Lewes, DE -- (SBWIRE) -- 08/31/2016 -- Report forecast the global probe card market to grow at a CAGR of 4.38% during the period 2016-2020.

Test equipment is part of assembly line testing of semiconductor devices that saves manual effort and time of a semiconductor manufacturing process while ensuring the quality of these devices. The size of such test equipment can range from small computer-driven dedicated fixed purpose testers to large programmable machines. The cost of the equipment also varies accordingly. Probe cards are test equipment devices that are used by semiconductor device manufacturers to perform wafer test or wafer sort. Probe cards are used to test the semiconductor die or chips while the die is still constituted on the semiconductor wafer.

The report covers the present scenario and the growth prospects of the global probe card market for 2016-2020. To calculate the market size, the report covers the revenue generated from the global shipments of probe cards across SoC and memory application segments.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, miniaturization of electronic devices will be a key driver for market growth. The demand for compact electronics has been aggregating in almost every sector, be it communication device, automotive, industrial manufacturing, or healthcare equipment. This trend has forced the semiconductor IC manufacturers to spend on R&D in order to reduce the size and increase the performance of ICs, which has led to the emergence of microelectromechanical systems (MEMS) and 3D stacked ICs based on TSVs in which the interconnections, or vias, penetrate the silicon wafer to achieve higher vias density. Due to the introduction of such advanced manufacturing processes, the number of transistors per IC has increased without occupying any extra space, which leads to physical access limitations and increased circuit design complexity. Testing of such type of ICs has become a major challenge and has created a demand for advanced probe cards.

Further, the report states that continual price pressure on vendors will be a challenge for the market. Irrespective of the cyclical nature of the semiconductor industry, there is always a price pressure on semiconductor manufacturers due to which vendors of test equipment have to reduce their market price.As the competition in the consumer electronics market increases, the prices of these goods are driven down, which creates a significant price pressure on the semiconductor test equipment vendors. Semiconductor device manufacturers, who are the customers of the test equipment vendors, gain less profits with the declining prices of electronic goods. This, in turn, leads to low capital expenditure spending by them. This results in low demand for new test equipment such as probe cards and affects the financial conditions and results of operations of the market vendors.

Global Probe Card Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global probe card market: FormFactor, Japan Electronic Materials, Micronics Japan, MPI and Technoprobe.

Other Prominent Vendors in the market are: Advantest, AMST, BucklingBeam Solutions, Cascade Microtech, Feinmetall, Korea Instrument, Microfriend, SV Probe, TSE, and WILL Technology.

Market driver
- Growth in global semiconductor industry
- For a full, detailed list, view our report

Market challenge
- Continuous price pressure on vendors
- For a full, detailed list, view our report

Market trend
- Increasing number of fabless semiconductor companies and test houses
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 59 pages and 43 Exhibit "Global Probe Card Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Industry overview, Market segmentation by end-user segment, Market segmentation by product type, Market segmentation by geography, Summary of key figures, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-probe-card-market-2016-2020

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