The wafer prober market was valued at US$4.700 billion in 2018 and is expected to grow at a CAGR of 4.23% over the forecast period to reach a total market size of US$6.027 billion in 2024. A wafer prober is a system used for handling the wafer to make contact in the designated position on the device. The market of wafer prober is driven by the increasing demand for semiconductors from its various end-users. Semiconductors have several applications in many end-users such as electronics, automotive, manufacturing, and others. The penetration of semiconductors IC in the automobiles sector for wireless charging, EVs, and many others will increase the growth of the market. Increasing demand for the electronic wafer is also uplifting the demand. The growing demand for semiconductors in the optoelectronics sector is expected to positively affect the market. Geographically, Asia Pacific region is expected to have a significant market share on account of the presence of key players in the electronics industry in the region. Moreover, the availability of low-cost labors in the region is attracting manufacturers towards the region.
The “Wafer prober Market – Forecasts from 2019 to 2024” is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type and geography.
The wafer prober market segmented based on type and geography. By type, the market has been segmented into fully automatic, semi-automatic, and manual.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the wafer prober market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the wafer prober market.