Global Failure Analysis Equipment Market

Global Failure Analysis Equipment Market is estimated to be US$ 17.5 billion by 2030 with a CAGR of 8.9% during the forecast period
COVINA, Calif. - July 19, 2021 - PRLog -- The global Failure analysis equipment market accounted for US$ 7.5 billion in 2020 and is estimated to be US$ 17.5 billion by 2030 and is anticipated to register a CAGR of 8.9%. The failure analysis technique is used to identify the failure's root cause. It assists in identifying failure to make essential product corrections. The method focuses on structural, component, and assembly flaws. It's a multi-step process that starts with a physical inspection of the item. Failure analysis equipment aids in the removal of both potential and actual flaws with a product. The approach allows organizations to reduce maintenance expenses and boost efficiency by using appropriate analyses. Failure analysis can be carried out using both physical and chemical methods. It's a method of determining the "why and how" of equipment failure using engineering. Failure analysis equipment identifies the root cause of device failure and lowers the chance of repeat failures.

The report "Global Failure Analysis Equipment Market, By Technology (EDX, BIM, FIB, SIMS, CMP and RIE), By Equipment (SEM, TEM, Optical microscope, Scanning probe microscope and Dual beam), By Application (Electronics, Industrial Science, Material science, Bioscience and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030"

To know the upcoming trends and insights prevalent in this market, click the link below:

Key Highlights:
  • INTEGRATED DYNAMIC ELECTRON SOLUTIONS, INC. (US), an entrepreneurial company specializing in technology linked to transmission electron microscopy, was acquired by JEOL Ltd. in January 2020.
  • Thermo Fisher Scientific introduced the Thermo Scientific Phenom Particle desktop Scanning Electron Microscope (SEM) solution in September 2019, which is designed to provide automotive suppliers and additive manufacturing companies with faster quality control analyses of materials used in development and production.

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