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Presence of Leading Semiconductor Foundries in APAC Driving the Global Probe Card Market Until 2020: TechnavioThe global probe card market is expected grow at a CAGR of 4.38% during the forecast period, according to Technavio's latest report. In this report, Technavio covers the market outlook and growth prospects of the global probe card market for 2016-2020. The market is further categorized into two product segments, including advanced probe card and standard probe card, of which the advanced probe card segment dominated the market with more than 79% of the overall market share in 2015. "Automated test equipment such as probe cards are used in the manufacture of semiconductor ICs. Therefore, semiconductor device manufacturers such as foundries, outsourced assembly and test services and integrated device manufacturers are the principal customers of these probe card vendors," says Sunil Kumar Singh, a lead embedded systems research analyst from Technavio. In 2015, the system on a chip (SoC) segment was the largest revenue contributor to the global probe card market and accounted for a revenue share of 50.75%. The adoption of SoC has been on the rise due to the following reasons:
Technavio's hardware and semiconductor research study segments the global probe card market into the following regions:
In 2015, with a market share of over 69%, APAC dominated the global probe card market, followed by the Americas with over 20% and EMEA with 10%. APAC: largest market for probe card The probe card market in APAC will reach a CAGR of above 5% during the forecast period. Taiwan, South Korea, Chia, and Japan are the major countries contributing to the growth of this region. The presence of a majority of leading semiconductor foundries such as Taiwan Semiconductor Manufacturing, United Microelectronics, and Semiconductor Manufacturing International is creating the demand for probe cards in APAC. The increase in consumer electronics and the rollout of LTE market in China for communication devices has led to the expansion of LTE base station infrastructure in China, which will give rise to an increased need for semiconductor ICs, which need to be tested, thereby fostering the growth of the market in this region. In 2015, the sale of probe cards for memory devices in South Korea was firm due to the presence of prominent mobile and consumer electronic device manufacturers such as Samsung and LG. Furthermore, the presence of other dominant consumer electronics and mobile devices manufacturers such as Sony, Toshiba, Lenovo (News - Alert), Huawei, Fujitsu, and Panasonic in other APAC countries is supporting the demand for semiconductor devices. Ask sample report: http://goo.gl/wm7tsK Probe card market in the Americas The probe card market in the Americas will attain a CAGR of more than 3% during the forecast period. The increase in the communication devices, such as smartphones and phablets, and the automotive market of US have been driving the rise in production of semiconductor ICs in the region. The presence of few prominent semiconductor manufacturers such as GlobalFoundries and Intel (News - Alert) that fabricate wafers of sizes 200 nm and 300 nm will propel the demand for probe cards in the region. "Regulatory authorities such as Federal Communications Council in the US and Health Canada and Industry Canada in Canada have set guidelines for devices and networks emitting radio waves. Service providers and device manufacturers must comply with the regulatory guidelines for releasing their products in the market. This will increase the demand for RF test equipment, including probe cards, in the region," asserts Sunil. Probe card market in EMEA The probe card market in EMEA will attain a CAGR of over 1% during the forecast period. Some of the semiconductor manufacturing companies in this region are Infineon Technologies (News - Alert), NXP Semiconductors, and STMicroelectronics. However, EMEA will contribute low revenue compared to APAC and the US because of the small concentrations of semiconductor IC manufacturers in this region. Furthermore, due to the economic crisis in Eurozone, many manufacturers will shift their semiconductor manufacturing facilities to APAC. APAC also has availability of cheaper resources than EMEA, which can further reduce the demand for probe cards in EMEA. The top vendors in the global probe card market highlighted in the report are: Browse Related Reports:
Do you need a report on a market in a specific geographical cluster or country but can't find what you're looking for? Don't worry, Technavio also takes client requests. Please contact [email protected] with your requirements and our analysts will be happy to create a customized report just for you. About Technavio Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected].
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