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Semiconductor Testing Boards Market Report
Semiconductor Testing Boards Market Trends, Dynamics & Market Insights
The Semiconductor Testing Boards market is projected to grow from USD xx million in 2020 to USD xx million by 2026 at a CAGR of around xx% during the forecast period.
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A semiconductor test board can be defined as a mechanical and circuit interface that connects the test equipment to the device under test. It is primarily used in the yield test of the semiconductor manufacturing back-end IC package which helps to eliminate defective functions. Based on type, semiconductor test board can be categorized as probecard, loadboard, and burn-inboard.
Key players operating in the Semiconductor Testing Boards market are-
The growth of the semiconductor testing boards market is primarily driven by widespread use in applications such as BGA, CSP, FC, and others. The growing electrical and electronics industry coupled with the increasing adoption of advanced electronics devices is likely to drive the growth of the global semiconductor testing boards market at a significant rate during the review period. In addition to this, rising demand for advanced electronics devices is likely to create lucrative opportunities for the players operating in the global market in the coming years.
By application, the semiconductor testing boards market has been bifurcated into BGA, CSP, FC, and others. Under these, the BGA segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to the rapid growth of the semiconductor testing boards.
By region, the market in Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to the presence of a strong electrical and electronics industry particularly in developing countries such as India and China. The market growth in the North American region is expected to be driven by the presence of key market players such as Xcerra Corporation (US) and M Specialties LLC (US).
The covid-19 outbreak posed significant challenges across verticals worldwide. It impacted the growth of the semiconductor testing boards market negatively as the imposition of complete lockdown and restrictions on trade affected the supply of the product for a short period of time.
Here is the list of the group of customers that the semiconductor testing boards market hopes to have the greatest opportunity to convert-
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FastPrint (China), Oki Printed Circuits Co., Ltd. (Japan), Xcerra Corporation (US), M Specialties LLC (US), Nippon Avionics Co., Ltd. (Japan), Intel Corporation (US), Chroma ATE (Taiwan), R&D Altanova (US), and Advantest Corporation (Japan) are among the key players in the semiconductor testing boards market.
Widespread use in applications such as BGA, CSP, FC, and others is the prime factor driving the growth of semiconductor testing boards market.
The BGA segment is expected to witness significant growth in the semiconductor testing board market in the coming years.
Asia-pacific accounted for the largest share in the semiconductor testing boards market in 2020.
Semiconductor testing boards distributors, Semiconductor testing boards suppliers, Semiconductor testing boards manufacturers, Logistics organizations, Government bodies are the target audience in the semiconductor testing boards market.
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