Despite the anticipated market correction in 2023, the long-term outlook for semiconductor test equipment remains optimistic, reports Yole Developpement .
2022 revenue from sockets reached a record high of $1.84 billion.
2022 revenue from advanced PCBs grew overall driven by sales of DIBs.
The Top 3 probe card suppliers are FormFactor,
Technoprobe, and MJC Electronics.
The Top 3 socket suppliers are Yamaichi, Enplas, and Cohu.
After their fall of 0.5% last year, probe card revenues hit $2.55 bilkion.
The soft market conditions were primarily attributed to the declining memory market, but the non-memory market grew by 5.3%.
The semiconductor market faced further challenges as it began slowing down in the third quarter of 2022. This trend persisted into 2023, placing considerable pressure on suppliers’ profit margins.
However, a long-term growth projection of 5.8% indicates that the market is expected to be worth $3.17 billion by 2028.
The socket market demonstrated remarkable performance in 2022, with revenues on track to reach a record high.
Specifically, the burn-in and test sockets market experienced significant growth of 11.9% during the year, reaching a value of $1.84 billion. However, the market is forecasted to decline by 4.7% in 2023, with its value estimated to decrease to $1.75 billion.
“Despite this short-term setback, the long-term growth trend remains positive at 5.6%, says Yole’s Lin Fu, “analysts predict that the overall market for sockets is expected to expand steadily and is projected to reach $2.3 billion by 2028.”
