IC Sockets Market Value  2023-2032

IC Sockets Market Value  2023-2032

Oct 03, 2023

The Global IC Sockets market was valued at US$ 4097 million in 2022 and is projected to reach US$ 6090 million by 2029, at a CAGR of 6.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes..

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An Integrated Circuit (IC) socket, often referred to simply as an “IC socket,” is a mechanical device used in electronic circuits to hold and facilitate the easy removal and replacement of integrated circuits (ICs). ICs are semiconductor devices that contain a multitude of electronic components, such as transistors, resistors, and capacitors, integrated onto a single chip.

IC sockets are used to connect integrated circuits (ICs) to printed circuit boards (PCBs). They provide a secure and reliable way to mount and remove ICs, and they also allow for easy replacement of ICs in the event of failure.

Total Market by Segment :

Global IC Sockets Market, by Socket Types, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global IC Sockets Market Segment Percentages, by Socket Types, 2022 (%)

  • Dual In-Line Memory Module Sockets(DIMM)
  • Production Sockets
  • Test/Burn-In Sockets
  • DIP (Dual In-Line Package) Sockets
  • PLCC (Plastic Leaded Chip Carrier) Sockets
  • PGA (Pin Grid Array) Sockets
  • SOIC (Small Outline Integrated Circuit) Sockets
  • BGA (Ball Grid Array) Sockets
  • QFP (Quad Flat Package) Sockets
  • LGA (Land Grid Array) Sockets

Key Players Include :

  • 3M Company
  • Aries Electronics
  • Enplas Corporation
  • FCI
  • Foxconn Technology Group
  • Mill-Max Mfg. Corporation
  • Molex, Inc.
  • Plastronics Socket Company, Inc.
  • Sensata Technologies B.V.
  • Win Way Technology Co., Ltd.
  • Amphenol Corporation
  • Hirose Electric Company, Ltd.
  • JST (Japan Solderless Terminal) Corporation
  • Sumitomo Wiring Systems, Ltd.
  • Yamaichi Electronics (Thailand) Co., Ltd.

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