Microcontroller Socket Market Analysis By Product (DIP, BGA, QFP, SOP, SOIC) - The QFP socket is expected to grow at a CAGR of over 7% from 2016 to 2024

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The global microcontroller socket market is expected to reach USD 1.46 billion by 2024, according to a new report by Radiant Insights. The increasing development and growth of automation and re-automation in the emerging countries are expected to fuel the industry growth.

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The growth of automation has led to miniaturization and digitization as well as facilitates dynamics in the field of technology. The increasing need of providing high performance with power efficiency has further led to the development of automation technology at a rapid pace. The increasing labor costs and the growing demand for higher quality have encouraged the industry participants to opt for automated equipment in the programming process.

Gradually reducing the package size in the microelectronics industry has also impacted the market growth in a positive manner. industry requirements, such as higher density, increased operating speed, and lower power, have driven packaging in the industry, which has further led to an enhanced demand within the market.

Furthermore, the demand for thinner, smaller, and lesser expensive device packaging has also encouraged manufacturers to control the programming cost. The increasing demand in automotive, consumer electronics, medical devices for more accurate data, and in military & defense for enhanced security has also encouraged the industry participants to further reduce the package size.

Intense competition in the market has led the industry participants to enhance the product quality and process technologies as per the market requirement. However, failure to develop new designs and delays in developing new products with advanced technology may adversely affect the manufacturer market.

Further key findings from the report suggest:

• The microcontroller socket market is expected to boost over the forecast period owing to the increasing microcontroller applications in various segments

• The QFP socket is expected to grow at a CAGR of over 7% from 2016 to 2024, owing to the growing trend of automation and re-automation in the emerging countries

• The automotive segment is projected to dominate over the forecast period owing to the huge application of the socket in the manufacturing of automobiles, such as body electronics, for enhancing driver safety

• The majorindustry players in the microcontroller socket market include Texas Instruments, Aries Electronics, Mill-Max Manufacturing Corporation, and Samtec, Inc.

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Table of Contents

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources

Chapter 2 Executive Summary
2.1 Regional Marketplace: Key Takeaways

Chapter 3 Microcontroller Socket Market Variables, Trends & Scope
3.1 Market Segmentation &Scope
3.2 Microcontroller Socket- Market Size and Growth Prospects
3.3 Microcontroller Socket- Value Chain Analysis
3.4 Microcontroller Socket- Market Dynamics
3.4.1 Market Driver Analysis
3.4.1.1 Increasing microcontroller applications
3.4.1.2 Automation and re-automation in developing countries
3.4.1.3 Increase in IC packaging development
3.4.2 Market restraint analysis
3.4.2.1 Intense competition in the industry
3.5 Microcontroller Socket- PESTEL Analysis
3.6 Microcontroller Socket- Key Opportunities Prioritized
3.7 Industry Analysis - Porter's
3.8 Microcontroller Socket- Key company Analysis, 2015
3.8.1 Key company analysis, 2015
3.8.2 Company weightage analysis, 2015

Chapter 4 Microcontroller Socket Market Product Estimates & Trend Analysis
4.1 Microcontroller SocketMarket: Product Movement Analysis
4.1.1 DIP socket
4.1.1.1 DIP socket market, by application, 2014 - 2024 (USD Million)
4.1.1.2 DIP socket market, by region, 2014 - 2024 (USD Million)
4.1.2 BGA socket
4.1.2.1 BGA socket market, by application, 2014 - 2024 (USD Million)
4.1.2.2 BGA socket market, by region, 2014 - 2024 (USD Million)
4.1.3 QFP socket
4.1.3.1 QFP socket market, by application, 2014 - 2024 (USD Million)
4.1.3.2 QFP socket market, by region, 2014 - 2024 (USD Million)
4.1.4 SOP socket
4.1.4.1 SOP socket market, by application, 2014 - 2024 (USD Million)
4.1.4.2 SOP socket market, by region, 2014 - 2024 (USD Million)
4.1.5 SOIC socket
4.1.5.1 SOIC socket market, by application, 2014 - 2024 (USD Million)
4.1.5.2 SOIC socket market, by region, 2014 - 2024 (USD Million)

Chapter 5 Microcontroller Socket Market Regional Estimates & Trend Analysis
5.1 North America
5.1.1 Microcontroller socket market, by product, 2014 - 2024 (USD Million)
5.2 Europe
5.2.1 Microcontroller socket market, by product, 2014 - 2024 (USD Million)
5.3 Asia Pacific
5.3.1 Microcontroller socket market, by product, 2014 - 2024 (USD Million)
5.4 Latin America
5.4.1 Microcontroller socket market, by product, 2014 - 2024 (USD Million)
5.5 MEA
5.5.1 Microcontroller socket market, by product, 2014 - 2024 (USD Million)

Chapter 6 Competitive Landscape
6.1 Aries Electronics
6.1.1 Company overview
6.1.2 Product benchmarking
6.1.3 Strategic initiatives
6.2 Amphenol
6.2.1 Company overview
6.2.2 Product benchmarking
6.2.3 Strategic initiatives
6.3 CnC Tech LLC
6.3.1 Company overview
6.3.2 Product benchmarking
6.4 FCI USA LLC
6.4.1 Company overview
6.4.2 Product benchmarking
6.4.3 Strategic initiatives
6.5 Foxconn
6.5.1 Company overview
6.5.2 Product benchmarking
6.5.3 Strategic initiatives
6.6 Mill-Max Manufacturing Corporation
6.6.1 Company overview
6.6.2 Product benchmarking
6.7 PRECI-DIP SA
6.7.1 Company overview
6.7.2 Product benchmarking
6.8 Samtec Inc.
6.8.1 Company overview
6.8.2 Product benchmarking
6.8.3 Strategic initiatives
6.9 Silicon Labs
6.9.1 Company overview
6.9.2 Product benchmarking
6.9.3 Strategic initiatives
6.10 TE Connectivity
6.10.1 Company overview
6.10.2 Financial performance
6.10.3 Product benchmarking
6.10.4 Strategic initiatives

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