Dublin, Feb. 23, 2024 (GLOBE NEWSWIRE) -- The "Global IC Socket Market Outlook 2023-2036" report has been added to ResearchAndMarkets.com's offering.
The global IC socket market is anticipated to hold a CAGR of 8.77% during the time period between 2023-2036. Integrated circuit technology is expected to be driven in a new direction by rapid technological progress, including big data, cloud computing, and the Internet of Things. For instance, in April 2023 Texas Instruments announced the introduction of its new SimpleLink Integrated Circuits product line consisting of a family of WIFI 6 companion components to enable designers to make extremely reliable, safe, and effective wireless connections at affordable prices up to 105C into densely populated or higher temperature environments. The IC socket market is poised to account for a market value of USD 2 billion by the end of 2036 up from a growth rate of USD 1 billion in the year 2023.
The global IC socket market is segmented into numerous segments, which include segmentation by type, IC test socket resin type, IC mounting socket, IC cutting process industry, application, industry vertical, and by region. By type, the market is segmented into IC mounting socket, and IC testing socket. By the end of 2036, the IC test socket segment is anticipated to garner the largest revenue of around USD 1.3 Billion, up from a revenue of close to USD 0.4 billion in the year 2023.
On the basis of region, the global IC socket market is segmented into East and Southeast Asia (China, South Korea, and Taiwan), America (United States), Japan, Rest of the World. The market in East and Southeast Asia, amongst the markets in all the other regions, is anticipated to garner the largest revenue of more than USD 1 billion by the end of 2036. Moreover, in the year 2023, the market in the region generated a revenue of over USD 0.3 billion.
Some of the prominent industry leaders in the global IC socket market that are included in our report are Smiths Interconnect, Leeno Industrial Inc., Sensata Technologies, Inc., Ironwood Electronics, 3M . JF Technology, Mill-Max Mfg. Corp., Advanced Interconnections Corp., Enplas Corporation, SABIC., and others.
Key Topics Covered:
1. An Introduction to the Research Study
1.1. Preface
1.2. Market Taxonomy
1.3. Definition of the Market and the Segments
1.4. Acronyms and Assumptions
2. The Research Procedure
3. Recommendation by Analyst for C-Level Executives
4. An Abstract of the Report
5. Evaluation of Market Fluctuations and Outlook
6. Fundamental Market Prospects
7. Decarbonization Strategy and Carbon Credit Benefits for Market Players
8. Regulatory & Standards Landscape
8.1. Manufacturing Standards & Compliances
8.2. Environmental Compliances
9. Impact of Recession on Global and Japanese Economy
10. Economic Outlook: Japan
10.1. Limitations to Japan's Economic Recovery
10.2. Uplifting Policies to Foster the Growth of the Economy
10.3. Future-Outlook and Strategic Move for Sustainable Economy
11. Industry Value Chain Analysis
11.1. Raw Material Procurement
11.2. Manufacturing
11.3. End User Outlook
12. Industry Risk Analysis
13. Industry Growth Outlook
14. Analysis on Ongoing Trends in Global IC Socket Market
15. Patent Analysis
16. Porter Five Force Analysis
17. Analysis of IC Socket Type
18. Global IC Socket Market from Resin Material Valuation, Business Viewpoint and Forecast, 2023-2036: Worldwide Factors Fostering the Industry Growth
18.1. Market Summary
18.2. Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
18.3. Market Increment USD Opportunity Assessment, 2023-2036
18.4. Year on Year Growth Forecast (%)
18.5. Pricing Analysis
19. Global IC Socket Market from Resin Material Valuation, Business Viewpoint and Forecast by Type, 2023- 2036
19.1 Outline of the Segment
19.2 Detailed Overview
19.2.1 IC Test Sockets Market Value (USD Million) Current and Future Projections, 2023-2036
19.2.2 IC Mounting Sockets Market Value (USD Million) Current and Future Projections, 2023-2036
19.3 Year on Year Growth Forecast (%)
20. Global IC Socket Market from Resin Material Valuation, Business Viewpoint and Forecast by IC Test Socket Resin Type, 2023-2036
20.1 Outline of the Segment
20.2 Detailed Overview
20.2.1 PEEK Market Value (USD Million) Current and Future Projections, 2023-2036
20.2.2 PEI Market Value (USD Million) Current and Future Projections, 2023-2036
20.2.3 PPS Resin Market Value (USD Million) Current and Future Projections, 2023-2036
20.2.4 Others Market Value (USD Million) Current and Future Projections, 2023-2036
20.3 Year on Year Growth Forecast (%)
21. Global IC Socket Market from Resin Material Valuation, Business Viewpoint and Forecast by IC Mounting Socket Resin Type, 2023-2036
21.1. Outline of the Segment
21.2. Detailed Overview
21.2.1. Thermoplastic Polyester Market Value (USD Million) Current and Future Projections, 2023-2036
21.2.2. Others Market Value (USD Million) Current and Future Projections, 2023-2036
21.3. Year on Year Growth Forecast (%)
22. Global IC Socket Market from Resin Material Valuation, Business Viewpoint and Forecast by IC Socket Cutting Process, 2023-2036
22.1 Outline of the Segment
22.2 Detailed Overview
22.2.1 Drill BitsTap Market Value (USD Million) Current and Future Projections, 2023-2036
22.2.2 Millings Market Value (USD Million) Current and Future Projections, 2023-2036
22.2.3 Others Market Value (USD Million) Current and Future Projections, 2023-2036
23 Year on Year Growth Forecast (%)
23. Global IC Socket Market from Resin Material Valuation, Business Viewpoint and Forecast by Application, 2023-2036
23.1 Outline of the Segment
23.2 Detailed Overview
23.3 Year on Year Growth Forecast (%)
24. Global IC Socket Market from Resin Material Valuation, Business Viewpoint and Forecast by Industry Vertical, 2023-2036
24.1 Outline of the Segment
24.2 Detailed Overview
24.3 Year on Year Growth Forecast (%)
25. Global IC Socket Market from Resin Material Valuation, Business Viewpoint and Forecast by Region, 2023- 2036
25.1 Outline of the Segment
25.2 Detailed Overview
25.3 Cross Analysis of IC Test Socket Resin Type w.r.to. Industry Vertical (USD Million), 2023
26. East & Southeast Asia IC Socket Market from Resin Material Valuation, Business Viewpoint and Forecast by Region, 2023-2036
27. America IC Socket Market from Resin Material Valuation, Business Viewpoint and Forecast by Region, 2023-2036
28. Japan IC Socket Market from Resin Material Valuation, Business Viewpoint and Forecast by Region, 2023-2036
29. Rest of the World IC Socket Market from Resin Material Valuation, Business Viewpoint and Forecast by Region, 2023-2036
30. Comprehensive Analysis of Leading Players in the Market
30.1. Market share of Key Competitors in the Market, (%) 2023
30.2. Profile of the Major Vendors
For more information about this report visit https://www.researchandmarkets.com/r/yezmlz
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