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Global Test / Burn-in Sockets Market to Reach US$1.9 Billion by the Year 2026

·13-min read
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Abstract: What`s New for 2022? - Global competitiveness and key competitor percentage market shares. - Market presence across multiple geographies - Strong/Active/Niche/Trivial.

New York, May 10, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Test / Burn-in Sockets Industry" - https://www.reportlinker.com/p06033103/?utm_source=GNW
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- Complimentary updates for one year
- Global Test / Burn-in Sockets Market to Reach US$1.9 Billion by the Year 2026

- Burn-in test sockets are integral elements of the burn-in testing approach intended to detect semiconductor devices or components with potential problems attributed to manufacturing defects. Burn-in for electronic components is performed at high temperatures and elevated voltage. Also termed as heat soaking, the process involves continuous testing of electronic components or testing during end of a burn-in period. The process requires users to expose the component population to elevated conditions for a specific time period. Components surviving the test are considered as reliable and fit for shipping, while components with faults are discarded. While burn-in testing for assembled boards is relatively challenging owing to different limits of components, the approach holds high relevance for detection of other issues like contact problems related to dry and cold joints. The burn-in process relies on various elements such as equipment, chamber, sockets and boards. Test and burn-in sockets feature a robust and leading edge design as well as are manufactured in relatively small quantities. These sockets are commonly used to facilitate semi-permanent connectivity between burn-in testing boards and test devices to expose electrical devices to high temperature settings. Test and burn-in sockets are extensively used in the testing process intended to detect components with potential failure rates prior to their real-world applications. These sockets are widely used for detecting components on PCB boards with potential faults.

- Growth in the global market is due to increasing sale of consumer electronics, unabated expansion of the automotive industry and technological advances. In addition, the market growth is poised to be augmented by increasing adoption of sockets in driving assistance systems and consumer electronics products such as smartphones. The test and burn-in sockets market is led by the CPU & SPU segment that accounts for the majority stake in revenue terms. The segment is gaining from extensive use of test and burn-in sockets due to their ability to enable high-density and high-speed testing, even at low voltages. The CPU & SPU segment is likely to remain the primary application due to increasing uptake of CPU and SPU in high-speed vector processing. On the other hand, the CMOS image sensor segment is predicted to experience the fastest growth over the coming years due to high demand for these sensors in VR/AR technologies. CMOS image sensors are anticipated to find rising adoption as a result of increasing consumer demand for DSLR cameras, smartphones and tablets. The segment is estimated to receive a notable boost from increasing attention on self-driving cars along with sophisticated driver assistance systems. Amid the COVID-19 crisis, the global market for Test / Burn-in Sockets estimated at US$1.6 Billion in the year 2022, is projected to reach a revised size of US$1.9 Billion by 2026, growing at a CAGR of 5.9% over the analysis period. The U.S. Market is Estimated at $140.6 Million in 2022, While China is Forecast to Reach $393.3 Million by 2026

- The Test / Burn-in Sockets market in the U.S. is estimated at US$140.6 Million in the year 2022. The country currently accounts for a 9.1% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$393.3 Million in the year 2026 trailing a CAGR of 7.9% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 4.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR while Rest of European market (as defined in the study) will reach US$50.8 Million by the close of the analysis period. North America dominates the global market due to increasing sale of consumer electronics products and significant investments in R&D activity. The regional market is poised to gain from ongoing technological advances coupled with high demand for driver assistance systems and connectors. The test and burn-in sockets market in Asia-Pacific is projected to register the fastest growth due to robust demand across emerging economies such as China and India. The regional market is gaining from increasing sales of computers, consumer electronics products and communication equipment along with continuous expansion of the automotive industry. Select Competitors (Total 64 Featured) 3M Company Abrel Products Ltd. Aries Electronics Cohu, Inc. Enplas Corporation Ironwood Electronics ISC LEENO Industrial Inc. Loranger International Corporation M Specialties LLC Mill-Max Mfg. Corp. Plastronics Socket Company Qualmax Inc. Robson Technologies, Inc. Sensata Technologies, Inc. Smiths Interconnect, Inc. WinWay Technology Co., Ltd. Yamaichi Electronics Co., Ltd. Yokowo co., ltd.


Read the full report: https://www.reportlinker.com/p06033103/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
As the Race between the Virus & Vaccines Intensifies, Review of
the World Economy in 2021 and Beyond
With IMF Making an Upward Revision of Global GDP for 2022,
Companies Remain Bullish About an Economic Comeback
EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual
% Change) for 2020 through 2022
Test and Burn-In Sockets Exhibit Resilience
Electronics Manufacturers Adapt to the New Normal
Semiconductors are Key Part of the Electronics Value Chain.
COVID-19 Exposes the Risk of Value Chain Modularity
Test / Burn-in Sockets: A Prelude
Market Outlook
Challenges for Burn-In Socket Makers
The Importance of Semiconductors!
EXHIBIT 2: Global Semiconductor Industry (2021): Percentage
Breakdown of Revenues by Application
Market to Register Healthy Growth
EXHIBIT 3: World Semiconductor Industry Revenue Growth: 2015-2022
Competition
EXHIBIT 4: Test / Burn-in Sockets - Global Key Competitors
Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for
13 Players Worldwide in 2022 (E)
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Accelerating Pace of Digital Transformation Drives Opportunities
EXHIBIT 5: COVID-19 Has Created an Environment Where Digital
Transformation Equals Survival: Global Digital Transformation
Spending (In US$ Billion) for Years 2017 Through 2023
Winds of Major Changes in Semiconductor Industry & Implications
for Burn-In Sockets
Evolution of Device Technology Demands Parallel Advances for
Burn-In Sockets
Large Scale Rollout of 5G Technology to Boost Market Prospects
EXHIBIT 6: Growing Demand for 5G Chipset Modules Promotes
Growth Opportunities for Burn-in Testing Strategies: Global 5G
Chipset Market (In US$ Billion) for the Years 2019, 2021,
2023, 2025 & 2026
Increasing Uptake of AI Drives Momentum
EXHIBIT 7: Global AI Semiconductor Market (In US$ Billion) for
Years 2020, 2023 & 2025
Industrial Semiconductors to Emerge Into a Key Growth Pocket
EXHIBIT 8: Global Market for Industrial Semiconductors (In US$
Billion) for Years 2020, 2022 & 2024
Rapid Proliferation of Electronic & Electrical Subsystems in
Automobiles Spurs Momentum
EXHIBIT 9: Measuring the Growing Importance of Electronics in
Cars: Automotive Electronics as a Percentage of Vehicle
Production Cost for the Years 2010, 2020 & 2030
Increased Motion Sensors, ICs Demand Fuels Demand for Burn-in
Sockets
Chip Shortages to Continue, But Situation Set to Improve
EXHIBIT 10: World Automobile Production in Million Units:
2008-2022
Robust Outlook for EVs Opens New Opportunities for Growth
EXHIBIT 11: Global Electric Passenger Car Stock (In Million
Units) for the Years 2017, 2018, 2019, 2020 & 2025P
Looking Beyond Current Challenges, the Coming of Age of
Autonomous Driving to Spur Growth
EXHIBIT 12: Global Autonomous Vehicle Sales (In Million)
Growing Proliferation of Consumer Electronic Devices to Drive
Demand for ICs Triggering the Need for Burn-In / Test Sockets
EXHIBIT 13: Global Consumer Electronics Market (In US$ Billion)
for the Years 2018 through 2024
EXHIBIT 14: Global Smart Homes Market by Category in US$
Billion for the Years 2020 and 2022
Custom Packages Demand Peps up
Performance and Reliability of Sockets Highly Critical

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for Test /
Burn-in Sockets by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR

Table 2: World Historic Review for Test / Burn-in Sockets by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2012 through 2019 and
% CAGR

Table 3: World 15-Year Perspective for Test / Burn-in Sockets
by Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2012, 2021 & 2027

III. MARKET ANALYSIS

UNITED STATES
Table 4: USA Recent Past, Current & Future Analysis for Test /
Burn-in Sockets by Segment - Test / Burn-in Sockets -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 5: USA Historic Review for Test / Burn-in Sockets by
Segment - Test / Burn-in Sockets Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2012 through 2019 and
% CAGR

CANADA
Table 6: Canada Recent Past, Current & Future Analysis for Test /
Burn-in Sockets by Segment - Test / Burn-in Sockets -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 7: Canada Historic Review for Test / Burn-in Sockets by
Segment - Test / Burn-in Sockets Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2012 through 2019 and
% CAGR

JAPAN
Table 8: Japan Recent Past, Current & Future Analysis for Test /
Burn-in Sockets by Segment - Test / Burn-in Sockets -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 9: Japan Historic Review for Test / Burn-in Sockets by
Segment - Test / Burn-in Sockets Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2012 through 2019 and
% CAGR

CHINA
Table 10: China Recent Past, Current & Future Analysis for Test /
Burn-in Sockets by Segment - Test / Burn-in Sockets -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 11: China Historic Review for Test / Burn-in Sockets by
Segment - Test / Burn-in Sockets Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2012 through 2019 and
% CAGR

EUROPE
Table 12: Europe Recent Past, Current & Future Analysis for
Test / Burn-in Sockets by Geographic Region - France, Germany,
Italy, UK and Rest of Europe Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2020 through 2027 and %
CAGR

Table 13: Europe Historic Review for Test / Burn-in Sockets by
Geographic Region - France, Germany, Italy, UK and Rest of
Europe Markets - Independent Analysis of Annual Sales in US$
Million for Years 2012 through 2019 and % CAGR

Table 14: Europe 15-Year Perspective for Test / Burn-in Sockets
by Geographic Region - Percentage Breakdown of Value Sales for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2012, 2021 & 2027

FRANCE
Table 15: France Recent Past, Current & Future Analysis for
Test / Burn-in Sockets by Segment - Test / Burn-in Sockets -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 16: France Historic Review for Test / Burn-in Sockets by
Segment - Test / Burn-in Sockets Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2012 through 2019 and
% CAGR

GERMANY
Table 17: Germany Recent Past, Current & Future Analysis for
Test / Burn-in Sockets by Segment - Test / Burn-in Sockets -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 18: Germany Historic Review for Test / Burn-in Sockets by
Segment - Test / Burn-in Sockets Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2012 through 2019 and
% CAGR

ITALY
Table 19: Italy Recent Past, Current & Future Analysis for Test /
Burn-in Sockets by Segment - Test / Burn-in Sockets -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 20: Italy Historic Review for Test / Burn-in Sockets by
Segment - Test / Burn-in Sockets Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2012 through 2019 and
% CAGR

UNITED KINGDOM
Table 21: UK Recent Past, Current & Future Analysis for Test /
Burn-in Sockets by Segment - Test / Burn-in Sockets -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 22: UK Historic Review for Test / Burn-in Sockets by
Segment - Test / Burn-in Sockets Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2012 through 2019 and
% CAGR

REST OF EUROPE
Table 23: Rest of Europe Recent Past, Current & Future Analysis
for Test / Burn-in Sockets by Segment - Test / Burn-in Sockets -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 24: Rest of Europe Historic Review for Test / Burn-in
Sockets by Segment - Test / Burn-in Sockets Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2012 through 2019 and % CAGR

ASIA-PACIFIC
Table 25: Asia-Pacific Recent Past, Current & Future Analysis
for Test / Burn-in Sockets by Geographic Region - South Korea,
Taiwan and Rest of Asia-Pacific Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 26: Asia-Pacific Historic Review for Test / Burn-in
Sockets by Geographic Region - South Korea, Taiwan and Rest of
Asia-Pacific Markets - Independent Analysis of Annual Sales in
US$ Million for Years 2012 through 2019 and % CAGR

Table 27: Asia-Pacific 15-Year Perspective for Test / Burn-in
Sockets by Geographic Region - Percentage Breakdown of Value
Sales for South Korea, Taiwan and Rest of Asia-Pacific Markets
for Years 2012, 2021 & 2027

SOUTH KOREA
Table 28: South Korea Recent Past, Current & Future Analysis
for Test / Burn-in Sockets by Segment - Test / Burn-in Sockets -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 29: South Korea Historic Review for Test / Burn-in
Sockets by Segment - Test / Burn-in Sockets Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2012 through 2019 and % CAGR

TAIWAN
Table 30: Taiwan Recent Past, Current & Future Analysis for
Test / Burn-in Sockets by Segment - Test / Burn-in Sockets -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 31: Taiwan Historic Review for Test / Burn-in Sockets by
Segment - Test / Burn-in Sockets Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2012 through 2019 and
% CAGR

REST OF ASIA-PACIFIC
Table 32: Rest of Asia-Pacific Recent Past, Current & Future
Analysis for Test / Burn-in Sockets by Segment - Test / Burn-in
Sockets - Independent Analysis of Annual Sales in US$ Million
for the Years 2020 through 2027 and % CAGR

Table 33: Rest of Asia-Pacific Historic Review for Test /
Burn-in Sockets by Segment - Test / Burn-in Sockets Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2012 through 2019 and % CAGR

REST OF WORLD
Table 34: Rest of World Recent Past, Current & Future Analysis
for Test / Burn-in Sockets by Segment - Test / Burn-in Sockets -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 35: Rest of World Historic Review for Test / Burn-in
Sockets by Segment - Test / Burn-in Sockets Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2012 through 2019 and % CAGR

IV. COMPETITION
Total Companies Profiled: 64
Read the full report: https://www.reportlinker.com/p06033103/?utm_source=GNW

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