IC Sockets Market (Updated Version Available)

IC Sockets Market 2020 by Manufacturers, Regions (Europe, Asia Pacific, North America and South America), Type, Application And Forecast to 2025

Report ID : RI_95304 | Date : July 2020 | Format : ms word ms Excel PPT PDF

This Report Includes The Most Up-To-Date Market Figures, Statistics & Data
An IC socket, or integrated circuit socket, is used in devices that contain an integrated circuit. An IC socket is used as a placeholder for IC chips and is used in order to allow safe removal and insertion of IC chips because IC chips may become damaged from heat due to soldering.
The growing global demand for consumer electronics has been identified as a major driving force for the growth of the IC sockets market. Over the last few years, the product development cycle has shortened considerably owing to the growing level of competition, which has led to the increased adoption for production and testing sockets. For instance, China is re-engineering its development and innovation processes in a bid to reduce the TTM (time to market) for the new products. However, the trend of miniaturization has been a challenge for the IC sockets market as they tend to occupy additional space and add an extra electrical signal path to the IC device.
Consumer electronics lead the market on account of the massive sales of laptops, smartphones, PCs, tablets, and other consumer electronic devices, which incorporate integrated circuits. These electronic appliances are manufactured with some simple or complex circuits. Electronic components in these circuits are connected with each other by wires or conducting wires for the flow of electric current through the multiple components of the circuit, such as resistors, capacitors, inductors, diodes, and transistors. Owing to the increasing sales of consumer electronics, IC sockets are expected to witness a greater adoption in these devices.
In 2020, the market size of IC Sockets is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2020; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2019 has been considered as the base year and 2020 to 2025 as the forecast period to estimate the market size for IC Sockets.

This report studies the global market size of IC Sockets, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the IC Sockets production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2020, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2020.

In global market, the following companies are covered:
3M Company
Aries Electronics
Chupond Precision Co., Ltd.
Enplas Corporation
FCI
Foxconn Technology Group
Johnstech International Corporation
Loranger International Corporation
Mill-Max Mfg. Corporation
Molex, Inc.
Plastronics Socket Company, Inc.
Sensata Technologies B.V.
Tyco Electronics Ltd.
Win Way Technology Co., Ltd.
Yamaichi Electronics Co., Ltd.

Market Segment by Product Type
Dual In-Line Memory Module Sockets (DIMM)
Production Sockets
Test/Burn-In Sockets

Market Segment by Application
Residential
Commercial
Industrial

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

The study objectives are:
To analyze and research the IC Sockets status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key IC Sockets manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

In this study, the years considered to estimate the market size of IC Sockets are as follows:
History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2025
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