How Has the Failure Analysis Equipment Market Evolved Historically and What is its Current Size?
The failure analysis equipment market has seen considerable growth due to a variety of factors.
• The failure analysis equipment market has expanded rapidly in recent years. It will increase from $8.92 billion in 2024 to $9.73 billion in 2025, at a compound annual growth rate (CAGR) of 9.1%.
The growth is attributed to the growing consumer electronics industry, the need for quality control, regulatory requirements, and the demand for cost-effective solutions.
What Does Future Hold for The Failure Analysis Equipment Market By 2029?
The failure analysis equipment market is expected to maintain its strong growth trajectory in upcoming years.
• The failure analysis equipment market is anticipated to grow steadily, reaching $13.56 billion by 2029 with a CAGR of 8.7%.
The growth is driven by the expansion of IoT and connected devices, the rise of AI and machine learning, the demand for high-reliability electronics, and the globalization of manufacturing. Key trends include integration with big data analytics, cross-industry collaboration, environmental sustainability, enhanced user interfaces, and improved security and data protection.
What Are The Primary Growth Drivers In The Failure Analysis Equipment Market?
The growing adoption of IoT devices is expected to boost the growth of the failure analysis equipment market. IoT devices, which are interconnected physical objects with embedded sensors and software, collect and exchange data over the internet. These devices help improve operational efficiency and monitor equipment performance. Failure analysis equipment identifies the causes of system failures, ensuring high-quality standards. The GSMA forecasted that the number of licensed cellular IoT connections would grow from 3.5 billion in 2023 to 5.8 billion in 2030. This increase in IoT adoption is fueling the failure analysis equipment market.
What Is The Segmentation Of The Global Failure Analysis Equipment Market?
The failure analysis equipment market covered in this report is segmented –
1) By Equipment: Scanning Electron Microscope, Transmission Electron Microscope, Focused Ion Beam System, Dual - Beam Systems
2) By Application: Industrial Science, Material Science, Bio Science, Electronics
3) By End-Use: Semiconductors Manufacturing, Fiber Optics, Biomedical And Life Science, Nanotechnology And Nanomaterial, Polymers
Subsegments:
1) By Scanning Electron Microscope: Conventional SEM, Field Emission SEM (FE-SEM), Low Vacuum SEM, Environmental SEM (ESEM)
2) By Transmission Electron Microscope: Conventional TEM, Scanning TEM (STEM), Cryo-TEM, High-Resolution TEM
3) By Focused Ion Beam System: FIB-SEM (Integrated SEM), Standalone FIB Systems, FIB With Milling Capabilities
4) By Dual-Beam Systems: FIB-SEM Dual-Beam Systems, Dual-Beam With Gas Injection Systems, Multifunctional Dual-Beam Systems
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What Trends Are Shaping The Failure Analysis Equipment Market?
In the failure analysis equipment market, companies are developing high-force solutions like real-view high-resolution camera systems to improve the accuracy and efficiency of failure analysis. These advanced camera systems provide features such as color analysis and streamlined interpretation. For instance, in September 2023, Hitachi High-Tech Science Corporation, a Japan-based equipment manufacturer, launched the DMA200, a dynamic mechanical analyzer with an upgraded real-view high-resolution camera system. This system simplifies the interpretation of failure analysis by offering easy visualization of results and eliminating the need for complex coding.
Who Are the Key Players In The Failure Analysis Equipment Market?
Major companies operating in the failure analysis equipment market are:
• Hitachi Ltd.
• Thermo Fisher Scientific Inc.
• Applied Materials Inc.
• KLA Corporation
• CARL Zeiss SMT GmbH
• Eurofins Scientific SE
• Ametek Inc.
• Keysight Technologies
• Advantest Corporation
• Shimadzu Corporation
• Intertek Group PLC
• Teradyne Inc.
• Bruker Corporation.
• HORIBA Ltd.
• Jeol Ltd.
• Leica Microsystems GmbH
• Axcelis Technologies Inc.
• Veeco Instruments
• Oxford Instruments
• Exponent Inc.
• A&D Company Ltd.
• Park Systems Corporation
• Tescan Orsay Holding A.S.
• Semilab
• TESTiLABS
• Motion X Corporation
What Are The Regional Insights Into The Failure Analysis Equipment Market?
North America was the largest region in the failure analysis equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the failure analysis equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
