Failure Analysis Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Equipment (Scanning Electron Microscope (SEM), Focused Ion Beam (FIB) System, Transmission Electron Microscope (TEM), Dual Beam System), By Technology (Secondary ION Mass Spectrometry (SIMS), Energy Dispersive X-ray Spectroscopy (EDX), Chemical Mechanical Planarization (CMP), Others), By End Users (Automotive, Oil and Gas, Defense, Construction, Manufacturing, Others), And By Geography - Forecasts From 2023 To 2028
- Published : Jan 2024
- Report Code : KSI061610359
- Pages : 114
The failure analysis market is estimated to grow at a CAGR of 6.72% during the forecast period.
Failure analysis is the systematic investigation of the cause of failure of a component, product, or system. It is a valuable tool for identifying and correcting design flaws, manufacturing defects, and operational errors. A legal investigation into the bombed cycle or item is the beginning stage of disappointment examination. Such request is directed utilizing logical scientific strategies like electrical and mechanical estimations, or by investigating disappointment information, for example, item reject reports or instances of past disappointments of a similar kind. The techniques for legal designing are particularly important in following item imperfections and blemishes. The failure investigation process involves collecting damaged parts for analysis to identify the cause(s) of failure using a variety of methods.
Introduction:
The Failure Analysis Market deals with the systematic investigation of a part's failure. Failure analysis is the process of determining the root causes of a failure and devising preventive measures to stop similar failures from happening in the future. It is a critical tool for improving product quality and reliability. devices, and systems. The strategies for scientific designing are particularly significant in following item deformities and defects. The Failure Analysis Market is an essential tool that can save money, lives, and resources if done correctly and acted upon.
Drivers:
- Increasing demand for failure analysis equipment: The market for failure analysis equipment is growing, as businesses increasingly seek to understand and prevent the root causes of failures. Root cause analysis (RCA) is mainly a systematic process for identifying and addressing these underlying causes, and failure analysis equipment plays a vital role in this process.
- Technological advancements: These innovations have led to the development of new and improved methods for analyzing failures, which have increased the accuracy and efficiency of the process.
- Growing need for failure analysis in various industries: The need is growing in various industries, including automotive, aerospace, and electronics. This is due to the increasing complexity of products and systems, which makes it more difficult to identify the root causes of failures.
- Increasing focus on quality control: The market is also driven by the increasing focus on quality control in various industries. Failure analysis is an important tool for identifying and correcting quality issues, which can help to improve product reliability and customer satisfaction.
- Government regulations: The market is also driven by government regulations that require companies to conduct failure analyses on their products and systems. Product and system safety and reliability regulations are in place to protect consumers and businesses. Non-compliance with these regulations may result in legal and financial penalties.
Products offered by key companies:
- Exponent has been a leader in failure analysis testing since 1967. They provide comprehensive testing services to determine the root cause of failures and conduct research for electrical accidents. Exponent's materials engineers analyze various types of accidents and failures, including corrosion, wellhead accidents, refinery fires, pipeline ruptures, tanker accidents, and spills.
- TEC's 147-acre facility is designed for large-scale testing and experiments, offering a combination of specialized test and prototyping equipment. This allows them to handle complex failure analysis projects and provide accurate and reliable results.
- EAG's failure analysis services include electrical analysis, which helps to identify and understand the electrical properties and behaviors of failed components. EAG's optical inspection services help to identify visual defects and anomalies in failed components, providing valuable insights into the root causes of failures
Prominent growth in the focused ion beam segment within the failure analysis market:
The focused ion beam (FIB) segment within the failure analysis market has experienced prominent growth in recent years. The failure analysis segment is the largest application area for FIB systems, and it is expected to continue to grow at a high rate during the forecast period. The growth in this segment can be attributed to the increasing demand for failure analysis services in various industries, including electronics and semiconductors. The use of FIB systems in these industries for failure analysis applications has bolstered the growth of the FIB market. Additionally, technological advancements in FIB systems have made them more efficient and accurate, which has increased their adoption in the failure analysis market. The growing demand for FIB systems in other applications, such as material science and life sciences, is also expected to contribute to the growth of the market.
The Asia Pacific region is expected to hold a significant share of the failure analysis market:
The Asia Pacific region is expected to hold a significant share of the failure analysis market due to several factors. The Asia Pacific region is home to several industries, including electronics, automotive, and aerospace, which require failure analysis services. The increasing demand for these services is expected to drive the growth of the failure analysis market in the region. It is known for its rapid adoption of advanced technologies, including failure analysis equipment. The region's growing technological capabilities are expected to contribute to the growth of the failure analysis market. The region is witnessing a rise in investments in research and development, particularly in the electronics and semiconductor industries. This is expected to drive the demand for failure analysis services, which are essential for identifying and correcting quality issues.
Key developments:
- In June 2023, Thermo Fisher Scientific launched Thermo Scientific™ Metrios™ 6 Scanning Transmission Electron Microscope ((S)TEM) — a new-generation, fully automated (S)TEM metrology solution to enhance productivity and analysis of semiconductor devices.
- In April 2023, Hitachi High-Technologies launched NEXTA® DMA200 Thermal Analyzer with High Force Capability, which will provide enhanced efficiency and product quality control
- In May 2023, Bruker reported the arrival of the ForceRobot® 400 BioAFM, which denotes another achievement in force estimation capacities. It sets new principles in mechanization, creating north of 250,000 power bends each day to convey the measurably critical datasets expected for requesting revelation and preclinical examination.
Failure Analysis Market Scope:
Report Metric | Details |
Growth Rate | CAGR of 6.72% from 2022 to 2029 |
Base Year | 2022 |
Forecast Period | 2024 – 2029 |
Forecast Unit (Value) | USD Billion |
Segments Covered |
|
Companies Covered |
|
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Customization Scope | Free report customization with purchase |
Segmentation
- By Equipment
- Scanning Electron Microscope (SEM)
- Focused Ion Beam (FIB) System
- Transmission Electron Microscope (TEM)
- Dual Beam System
- By Technology
- Secondary ION Mass Spectrometry (SIMS)
- Energy Dispersive X-ray Spectroscopy (EDX)
- Chemical Mechanical Planarization (CMP)
- Others
- By End Users
- Automotive
- Oil and Gas
- Defense
- Construction
- Manufacturing
- Others
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Others
- North America
Frequently Asked Questions (FAQs)
The global failure analysis market is estimated to grow at a CAGR of 6.72% during the forecast period.
Prominent key market players in the failure analysis market include Exponent Inc., TEC Materials Testing, EAG Inc., Rood Microtec GmbH, and Presto Engineering Inc., among others.
The global failure analysis market has been segmented by equipment, technology, end users, and geography.
The market for failure analysis equipment is growing, as businesses increasingly seek to understand and prevent the root causes of failures.
The Asia Pacific region is expected to hold a significant share of the failure analysis market.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. FAILURE ANALYSIS MARKET, BY EQUIPMENT
5.1. Introduction
5.2. Scanning Electron Microscope (SEM)
5.3. Focused Ion Beam (FIB) System
5.4. Transmission Electron Microscope (TEM)
5.5. Dual Beam System
6. FAILURE ANALYSIS MARKET, BY TECHNOLOGY
6.1. Introduction
6.2. Secondary ION Mass Spectrometry (SIMS)
6.3. Energy Dispersive X-ray Spectroscopy (EDX)
6.4. Chemical Mechanical Planarization (CMP)
6.5. Others
7. FAILURE ANALYSIS MARKET, BY END USERS
7.1. Introduction
7.2. Automotive
7.3. Oil and Gas
7.4. Defense
7.5. Construction
7.6. Manufacturing
7.7. Others
8. FAILURE ANALYSIS MARKET, BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. United States
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. United Kingdom
8.4.2. Germany
8.4.3. France
8.4.4. Spain
8.4.5. Others
8.5. The Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. Israel
8.5.4. Others
8.6. Asia Pacific
8.6.1. Japan
8.6.2. China
8.6.3. India
8.6.4. South Korea
8.6.5. Indonesia
8.6.6. Thailand
8.6.7. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
10. COMPANY PROFILES
10.1. Exponent Inc.
10.2. TEC Materials Testing
10.3. EAG Inc.
10.4. Rood Microtec GmbH
10.5. Presto Engineering Inc.
10.6. Crane Engineering
10.7. McDowell Owens Engineering Inc.
10.8. Leonard C Quick & Associates Inc.
Exponent Inc.
TEC Materials Testing
EAG Inc.
Rood Microtec GmbH
Crane Engineering
McDowell Owens Engineering Inc.
Leonard C Quick & Associates Inc.
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