Failure Analysis Test Equipment Market Size to Grow by USD 2.01 Billion Increasing Importance of Failure Analysis in Industries and Research Institutions to Drive Market Growth

NEW YORK, August 17, 2022 /PRNewswire/ — The “Failure Analysis Test Equipment Market by Product (Focused Ion Beam, Dual Beam System and Electron Microscope) and Geography (North AmericaAPAC, europe, Middle East i Africai South America) – The “Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. The potential growth difference for Failure Analysis Test Equipment market size from 2021 to 2026 is 2.01 billion dollars. For exact annual growth variation and year-over-year growth rate, request a FREE PDF sample report

Technavio has announced the latest market research report titled Failure Analysis Test Equipment Market by Product and Geography: Forecast and Analysis 2022-2026, which has partnered with Fortune 500 companies for over 16 years.

Key market dynamics:

  • Market controller: The growing importance of failure analysis in industries and research institutions is driving the market growth. A failed product is subjected to microscopic examination to find out the cause of the failure. The use of failure analysis techniques helps in the preparation of a standard operating procedure to prevent failures. Therefore, failure analysis test equipment is increasingly important in industrial and research applications. This will drive the growth of the failure analysis test equipment market during the forecast period.

  • Market Challenge: The large number of resellers and few sellers offering refurbished equipment is challenging the growth of the failure analysis test equipment market. A number of distributors and retailers purchase used failure analysis test equipment and refurbish it for resale to potential customers. Since the equipment costs much less than the new equipment. Therefore, some end users prefer to buy refurbished equipment. These factors will hinder the growth of the failure analysis test equipment market during the forecast period.

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Market segmentation

The Failure Analysis Test Equipment market report is segmented by Product (Focused Ion Beam, Dual Beam System and Electron Microscope) and Geography (North AmericaAPAC, europethe Middle East i Africai South America). North America will be the leading region with 37% market growth during the forecast period. The United States is a key country in the failure analysis test equipment market in North America.

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Seller landscape

The market for failure analysis test equipment is concentrated Marketers are deploying organic and inorganic growth strategies to compete in the market. The market is not very competitive, with most vendors serving the needs of niche end-user segments and a few vendors offering products for most addressable markets. There are few vendors in the market due to the large capital investments required and the long gestation period involved in new product development. These conditions act as potential barriers and keep the threat of new entrants in the global failure analysis test equipment market low. Therefore, the probability of new sellers entering the market is low.

Some companies mentioned

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Scope of the Failure Analysis Test Equipment Market

Coverage of the report

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Deceleration to a CAGR of 7.4%

Market growth 2022-2026

2.01 billion dollars

Market structure

concentrated

Year-on-year growth (%)

8.58

Regional analysis

North America, APAC, Europe, Middle East and Africa and South America

Realization of the contribution to the market

North America at 37%

Key consumer countries

USA, China, Japan, Germany and France

Competitive landscape

Leading companies, competitive strategies, scope of consumer participation

Profiled companies

A and D Co. Ltd., Advantest Corp., Carl Zeiss AG, Hitachi Ltd., Intertek Group Plc, IXRF Inc., JEOL Ltd., Tescan Orsay Holding AS, Thermo Fisher Scientific Inc. and TUV SUD AG

Market dynamics

Major market analysis, market growth drivers and obstacles, analysis of fast and slow growing segments, impact of COVID-19 and future consumer dynamics and analysis of market conditions for the forecast period.

Customization scope

If our report doesn’t include the data you’re looking for, you can contact our analysts and customize the segments.

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Key topics covered:

1 Executive summary

2 Market landscape

3 Size of the market

4 Analysis of the five forces

5 Market segmentation by product

6 Customer landscape

7 Geographical Landscape

8 drivers, challenges and trends

9 Landscape of sellers

10 Analysis of suppliers

11 Appendix

About us

Technavio is a world leader in technology research and consulting. His research and analysis focuses on emerging market trends and provides useful information to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With more than 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spread across 50 countries. Its customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, extensive research and actionable market intelligence to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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