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Probe Card Market 2021 Comprehensive Analysis and Future Estimations with Top Key Players FEINMETALL GmbH, FormFactor, Inc., Fujitsu, GGB Industries, Japan Electronic Materials Corporation, Korea Instrument Co., Ltd.
The Probe Card Market research report includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2021 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the Probe Card market growth.The probe card market is projected to grow from US$ 2,176.67 million in 2021 to US$ 3,436.80 million by 2028; it is estimated to grow at a CAGR of 6.7% from 2021 to 2028.
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According to the International Energy Agency (IEA), the global electric car sales share rose by 70% to a record of 4.6% in 2020; ~3 million new electric cars were registered in 2020. For the first time, Europe led the global market for electric cars, with 1.4 million new registrations. China followed with 1.2 million registrations and the US registered 295,000 new electric cars. The emergence of modern technologies such as autonomous driving and electric vehicles has triggered the use of semiconductor devices such as microcontrollers, sensors, and memory systems in the automotive sector. Further, the adoption of safety-related electronic products has grown rapidly with the proliferation of autonomous driving cars segment. Semiconductor component manufacturers are continuously focusing on manufacturing advanced systems.
Moreover, electrification, automation, digital connectivity, and security features result in the addition of more semiconductor equipment into automotive electronics. With the surge in use of electronic equipment in advanced safety features such as advanced driver-assistance systems (ADAS) added to the vehicles, the consumption of automotive electronic components for ensuring accurate navigation, safety, and fuel efficiency would also increase in the coming years, which would trigger the demand for integrated circuits, microcontrollers, and sensors. Thus, with rise in the consumption of IC chips, the testing activities of these chips have also increased, thereby bolstering the demand for probe cards.
Global Probe Card Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Probe Card market in important regions. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2021 to 2028. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Probe Card Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2021 to 2028.
Major Key Points of Probe Card Market
Probe Card Market Overview
Probe Card Market Competition
Probe Card Market, Revenue and Price Trend
Probe Card Market Analysis by Application
Company Profiles and Key Figures in Probe Card Market
Market Dynamics
Methodology and Data Source
Companies Profiled in this report includes:
FEINMETALL GmbH
FormFactor, Inc.
Fujitsu
GGB Industries
Japan Electronic Materials Corporation
Korea Instrument Co., Ltd.
MPI Corporation
SV Probe
Technoprobe S.p.A.
Micronics Japan Co., Ltd.
Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well informed decision. Competitive landscape of Brown Sugar market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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