REPORT HIGHLIGHT
Test & Burn-In Socket Market size was valued at USD 1,480.6 Million in 2022, expanding at a CAGR of 8.8% from 2023 to 2030.
Burn-in sockets, alternatively referred to as IC burn-in sockets, serve as essential components for securing integrated circuits (ICs) onto specialized test boards, known as burn-in boards. The burn-in testing procedure encompasses subjecting these semiconductor devices to rigorous conditions of elevated temperature and voltage within a high-temperature setting, all aimed at scrutinizing and assessing their overall quality and performance characteristics.
Test & Burn-In Socket Market - Market Dynamics:
- Increasing semiconductor demand drives market growth
- The increasing demand for semiconductor devices has become a prominent trend observed across various industries, including consumer electronics, automotive, the Internet of Things (IoT), and data centers. This surge in semiconductor production has subsequently led to a growing need for test sockets to facilitate efficient testing and burn-in processes. For instance, the Global System for Mobile Communications (GSM) organization predicts that by 2025, approximately one-third of the global population will have access to 5G networks.
- Furthermore, it anticipates that by the end of 2022, there will be 1 billion 5G connections, with this number reaching 2 billion by 2025. The rapid deployment of 5G wireless networks in various regions benefits manufacturers of 5G-capable devices and telecommunications equipment vendors, offering chipmakers the opportunity to tap into a lucrative new market. This momentum is expected to drive significant market growth in the years to come.
Test & Burn-In Socket Market - Key Insights:
- According to insights provided by our research analyst, the global market for Test & Burn-In Sockets is poised to experience substantial annual growth, with an estimated CAGR of approximately 8.8% throughout the forecast period spanning from 2023 to 2030.
- The Test & Burn-In Socket sector is forecasted to undergo substantial expansion, primarily driven by the escalating demand for semiconductor devices across various industries.
- Regarding operational aspects, the manual segment is anticipated to wield considerable influence on the market landscape throughout the projected period.
Test & Burn-In Socket Market- Segmentation Analysis:
- The Test & Burn-In Socket Market on a global scale is structured around distinct categories, including operation, type, application, and geographical regions.
- Concerning operation, the worldwide Test & Burn-In Socket market delineates between manual and automated operations. Notably, the manual operation segment is poised to occupy a substantial market share throughout the forecast period. This preference for manual sockets can be attributed to their cost-effectiveness when compared to automated or robotic handling alternatives, making them the preferred choice in scenarios where high-volume testing automation is not a requisite.
Test & Burn-In Socket Market- Competitive Landscape:
E-Tec Interconnect AG, Cohu, Inc., Aries Electronics, Inc., Contech Solutions, 3M Company, Loranger International Corporation, Advanced Interconnections Corp., JC CHERRY, Megatone Electronics Corp., INNO GLOBAL, Micronics Japan, Johnstech International, Mill-Max Mfg. Corporation, FoundPac, and C.C.P. Contact Probes Co., Ltd. are among the key players in this market.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL TEST & BURN-IN SOCKET MARKET KEY PLAYERS
- Cohu, Inc.
- E-Tec Interconnect AG
- Contech Solutions
- Aries Electronics, Inc.
- 3M Company
- Advanced Interconnections Corp.
- Loranger International Corporation
- Megatone Electronics Corp.
- JC CHERRY
- INNO GLOABAL
- Micronics Japan
- Mill-Max Mfg. Corporation
- Johnstech International
- FoundPac
- C.C.P. Contact Probes Co., Ltd.
GLOBAL TEST & BURN-IN SOCKET MARKET, BY OPERATION
GLOBAL TEST & BURN-IN SOCKET MARKET, BY TYPE
- Burn-in Type
- Development Type
- Production Type
- Test Contactor Type
GLOBAL TEST & BURN-IN SOCKET MARKET, BY APPLICATION
- Consumer Electronics
- Automotive
- Defense
- Medical
- Others
GLOBAL TEST & BURN-IN SOCKET MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA