Scanning Electron Microscope Market is Projected to Reach USD 2345.8 Million by 2022
September 13, 2017 --
According to the latest market report “Scanning Electron Microscope (SEM) Market: By Industry Vertical (Semiconductor, Life Sciences, Materials Science, manufacturing and Others) & By Geography - Forecast (2017-2022)”, published by IndustryARC, the market to reach $2345.8m by 2022
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According to a recent study from IndustryARC, the Scanning Electron Microscope (SEM) market is forecast to reach $2345.8m by 2022 and is estimated to grow at a CAGR of 4.5%. Nanotechnology is an emerging field in every industry such as energy, semiconductor, and pharmaceutical and among others. Growing necessity for identifying and analyzing three dimensional images of miniature products with high resolution and technically advanced microscope has propelled the growth of the market throughout the forecast period. Along with this, constant R&D investments from both Government and private sector have created new innovations and opportunities in field of nanotechnology, which in turn is an additional growth factor for this market.
Scanning Electron Microscope market is all set to exhibit robust development with respect to wide range of end-user verticals such as semiconductor, material science, life science, manufacturing and among others. Semiconductor industry vertical held the largest market share of 44.5% in 2015 and is projected to witness the steady growth rate of 3.6% during the forecast period from 2017 to 2022. Life Science industry vertical is the fastest growing verticals with respect to this market. Recent investigation on cell morphology, tissue engineering research and microbiology with help of SEM imaging technique has grabbed more focus on the benefits of these microscopes. Requirement of better quality of the final product and trend of smaller particles for active pharmaceutical ingredients (API) has fueled the demand for optical measurement tools such as scanning electron microscope in life science sector. APAC is estimated to be the largest market for scanning electron microscope market by 2015. This region is projected to obtain 38% of the total market revenue by 2022 owing to increasing demand for pharmaceutical industry to cope-up with drug discoveries and testing of end products. The overall market is also presented from the perspective of different geographic regions and the key countries for this industry. Competitive landscape for each of the product types is highlighted and some of the major players are profiled.
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The Major Players in this Market Include
Hitachi High Technologies Corp. (Japan)
JEOL Ltd. (Japan)
Carl Zeiss AG (Germany)
FEI Company (U.S.)
TESCAN ORSAY HOLDINGS A.S. (Czech Republic)
Hitachi High Technologies Corp. and JEOL Corp. are the two major companies for scanning electron microscope market which are analyzed to generate total revenue of 32% in 2015. Scanning electron microscope market key players have making different strategic initiatives include partnerships, acquisitions, products launches and collaborations majorly to augment entry into related markets and enhance core competencies through additions to product portfolio as well as leveraging capabilities of acquired companies to gain a foothold in the emerging markets.
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