Market Overview:
The global cryogenic probe station market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for semiconductor and microelectronics products, and the growing optoelectronics industry. The market is segmented on the basis of type, application, and region. On the basis of type, it is divided into automatic probe stations, semi-automatic probe stations, and manual probe stations. Automatic probe stations are further classified into closed-loop systems and open-loop systems. Closed-loop systems are more expensive but provide better accuracy than open-loop systems; as a result, they are expected to witness higher growth rates during the forecast period. By application, it is segmented into semiconductor devices & components; microelectronics devices & components; optoelectronic devices & components; medical equipment; aerospace equipment & instruments; automotive electronics equipment & parts; others (including telecommunications equipment). Semiconductors account for a major share of this market owing to their widespread use in various applications such as consumer electronics products (smartphones), computers/servers/networks), data centers), industrial automation) energy management) automobiles).
Product Definition:
A cryogenic probe station is a device used for measuring the electrical and thermal characteristics of materials at very low temperatures. The importance of cryogenic probe stations lies in their ability to accurately measure the properties of materials under conditions where traditional methods are no longer effective.
Automatic Probe station:
Cryogenic probe stations are used to measure the temperature of a sample and provide real-time data. Cryogenic probe stations have wide applications in various sectors such as oil & gas, power generation, aerospace & defense, automotive and others. The global market for cryogenic probe station is expected to witness significant growth over the forecast period owing to its ability to monitor critical process parameters at sub-zero temperatures with high accuracy.
Semi Automati Probe station:
Semi-automatic probe station is a device used to measure the temperature of sample liquid in process industries. It is an important tool for monitoring and controlling industrial processes. Cryogenic probe stations are used to measure temperature of samples that are as low as 0°C (32°F) up to 200°C (392°F).
Cryogenic probe stations have applications in various sectors such as oil & gas, power generation, petrochemical processing, pharmaceuticals.
Application Insights:
The semiconductor application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. Cryogenic probe stations are widely used in semiconductor manufacturing facilities for testing and maintenance of electronic components at extreme low temperatures. The semi-automatic or automatic probe station types are also used for testing various other industrial equipment such as air conditioners, refrigerators, heat exchangers, etc. However, manual cryogenic probe stations are preferred by some industries such as oil & gas and food & beverage due to their preference of older technology without automation.
Cryogenic probes have applications across a wide range of industries including energy generation (power plants), aerospace & defense (aircraft carriers), transportation (train cars), medical equipment maintenance/repairing (labs) among others which include water treatment plants among others where extreme temperature conditions prevail.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in R&D and rising adoption of cryogenic techniques for various applications.
North America accounted for approximately 25% revenue share in 2017 owing to significant presence of key players undertaking strategic initiatives such as joint ventures.
Growth Factors:
- Increasing demand for cryogenic probe stations in the semiconductor industry for testing and characterization of advanced semiconductor devices
- Growing demand from the medical device industry for cryogenic probe stations to test and characterize new medical devices
- Increasing use of cryogenic probe stations in research and development laboratories to study the behavior of materials at low temperatures
- Rising adoption of cryogenic probe stations in quality control applications to ensure product reliability
- Technological advancements that are resulting in smaller, more compact, and more affordable cryogenic probe stations
Scope Of The Report
Report Attributes
Report Details
Report Title
Cryogenic Probe Station Market Research Report
By Type
Automatic Probe station, Semi Automati Probe station, Manual Probe station
By Application
Semiconductor, Microelectronics, Opt Electronics, Others
By Companies
MPI, FormFactor, Signatron, Lake Shore Cryotronics, Everbeing Int’l Corp, Micromanipulator, MicroXact, Nagase Techno Engineering, Janis, Kreus, Semiprobe, Advanced Research Systems, Semishare, KeyFactor Systems, STAr Technologies, Kleindiek Nanotechnik, ESDEMC Technology, Shenzhen Sidea Semiconductor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Cryogenic Probe Station Market Report Segments:
The global Cryogenic Probe Station market is segmented on the basis of:
Types
Automatic Probe station, Semi Automati Probe station, Manual Probe station
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Semiconductor, Microelectronics, Opt Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MPI
- FormFactor
- Signatron
- Lake Shore Cryotronics
- Everbeing Int’l Corp
- Micromanipulator
- MicroXact
- Nagase Techno Engineering
- Janis
- Kreus
- Semiprobe
- Advanced Research Systems
- Semishare
- KeyFactor Systems
- STAr Technologies
- Kleindiek Nanotechnik
- ESDEMC Technology
- Shenzhen Sidea Semiconductor
Highlights of The Cryogenic Probe Station Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Automatic Probe station
- Semi Automati Probe station
- Manual Probe station
- By Application:
- Semiconductor
- Microelectronics
- Opt Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cryogenic Probe Station Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A cryogenic probe station is a facility used to study the behavior of materials at very low temperatures.
Some of the major players in the cryogenic probe station market are MPI, FormFactor, Signatron, Lake Shore Cryotronics, Everbeing Int’l Corp, Micromanipulator, MicroXact, Nagase Techno Engineering, Janis, Kreus, Semiprobe, Advanced Research Systems, Semishare, KeyFactor Systems, STAr Technologies, Kleindiek Nanotechnik, ESDEMC Technology, Shenzhen Sidea Semiconductor.
The cryogenic probe station market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cryogenic Probe Station Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cryogenic Probe Station Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cryogenic Probe Station Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cryogenic Probe Station Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cryogenic Probe Station Market Size & Forecast, 2020-2028
4.5.1 Cryogenic Probe Station Market Size and Y-o-Y Growth
4.5.2 Cryogenic Probe Station Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Automatic Probe station
5.2.2 Semi Automati Probe station
5.2.3 Manual Probe station
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Semiconductor
6.2.2 Microelectronics
6.2.3 Opt Electronics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cryogenic Probe Station Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cryogenic Probe Station Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Automatic Probe station
9.6.2 Semi Automati Probe station
9.6.3 Manual Probe station
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Semiconductor
9.10.2 Microelectronics
9.10.3 Opt Electronics
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Automatic Probe station
10.6.2 Semi Automati Probe station
10.6.3 Manual Probe station
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Semiconductor
10.10.2 Microelectronics
10.10.3 Opt Electronics
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Automatic Probe station
11.6.2 Semi Automati Probe station
11.6.3 Manual Probe station
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Semiconductor
11.10.2 Microelectronics
11.10.3 Opt Electronics
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Automatic Probe station
12.6.2 Semi Automati Probe station
12.6.3 Manual Probe station
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Semiconductor
12.10.2 Microelectronics
12.10.3 Opt Electronics
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Automatic Probe station
13.6.2 Semi Automati Probe station
13.6.3 Manual Probe station
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Semiconductor
13.10.2 Microelectronics
13.10.3 Opt Electronics
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cryogenic Probe Station Market: Competitive Dashboard
14.2 Global Cryogenic Probe Station Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MPI
14.3.2 FormFactor
14.3.3 Signatron
14.3.4 Lake Shore Cryotronics
14.3.5 Everbeing Int’l Corp
14.3.6 Micromanipulator
14.3.7 MicroXact
14.3.8 Nagase Techno Engineering
14.3.9 Janis
14.3.10 Kreus
14.3.11 Semiprobe
14.3.12 Advanced Research Systems
14.3.13 Semishare
14.3.14 KeyFactor Systems
14.3.15 STAr Technologies
14.3.16 Kleindiek Nanotechnik
14.3.17 ESDEMC Technology
14.3.18 Shenzhen Sidea Semiconductor
