According to a recent market study published by Growth Market Reports, titled, “Global Logic Test Probe Card Market by Product Type, End-use Industry, Sales Channel, and Regions: Size, Shares, Trends and Opportunity Analysis, 2016-2031”, the market was valued at USD 1,849.5 Million in 2022 and is expected to grow at a growth rate of 6.6% by the year 2031. The overall incremental opportunity is estimated to be USD 1,407.4 Million from 2022 to 2031.

Get Sample Report @ https://growthmarketreports.com/request-sample/6191

As per Growth Market Reports industry analyst Akash Vedpathak, “The Logic Test Probe Card Market” is anticipated to witness significant growth during the forecast period 2023-2031. Key factors that are anticipated to fuel the demand for the global logic test probe card market during the forecast period are increasing investments in manufacturing facilities, growing semiconductor industry, and rising need for precise testing in various industries. Conversely, high manufacturing costs hamper the growth of the logic test probe card market. Furthermore, emergence of advanced technologies and rising strategic partnership and collaboration are expected to create numerous opportunities for market’s growth during the forecast period.

A logic test probe card refers to a board or interface used in performing electrical testing of integrated circuits (ICs) on the semiconductor wafer. Each logic test probe card consists of two components: A printed circuit board and an organic substrate (multilayer). A logic test probe card is often electrically connected to the test instrument and mechanically docked with the probe.

It allows semiconductor testing throughout the production process. The purpose of a logic test probe card is to provide an electrical route between the test device and the circuits on the wafer, allowing testing and validation of the circuits on the wafer before they are diced and packaged. It is used to test the performance of chipsets and optimize them for use on a circuit board. It boosts the performance and functionality of chipsets to improve speed. Rising need for complex ICs in several industries such as telecommunications, automotive, and consumer electronics demands the development of efficient and reliable testing solutions thereby, increasing the need for logic test probe cards.

Supply chain management is a pivotal part of any business. A supply chain contains a series of steps to get products from their original state to the customers. It is a network of producers and suppliers who work together to create and deliver a certain product to end-users. Entities involved in the supply chain include manufacturers, vendors, warehouses, transportation firms, distribution centers, and retailers.

Logic test probe card supply chain involves various components, starting with raw materials such as metals and ceramic for probe manufacturing. Manufacturers design and produce the logic test probe cards, incorporating advanced technologies for logic testing in semiconductor devices. These cards are then distributed to semiconductor testing facilities globally. Efficient logistics and distribution network play a crucial role in delivering logic test probe cards to semiconductor manufacturers, ensuring timely and reliable testing processes.

The interconnected nature of the semiconductor emphasizes collaboration and coordination across the supply chain to meet the evolving market demand. End-use industries of logic test probe card market include Consumer Electronics, Healthcare, Automotive, and Other Industries.

The primary, as well as secondary research methodology, is used for keen observation and study of the logic test probe card market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects.

Primary interviews were conducted with the stakeholders across industry verticals at regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, and current and future trends done by the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess experience of around 10-20 years in the industry.

On the other hand, the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights, and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports, and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases were analyzed for macro & microanalysis. Research publications and paid data are referred to obtain and validate the market estimations, budget, expenditure, and other statistical insights.

In 2020, the COVID-19 pandemic had a negative impact on the global logic test probe card market. The outbreak of COVID-19 affected many industries, including the semiconductor manufacturing industry. Business and manufacturing units across various countries were closed, owing to the sudden increase in the number of COVID-19 cases. The increased number of COVID-19 cases forced governments to implement strict lockdown measures to curb the virus transmission.

Many semiconductor manufacturers heavily rely on a global supply chain. The pandemic disrupted the flow of raw materials, components, and equipment, which led to shortages and delays in production activities. Moreover, restrictions on international travel and shipping logistics difficulties affected the transportation of semiconductor components, leading to delays in production and delivery.

Key Takeaways from the Study:

  • Based on Product Type, the logic test probe card market is segmented into Cantilever Probe Card, Vertical Probe Card, MEMS Probe Card, and Others. The MEMS Probe Card segment held a dominant share of the market in 2022 and is projected to expand at a significant CAGR during the forecast period. One of the primary factors fueling the growth of this segment is the increasing demand for MEMS probe cards in the semiconductor industry. The growing number of MEMS-based devices and sensors in various industries such as automotive, healthcare, and others are also driving the segment’s growth.

  • Based on End-use Industry, the global logic test probe card market is segmented into Consumer Electronics, Healthcare, Automotive, and Others. The Consumer Electronics segment held a substantial share of the market in 2022 and is projected to expand at a lucrative CAGR during the forecast period owing to the increasing demand for high-quality electronic devices such as smartphones, laptops, tablets, cameras, and others. Furthermore, changing lifestyles and preferences of consumers seeking more convenience, entertainment, and connectivity boost the segment’s growth.

  • Based on Sales Channel, the global logic test probe card market is bifurcated into Direct Sales and Indirect Sales. The Direct Sales segment held a dominant share of the market in 2022. Direct sales channel involves the sale of products or services directly to the end-users, without any intermediaries. This is achieved through direct sales representatives. In the context of probe cards, the trend towards direct sales is predicted to see substantial growth in the coming years.

Report of the Logic Test Probe Card Market Scope:

Report Metric

Details

Market Value in 2022

USD 1,849.5 Million

Market Growth Rate (from 2022 to 2031)

6.6%

Historical Data

2016 to 2021

Base Year

2022

Forecast Period

2023 – 2031

Units Considered

Value (USD Million)

Market Segments

By Product Type, By End-Use Industry, By Sales Channel, And By Region.

Key Companies Profiled

FormFactor, MICRONICS JAPAN CO.,LTD., JAPAN ELECTRONIC MATERIALS CORPORATION, MPI Corporation, NIDEC CORPORATION (Nidec SV Probe), Synergie Cad, FICT Limited, Korea Instrument Co., Ltd., STAr Technologies Inc., and Wentworth Laboratories, Inc.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail of tailor-made purchase options to meet your research requirements.

 

Target Audience:

Logic Test Probe Card Manufacturers, Semiconductor Manufacturing Companies, Consulting Firms, Private Research and Development Firms, and Investment Firms.