The probe card market is estimated to grow from USD 1.6 billion in 2019 to USD 2 billion by 2025, at a CAGR of approximately 4%. The future of the probe card market create new prospects in the electrical testing of the integrated circuit in the semiconductor industry. The probe card market is expected to decline in 2020 due to COVID-19 and is expected to recover in 2021. The major growth driver for this market is increasing demand for integrated circuits (ICs).

APAC is the largest along with the fastest growing region in the global probe card markets due to increasing growth of the semiconductor industry seen in China, Japan, and Taiwan.

The advanced probe card is the largest product type in the global probe card market as it easily solve the issues related to probe area, pad layout, and extreme environmental conditions. .

Probe card market is consolidated as the market share is distributed among the large number of players. Some of the major players of the market include FormFactor, Micronics Japan Co., Technoprobe, Japan Electronic Materials, MPI Corporation, Nidec SV TCL, Microfriend, Korea Instrument among others.

The sample figures with some insights are shown below

Report Scope:

The scope of the global probe card market report is as follows:

  • Key Features Description
  • Base Year 2019
  • Trend Period 2014-2019
  • Forecast Period 2020-2025
  • Units Considered Value ( $ Million)

Market Segments Product type (standard and advanced), by manufacturing technology (MEMS, Cantilever, Vertical, and Others), by IC type (DRAM, Flash, and Foundry & Logic),
Regional / Country North America ( US, Canada, and Mexico), Europe (UK, Germany, Italy, and Rest of Europe), Asia Pacific (Taiwan, Japan, China, South Korea, and Rest of APAC), and RoW

Research Methodology

The report performed both primary as well as exhaustive secondary research for this study. Initially, the report analyzed all the leading probe card manufacturers across the globe. Subsequently, conducted primary research surveys with the identified companies. While interviewing, the company personnel were enquired about their key products, revenues, manufacturing plant location, and competitors. For this study, the report conducted more than 20 interviews, the same are mentioned below:

  • By company type: Manufacturers (50%), Consumers (25%), Researchers (15%), Independent industry consultant (10%)
  • By geography: North America (25%), Asia (40%), Europe (25%), Rest of the World (15%)
  • By designation: Top level (40%), Operation level (20%), Mid-level (40%)


The report analyzed the product type, manufacturing technology, IC type and regional presence of all major probe card manufacturers across the globe. Market size for global probe card was calculated by using bottom-up approach as well as top –down approach. Various secondary sources such as secondary sources directories, database, company annual reports, white papers, investor presentations and financial reports were also studied to estimate the market size and growth rate.