Failure Analysis Equipment Market, By equipment (Scanning electron microscope (SEM), Transmission electron microscope (TEM), Focused Ion Beam system (FIB), and 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), and Chemical mechanical planarization (CMP)), By end-use (Semiconductors manufacturing, Fiber optics, Bio-medical and life sciences, Metallurgy, Nanotechnology and nanomaterial’s, and Polymers), By Region (North America, Latin America, Europe, APAC, RoW) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Failure analysis is the approach taken to determine how and why equipment or a component is not working in the desired manner. Some of the common causes include assembly error, misuse, fastener failure, inadequate maintenance, manufacturing defects, low-quality material, improper heat treatments, unforeseen operating conditions, design errors, insufficient quality assurance, inadequate environmental protection, and casting discontinuities. Failure analysis equipment finds applications in a number of end-use segments namely semiconductors manufacturing, fiber optics, bio-medical and life sciences, polymers, metallurgy and nanotechnology, and nanomaterials.
The Global Failure Analysis Equipment Market was valued at US$ 8,388.9 Mn in 2021.
Market Dynamics
The adoption of failure analysis equipment is expected to increase over the forecast period owing to increase in its demand in the electronics and semiconductor industry. In the recent past, increase in demand of nanoelectronics, quantum dots, miniature transistor chips is driving the failure analysis equipment market growth in the electronics and semiconductor industry. Furthermore, electronics and semiconductor market is rapidly growing. For instance, according to Coherent Market Insights global semiconductor industry is expected to reach 732.4 billion by 2026. Thus rapidly growing semiconductor industry is expected positively impact the growth of global failure analysis equipment market.
Failure analysis equipment offer effective way to increase production efficiency by pin pointing errors in the manufacturing process. However, implementation of this system is expensive and requires high initial investment. System operators need to provide adequate training and knowledge regarding the equipment, which is time and money consuming.
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