The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The failure analysis equipment market size has grown strongly in recent years. It will grow from $8.21 billion in 2023 to $8.92 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to expansion of consumer electronics, quality control requirements, regulatory compliance, and demand for cost-effective solutions. The failure analysis equipment market size is expected to see strong growth in the next few years. It will grow to $12.5 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to expansion of IoT and connected devices, emergence of AI and machine learning, demand for high-reliability electronics, and globalization of manufacturing. Major trends in the forecast period include integration with big data analytics, cross-industry collaboration, environmental sustainability, enhanced user interface and software, and security and data protection.

The growing adoption of IoT devices is expected to propel the growth of the failure analysis equipment market going forward. IoT devices are interconnected physical devices embedded with sensors, software, and other technologies, allowing them to collect and exchange data over the internet. IoT devices streamline workflows, automate repetitive tasks, and monitor equipment performance, leading to increased efficiency and productivity. Failure analysis equipment helps identify the underlying reasons for system failures, malfunctions, or breakdowns in automated processes to ensure that components and assemblies meet quality standards. For instance, in February 2024, according to a report published by The GSMA, a UK-based trade body that represents the interests of mobile network operators worldwide, licensed cellular IoT connections are expected to increase from 3.5 billion in 2023 to 5.8 billion IoT connections in 2030 with an 8% CAGR. Therefore, the growing adoption of IoT devices is driving the growth of the failure analysis equipment market.

Get A Free Sample On The Failure Analysis Equipment Market Report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=15369&type=smp

What Are The Key Trends That Influence Failure Analysis Equipment Share Analysis?

Companies in the failure analysis equipment market are developing high-force solutions like real-view high-resolution camera systems to enhance accuracy and efficiency in failure analysis. These systems include advanced features such as color analysis and streamlined interpretation. For example, in September 2023, Hitachi High-Tech Science Corporation, a Japanese equipment manufacturer, launched the DMA200, a dynamic mechanical analyzer with an upgraded Real View high-resolution camera system. The DMA200’s thermal analysis capabilities are particularly useful for industries needing detailed material evaluations. Its enhanced camera system simplifies interpretation with color analysis and result videos, making it ideal for failure analysis and abnormal result investigation, facilitating easy visualization without extensive coding.

Which Market Players Are Driving Growth 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

How Is The Global Failure Analysis Equipment Market 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

Read The Full Failure Analysis Equipment Market Report Here

https://www.thebusinessresearchcompany.com/report/failure-analysis-equipment-global-market-report

The Failure Analysis Equipment Global Market Report 2024 provides an overview of the failure analysis equipmentmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The failure analysis equipment market forecast analyzes failure analysis equipment market size, failure analysis equipment market share, leading competitor and their market positions.

The Table Of Content For The Failure Analysis Equipment Market Include

1. Failure Analysis Equipment Market Executive Summary
2. Failure Analysis Equipment Market Segments
3. Failure Analysis Equipment Market Size And Template Market Growth Rate
4.  Key Failure Analysis Equipment Market Trends
5. Major Failure Analysis Equipment Market Drivers
……
25. Key Mergers And Acquisitions In The Failure Analysis Equipment Market
26. Top Failure Analysis Equipment Companies
27. Failure Analysis Equipment Market Opportunities And Strategies
28. Failure Analysis Equipment Market, Conclusions And Recommendations
29. Appendix

Explore Similar Reports From The Business Research Company:

Nutritional Analysis Market Report 2024 – In-Depth Analysis, Growth Factors [Latest]

https://www.thebusinessresearchcompany.com/report/nutritional-analysis-global-market-report

Single-cell Analysis Market Growth, Industry Trends And Forecast To 2033

https://www.thebusinessresearchcompany.com/report/single-cell-analysis-global-market-report

Electrical Equipment Market Key Drivers, Segments, Report By 2033

https://www.thebusinessresearchcompany.com/report/electrical-equipment-global-market-report

Learn More About The Business Research Company

The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at info@tbrc.info

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: