Wide Application to Give Boost to the Test and Burn-in Sockets Market
The test and burn-in sockets market worldwide is expected to grow with a CAGR of 5.6% during the forecast period from 2019 to 2027. The test and burn-in sockets market is driven by the connector market. The test and burn-in sockets denote a small but challenging segment of the connector market. The designs of the sockets are robust, leading edge and are produced in small quantities. The sockets are widely used in smartphones and driving assistance systems. As a result, we expect the market to grow with a rapid pace throughout the forecast period.
Market Synopsis
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CMOS Image Sensor Set to Dominate the Market
The test and burn-in sockets market by application type is led by CPU & SPU segment. Owing to wider adoption of SPU and CPU in high speed vector processing, the sale of test and burn-in socket has been significant. Further, the CMOS image sensor market is expected to grow at the fastest pace at a CAGR of 8.7% during the forecast period. Due to emergence of self-driving cars and advanced driver assistance systems, the demand for CMOS image sensors from the automotive segment has been significant. Hence the CMOS image sensor segment shall continue to lead the test and burn-in sockets market throughout the forecast period.
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Asia Pacific to be the Fastest Growing Region
North America led the test and burn-in sockets market. Growing demand for consumer electronics, and rapid increase in R & D activities are the major growth factors for North America. On the other hand, Asia Pacific will be the fastest growing region. Asia-Pacific region has been growing ominously. Increased sale of communication equipment, computer, etc. prominently drive the demand for test and burn-in sockets market. Further, increase in number of smart phone users and high growth in automotive shall drive the test and burn-in sockets market. As a result of aforementioned factors, Asia Pacific will be the fastest growing segment throughout the forecast period.
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Some of the prominent players operating in the test and burn-in sockets market Yamaichi Electronics, Cohu, Enplas, ISC, Smiths Interconect, LEENO, Sensata Technologies, Johnstech, Yokowo, WinWay Technologies, Loranger among others.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The Test and burn-in sockets market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global test and burn-in sockets market based on product type, application and geography. Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2017-2027 |
| Base Year |
2018 |
| Forecast Period |
2019-2027 |
| Historical Year |
2017 |
| Unit |
USD Million |
| Segmentation |
Product Type (2017–2027; US$ Mn)
• Burn-in
• Test
|
|
Application (2017–2027; US$ Mn)
• Memory
• CMOS image sensor
• High Voltage
• RF
• CPU & SPU
|
|
Geography Segment (2017–2027; US$ Mn)
• North America (U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (Middle East & Africa, Latin America)
|
Key questions answered in this report
- What was the market size of test and burn-in sockets in 2018 and forecast up to 2027?
- Which is the largest regional market for test and burn-in sockets?
- What are the major trends followed in overall test and burn-in sockets across different regions?
- Who are the key test and burn-in sockets companies leading the market?
- What are the key strategies adopted by the leading test and burn-in sockets companies in market?
Unique data points of this report
- Statistics on integrated circuits worldwide
- Recent trends across different regions in terms of adoption of test and burn-in sockets across various applications
- Notable developments going on in test and burn-in sockets
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
