Radical development in the industrial sector globally has led to the advancement of scientific instruments necessary for new inventions. Intense competition among emerging economies such as India and China has led them to increase their R&D spends on scientific instruments to lead the way in scientific innovations.
The Indian government is ramping up its R&D capabilities to address the growing demand for technology savvy solutions in the life science, industrial, and educational sectors. It is taking initiatives under the Nano Science and Technology Initiative (NSTI) program and extending funds to support agencies that are involved in this business. Such initiatives not only aim to improve the industrial environment, but also pave a secure path for the widespread use of technologically advanced scientific instruments in the Indian market.
The mutual cooperation between the government and scientific research agencies leads TechNavio to believe that the Electron Microscope market in India, which was 80-95 units to begin with in 2011, will cross 100 units by 2012.
The following is the likely market break-up:
|
Location
|
2011
|
2012
|
|
India
|
80–95
|
100–125
|
|
Delhi
|
40–45
|
45–55
|
|
Bangalore
|
30–35
|
35–45
|
|
Hyderabad
|
10–15
|
20–25
|
Technavio will publish the Global Electron Microscope Market 2011-2015 in March 2012.
Technavio’s related reports:
Global MEMS Technology Market in Healthcare Industry 2010-2014
Micro-Electro-Mechanical Systems (MEMS) Market in Mobile Phones 2008-2012
