Global SPM market expected to surpass US $1,000 million by 2019, says Technavio

Renewable energy

 

SPM: Key market research findings

  • Growing inclination towards AFM
  • Rise in nanotechnology applications

Technavio has added a new market research report on the global SPM market, which is expected to grow at a CAGR of around 10% between 2015 and 2019. Rise in digitization and live-cell imaging are major factors propelling the demand for scanning probe microscopy (SPM). The Americas dominates the global market for SPM, thanks to the availability of advanced research labs, and technical and financial resources with research councils to support the region’s research industry.

The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.

“Increased usage of atomic force microscopy (AFM) is one of the latest trends that this market is witnessing, owing to augmented demand for detailed research in the fields of biology, medicines, and life sciences.  The AFM devices have led to improved performance along with the expansion of the application areas like peak force tapping and nanomechanical mapping. High-speed imaging AFM microscopes, optically guided spectroscopy, and mapping of individual microbial cell wall structures at a nanomechanical level are some of the recent advancements of AFM,” says Imran Mushtaq, Lead Analyst, New Coverage, Technavio Research.

The demand for SPM for imaging, studying, and manipulating things on the nano scale has increased. SPM techniques have created opportunities in material nanofabrication and characterization. Various technological advancements such as nanolithography are also boosting the demand for SPM.

The leading vendors in the global SPM market are Asylum Research, Hitachi High Tech Instruments, Keysight Technologies, ND-MDT and Park Systems. This market is dominated by vendors who compete with each other on the basis of quality and specifications of their products, such as the resolution power, level of digital features, and precision.  Factors such as the augmented focus on continuous product development are expected to result in high competition among the vendors.

A more detailed analysis is available in the Technavio report, Global SPM Market – Industry Analysis 2015-2019.

We can customize reports by other regions and specific segments upon request.

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