PUBLISHER: IMARC | PRODUCT CODE: 1370530
PUBLISHER: IMARC | PRODUCT CODE: 1370530
Microcontroller Socket Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
Market Overview:
The global microcontroller socket market size reached US$ 1.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.
Microcontroller sockets, also known as integrated circuit (IC) sockets, are static connectors designed for low-power devices. Quad-flat package (QFP), small outline package (SOP), dual-in-line package (DIP), ball grid array (BGA), and small outline IC (SOIC) are some standard product variants. These sockets are used to safely insert and remove IC chips that may get damaged from soldering. Microcontroller sockets offer numerous advantages, such as low power consumption, optimal data bandwidth, flexibility, susceptibility, high-end user interface support, and low system cost. As a result, they find extensive applications across the automotive, consumer electronics, industrial, medical, military, and defense industries.
Microcontroller Socket Market Trends:
The market is primarily being driven by the widespread product adoption in the automotive industry. Microcontroller sockets are used to support the small design and high level of integration in body electronics, driving safety, and information devices. In line with this, the escalating demand for smart energy for metering and power line communications with high accuracy, further helping in improving the performance of meters, is favoring the market growth. Additionally, the increasing need for automation that assists in miniaturization and digitization and facilitates dynamics in the field of technology is acting as another growth-inducing factor. Apart from this, the introduction of miniaturized microcontroller sockets that supports high-performance, high-density demands and deliver fast solutions is providing an impetus to the market growth. Moreover, the widespread adoption of BGAs that are usually preferred for permanently mounted devices, such as microprocessors, and are used for ICs and area type of surface-mount packaging is propelling the market growth. Furthermore, key players are focusing on developing IC packaging techniques delivering a high application in a low-cost, -profile, and -power design is positively influencing the market growth. The factors, including the widespread product adoption in the military and defense industry for enhanced security and extensive research and development (R&D) activities, are supporting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global microcontroller socket market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product and application.
Breakup by Product:
DIP
BGA
QFP
SOP
SOIC
Breakup by Application:
Automotive
Consumer Electronics
Industrial
Medical Devices
Military and Defense
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Interconnections, Andon Electronics, Aries Electronics Inc., Johnstech International Corporation, Loranger International Corporation, Microchip Technology, Mill-Max Mfg. Corp., PRECI-DIP SA, TE Connectivity and Texas Instruments Inc.
Key Questions Answered in This Report
- 1. What was the size of the global microcontroller socket market in 2022?
- 2. What is the expected growth rate of the global microcontroller socket market during 2023-2028?
- 3. What are the key factors driving the global microcontroller socket market?
- 4. What has been the impact of COVID-19 on the global microcontroller socket market?
- 5. What is the breakup of the global microcontroller socket market based on the product?
- 6. What is the breakup of the global microcontroller socket market based on the application?
- 7. What are the key regions in the global microcontroller socket market?
- 8. Who are the key players/companies in the global microcontroller socket market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Microcontroller Socket Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 DIP
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 BGA
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 QFP
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 SOP
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 SOIC
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Application
- 7.1 Automotive
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Consumer Electronics
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Industrial
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Medical Devices
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Military and Defense
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Advanced Interconnections
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Andon Electronics
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Aries Electronics Inc.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Johnstech International Corporation
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Loranger International Corporation
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Microchip Technology
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Mill-Max Mfg. Corp.
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 PRECI-DIP SA
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 TE Connectivity
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.10 Texas Instruments Inc.
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.10.4 SWOT Analysis
- 13.3.1 Advanced Interconnections
List of Figures
- Figure 1: Global: Microcontroller Socket Market: Major Drivers and Challenges
- Figure 2: Global: Microcontroller Socket Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Microcontroller Socket Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Microcontroller Socket Market: Breakup by Product (in %), 2022
- Figure 5: Global: Microcontroller Socket Market: Breakup by Application (in %), 2022
- Figure 6: Global: Microcontroller Socket Market: Breakup by Region (in %), 2022
- Figure 7: Global: Microcontroller Socket (DIP) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Microcontroller Socket (DIP) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Microcontroller Socket (BGA) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Microcontroller Socket (BGA) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Microcontroller Socket (QFP) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Microcontroller Socket (QFP) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Microcontroller Socket (SOP) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Microcontroller Socket (SOP) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Microcontroller Socket (SOIC) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Microcontroller Socket (SOIC) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Microcontroller Socket (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Microcontroller Socket (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Microcontroller Socket (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Microcontroller Socket (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Microcontroller Socket (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Microcontroller Socket (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Microcontroller Socket (Medical Devices) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Microcontroller Socket (Medical Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Microcontroller Socket (Military and Defense) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Microcontroller Socket (Military and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: North America: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: North America: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: United States: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: United States: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Canada: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Canada: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Asia-Pacific: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Asia-Pacific: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: China: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: China: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Japan: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Japan: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: India: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: India: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: South Korea: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: South Korea: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Australia: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Australia: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Indonesia: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Indonesia: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Others: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Others: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Europe: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Europe: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Germany: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Germany: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: France: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: France: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: United Kingdom: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: United Kingdom: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Italy: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Italy: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Spain: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Spain: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Russia: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Russia: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Others: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Others: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Latin America: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Latin America: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Brazil: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Brazil: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Mexico: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Mexico: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Others: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Others: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Middle East and Africa: Microcontroller Socket Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Middle East and Africa: Microcontroller Socket Market: Breakup by Country (in %), 2022
- Figure 75: Middle East and Africa: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Global: Microcontroller Socket Industry: SWOT Analysis
- Figure 77: Global: Microcontroller Socket Industry: Value Chain Analysis
- Figure 78: Global: Microcontroller Socket Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Microcontroller Socket Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Microcontroller Socket Market Forecast: Breakup by Product (in Million US$), 2023-2028
- Table 3: Global: Microcontroller Socket Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Microcontroller Socket Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Microcontroller Socket Market: Competitive Structure
- Table 6: Global: Microcontroller Socket Market: Key Players
