Failure Analysis Market – 2019 Global Size, Share, Business Growth, Comprehensive Research Study, Emerging Trends, Competitive Landscape and Regional Forecast 2023

Market Research Future published a research report on “Failure Analysis Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Pune, India - September 11, 2019 /MarketersMedia/ —

Market Scope

The growing need for improving the quality of products and services is increasing the rate of adoption of failure analysis solution among different industry verticals. This is a major factor that can drive the growth of the global failure analysis market, states Market Research Future (MRFR). MRFR reveals that the global failure analysis market is anticipated to expand at a CAGR of 8% over the evaluation period (2016 – 2023). MRFR mentions that the global Failure Analysis Market is poised to attain a valuation of USD 8.57 billion by 2023.

Market Insights

Proper functioning of equipment requires rigorous maintenance, to receive long-term benefit. This is a factor that is likely to boost the growth of the global failure analysis market. The increasing adoption of failure analysis solutions is expected to propel it’s market growth. The semi-conductor industry is one of the high end-user of failure analysis solution and services. A plethora of applications of semiconductors is anticipated to impel the global failure analysis market growth. Hand-held electronics are sensitive and requires rigorous testing for proper functioning. The growing demand for hand held electronics is promote the growth of the global failure analysis market. Moreover, the growing awareness about failure analysis solutions is expected to work in favor of its market.

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Industry News

August 2019: Thermo Fisher Scientific, an American biotech company, introduced solution for optical fault diagnosis of semiconductor devices.

Segmental Overview

The failure analysis market has been segmented on the basis of equipment, technology, testing, and application.

• Based on the equipment, the global failure analysis market has been segmented on the basis of Focused Ion Beam (FIB), Transmission Electron Microscopy (TEM), Scanning electron microscope (SEM), and Dual Beam FIB, and others.
• Based on the technology, the global failure analysis market has been segmented into BIM, SIMS, CMP, EDX, FIB, and RIE.
• Based on the testing, the global failure analysis market has been segmented into Non-destructive Testing (NDT), Physical Testing, and Material Testing.
• Based on the application, the global failure analysis market has been segmented into Bio Science, Material Science, Electronics, and Industrial.

Key Players:

Some of the prominent players in the global failure analysis market are Carl Zeiss SMT GmbH (Germany), FEI Company (U.S.), JEOL Ltd. (Japan), Hitachi High- Technologies (Japan), Tescan (U.S.), EAG Inc. (Luxembourg), Intertek Group plc (United Kingdom), Raytheon Company (U.S.) among others.

Regional Outlook

By region, the failure analysis market has been studied across North America, Europe, Asia Pacific, and the Rest-of-the-World (RoW).

North America is expected to secure the highest share of the global failure analysis market. North America has frim industrial infrastructure. However, the growing need for an enhanced technical base, the adoption of failure analayis solutions is increasing among end-users. Additionally, the increasing number of end-users, along with the aforementioned factor is expected to intensify the North American failure analysis market growth. To illustrate, the dominant automobile industry in North America is adopting failure analysis solutions for manufacturing effective automobiles. The oil and gas industry is also one of the high end-users of failure analysis solution. The US is expected to contribute significantly to the growth of the regional failure analysis market, due to the presence of eminent companies operating in the oil and gas industry.

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Intended Audience

• Technology Investors
• Research/Consultancy Firms
• System Integrators
• Original Equipment Manufacturers
• Oil & Gas Industries

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Abhishek Sawant
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Organization: Market Research Future

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Source: MarketersMedia

Release ID: 88917831

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