Global Contact Probers Market 2017-2021

Overview of the global contact probers market

Market research analysts at Technavio predict that the global contact probers market will grow steadily at a CAGR of over 4% by 2021. This market research analysis identifies the increase in miniaturization of electronic devices as one of the primary growth factors for this market. The high demand for compact electronic devices has induced the semiconductor IC manufacturers to invest in R&D to reduce the size and increase the performance of integrated circuits (ICs). The number of transistors per IC has increased, which has led to physical access limitations and increased circuit design complexity. This will lead to the introduction of advanced manufacturing processes which results in challenges in the testing of such ICs, in turn, driving the demand for advanced contact probers.

The increase in the emergence of new testing technologies is one of the latest trends that will gain traction in the contact probers market in the coming years. The test equipment industry is witnessing the emergence of modern technologies to meet the growing demand for compact and efficient semiconductor test equipment. These technologies help the test equipment vendors to improve their product offerings, which will lead to a high demand for testing probers.

Competitive landscape and key vendors

The contact probers market is growing and is fragmented due to the presence of a limited number of vendors. Probe station manufacturers compete on innovation, quality, performance, support services, and are increasing their focus on technological innovations to remain competitive in the market. The wafer probers market is highly consolidated and requires technical expertise which poses as high entry barriers for new entrants.

The leading vendors in the market are -

• Hitachi High-Tech Instruments
• Asylum Research
• MicroXact

The other prominent vendors in the market include ADVANTEST, Applied Microstructures, Keysight Technologies, Cascade Microtech, FEINMETALL, and SV Probe.

Segmentation by product type and analysis of the contact probers market

• Manual
• Automated
• Semi-automated

During 2016, the manual segment accounted for the major shares of this market. Manual contact probers are tools used for surface testing and measurement. The rise in number of tools for testing and measuring semiconductors will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the contact probers market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the wafer probers market by 2021. The presence of key leading semiconductor foundries such as Taiwan Semiconductor Manufacturing, United Microelectronics, and Semiconductor Manufacturing International, will be a major factor driving the demand for contact probers in APAC.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global contact probers market?
• What are the key market trends impacting the growth of the global contact probers market?
• What are the challenges to market growth?
• Who are the key vendors in the global contact probers market?
• What are the market opportunities and threats faced by the vendors in the global contact probers market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global contact probers market?

Technavio also offers customization on reports based on specific client requirement.

Contact probers are test equipment devices that are used by semiconductor device manufacturers to perform wafer test or wafer sort and are used to test the semiconductor die or chips. This upcoming report by Technavio is an intrinsic part of the hardware and semiconductor industry portfolio and offers a complete overview of rapidly developing sectors like semiconductor equipment, sensors, and embedded systems. Furthermore, to help clients attain an edge over their peers, Technavio furnishes essential information on the central market drivers and challenges and also provides comprehensive knowledge about all the vendors who possess significant shares in the hardware and semiconductor industry.

To accurately forecast the semiconductor industry’s growth outlook, our market research specialists pursue a structured research approach comprising of primary and secondary methods and also carry out an in-depth analysis with regards to various market elements, such as advancements in technology and the demand-supply shifts for many products and services across different geographically located markets. With a projection to assist clients draft new formulations for growth, our upcoming industry research report on the global contact probers market for the forecast period of 2017 to 2021 proposes actionable insights devised from the data collected from reliable sources such as manufacturers, channel partners, regulatory bodies, and decision makers.

This upcoming report on the global contact probers market also takes into consideration the expansion of related markets like non-optical sensors and resonators, which are expected to grow at a CAGR of close to 9% and almost 17%, respectively by 2021. As observed by our team of market research analysts, the quest to manufacture a device that is smaller, faster, and better functional than its previous version will be one of the crucial factors driving the semiconductor equipment market’s growth in the coming years. Based on the individual requirements of a variety of clients, Technavio also provides customized reports, which will help local vendors and global players targeting niche customer segments ratify their presence in the hardware and semiconductor industry.

The upcoming industry research report for the global contact probers market highlights the key drivers,  prospective trends, and the trials currently experienced by the semiconductor equipment industry and also presents a holistic overview into the markets of computing devices, human-machine interface, and displays.