Acoustic Microscope Market 2019 Global Size, Share, Industry Analysis, Emerging Trends, Development Status, Historical Analysis, Comprehensive Research Study Till 2023
Acoustic Microscope Market, by Method (Non-destructive testing, Infrared imaging, X-ray radiography), by Type (SAM, CSAM), by Application (Medical, Industrial, Automotive, Semiconductor, Aerospace, Life-science) by Forecast 2022
Pune, India – September 9, 2019 /MarketersMedia/ —
Acoustic Microscope Global Market – Overview
Acoustic Microscope Market is cementing its foothold at a CAGR of 9% during the forecast period 2018-2023 by achieving a valuation of USD 1 billion. The market is gaining substantial traction from continuous opportunities approaching towards semiconductor industry along with the backing of some robust factors.
The Acoustic Microscope Market is an instrument that is used to enlarge the image of small objects with the help of sound waves through ultrasonic sound. With the help of this, scientists can get an advantage to analyze research in a better way and observe micro-environment by obtaining accurate data. The use of the acoustic microscope also assists in deep learning and exploration and helps in inventing new cures of everyday life to make it easier, healthier, and safe. According to MRFR’s study, the growth of the acoustic microscope market is attributed to the upward demand for micro and nanotechnology to have proper research and development. These have broad application scope in the field of medicine and microelectronics. Its ability to be accurately functional in the areas of data collection can be considered as a chief market influencer for the growth of the market, which could also inspire the market to inflate during the forecast period.
Apart from these factors, the government support and its investments in research and development activities along with growing advances in the microscope technology has also led to the adoption of the acoustic microscope. Apart from the semiconductor industry, the acoustic microscope is also getting popular in the healthcare industry in a way that studies arterial problems, heart diseases, cell structures, and lymph nodes. As these require nano-level cell images through a microscope, it is the acoustic microscope that excels in the process than any other microscope. Whereas in the microelectronic industry, the acoustic microscope is widely used to determine the quality of integrated circuits (IC)
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On these notes, it is observed that the medical and semiconductor industry is anticipated to have a higher requirement of the acoustic microscope in the future, which is driving the growth of the market in the assessment period. On the flip side, a significant challenge faced by the acoustic microscope market is the lack of availability of skilled personnel for its operation efficiently can eventually hinder the market growth during the forecast period.
Key players
The well-known players operating in the market of acoustic microscope are listed as 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
Market Segmentation
The global acoustic microscope market can be segmented by type, application, and industry.
By type, the market includes scanning acoustic microscope (SAM), confocal scanning acoustic microscope (CSAM), C-mode scanning acoustic microscope, scanning laser acoustic microscope (SLAM).
By application, the market includes non-destructive testing, failure analysis, quality control/ product reliability testing, and others (counterfeit detection and process validation).
By industry, the market includes semiconductor & electronics, automotive, material science, life science, medical, and many others.
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Regional Analysis
The regional analysis of global acoustic microscope market includes vital regions of North America, Asia-Pacific, Europe, and the rest of the world.
North America is anticipated to lead the acoustic microscope market owing to mounting government funds in research and development where acoustic microscopes are essential. Besides, there are developments in the medical field in the North America region, which is likely to rise the adoption of an acoustic microscope.
Whereas, Asia-Pacific is likely to become the fastest-growing market for acoustic microscopes, in support of a large number of semiconductor and electronics companies in this region which use an acoustic microscope for quality control and failure analysis.
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