Scanning Electron Microscope Market to record USD 727.6 Mn growth | Driven by increasing focus on nanotechnology | Technavio
NEW YORK, July 1, 2022 /PRNewswire/ -- The "Scanning Electron Microscope Market by End-user and Geography - Forecast and Analysis 2020-2024" report by Technavio expects the market size to increase by USD 727.6 million between 2019 and 2024, expanding at a CAGR of 7.82% during the forecast period. According to the report, the market growth will be driven by the increasing focus on nanotechnology. Also, significant growth is expected in APAC due to the presence of a large number of semiconductor manufacturing companies in the region.
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The global scanning electron microscope market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Vendors are adopting various organic and inorganic growth strategies to remain competitive in the market. Technavio identifies Advantest Corp., Carl Zeiss AG, Danaher Corp., DELONG INSTRUMENTS AS, Hitachi High-Technologies Corp., JEOL Ltd., Keysight Technologies Inc., Nikon Corp., TESCAN ORSAY HOLDING AS, and Thermo Fisher Scientific Inc. as some of the major market participants.
Although the increasing focus on nanotechnology, growing demand for CD SEMs, and increasing requirements for failure root cause analyses will offer immense growth opportunities, high product cost, growing demand for TEMs, and the limitations of SEMs will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Scanning Electron Microscope Market 2020-2024: Segmentation
The global scanning electron microscope market is segmented as below:
The semiconductors industry is the prime end-user in the market. The increased demand for the miniaturization of electronic devices from manufacturers of various semiconductor and electronic components is driving the growth of the segment. The market growth in the segment will be significant over the forecast period.
About 55% of the market growth is expected to originate from APAC during the forecast period. Many global OEMs are establishing their manufacturing facilities in APAC owing to cost advantages. In addition, the rising investments in infrastructure development by the governments of countries such as China, India, and the Philippines are creating several growth opportunities for vendors operating in the region.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our scanning electron microscope market report covers the following areas:
Scanning Electron Microscope Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the scanning electron microscope market. Backed with competitive intelligence and benchmarking, our research report on the scanning electron microscope market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Scanning Electron Microscope Market 2020-2024: Key Highlights
Table Of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
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