advanced probe card market size, advanced probe card market share, advanced probe card market growth, advanced probe card market scope, advanced probe card industry trends, advanced probe card market forecast
How big is the advanced probe card market today, and what are its future growth expectations?
The advanced probe card market size has grown strongly in recent years. It will grow from $1.22 billion in 2024 to $1.31 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to increased semiconductor complexity, growth of consumer electronics, expansion of data centers, automotive industry innovations, and higher production of advanced ICs.
The advanced probe card market size is expected to see strong growth in the next few years. It will grow to $1.72 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period is attributed with the growth in electric and autonomous vehicles, expansion of wearable devices, increased investments in semiconductor manufacturing, rising production of health monitoring devices, and rising semiconductor production. Major trends in the forecast period include technological advancements, the rise of 5G, the adoption of artificial intelligence, expansion in IoT devices, and geographic expansion.
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What have been the primary factors driving the advanced probe card market’s growth?
The growth of the semiconductor industry is expected to propel the growth of the advanced probe card market going forward. The semiconductor industry refers to the sector engaged in the design, manufacturing, and sale of semiconductor devices, which are essential components in modern electronic equipment. The semiconductor industry is growing due to increasing demand for advanced electronics and technology in various sectors, including consumer electronics, automotive, and telecommunications. Advanced probe cards are essential in the semiconductor industry for enabling precise and efficient testing of semiconductor wafers, thereby ensuring the high quality and reliability of chips. For instance, in February 2023, according to the Semiconductor Industry Association, a US-based trade association, the global semiconductor industry reached a record-high annual sales of $574.1 billion in 2022, representing a 3.3% increase from the 2021 total of $555.9 billion. Therefore, the growth of the semiconductor industry will drive the growth of the advanced probe card market.
What are the key segments within the advanced probe card market?
The advanced probe card market covered in this report is segmented –
1) By Technology: Micro-Electro-Mechanical Systems (MEMS), Cantilever, Vertical
2) By Material: Tungsten, Copper Clad Laminated, Aluminum, Other Materials
3) By Application: Foundry And Logic, Dynamic Random Access Memory (DRAM), Flash, Parametric, Other Applications
Subsegments:
1) By Micro-Electro-Mechanical Systems (Mems): Mems Probe Cards For High-Density Applications, Mems Probe Cards For Semiconductor Testing, Mems-Based Probes For Fine Pitch Testing, Mems Probe Cards For Rf (Radio Frequency) Testing, Mems Technology In Probe Cards For Mems And Sensors
2) By Cantilever: Single Cantilever Probe Cards, Multi-Cantilever Probe Cards, Cantilever Probe Cards For Low To Medium Pin Count Applications, Cantilever Probe Cards For High-Volume Production Testing, Cantilever-Based Probe Cards For Automotive Ic Testing
3) By Vertical: Vertical Probe Cards For High-Current Testing, Vertical Probe Cards For High-Density Interconnects, Vertical Probe Cards For 3d Ic Testing, Vertical Probe Cards For Memory Device Testing, Vertical Probe Cards For Power Device Testing
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Which key players are shaping the advanced probe card market?
Major companies operating in the advanced probe card market are Tokyo Electron Limited, Advantest Corporation, FormFactor Inc., TT Electronics plc, Technoprobe S.p.A., ESPEC Corporation (ESPEC Group), Micronics Japan Co. Ltd. (MJC), STAr Technologies Inc., TSE Co. Ltd., Japan Electronic Materials Corporation (JEM), Chunghwa Precision Test Tech.Co. Ltd ., Synergie Cad Probe, MPI Corporation, WinWay Technology Co. Ltd., Microfriend Inc., Korea Instrument Corporation, Nidec SV Probe Pte. Ltd., Microfabrica Inc., GGB Industries Inc., Will Technology Co. Ltd., Feinmetall GmbH, Semics Inc., Wentworth Laboratories Ltd., TIPS Messtechnik GmbH, AMST GmbH
How will emerging trends drive the advanced probe card market throughout the forecast period?
Major companies operating in the advanced probe card market are adopting a strategic partnership approach to enhance technological capabilities and market reach. A strategic partnership refers to a collaborative relationship between two or more organizations where they combine their resources, expertise, and efforts to achieve common goals or objectives. For instance, in December 2022, Cohu, Inc., a US-based supplier of equipment and services optimizing semiconductors, collaborated with Chunghwa Precision Test Tech. Co., Ltd. (CHPT), a Taiwan-based provider of test interface solutions, delivers advanced probe cards and interface products to the semiconductor market. This collaboration combines Cohu’s mmWave RF probe head and socket technology with CHPT’s advanced substrates and load boards to create optimized, cost-effective turnkey solutions for high-frequency testing.
How do regional factors impact the advanced probe card market, and which region is the largest contributor?
Asia-Pacific was the largest region in the advanced probe card market in 2024. The regions covered in the advanced probe card market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Advanced Probe Card Market Report 2025 Offer?
The advanced probe card market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
An advanced probe card is a sophisticated testing device used in semiconductor manufacturing to ensure the functionality and quality of integrated circuits by enabling precise and reliable testing of semiconductor wafers. These probe cards employ advanced technologies such as micro-electromechanical systems (MEMS), vertical and horizontal probe structures, and fine-pitch probing to meet the demands of modern, complex semiconductor devices.
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