In 2022, the market for failure analysis equipment is anticipated to be worth US$ 9.4 billion. Sales of failure analysis equipment will increase globally from 2022 to 2032 at a 7.9% CAGR. The global market will surpass a valuation of US$ 20.2 billion by the end of 2032.
The global failure analysis equipment market will continue to be dominated by semiconductor manufacturing. This is a result of the semiconductor industry’s increasing use of failure analysis tools. Between 2022 and 2032, the target category is anticipated to grow at a 7.7% annual rate.
The market will grow as failure analysis equipment is increasingly used in a variety of sectors. The adoption of new laws and regulations will increase the demand for failure analysis equipment even more.
Equipment for failure analysis is utilised in sectors like semiconductor, medical devices, and oil & gas. They are now crucial tools for enhancing product quality and lowering the likelihood of failure. Users can learn more about the underlying reasons of product failures with the aid of this equipment.
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Sales of failure analysis equipment will increase as manufacturing fault reduction becomes a higher priority. In addition, expanding preventative maintenance applications for this equipment will promote growth.
Chemical analysis is done in the oil and gas business using equipment like XRF. Metallurgy uses spectrometers and hardness tests frequently. Similar tools are used in fibre optics, such as fibre visual defect locators and VFL fibre testers.
The medical industry uses failure analysis devices as well. They enable producers to create reliable, high-quality medical gadgets. Sales of failure analysis tools will increase as the market for medical devices expands.
Problems with nanotech devices are found using tools like SEMs. Widening applications in so many different industries will therefore encourage market expansion.
Key Takeaways from Failure Analysis Equipment Market Report:
- Global failure analysis equipment sales are set to exhibit a CAGR of 7.9% through 2032.
- By technology, secondary ion mass spectroscopy segment will expand at 7.8% CAGR.
- Demand for failure analysis equipment in semiconductor manufacturing will rise at 7.7% CAGR.
- The United States failure analysis equipment is set to expand at 6.8% CAGR through 2032.
- Sales of failure analysis equipment in China are likely to surge at 8.9% CAGR through 2032.
- Japan failure analysis equipment will reach US$ 1.4 billion by the end of 2032.
- Failure analysis equipment demand in Korea is forecast to increase at 8.4% CAGR.
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“Rising applications in medical device and semiconductor sectors will spur market expansion. Besides this, implementation of stringent regulations to improve product quality will fuel demand.” Says a lead Future Market Insights analyst.
Who is Winning?
Eurofins Scientific, JEOL, Ltd., Veeco Instruments, Thermo Fisher Scientific, Carl Zeiss SMT GmbH, Bruker, Hitachi High-Technologies Europe GmbH, Tescan Orsay Holding, Oxford Instruments, and A&D Company, Ltd are leading failure analysis equipment manufacturers.
These players are focusing on expanding their product offerings by launching new failure analysis solutions. They are also using merger & acquisitions strategy to expand their footprint.
More Insights Available:
Future Market Insights, in its new offering, presents an unbiased analysis of the Failure analysis equipment market, presenting historical market data (2017 to 2021) and forecast statistics for the period of 2022 to 2032.
The study reveals extensive growth in failure analysis equipment market based on equipment (scanning electron microscope SEM, transmission electron microscope TEM, focused ion beam system, and dual beam (FIB/SEM) systems), technology (focused ion beam, broad ion milling, secondary ion mass spectroscopy, energy dispersive X-ray spectroscopy, reactive ion etching, and chemical mechanical planarization CMP), and end use (semiconductor manufacturing, fiber optics, bio-medical and life sciences, metallurgy, nanotechnology and nano-materials, and polymers) across several regions.
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Global Failure Analysis Equipment Market Segmentation
- Scanning Electron microscope (SEM)
- Transmission Electron Microscope – TEM
- Focused Ion Beam System – FIB
- Dual – Beam (FIB/SEM) Systems
- Focused Ion Beam – FIB
- Broad Ion Milling – BIM
- Secondary Ion Mass Spectroscopy – SIMS
- Energy Dispersive X-Ray Spectroscopy – EDX
- Reactive Ion Etching – RIE
- Chemical Mechanical Planarization – CMP
- Semiconductors Manufacturing
- Fiber Optics
- Bio-Medical and Life Sciences
- Nanotechnology and Nano-materials
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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