Press release
Focused Ion Beam Market Comprehensive Study: Forecasted Market Size And Growth Rate
Focused Ion Beam
The Business Research Company offers in-depth market insights through Focused Ion Beam Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The focused ion beam market size has grown strongly in recent years. It will grow from $1.26 billion in 2023 to $1.36 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to miniaturization of electronic devices, failure analysis in electronics, enhancements in nanomanipulation, emergence of multi-functional fib systems.
The focused ion beam market size is expected to see strong growth in the next few years. It will grow to $1.8 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to continued semiconductor industry innovation, increasing demand in life sciences, development of advanced materials, demand for in-situ experiments. Major trends in the forecast period include rise of 3d nanofabrication, advancements in imaging techniques, integration of automation and machine learning, in situ experiments and analysis, technological miniaturization.
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Market Segmentation:
The focused ion beam market covered in this report is segmented -
1) By Ion Source: Ga+ Liquid Metal, Gas Field, Plasma
2) By Application: Failure Analysis, Nanofabrication, Device Modification, Circuit Edit, Counterfeit Detection
3) By Vertical: Electronics And Semiconductor, Industrial Science, Bioscience, Material Science
Major Driver - Focused Ion Beam Market Surges Amidst Soaring Demand For Smartphones
Rising demand for mobile phones is expected to propel the growth of the focused ion beam market going forward. A mobile phone is a telephone that has access to a cellular radio network, allowing it to be utilized in a large region without a direct network connection. Focused ion beams perform nanoscale imaging, milling, etching, and deposition in mobile phone devices. For instance, in February 2023, according to U Switch, a UK-based price comparison website, there were 71.8 million mobile connections in the UK at the start of 2022, an increase of 3.8% from 2021. There will be 68.3 million people living in the UK by 2025, and 95% (or about 65 million people) will be smartphone users. Therefore, rising demand for electronic devices is driving the growth of the focused ion beam market.
Competitive Landscape:
Major companies operating in the focused ion beam market report are Hitachi High-Technologies Corporation, Thermo Fisher Scientific Inc., National Technology and Engineering Solutions of Sandia LLC, Eurofins Scientific SE, Focus GmbH, JEOL Ltd., Leica Microsystems GmbH, Veeco Instruments Inc., Oxford Instruments plc, Carl Zeiss AG, EAG Laboratories, Evans Analytical Group LLC, Raith GmbH, Tescan Orsay Holding AS, Nanolab Technologies Inc., A&D Company Limited, Delong Instruments, Fibics Inc., IC Failure Analysis Lab, Cordouan Technologies SAS, Applied Beams LLC, Elionix Inc., Ionoptika Limited, zeroK NanoTech Corporation, Nanosurf AG
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Top Trend - Innovative Cryo-Plasma Focused Ion Beam For Advanced Research
Product innovation is a key trend gaining popularity in the focused ion beam market. Major companies operating in the focused ion beam market are working on product innovations to sustain their position in the market. For instance, in August 2022, Thermo Fisher Scientific, a US-based medical device company, launched Arctis Cryo-Plasma Focused Ion Beam, a type of automated microscope mainly designed to pace the growth of cryo-electron tomography research. The system is designed to provide high-quality samples and minimize sample contamination risks. Users benefit from advanced automation and new connectivity capabilities, including simplified sample loading and transfer.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Focused Ion Beam Market Characteristics
3. Focused Ion Beam Market Trends And Strategies
4. Focused Ion Beam Market - Macro Economic Scenario
5. Focused Ion Beam Market Size And Growth
…..
27. Focused Ion Beam Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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