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Failure Analysis Equipment Market By Equipment Type (Scanning Electron Microscope, Transmission Electron Microscope, Focused Ion Beam System), By Technology (Focused Ion Beam Technology, Broad Ion Milling Technology, Secondary Ion Mass Spectroscopy Technology, Energy Dispersive X-ray Spectroscopy Technology, Reactive Ion Etching Technology), By Application (Industrial Science, Material Science, Bioscience, Electronics) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

The global failure analysis equipment market was valued at US$ 4,978.4 million in 2017 and is expected to grow at an 8.3% CAGR from 2018 to 2026. Failure analysis is the process used for systematic and logical investigation of a machine or equipment to analyze and detect the causes and consequences of potential or actual failure.

The basic form of a failure is a component or system that is operating but does not carry out its intended function. When a device or product fails, the root cause should be known. With failure analysis equipment, businesses can get to the cause of any product failure, as it offers information needed to correct and address the issue causing the failure.

Failure analysis equipment is used to eliminate a product's potential or existing problems. This equipment is used to examine the problems and vouch for a helpful action or improvement in order to avoid failures that can occur in the future. This, in turn, reduces maintenance costs and improves efficiency through timely analysis.

Increasing applications and demand for failure analysis equipment for quality inspection are some of the major factors driving the growth prospects of the failure analysis equipment market worldwide. This equipment is widely used in industrial science, material science, bioscience, and electronics to identify possible failures in complex processes, thereby providing a basis for continuous improvement.

Growing awareness amongst people regarding the quality of products and solutions that are being offered to them is enabling organizations to implement failure analysis equipment into their manufacturing facilities. Moreover, industrial and technological advancements are further allowing organizations to cut costs in production by monitoring the nature of products that are to be produced well in advance before the final product is manufactured.

These factors are altogether enabling the adoption of failure analysis equipment for several end-use applications, thereby encouraging the growth of the failure analysis equipment market across the globe.

Market Snapshot

Focused ion beam (FIB) systems dominated the market in 2017.

In 2017, based on equipment type, focused ion beam systems accounted for the largest market share in the global failure analysis equipment market. Focused ion beam systems are increasingly used for failure analysis in extensive fields, ranging from semiconductor devices to ceramics and metallurgy. They are used in the field of material science, both as a microscope and as a specimen preparation tool.

Focused ion beam systems are nearly identical to scanning electron microscopes (SEM), but they use a beam of ions rather than electrons. It can directly modify or mill the specimen surface, and this milling can be controlled with nanometer precision. Owing to its extensive utilization, the segment is expected to grow at a significant rate in the years to come.

In 2017, the largest market share was held by Secondary Ion Mass Spectroscopy (SIMS) technology.

Based technology, secondary ion mass spectrometry (SIMS) technology led to the failure analysis equipment market in 2017.

Secondary ion mass spectroscopy (SIMS) technology is used in surface and material science for analyzing the composition of thin films and solid surfaces by sputtering the surface of the sample with an intense primary ion beam and then analyzing and collecting the ejected secondary ions. Secondary ion mass spectroscopy is one of the most subtle surface analysis methods, with essential detection limits ranging from parts per million to parts per billion. The ability to identify all elements present at very low concentration levels is driving the growth of this segment.

Asia Pacific will maintain its dominance throughout the forecast period of 2018 to 2026.

In 2017, Asia Pacific held the largest market share in the failure analysis equipment market and was likely to continue with its supremacy during the forecast period from 2018 to 2026. The large presence of semiconductor companies in countries including China, Japan, India, etc., has encouraged the growth of the failure analysis equipment market in the region.

The semiconductor market continually evolves at a fast pace, with strong growth in the foundry, internet of things (IoT), memory, and display markets. This growth has increased the need for high-quality failure analysis equipment, thereby driving the market's growth in the region.

Competitive Insights

Major players in the failure analysis equipment market include A&D Company, Limited, Thermo Fisher Scientific (FEI Company), Hitachi High-Technologies Corporation, Intertek Group plc, JEOL USA, Inc., Motion X Corporation, TESCAN ORSAY HOLDING, a.s., ZEISS International, Asahi Kasei Microdevices Corporation, and TESTiLABS, among others.

The prominent players in the failure analysis equipment market are focused on adopting strategies like partnerships, acquisitions, and new product development to stay ahead and obtain an upper hand in the market. The players are mainly focusing on implementing these strategies to cater to the needs of their customers and to gain a competitive edge over others.

For instance, in July 2018, Hitachi High-Technologies Corporation launched the SU7000, a Schottky field emission scanning electron microscope (FE-SEM) that incorporates enhanced versatility, high throughput, and large specimens. The newly launched SU7000 provides improved signal separation for electrons and backscattered electrons through innovative technologies. In stride with expanding growth in semiconductors, nanotechnology, electronics, material science, and biology, there has been a prompt need for high-throughput scanning electron microscopes that are able to reduce observation times and obtain a large amount of information.

Periods of History and Forecast

The research report presents the analysis of each segment from 2016 to 2026, considering 2017as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments was calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The failure analysis equipment market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global failure analysis equipment market based on equipment type, technology, application, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

  • What was the size of the market for failure analysis equipment in 2017, and what is the forecast up to 2026?
  • What are the key factors driving the global failure analysis equipment market?
  • What are the key market trends and high-growth opportunities observed in the failure analysis equipment market?
  • What are the drivers of the failure analysis equipment market?
  • Which is the largest regional market for failure analysis equipment?
  • Which segment will grow at a faster pace? Why?
  • Which region will drive the market's growth? Why?
  • Which players are leading the failure analysis equipment market?
  • What are the sustainability strategies adopted by the key players operating in the market?

This report's distinct data points

  • Key trends shaping the failure analysis equipment market
  • Qualitative and quantitative insights across different geographies and sub-geographies
  • comprehensive mapping of the competitive landscape and the market participants' behavior.
  • Global failure analysis equipment current and future scenarios 

Frequently Asked Question:

The market for Failure Analysis Equipment Market is expected to reach USD$ 4,978.4 Mn in 2026.

The Failure Analysis Equipment Market is expected to see significant CAGR growth over the coming years, at 8.3%.

The report is forecasted from 2018 -2026.

The base year of this report is 2017.

A&D Company, Limited, Thermo Fisher Scientific (FEI Company), Hitachi High-Technologies Corporation, Intertek Group plc, JEOL USA, Inc., Motion X Corporation. are some of the major players in the global market.

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Published Date:  Dec 2018
Category:  Technology & Media
Report ID:   59462
Report Format:   PDF
Pages:   120
Rating:    4.6 (58)
Delivery Time: 24 Hours to 48 Hours   
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