The failure analysis equipment market is expected to be valued at US$ 9.4 billion in 2022. From 2022 through 2032, global sales of failure analysis equipment will grow at a 7.9% CAGR. By the end of 2032, the global market will be worth more than US$ 20.2 billion.
Manufacturing of semiconductors will continue to dominate the market for failure analysis equipment on a global scale. This is due to the semiconductor industry’s growing reliance on tools for failure analysis. The target category is predicted to expand at a 7.7% annual pace between 2022 and 2032.
The market will expand as failure analysis tools are employed in more industries. The need for failure analysis tools will grow even more when new laws and regulations are adopted.
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Industry sectors include semiconductors, medical devices, and oil & gas use equipment for failure analysis. They are now essential instruments for raising product quality and reducing failure rates. With the use of this technology, users can discover more about the underlying causes of product failures.
As manufacturing defect reduction gains in importance, failure analysis equipment sales will rise. Additionally, broadening this equipment’s applications for preventative maintenance will encourage growth.
Equipment like XRF is used in the oil and gas industry to do chemical analysis. Hardness tests and spectrometers are commonly employed in metalworking. Similar devices, including VFL fiber testers and fiber visual defect locators, are used in fiber optics.
Devices for failure analysis are also used in the medical field. They allow manufacturers to make dependable, high-quality medical devices. The market for medical devices will grow, which will lead to a rise in sales of failure analysis tools.
Using instruments like SEMs, problems with nanotech devices are discovered. Application diversification across so many sectors will consequently promote market growth.
Key Takeaways from Failure Analysis Equipment Market Report:
- Global failure analysis equipment sales are set to exhibit a CAGR of 7.9% through 2032.
- By technology, the secondary ion mass spectroscopy segment will expand at 7.8% CAGR.
- Demand for failure analysis equipment in semiconductor manufacturing will rise at 7.7% CAGR.
- The United States failure analysis equipment is set to expand at 6.8% CAGR through 2032.
- Sales of failure analysis equipment in China are likely to surge at 8.9% CAGR through 2032.
- Japan’s failure analysis equipment will reach US$ 1.4 billion by the end of 2032.
- Failure analysis equipment demand in Korea is forecast to increase at 8.4% CAGR.
Who is Winning?
Eurofins Scientific, JEOL, Ltd., Veeco Instruments, Thermo Fisher Scientific, Carl Zeiss SMT GmbH, Bruker, Hitachi High-Technologies Europe GmbH, Tescan Orsay Holding, Oxford Instruments, and A&D Company, Ltd are leading failure analysis equipment manufacturers.
These players are focusing on expanding their product offerings by launching new failure analysis solutions. They are also using a merger & acquisitions strategy to expand their footprint.
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More Insights Available:
Future Market Insights, in its new offering, presents an unbiased analysis of the Failure analysis equipment market, presenting historical market data (2017 to 2021) and forecast statistics for the period of 2022 to 2032.
The study reveals extensive growth in the failure analysis equipment market based on equipment (scanning electron microscope SEM, transmission electron microscope TEM, focused ion beam system, and dual beam (FIB/SEM) systems), technology (focused ion beam, broad ion milling, secondary ion mass spectroscopy, energy dispersive X-ray spectroscopy, reactive ion etching, and chemical mechanical planarization CMP), and end use (semiconductor manufacturing, fiber optics, bio-medical and life sciences, metallurgy, nanotechnology and nano-materials, and polymers) across several regions.
Global Failure Analysis Equipment Market Segmentation
By Equipment:
- Scanning Electron microscope (SEM)
- Transmission Electron Microscope – TEM
- Focused Ion Beam System – FIB
- Dual–Beam (FIB/SEM) Systems
By Technology:
- Focused Ion Beam – FIB
- Broad Ion Milling – BIM
- Secondary Ion Mass Spectroscopy – SIMS
- Energy Dispersive X-Ray Spectroscopy – EDX
- Reactive Ion Etching – RIE
- Chemical Mechanical Planarization – CMP
By Application:
- Semiconductors Manufacturing
- Fiber Optics
- Bio-Medical and Life Sciences
- Metallurgy
- Nanotechnology and Nano-materials
- Polymers
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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