Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Market Overview

Failure analysis is the process of gathering and analyzing data, in order to determine the cause of failure with the objective of determining corrective actions or liability. It is crucial to understand the root cause of failure so as to prevent similar incidents in the future. Some of the common causes include assembly error, misuse or abuse, 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 various segments such as fiber optics, semiconductor manufacturing, metallurgy, polymers, life sciences, bio-medical, and nanotechnology.

The global failure analysis equipment market is estimated to account for US$ 13.52 Bn in terms of value by the end of 2027.

Market Dynamics- Drivers

  1. High growth of nanotechnology is expected to drive growth of the global failure analysis equipment market during the forecast period

Nanotechnology is an emerging technology in the market with diverse applications. It has been commercialized in various industries, owing to constant support provided by both public and private sectors across the globe. As a matter of fact, it has a massive potential to greatly enhance existing products and allows significant future opportunities. Furthermore, North America, Germany, France and the UK among others have also funded heavily in nanotechnology, which shows the importance a`nd rapid growth of the technology across the globe. Nanotechnology is an emerging field of research and has been growing during the last decade. Therefore, these factors are expected to drive growth of the global failure analysis equipment market during the forecast period.

  1. Rising investment in research and education infrastructure is expected to propel the global failure analysis equipment market growth over the forecast period

For strong and robust research environment, state-of-the-art research and education infrastructure is required. It may include major research services or equipment and specialized support staff. These constitute direct components of research and scholarly efforts that support an institution’s mission of research and are the keys to the sustainable economic development of the institute and thereby the nation. It will also enable researchers to stay competitive on both a national and international level for a given institution. A major investment in higher education and research and development will help to produce more number of highly skilled, innovative, expert, and ethical personnel. Furthermore, research-oriented educational programs Research-oriented educational programs take place both at the undergraduate and postgraduate levels. Blueprints and plans, ideas and concepts, policies and laws, investments in technology, and physical infrastructure, cannot result in successful implementation of all these programs and yield significant and sustained progress. There is a need for competent individuals with specialized skills and deep knowledge that can provide effective and novel solutions to the programs. Thus, such factors are expected to propel the market growth in the near future.

Statistics:

APAC held dominant position in the global failure analysis equipment market in 2019, accounting for 54.8% share in terms of value, followed by North America, Europe, and RoW respectively.

Figure 1: Global Failure Analysis Equipment Market Share (%), in terms of Value, By Region, 2019

Failure Analysis Equipment  | Coherent Market Insights

Market Dynamics- Restraints

  1. Low adoption rate due to high cost of equipment is expected to hamper the global failure analysis equipment market growth over the forecast period

Equipment required for failure analysis such as transmission electron microscope (TEM), scanning electron microscope (SEM), and focused ion beam systems are significantly expensive. Each of these equipment costs over US$ 4 billion, which is naturally hindering their adoption. On the contrary, optical microscopes cost are less expensive than electron microscope although the latter offers superior features and applications. End users in Asia Pacific have tight budget for such equipment, which in turn, is expected to hamper the global failure analysis equipment market growth over the forecast period.

  1. Lack of skilled personnel is expected to restrain growth of the global failure analysis equipment market during the forecast period

Operating and managing failure analysis equipment requires skilled personnel. These individuals are required to possess adequate training and knowledge regarding the equipment. Although such skilled professionals are available in developed countries, there is a dearth of such personnel in emerging regions such as Latin America, Middle East, Asia Pacific, and Africa. Hence, these factors are expected to restrain growth of the global failure analysis equipment market during the forecast period.

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Failure Analysis Equipment Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 7.33 Bn
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 8.9% 2027 Value Projection: US$ 13.53 Bn
Geographies covered:
  • North America: U.S., Canada
  • Latin America: Brazil, Argentina, Mexico, Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, Rest of Asia Pacific
  • RoW: GCC Countries, Israel, South Africa, North Africa, Central Africa Rest of Middle East and Africa
Segments covered:
  • 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 end-use: Semiconductors manufacturing, Fiber optics, Bio-medical and life sciences, Metallurgy, Nanotechnology and nanomaterials, Polymers.
Companies covered:

Tokai Rika Co. Ltd., Autoliv Inc., Hyundai Mobis Co. Ltd., ZF TRW Automotive Holdings Corp., Toyoda Gosei Co. Ltd., Takata Corporation, Key Safety Systems Inc., Robert Bosch GMBH, Denso Corporation, and Continental AG.

Growth Drivers:
  • High growth of nanotechnology
  • Rising investment in research and education infrastructure
Restraints & Challenges:
  • Low adoption rate due to high cost of equipment
  • Lack of skilled personnel

Market Opportunities

  1. Emergence of innovative technologies such as super-resolution microscopy can present lucrative growth opportunities

Correlative light and electron microscopy (CLEM) combines two microscopy platforms namely electron microscopy and light microscopy. Light microscopy provides 3D quantitative and analytical data with focus on analysis of live cells. However, only electron microscopy achieves the highest definition in terms of ultrastructure and protein labeling. Furthermore, EM provides higher resolution images but only over specific regions of a non-living cell. LM is capable of providing wide field images of both living as well as non-living cells, however with limited. Thus, CLEM allows scientists to spot and zoom cellular structures in whole cell. Moreover, CLEM techniques provide additional tools for quantitative 3D analysis by adding the third dimension to EM with electron tomography combined with rapid freezing.

  1. Rising demand from emerging economies can provide major business opportunities

Many industries in emerging economies are increasingly adopting failure analysis equipment. This is owing to rising awareness regarding the economic benefits of this system. Industries such as super-conductor and life sciences are adopting this equipment, in order to prevent future failure in their operations. Key companies in the market can capitalize on these opportunities by providing novel products and gain a competitive edge in the market.

Figure 2: Global Failure Analysis Equipment Market Value (US$ Bn), 2017 - 2027

Failure Analysis Equipment  | Coherent Market Insights

The global failure analysis equipment market was valued at US$ 7.33 Bn in 2019 and is forecast to reach a value of US$ 13.53 Bn by 2027 at a CAGR of 8.9% between 2020 and 2027.

Market Trends

  1. Research and development activities among market players

Key companies in the market are focused on research and development activities, in order to innovate new products and gain a competitive edge in the market. For instance, in November 2013, Carl Zeiss Microscopy business group introduced PALM in 3D, thus further expanding its 3D microscopy portfolio. Furthermore, in October 2013, FEI Company launched the Tecnai Femto Ultrafast Electron Microscope (UEM), which would enable scientists to explore ultrafast events and processes that occur at the atomic and molecular spatial scale over time spans measured in femtoseconds.

  1. Inorganic strategies by major market players is another key trend

Key companies in the market are focused on inorganic strategies such as joint venture, in order to enhance the market position. For instance, in October 2013, JEOL Ltd. formed a joint venture with Gatan to help JEOL Ltd. add to its SEM product portfolio.

Value Chain Analysis

The value chain for failure analysis equipment covers all the stages of setting up these systems and its end-use applications. Failure analysis equipment comprise primary raw materials such as aluminum, iron, steel, oil, silica, lenses, stands, eyepieces and the overall mounting hardware. All these sub-products are manufactured from procured raw materials such as steel, iron, oil, silica and aluminum. The EPA (Environmental Protection Agency) continuously supervises the basic raw materials utilized in failure analysis equipment production. All the procured sub-products are assembled to form a complete entity. The products are designed and optimized according to requirement. High degree of vertical integration exists between product assemblers and final complete equipment manufacturers. For instance FEI Company, and Carl Zeiss SMT GmbH remanufacture and sell sub components of failure analysis equipment for both replacement as well as new markets.

Global Failure Analysis Equipment Market - Impact of Coronavirus (Covid-19) Pandemic

Due to Covid-19 pandemic, many industries witnessed significant shift in their business. There is significant impact on failure analysis equipment market, as Chinese electronics industry rapidly closing their business to reduce the spread of COVID-19 pandemic. Further, this trend continued in Europe and North America region, where factories where temporary closed due COVID-19 spread. In pre-crisis time, electronics industry witnessed steady growth for instance, According to the Coherent Market Insights analysis, in 2019, China registered 6.3% growth in the electronics components sells, however sales sharply dropped in span of COVID 19 pandemic period.  

Competitive Section

Key companies operating in the global failure analysis equipment market are Carl Zeiss SMT GmbH, JEOL, Ltd., FEI Company, Veeco Instruments, Hitachi High-Technologies Europe GmbH, TESCAN OSRAY HOLDING, A&D Company, Ltd., Oxford Instruments, Bruker, and Eurofins Scientific.

Failure analysis is the approach taken to determine how and why equipment or a component is not working in a 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.

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.

Market Taxonomy

This report segments the global failure analysis equipment market on the basis of equipment, technology, end use, and region. On the basis of equipment, the global failure analysis equipment market is segmented into Scanning electron microscope (SEM), Transmission electron microscope (TEM), Focused Ion Beam system (FIB), and Dual - Beam (FIB/SEM) systems. On the basis of technology, the global failure analysis equipment market is segmented into 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). On the basis of end use, the global failure analysis equipment market is segmented into Semiconductors manufacturing, fiber optics, bio-medical and life sciences, metallurgy, nanotechnology and nanomaterials, and Polymers. On the basis of region, the global failure analysis equipment market is segmented into North America, Latin America, Europe, Asia Pacific, and Rest of the World.

Key features of the study:

  • This report provides an in-depth analysis of the global failure analysis equipment market and provides market size (US$ billion) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global failure analysis equipment market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered in the global failure analysis equipment market are Carl Zeiss SMT GmbH, JEOL, Ltd., FEI Company, Veeco Instruments, Hitachi High-Technologies Europe GmbH, TESCAN OSRAY HOLDING, A&D Company, Ltd., Oxford Instruments, Bruker, and Eurofins Scientific.
  • The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global failure analysis equipment market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global failure analysis equipment market.

Detailed Segmentation:

  • Global Failure Analysis Equipment Market, By Equipment
    • Scanning electron microscope (SEM)
    • Transmission electron microscope (TEM)
    • Focused Ion Beam system (FIB)
    • Dual - Beam (FIB/SEM) systems
  • Global Failure Analysis Equipment Market, 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)
  • Global Failure Analysis Equipment Market, By End-use
    • Semiconductors manufacturing
    • Fiber optics
    • Bio-medical and life sciences
    • Metallurgy
    • Nanotechnology and nanomaterials
    • Polymers
  • Global Failure Analysis Equipment Market, By Region:
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • RoW
  • Company Profiles
    • Carl Zeiss SMT GmbH.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • JEOL, Ltd.
    • FEI Company
    • Veeco Instruments
    • Hitachi High-Technologies Europe GmbH
    • TESCAN OSRAY HOLDING
    • A&D Company, Ltd.
    • Oxford Instruments
    • Bruker
    • Eurofins Scientific.

*Browse all the market data tables and figures on “Global Failure Analysis Equipment Market- Forecast to 2027”

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Equipment
      • Market Snippet, By Technology
      • Market Snippet, By End-use
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
  4. Impact of COVID-19 Pandemic on Global Failure Analysis Equipment Market
    • Short Term and Long Term Impact, by Region
      • North America
      • Europe
      • Asia Pacific
      • Latin America
      • RoW
  5. Global Failure Analysis Equipment Market, By Equipment, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Segment Trends
    • Scanning electron microscope (SEM)
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Transmission electron microscope (TEM)
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Focused Ion Beam system (FIB)
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Dual - Beam (FIB/SEM) systems
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
  6. Global Failure Analysis Equipment Market, By Technology, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Segment Trends
    • Focused Ion Beam (FIB)
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Broad Ion Milling (BIM)
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Secondary Ion Mass Spectroscopy (SIMS)
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Energy Dispersive X-Ray Spectroscopy (EDX)
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Reactive Ion Etching (RIE)
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Chemical Mechanical Planarization (CMP)
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
  7. Global Failure Analysis Equipment Market, By End-use, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Segment Trends
    • Semiconductors Manufacturing
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Fiber Optics
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Bio-Medical And Life Sciences
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Metallurgy
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Nanotechnology and Nanomaterials
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Polymers
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
  8. Global Failure Analysis Equipment Market, By Region, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2019 and 2027 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Equipment, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Technology, 2020–2027 (US$ Million)
      • Market Size and Forecast, By End-use, 2020–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Equipment, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Technology, 2020–2027 (US$ Million)
      • Market Size and Forecast, By End-use, 2020–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Equipment, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Technology, 2020–2027 (US$ Million)
      • Market Size and Forecast, By End-use, 2020–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Equipment, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Technology, 2020–2027 (US$ Million)
      • Market Size and Forecast, By End-use, 2020–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Regional Trends
      • Market Size and Forecast, By Equipment, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Technology, 2020–2027 (US$ Million)
      • Market Size and Forecast, By End-use, 2020–2027 (US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • GCC Countries
        • South Africa
        • Rest of the Middle East and Africa
  9. Competitive Landscape
    • Company Profiles
      • Carl Zeiss SMT GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • JEOL, Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • FEI Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Veeco Instruments
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hitachi High-Technologies Europe GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • TESCAN OSRAY HOLDING
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • A&D Company, Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Oxford Instruments
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Bruker
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Eurofins Scientific.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse XX market data tables and XX figures on “Global Failure Analysis Equipment Market-forecast to 2027”.

Frequently Asked Questions

The global failure analysis equipment market size was valued at US$ 7.33 billion in 2019 and is estimated to exhibit a CAGR of 8.9% between 2020 and 2027.
Semiconductors manufacturing, segment held the major market share in 2019 owing to high growth of nanotechnology.
Major factor driving the growth of global failure analysis equipment market during the forecast period are high growth of nanotechnology and rising investment in research and education infrastructure.
Major factor hampering the growth of the failure analysis equipment market during the forecast period is low adoption rate due to high cost of equipment.
APAC failure analysis equipment market is expected to generate the highest revenue during the forecast period.
Some of the key players operating in the market are Carl Zeiss SMT GmbH, JEOL, Ltd., FEI Company, Veeco Instruments, Hitachi High-Technologies Europe GmbH, TESCAN OSRAY HOLDING, A&D Company, Ltd., Oxford Instruments, Bruker, and Eurofins Scientific
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