Electron Microscope: Key market research findings
- Increased adoption in automobile sector
- Miniaturization of electronic devices
Technavio has added released a new market research report on the global electron microscope market, which is expected to grow at a CAGR of around 7% between 2016 and 2020. Electron microscopes have emerged to be an important part of research and product development, helping end-users prevent product failures. The growing demand for high precision, accuracy, and resolution in microscopes is boosting the sales of electron microscope. Moreover, the increasing demand for field emission gun (FEG) SEM is one of the key factors driving the growth of this market during the forecast period. APAC is the largest revenue-contributing region in the global electron microscope market, accounting for 45% of the total market share. The opportunities in this region are increasing due to a rapid rise in research and development activities, and growing investments in nanotechnology.
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.
“The market is witnessing increasing adoption electron microscopes in the production process in the automobile sector. The automobile sector is increasingly using electron microscopes for an in-depth analysis of the materials employed in the production process. For instance, automobile manufacturers are highly concerned about the quality of the sheet metal used in the construction of vehicles. The main purpose of using electron microscopes in this industry is to analyze the quality of steel in terms of strength and fracture resistance,” says Sunil Kumar Singh, Lead Analyst, Hardware & Semiconductor, Technavio Research
Vendors in the market are focusing on manufacturing miniaturized personal electronic products using microelectromechanical systems (MEMSs) and nanoelectromechanical systems (NEMSs) that consume less power. In line with the emergence of miniaturized personal electronic products, semiconductor foundries are looking to integrate different features, reduce the size of semiconductor wafers, and lower IC power consumption. In the semiconductor industry, companies have developed silicon wafers that are as low as six nanometers in size. Moreover, some companies are using NEMS technology to manufacture paper batteries, which are gaining popularity in industries such as electronics, aerospace, automobile, and healthcare. With the increasingly complex nature of semiconductor industry, material properties must be studied effectively, especially for failure analysis. This trend is likely to influence the global electron microscope market positively.
The key players in the global electron microscope market are Carl Zeiss, JEOL, FEI, and Hitachi High-Technologies. This market is highly competitive with the presence of a few leading suppliers. The competition among the vendors is based on quality and specifications of the microscope like magnification power, features, associated software, pricing, and product performance. The vendors are striving to develop electron microscopes that balance quality and cost so they can penetrate emerging markets.
A more detailed analysis is available in the Technavio report, Global Electron Microscope Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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