Failure Analysis Market

Failure Analysis Market

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Raksha

Author :

Raksha Sharma

Amulya

Fact-checked by :

Amulya Agarwal

Shruti

Editor :

Shruti Bhat

Failure Analysis Market Outlook 2031

The failure analysis market size was around USD 8.78 Billion in 2022 and is projected to reach USD 16.83 Billion by 2031 expand at a CAGR of 7.5% during the forecast period, 2023-2031. The growth of the market is attributed to increasing investment of companies in R&D activities. Moreover, increasing requirement of solutions to reduce the operational costs is driving the market growth.

Failure analysis is the procedure in which a failed product is investigated/examined to determine the cause of failure. There are several methods to analyze the failure. For instance, failure modes and effects analysis (FMEA), Ishikawa “fishbone” diagrams, and fault-tree analysis (FTA) are some of the widely used failure analysis methods.

Global Failure Analysis Market Outlook

Companies are investing in technologies to improve the next version of the product by performing in-depth failure analysis. Critical information about the design process, manufacturing processes, material properties, or actual service conditions can be determined through failure analysis.

Failure Analysis Market Drivers, Restraints, Trends, and Opportunities

  • Increased awareness among the people regarding the quality of product or solutions being offered to them is enabling organizations to implement failure analysis, which is expected to propel the market growth
  • High cost of implementation and high maintenance cost of the equipment can restrain the market growth.
  • The presence of software tools that provide in-depth failure can create challenges for the growth of the market.
  • Increasing technological advancements is anticipated to create lucrative opportunities for industry players in the projected timeline.

Scope of The Failure Analysis Market Report

The report on the failure analysis market includes an assessment of the market, trends, segments and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Failure Analysis Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023 - 2031

Segmentation

Technologies (Secondary ION Mass Spectrometry (SIMS), Chemical Mechanical Planarization (CMP), Energy Dispersive X-ray Spectroscopy (EDX)), Equipment (Scanning Electron Microscope (SEM), Focused ION Beam (FIB) Systems, Transmission Electron Microscope (TEM), and Dual Beam Systems), and End-user Verticals (Automotive, Oil and Gas, Defense)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

IBM Corporation (IBM Global Services), Exponent Inc., TEC Materials Testing, EAG Inc., and  Rood Microtec GmbH

Failure Analysis Market Segment Insights

Chemical mechanical planarization (CMP) segment to account a significant market share

Based on technologies, the market is segmented into secondary ion mass spectrometry (SIMS), chemical mechanical planarization (CMP), and energy dispersive X-ray spectroscopy (EDX). The chemical mechanical planarization (CMP) segment is projected to account for a significant market share during the forecast period owing to the increasing use of this process in the semiconductor industry is driving the segment growth.

Global Failure Analysis Market Technologies

Focused ion beam (FIB) systems segment to exhibit a robust CAGR

On the basis of equipment, the market is divided as scanning electron microscope (SEM), focused ion beam (FIB) systems, transmission electron microscope (TEM), and dual beam systems. The focused ion beam (FIB) Systems is expected to expand at a high CAGR during the forecast period. Growing adoption of FIB systems in material science and bioscience applications is driving the segment growth.

Additionally, FIBs can now be used for microstructural analysis and prototyping nanomachining along with circuit editing and transmission electron microscopy (TEM) sample preparation.

Failure Analysis Market Equipmet

Automotive segment to dominate the market

In terms of end-user verticals, the market is segregated into automotive, oil and gas, and defense. The automotive segment  is anticipated to dominate the market owing to the increasing production of passenger and luxury cars.

The automotive industry is constantly faces new challenges as the demand for inexpensive and high-quality components is increasing across the globe. Failure analysis in automobiles is done to establish the cause of an accident, wherein analysis is employed to see which component in the automotive caused the accident.

The market in North America to expand at a healthy rate

Based on regions, the failure analysis market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America accounted for a large market share during the forecast period. In the region, the  US is one of the early adopters of failure analysis techniques. The country is home to a majority of the major automotive companies such as General Motors and Ford.

Failure Analysis Market Region

Segments


The global failure analysis market has been segmented on the basis of

Technologies

  • Secondary ION Mass Spectrometry (SIMS)
  • Chemical Mechanical Planarization (CMP)
  • Energy Dispersive X-ray Spectroscopy (EDX)

Equipment

  • Scanning Electron Microscope (SEM)
  • Focused ION Beam (FIB) Systems
  • Transmission Electron Microscope (TEM)
  • Dual Beam Systems

End-user Verticals

  • Automotive
  • Oil and Gas
  • Defense

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key players

Competitive Landscape

Some of the major players in the market are IBM Corporation (IBM Global Services), Exponent Inc., TEC Materials Testing, EAG Inc., Rood Microtec GmbH. These major players are focusing on expanding their operations by engaging in partnerships, acquisitions, and mergers. Moreover, they’re heavily investing in R&D activities to expand their market share.

 Global Failure Analysis Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Failure Analysis Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Failure Analysis Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Failure Analysis Market - Supply Chain
  4.5. Global Failure Analysis Market Forecast
     4.5.1. Failure Analysis Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Failure Analysis Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Failure Analysis Market Absolute $ Opportunity
5. Global Failure Analysis Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Failure Analysis Market Size and Volume Forecast by End Users
     5.3.1. Automotive Oil and Gas Defense
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Failure Analysis Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Failure Analysis Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Failure Analysis Demand Share Forecast, 2019-2026
7. North America Failure Analysis Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Failure Analysis Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Failure Analysis Market Size and Volume Forecast by End Users
     7.4.1. Automotive Oil and Gas Defense
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Failure Analysis Demand Share Forecast, 2019-2026
8. Latin America Failure Analysis Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Failure Analysis Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Failure Analysis Market Size and Volume Forecast by End Users
     8.4.1. Automotive Oil and Gas Defense
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Failure Analysis Demand Share Forecast, 2019-2026
9. Europe Failure Analysis Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Failure Analysis Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Failure Analysis Market Size and Volume Forecast by End Users
     9.4.1. Automotive Oil and Gas Defense
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Failure Analysis Demand Share Forecast, 2019-2026
10. Asia Pacific Failure Analysis Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Failure Analysis Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Failure Analysis Market Size and Volume Forecast by End Users
     10.4.1. Automotive Oil and Gas Defense
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Failure Analysis Demand Share Forecast, 2019-2026
11. Middle East & Africa Failure Analysis Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Failure Analysis Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Failure Analysis Market Size and Volume Forecast by End Users
     11.4.1. Automotive Oil and Gas Defense
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Failure Analysis Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Failure Analysis Market: Market Share Analysis
  12.2. Failure Analysis Distributors and Customers
  12.3. Failure Analysis Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. IBM Corporation (IBM Global Services) Exponent Inc. TEC Materials Testing EAG Inc. Rood Microtec GmbH

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