Failure Analysis Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Failure Analysis Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • September 2021 •
  • 147 pages •
  • Report ID: 5981421 •
  • Format: PDF
The global failure analysis market is expected to grow at a CAGR of around 8% during 2021-2026.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.

Failure analysis refers to a systematic and logical investigation of a piece of equipment to analyze the physical, chemical and machinal causes for a particular failure. Some of the common failure analysis techniques include Energy Dispersive X-Ray Spectroscopy (EDX), Secondary Ion Mass Spectrometry (SIMS), Focused Ion Beam (FIB), Broad Ion Milling (BIM), etc. These techniques aid in understanding the root cause of the failure, prevent asset or product failures, improve future products and processes and thus prevent financial losses and penalties. As a result, failure analysis finds extensive applications across various industrial sectors, such as automotive, oil and gas, defense, construction and manufacturing.

Failure Analysis Market Trends:
Significant growth in the manufacturing industry, along with rapid industrialization across the globe, especially in the developing economies, is one of the key factors creating a positive outlook for the market growth. Furthermore, widespread adoption of failure analysis for material science applications is providing a thrust to the market growth. Optical and scanning electron microscopes are used for the mineralogical and structural analysis of materials, such as metals, polymers, alloys, biomaterials and ceramics. Additionally, various technological advancements, such as the utilization of focused ion beam systems to study biological samples and biomaterials, are acting as other growth-inducing factors. Apart from this, automobile manufacturers are also using vision and artificial intelligence (AI)-based failure analysis tools for performance analysis, vehicle dynamic studies and accident reconstruction. Other factors, including an increasing focus on nanotechnology, along with the implementation of stringent government regulations for ensuring safety at industrial workplaces, are anticipated to drive the market further.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global failure analysis market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, equipment, technology and end use industry.

Breakup by Equipment:
Scanning Electron Microscope (SEM)
Focused Ion Beam (FIB) System
Transmission Electron Microscope (TEM)
Dual Beam System
Others

Breakup by Technology:
Energy Dispersive X-Ray Spectroscopy (EDX)
Secondary Ion Mass Spectrometry (SIMS)
Focused Ion Beam (FIB)
Broad Ion Milling (BIM)
Relative Ion Etching (RIE)
Scanning Probe Microscopy (SPM)
Others

Breakup by End Use Industry:
Automotive
Oil and Gas
Defense
Construction
Manufacturing
Others

Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being A&D Company Ltd., Bruker Corporation, Carl Zeiss AG (Carl-Zeiss-Stiftung), Hitachi High-Technologies Corporation (Hitachi Ltd.), Horiba Ltd., Intertek Group PLC, JEOL Ltd., Motion X Corporation, Tescan Orsay Holding A.S. and Thermo Fisher Scientific Inc.

Key Questions Answered in This Report:
How has the global failure analysis market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global failure analysis market?
What are the key regional markets?
What is the breakup of the market based on the equipment?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global failure analysis market and who are the key players?
What is the degree of competition in the industry?