRAM has common application in computers, smartphones and data centers but due to speed, reliability and capacity, it needs an extensive amount of testing. The evolution of DRAM technology towards higher-density memory with faster performance continues to push the limits of DRAM test specification, which means that probe cards must meet these evolving spec. For testing DRAM chips in a chip tester for wafer origins, advanced probe cards are used, which provide an efficient, high level of productivity. As DRAM usage continues to increase, particularly in areas such as artificial intelligence (AI) and cloud computing (where quality testing for memory becomes key). This is a growing segment of the probe card market boosted by the requirement for improved memory testing solutions.
To get detailed analysis on other segments, Request For Free Sample Report
Probe Card Market Regional Insights
North America is dominating with the largest probe card market share. The market in this region is growing rapidly due to the strong presence of semiconductor manufacturing and testing infrastructure. The US is dominating in the region for investing heavily in cutting edge semiconductor technology and R&D projects. With the increasing demand for high-performance semiconductor devices from automotive, aerospace, telecommunications, and other industries, companies are capitalizing on innovations. The further penetration of 5G networks and artificial intelligence technologies also boosts the growth of the market. In addition, semiconductor manufacturers are collaborating with technology providers to enhance the development of efficient solution testing. Continued adoption of advanced probe cards, supported by the focus on efficiency, sustainability, and energy-efficient technologies is increasing market growth in the region.
The Asia-Pacific market is witnessing the fastest growth in the probe card market. The market in this region is witnessing immense growth as it manages a vast semiconductor manufacturing base, especially in countries like China, South Korea, and Taiwan. The demand for high quality probe cards is increasing in the region owing to the robust growth of consumer electronics, automotive electronics and telecommunication industries. The market is also strengthened by the supportive government policies, huge number of investments in R&D, and strong presence of the key players. Moreover, accelerating adoption of new technologies such as IoT, 5G and AI drives the requirement for advanced semiconductor testing solutions. Furthermore, cheap manufacturing along with well-trained employees is increasing probe card production and consumption, leading the market growth in Asia Pacific.
Global Probe Card Market By Geography
- Largest
- Fastest
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Probe Card Market Dynamics
Probe Card Market Drivers
Growing Demand for Semiconductor Devices
-
The increasing use of semiconductor devices in industries like consumer electronics, automotive, and telecommunications, is a major driver for the probe card market. With the increasing use of smartphones, wearables, and Internet of Things (IoT) devices entering the market, state-of-the-art semiconductor chips integrated in such devices are needed. This is increasing the requirement for more efficient and reliable testing solutions. Probe cards are an integral part of semiconductor testing, as they allow manufacturers to activate and test a chip for operation before assembling them into a complete package.
Growth of Advanced Memory Technology
-
Most of the advances in memory technology like dynamic random-access memory (DRAM) and flash, have a large impact on the growth of the probe card market. Such technologies are essential for data-heavy applications such as artificial intelligence, machine learning, and big data analytics. With manufacturers focusing on innovating in high-density and high-speed memory solutions, the requirement for special probe cards is increasing. This can accommodate complex testing requirements.
Probe Card Market Restraints
High Initial Expenses
- The high upfront investment needed to design and manufacture probe cards is one of the major constraining factors for the market growth. Complex engineering, advanced materials, and expensive test at high quality levels make for advanced probe cards. However, smaller semiconductor manufacturers–those with smaller budgets–often struggle to invest in these essential testing tools. The high cost of customized solutions to address test needs also increases the cost of devices, which can become a barrier for market entry especially in low-cost emerging regions.
Growing Technological Advancement
-
The constantly changing landscape of semiconductor manufacturing technology imposes a burden on the probe card market. As the designs of chip are becoming complex, probe card manufacturers are rising to the challenge to progress testing to meet the current evolving needs. It drives a trend of shortening product life cycles and amplifying R&D costs. In addition, lagging the adaptation of new tests or testing technology can lead to operational inefficiencies, especially a hindrance to smaller players.
Request Free Customization of this report to help us to meet your business objectives.
Probe Card Market Competitive Landscape
The probe card market is characterized by the presence of several key players, driving competition through technological advancements, strategic collaborations, and product innovation. Major players, such as FormFactor Inc., Micronics Japan Co., Ltd., and Technoprobe S.p.A, isw dominating the market, employing MEMS technology to provide exacting test solutions. To tackle the challenges posed by next-generation semiconductor devices, these companies are heavily focused on R&D investments. New entrants from Asia Pacific, providing low-cost yet viable solutions, are also adding to the competitive landscape. Furthermore, mergers, acquisitions, and partnerships are also playing vital part in the market growth as it helps the companies to expand their global footprint and diversify their product offerings.
Probe Card Market Top Players Company Profiles
- General Mills Inc.
- Amway
- Conagra Brands Inc.
- Cargill Incorporate
- Abbott Laboratories
- Kraft Foods Group Inc.
- The Coca-Cola Company
- PepsiCo Inc.
- Atkins Nutritionals Inc.
- Brunswick Corporation
- Nidec Corporation
- Feinmetall
- Advantest
- Japan Electronic Materials Corp.
- Micronics Japan Co., Ltd.
- Technoprobe S.p.A.
- MPI Corporation
- Teseda Corporation
- JEM America Corp.
- Wentworth Laboratories Ltd.
Probe Card Market Recent Developments
- In January 2024, Samsung opened a new US based R&D lab that will focus on advanced and new-generation 3D-DRAM. The laboratory will operate within Device Solutions America (DSA), which is responsible for Samsung's semiconductor fabrication in the United States and will strive to develop an advanced DRAM architecture to ensure that Samsung continues to be the leader of the global 3D memory chip industry.
- In September 2023, Jenoptik announces new UFO probe card vertical Jenoptik expands its range for wafer-level testing of photonic integrated circuits (PICs) by the UFO Probe Vertical. Like the prior probe cards, the vertical version is based on the proprietary UFO Probe technology.
- In April 2024, FormFactor unveils a novel presentation, COMPASS, on how to optimize CCC in a Probe Card and journey to an Unburnable Probe. This presentation discusses various probe card design strategies for CCC improvement toward a practical CCC above 2.5A at 80-um minimum pitch. These strategies include new probe designs and architectural enhancements to preserve probe integrity in vigorous high-stress, high-current environments.
Probe Card Key Market Trends
- Adoption of MEMS Probe Card: Recent trend gaining momentum in the market are the adoption of micro-electro-mechanical systems (MEMS) probe cards. MEMS based probe cards are capable of testing complex semiconductor devices with high precision and durability. MEMS technology allows for the development of highly accurate and robust probe cards capable of testing high complexity semiconductor devices. These cards have features like high performance, better signal integrity, and lower wear and tear, making them perfect for 5G networks and autonomous vehicles.
- Increasing Adoption of Multi-Die Testing: Multi-die testing trend is on the rise with semiconductor manufacturers pushing for more efficiency and lower costs. Multi-die packaging is an advanced chip architecture, necessitates probe cards that can be used for simultaneous chip testing. This probe card market trend is prevalent because of the increasing adoption of chiplet-based architectures and heterogeneous integration technologies. Multi-die probe cards enable parallel testing which decreases test time and operational expenditures significantly and therefore, a key requirement for high-volume production.
Probe Card Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, probe card industry plays a vital part in the semiconductor testing sector that tests and evaluates semiconductor wafers after they are manufactured. These cards play vital role to maintain higher performance and reliability in many semiconductor applications. Probe cards are developed to deal with the requirements related to the compact and complex devices like MEMS and DRAM with the advancement of technology. Moreover, the growing use of AI, IoT, and 5G technologies has added fuel to the sales, since they need advanced semiconductor testing solutions. In addition, emergence of new designs including MEMS-based and cantilever probe cards have strengthened the market. Continuous growth in semiconductor manufacturing and testing facilities worldwide drives the overall market expansion.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 2373.75 million |
| Market size value in 2031 | USD 2630.56 million |
| Growth Rate | 10.8% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Probe Card Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Probe Card Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Probe Card Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Probe Card Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Probe Card Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Probe Card Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
USA (+1) 351-333-4748
