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Report
Microcontroller Socket Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-10-15 I 147 Pages I IMARC Group
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?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Microcontroller Socket Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Product
6.1DIP
6.1.1 Market Trends
6.1.2 Market Forecast
6.2BGA
6.2.1 Market Trends
6.2.2 Market Forecast
6.3QFP
6.3.1 Market Trends
6.3.2 Market Forecast
6.4SOP
6.4.1 Market Trends
6.4.2 Market Forecast
6.5SOIC
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1Automotive
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Consumer Electronics
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Industrial
7.3.1 Market Trends
7.3.2 Market Forecast
7.4Medical Devices
7.4.1 Market Trends
7.4.2 Market Forecast
7.5Military and Defense
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1North 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
8.2Asia-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
8.3Europe
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
8.4Latin 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
8.5Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1Overview
9.2Strengths
9.3Weaknesses
9.4Opportunities
9.5Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1Overview
11.2Bargaining Power of Buyers
11.3Bargaining Power of Suppliers
11.4Degree of Competition
11.5Threat of New Entrants
11.6Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1Market Structure
13.2Key Players
13.3Profiles of Key Players
13.3.1Advanced Interconnections
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2Andon Electronics
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3Aries Electronics Inc.
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4Johnstech International Corporation
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5Loranger International Corporation
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6Microchip Technology
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.6.4 SWOT Analysis
13.3.7Mill-Max Mfg. Corp.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8PRECI-DIP SA
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9TE Connectivity
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
13.3.10Texas 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
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
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
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