Report ID: SQMIG45N2008
Report ID:
SQMIG45N2008 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|
Tables:
64 |
Figures:
75
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.
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Report ID: SQMIG45N2008