USD 1.3 Billion
Report ID:
SQMIG45A2279 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|Tables:
67
|Figures:
72
Global Failure Analysis Equipment Market size was valued at USD 1.3 Billion in 2022 and is poised to grow from USD 3.08 Billion in 2023 to USD 4.38 Billion by 2031, growing at a CAGR of 4.5% in the forecast period (2024-2031).
Increasing usage and demand for failure analysis tools for quality monitoring are some of the major factors driving the growth prospects of the global failure analysis equipment market. Increased awareness among people about the quality of products and solutions offered to them enables organizations to implement failure detection tools in their manufacturing facilities. Additionally, technological advances enable organizations to further reduce production costs by analyzing the characteristics of products long before the final product is manufactured.
All these factors enable the adoption of more end-user failure analysis tools, thus promoting the growth of the global failure analysis equipment market across the globe. The demand for high-quality equipment and systems is a major driver of the global market. Modern products and systems have become increasingly complex, making information difficult to find and discover. This has led to the development of new failure analysis tools. Automation is increasingly being used, which is also a new market trend. As manufacturers have automated their manufacturing processes, efficiency and cost have improved, but sophisticated failure analysis tools are also needed to production problems have been identified. Continuous technological advancements, increasing customer demand for superior products and systems, automation of manufacturing processes is expected to propel the global failure analysis equipment market in the future.
Global Market Size
USD 1.3 Billion
Largest Segment
Scanning Electron Microscope
Fastest Growth
Focused Ion Beam System
Growth Rate
4.5% CAGR
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Based on equipment type, the market is segmented into Scanning Electron Microscope (SEM), Transmission Electron Microscope (TEM), Focused Ion Beam System (FIB), Dual-beam Systems. Based on technology the market is segmented into Broad Ion Milling (BIM) Technology, Secondary, Ion Mass Spectroscopy (SIMS) Technology, Energy Dispersive X-ray Spectroscopy (EDX) Technology, Reactive Ion Etching (RIE) Technology, Chemical Mechanical Planarization (CMP) Technology. By region, the study provides market insights into APAC, North America, Europe, South America, and the Middle East and Africa.
Analysis by Equipment
Scanning electron microscope (SEM) technology plays an important role in the global failure analysis equipment market, especially in industries such as semiconductor manufacturing, materials science and nanotechnology. This is necessary to identify defects, impurities, and irregularities in scientifically assessable materials and devices. An energy-dispersive X-ray spectroscopy (EDS) detector can be incorporated into the SEM, allowing elemental analysis of the sample. This is important to identify the chemical composition of materials and identify the source of the failure, such as contamination or adsorption.
The focused ion beam (FIB) market is expected to grow at the highest CAGR during the forecast period. FIBS is mainly used for semiconductor fabrication. The development of commercially focused FIBS has led to its widespread use in the physical sciences. In addition to circuit editing and transmission electron microscopy (TEM) sample fabrication, FIBs can now be used for microstructural analysis and nanomachining prototyping. The rapid growth of this sector can be attributed to increasing adoption of FIB systems in physics and nature in biological sciences.
Analysis by Technology
Energy dispersive X-ray spectroscopy (EDX or EDS) is an analytical capability that can be combined with many applications including scanning electron microscopy (SEM), transmission electron microscopy (TEM), and scanning transmission electron microscopy (STEM) a with these imaging tools combined with EDX, elemental analyzes can be performed on small nanometer-sized areas. In many technical fields, EDX has great potential, especially in pollution analysis and engineering and forensic science research.
SIMS is a sensitive surface analysis technique for trace elements and isotopes. It can detect and quantify substances present at very low concentrations, making them suitable for screening applications in high-tech industries. SIMS can perform depth profiling, which reveals the distribution of objects in the object as a function of depth. It is important to understand the composition of the materials inside and on the surface, which helps to identify defects or abnormalities that can lead to failure SIMS excels in isotopic analysis, which is important in applications where isotopic materials are important. This is especially important in semiconductor manufacturing, where isotope variations can affect device performance.
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North America dominated the global market. Manufacturers of failure detection devices in the North America region include Thermo Fisher Scientific Inc.; (U.S.), Motion X Corporation (U.S.), FEI Company (U.S.), and EAG Inc. (U.S.). (U.S.) adopting FIB technology for their analysis. Increase in the number of laboratories and the presence of key players involved in the development, distribution and use of FIB systems is driving the global failure analysis equipment market. It is expected that the U.S. will contribute significant share to the market in North America during the forecast period owing to technological advancements in semiconductor raw materials analysis methods and willingness of semiconductor component manufacturers to innovate their products and adopt new technologies because of the atom.
Mass production of smartphones, tablets, sensors, industrial equipment, wearables, white goods and other electronic products in China and Taiwan is expected to accelerate the growth of the Asia Pacific global failure analysis equipment market. Japan is the largest market a microscopy in Asia Pacific. Major market players such as Nikon, JOL Limited, Olympus and Hitachi Hi-Technologies are headquartered in Japan. They have a strong presence in the country, including several major research institutes and pharmaceutical and biotechnology companies. China’s manufacturing sector is using industrial robots to automate and modernize various processes. This trend requires monitoring of equipment failures, thus providing new growth opportunities for the global failure analysis equipment market in the country.
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Drivers
Rise in the Emergence of New Technologies
Growing Demand from Emerging Economies may Create Greater Business Opportunities
Restraints
Increased Cost of Ownership and Maintenance
Lack of Skilled Labour
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The competitive environment of the Global Failure Analysis Equipment Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Leading failure detection equipment manufacturers include Veeco Instruments, Carl Zeiss SMT GmbH, Bruker Corporation, Oxford Instruments, JEOL Limited, Eurofins Sciences, Thermo Fisher Sciences, A&D Co., Ltd., Hitachi Hi-Technologies Europe GmbH and Tescon Orsay Holding. These players are constantly introducing new tools to meet the needs of the end users. This is followed by strategies such as mergers, acquisitions and plant expansions.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The global failure analysis equipment market is witnessing tremendous growth, driven by several major factors. Failure analysis tools play an important role in identifying the root causes of product failures and improving manufacturing reliability for industries as diverse as semiconductor, automotive, aerospace, electronics, and healthcare. Moreover, stringent quality standards and regulatory requirements imposed by regulatory bodies in the market are driving the adoption of failure detection tools. Companies are under pressure to ensure compliance with quality standards and regulations to build customer confidence, avoid costly recalls and reduce legal liabilities. Failure analysis tools help companies identify them and fix potential problems early in the manufacturing process, reducing production failures and associated economic losses.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 1.3 Billion |
Market size value in 2031 | USD 4.38 Billion |
Growth Rate | 4.5% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Failure Analysis Equipment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Failure Analysis Equipment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Failure Analysis Equipment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Report ID: SQMIG45A2279
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