Market Synopsis
The global Acoustic Microscope Market is slated to generate a
market value of USD 1 billion by 2023, expanding at a 9% CAGR during the
forecast period 2018-2023.
Market highlights
The main factors driving the growth of the acoustic microscope
market are the growing demand for research and development in micro and
nanotechnology. Acoustic microscopes have a wide variety of use in medicine and
microelectronics. SAM technology is trend in industry at the moment. This
system has unique features, such as being able to display specimen without any
damage. The focusing aspect plays a major role because even though it's inside
the water, beam will search the sample. Besides, capturing image even at a
deeper layer, perfect measurement, all this factor drive consumer demand for
the acoustic microscope industry. The key factors driving the growth of the
acoustic microscopy market are safety regulations introduced by governments and
international bodies, the development of diverse end-use industries and
increased funding for R&D in microscopy. Growing adoption of acoustic
technology is driving the growth of the acoustic microscopy market by
increasing the number of manufacturing firms for product error detection and
quality checks. The demand for acoustic microscopy has seen a significant
increase with the increase in the number of end-use industries and high
investment in R&D.
Key players
The prominent players in the market of acoustic microscope are
Nikon Corporation (Japan), Applied Materials, Inc. (US), Danaher Corporation
(UK), Carl Zeiss (Germany), FEI Co. (US), Hitachi High Technologies Corporation
(Japan), Bruker Optics Inc. (US), JEOL Ltd. (Japan), Leica Microsystems
(Germany) and Olympus Corporation (Japan) among others.
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This device's in-depth magnification and high-resolution
capabilities can be used to study various structures and damages in computer
components in different industries. Even the increasing demand for application
in the medical, semiconductor and aerospace industries creates lucrative
opportunities for this market's manufactures.
Additionally, government support and its investments in
R&D activities and growing advances in microscope technology lead to the
adoption of acoustic microscope. High investment costs, however, hamper the
growth of acoustic microscopes in the market. The main challenge facing the
demand for acoustic microscopes is the lack of professional staff required to
operate the acoustic microscope efficiently. You can overcome this challenge by
conducting training sessions to train the unskilled personnel.
Segmentation
By type, the market is segmented into scanning acoustic
microscope (SAM), confocal scanning acoustic microscope (CSAM), C-mode scanning
acoustic microscope, scanning laser acoustic microscope (SLAM).
The Acoustic
Microscopy Industry is segmented by application into non-destructive
testing, fault analysis , quality control / product reliability testing, others
(false detection and process validation). In the forecast period, the
Non-Destructive Testing (NDT) market in the application segment is expected to
develop at the highest CAGR due to increased knowledge of non-destructive
industrial test methods and their benefits, such as increased equipment life
and improved engendering performance.
By industry, the market is segmented into semiconductor &
electronics, automotive, material science, life science, medical, and among
others.
By region, the market is segmented into North America,
Asia-Pacific, Europe, and the rest of the world.
Regional analysis
It is expected that the global demand for acoustic microscope
will rise at a significant rate during the 2018-2023 forecast period. Acoustic
microscope market geographic analysis is being studied for North America,
Europe , Asia-Pacific and the rest of the world.
North America is expected to dominate the acoustic microscope
industry, owing to increased government spending in research and development
that includes acoustic microscopes. In addition, developments in the medical
field are expected to increase the adoption of acoustic microscopes in the
North America region.
Due to a large number of semiconductor and electronics
companies located in this area that use the acoustic microscope for quality
assurance and failure analysis, Asia-Pacific is expected to be the fastest
growing market for acoustic microscopes.
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