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Microcontroller Socket Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global microcontroller socket market size reached US$ 1.06 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1.52 Billion by 2027, exhibiting a growth rate (CAGR) of 5.80% during 2022-2027.

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 2022-2027. 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global microcontroller socket market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global microcontroller socket market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global microcontroller socket market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Microcontroller Socket Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    DIP
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    BGA
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    QFP
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    SOP
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    SOIC
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Application
    7.1    Automotive
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Consumer Electronics
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Industrial
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Medical Devices
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Military and Defense
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Region
    8.1    North 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
    8.2    Asia-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
    8.3    Europe
        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
    8.4    Latin 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
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Advanced Interconnections
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
        13.3.2    Andon Electronics
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
        13.3.3    Aries Electronics Inc.
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
        13.3.4    Johnstech International Corporation
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
        13.3.5    Loranger International Corporation
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
        13.3.6    Microchip Technology
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
           13.3.6.3 Financials
           13.3.6.4 SWOT Analysis
        13.3.7    Mill-Max Mfg. Corp.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
        13.3.8    PRECI-DIP SA
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
        13.3.9    TE Connectivity
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
           13.3.9.3 Financials
           13.3.9.4 SWOT Analysis
        13.3.10    Texas 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

List of Figures

Figure 1: Global: Microcontroller Socket Market: Major Drivers and Challenges
Figure 2: Global: Microcontroller Socket Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Microcontroller Socket Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Microcontroller Socket Market: Breakup by Product (in %), 2021
Figure 5: Global: Microcontroller Socket Market: Breakup by Application (in %), 2021
Figure 6: Global: Microcontroller Socket Market: Breakup by Region (in %), 2021
Figure 7: Global: Microcontroller Socket (DIP) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Microcontroller Socket (DIP) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Microcontroller Socket (BGA) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Microcontroller Socket (BGA) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Microcontroller Socket (QFP) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Microcontroller Socket (QFP) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Microcontroller Socket (SOP) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Microcontroller Socket (SOP) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Microcontroller Socket (SOIC) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Microcontroller Socket (SOIC) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Microcontroller Socket (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Microcontroller Socket (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Microcontroller Socket (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Microcontroller Socket (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Microcontroller Socket (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Microcontroller Socket (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Microcontroller Socket (Medical Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Microcontroller Socket (Medical Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Microcontroller Socket (Military and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Microcontroller Socket (Military and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: North America: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: North America: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: United States: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: United States: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Canada: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Canada: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Asia-Pacific: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Asia-Pacific: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: China: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: China: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Japan: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Japan: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: India: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: India: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: South Korea: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: South Korea: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Australia: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Australia: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Indonesia: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Indonesia: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Others: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Others: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Europe: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Europe: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Germany: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Germany: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: France: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: France: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: United Kingdom: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: United Kingdom: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Italy: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Italy: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Spain: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Spain: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Russia: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Russia: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Latin America: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Latin America: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Brazil: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Brazil: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Mexico: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Mexico: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Others: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Others: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Middle East and Africa: Microcontroller Socket Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Middle East and Africa: Microcontroller Socket Market: Breakup by Country (in %), 2021
Figure 75: Middle East and Africa: Microcontroller Socket Market Forecast: Sales Value (in Million US$), 2022-2027
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

List of Tables

Table 1: Global: Microcontroller Socket Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Microcontroller Socket Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Microcontroller Socket Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Microcontroller Socket Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Microcontroller Socket Market: Competitive Structure
Table 6: Global: Microcontroller Socket Market: Key Players


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