Advanced Probe Card Global Market Report 2024

An advanced probe card is a sophisticated testing device utilized in semiconductor manufacturing to ensure the functionality and quality of integrated circuits. It enables precise and reliable testing of semiconductor wafers, employing technologies such as micro-electromechanical systems (MEMS), vertical and horizontal probe structures, and fine-pitch probing. These features are crucial for meeting the requirements of modern, complex semiconductor devices.

The primary technologies found in advanced probe cards include MEMS, cantilevers, and vertical structures. MEMS technology integrates tiny mechanical devices with electrical circuits on semiconductor chips. Probe cards utilize these miniature components to establish highly accurate and dependable connections for testing semiconductor wafers, making them well-suited for high-density and high-frequency applications. These probe cards are typically constructed from materials such as tungsten and copper-clad laminated aluminum, tailored for various applications including foundry and logic, dynamic random access memory (DRAM), flash memory, parametric testing, and others.

The advanced probe card market research report is one of a series of new reports that provides advanced probe card market statistics, including advanced probe card industry global market size, regional shares, competitors with an advanced probe card market share, detailed advanced probe card market segments, market trends and opportunities, and any further data you may need to thrive in the advanced probe card industry. This advanced probe card market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The advanced probe card market size has grown strongly in recent years. It will grow from $1.13 billion in 2023 to $1.22 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The increase in the historical period can be ascribed to greater semiconductor complexity, expansion in consumer electronics, growth of data centers, innovations in the automotive industry, and increased 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 $1.61 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to the expansion of electric and autonomous vehicles, the proliferation of wearable devices, increased investments in semiconductor manufacturing, the rising production of health monitoring devices, and heightened semiconductor output. Key trends anticipated in the forecast period include technological advancements, the emergence of 5G technology, the adoption of artificial intelligence, expansion in IoT devices, and geographical market expansion.

The advancement of the semiconductor industry is set to drive the expansion of the advanced probe card market in the future. This industry encompasses activities related to designing, producing, and selling semiconductor devices, crucial components in today's electronic devices. Its growth is fueled by rising demands for sophisticated electronics across various sectors such as consumer electronics, automotive, and telecommunications. Advanced probe cards play a vital role in this industry by enabling precise and efficient testing of semiconductor wafers, ensuring chip quality and reliability. For instance, in February 2023, the Semiconductor Industry Association reported that the global semiconductor industry achieved record annual sales of $574.1 billion in 2022, a 3.3% increase from 2021's $555.9 billion. Hence, the semiconductor industry's expansion will directly impact the advanced probe card market's growth.

Leading companies in the advanced probe card market are leveraging strategic partnerships to boost their technological capabilities and market presence. Such partnerships involve collaborative efforts between two or more organizations pooling resources, expertise, and efforts toward common objectives. For example, in December 2022, Cohu, Inc., a US-based semiconductor equipment supplier, teamed up with Chunghwa Precision Test Tech. Co., Ltd. (CHPT), a Taiwan-based test interface solutions provider, to offer advanced probe cards and interface products to the semiconductor sector. This collaboration combines Cohu's mmWave RF probe head and socket technology with CHPT's advanced substrates and load boards, creating cost-effective turnkey solutions for high-frequency testing.

In August 2021, MPI America Inc., a subsidiary of MPI Corporation, a US-based manufacturer of semiconductors and related solid-state devices, acquired Celadon Systems Inc. for an undisclosed amount. This strategic move aims to strengthen MPI's position in the advanced probe card market, reinforcing its market leadership through continuous innovation while effectively serving customers across all semiconductor industry segments. Celadon Systems Inc., based in the US, specializes in manufacturing ultra-high-performance probe cards for the semiconductor sector.

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.

Asia-Pacific was the largest region in the advanced probe card market in 2023. The regions covered in the advanced probe card market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the advanced probe card market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The advanced probe card market consists of sales of epoxy, cobra, and optical probe cards. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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