The Failure Analysis Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The Failure Analysis market has seen substantial growth recently. The market size is projected to increase from $4.86 billion in 2024 to $5.32 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 9.6%.
The Failure Analysis market is projected to reach a market size of $7.61 billion by the year 2029. The compound annual growth rate (CAGR) during this period is expected to be 9.3%.
Download Your Free Sample of the 2025 Failure Analysis Market Report and Uncover Key Trends Now!The drivers in the failure analysis market are:
• Escalation in the complexity of products
• Tighter regulatory requirements
• Enhanced awareness of quality control
• Growing demand for reliability engineering
The failure analysis market covered in this report is segmented –
1) By Equipment: Scanning Electron Microscope (SEM), Focused Ion Beam (FIB) System, Transmission Electron Microscope (TEM), Dual Beam System
2) By Technology: Secondary ION Mass Spectrometry (SIMS), Energy Dispersive X-ray Spectroscopy (EDX), Chemical Mechanical Planarization (CMP), Other Technologies
3) By End-User Vertical: Automotive, Oil And Gas, Defense, Construction, Manufacturing, Other End-User Verticals
The trends in the failure analysis market are:
• Medical device failure analysis is an emerging trend in the industry.
• The development of industry-specific solutions is becoming a significant trend.
• The trend of collaboration and knowledge sharing is on the rise.
• There is a growing trend of applying failure analysis in additive manufacturing.
The major players in the failure analysis market are:
• Hitachi Ltd.
North America was the largest region in the failure analysis market in 2023