Surface Analysis Global Market Report 2024 by The Business Research Company | Thermo Fisher Scientific Inc.; KLA Corporation; Carl Zeiss AG; Agilent Technologies Inc.; Keyence Corporation; Keysight Technologies Inc.; Hitachi High-Tech Corporation

The surface analysis market size has grown strongly in recent years. It will grow from $5.48 billion in 2023 to $6.00 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to increasing demand for advanced surface analysis techniques in various industries, need for accurate and reliable surface analysis in research and development activities, growth in demand for non-destructive testing and inspection techniques, adoption of automation and robotics in manufacturing and industrial processes, and trend towards miniaturization in the semiconductor and electronics industries.

The surface analysis market size is expected to see strong growth in the next few years. It will grow to $8.68 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to focus on high-precision surface analysis in semiconductor and electronics sectors, increasing focus on environmental monitoring and analysis, demand for surface analysis systems in healthcare and pharmaceutical industries, requirement for real-time data and insights in manufacturing processes and growing need for surface analysis in materials science research. Major trends in the forecast period include integration of artificial intelligence, development of in-situ and in-operando techniques, and multimodal imaging and correlative microscopy.

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Surface Analysis Market Major Segments
The surface analysis market covered in this report is segmented -

1) By Instrumentation Technology: Microscopy, Spectroscopy, Surface Analyzers, X-Ray Diffraction
2) By Application: Semiconductor, Energy, Polymers, Life Sciences, Other Applications
3) By End User: Academic Institute, Industries, Research Organizations

Key Driver - Surge In Concerns Over Indoor Air Pollution Fuels Growth Of Air Quality Control System Market

Growing concerns about indoor air quality are expected to propel the growth of the surface analysis market. Indoor air quality (IAQ) refers to the quality of the air within and surrounding buildings and other structures, with a focus on how it affects the comfort and health of building inhabitants. Indoor air quality (IAQ) concerns are increasing due to various factors including the emissions from building materials, furniture, cleaning products, and cooking appliances, inadequate ventilation in buildings, and outdoor air pollution intrusion. Surface analysis plays a crucial role in mitigating indoor air quality (IAQ) concerns by identifying and quantifying the presence of pollutants and contaminants on various surfaces within indoor environments. It can pinpoint the sources of indoor air pollutants by identifying areas of microbial growth, accumulation of dust and particulate matter, or residues from cleaning products or building materials. For instance, in December 2023, according to the World Health Organization (WHO), a Switzerland-based intergovernmental organization working to promote health, household air pollution was linked to an estimated 3.2 million annual fatalities, including approximately 2,37,000 deaths of children under the age of five in 2020. Additionally, in April 2023, according to the American Lung Association, a US-based professional organization, 119.6 million Americans, or almost 36% of the country's population, continue to reside in areas with unfavorable ozone or particle pollution ratings. Therefore, the growing concerns about indoor air quality will drive the growth of the surface analysis market.

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Prominent Trend - Innovative Solutions Drive Competition In The Surface Analysis Market

Major companies operating in the surface analysis market are focused on developing innovative solutions, such as X-ray photoelectron spectroscopy (XPS), to gain a competitive edge in the market. X-ray photoelectron spectroscopy (XPS) is a surface analysis technique used to determine quantitative atomic composition and chemistry, providing valuable insights into the elemental composition, chemical states, and surface contamination of a sample. For instance, in May 2021, Thermo Fisher Scientific Inc., a US-based supplier of analytical instruments, launched the Thermo Scientific Nexsa G2 surface analysis system, a fully automated X-ray photoelectron spectrometer (XPS) designed to increase productivity and innovation for academic and industrial labs. This XPS system uses X-rays to irradiate a solid surface and measure the kinetic energy of photoelectrons released to determine the elemental composition, empirical formula, and chemical state of the elements within a material.

Surface Analysis Market Players
Major companies operating in the surface analysis market report are Thermo Fisher Scientific Inc.; KLA Corporation; Carl Zeiss AG; Agilent Technologies Inc.; Keyence Corporation; Keysight Technologies Inc.; Hitachi High-Tech Corporation; Shimadzu Corporation; Bruker Corporation; HORIBA Ltd.; JEOL Ltd.; Renishaw plc; Leica Microsystems; Veeco Instruments Inc.; Oxford Instruments plc; Park Systems; Gatan Inc.; Filmetrics Inc.; Anton Paar GmbH; Rigaku Corporation; McCrone Group; Elionix Inc.; Nanosurf AG; NT-MDT Spectrum Instruments; SPECS GmbH

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Largest And Fastest Growing Region In The Market
North America was the largest region in the surface analysis market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surface analysis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Surface Analysis Market Report Structure
3. Surface Analysis Market Trends And Strategies
4. Surface Analysis Market - Macro Economic Scenario
5. Surface Analysis Market Size And Growth
…..
27. Surface Analysis Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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