Failure Analysis Market Size, Industry Trends Report | 2031
Failure Analysis Market Size, Industry Trends Report | 2031
Segments - Failure Analysis Market by 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), End-user Verticals (Automotive, Oil and Gas, and Defense), and Regions (Asia Pacific, North America, Latin America, Europe and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
Upcoming
| Report ID :ICT-SE-1057
| 4.8 Rating
| 78 Reviews
| 155 Pages
| Format :
Report Description
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.
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.
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.
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.
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
- IBM Corporation (IBM Global Services)
- Exponent Inc.
- TEC Materials Testing
- EAG Inc.
- Rood Microtec GmbH
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.
Table Of Content
1. Executive Summary2. 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
Methodology
Related Reports
Some other reports from this category!
Our Clients
