Automation Driving Growth In Failure Analysis Market: Core Growth Enabler in the Failure Analysis Market, 2025

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What Will the Failure Analysis Industry Market Size Be by 2025?
The market size of failure analysis has significantly expanded in the latest years. Projections indicate a growth from $4.86 billion in 2024 to $5.32 billion in 2025, showcasing a compound annual growth rate (CAGR) of 9.6%. The historical growth phase can be credited to the augmenting intricacy of products, strict regulatory stipulations, expanded consciousness about quality monitoring, and the escalating requirement for reliability engineering.

What's the Long-Term Growth Forecast for the Failure Analysis Market Size Through 2029?
The market size for failure analysis is anticipated to witness significant expansion in the coming years, reaching $7.61 billion by 2029 with a CAGR of 9.3%. The predicted surge in the forecast period is a result of the expansion of nascent industries, the internationalization of supply chains, and an increased need for predictive maintenance. Key trends during this period are expected to be failure analysis of medical devices, solutions specific to various industries, collaboration and exchange of knowledge, and the application of failure analysis in additive manufacturing.

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What Are the Key Growth Drivers Fueling the Failure Analysis Market Expansion?
The accelerated adoption of automation is anticipated to fuel the failure analysis market's expansion in the future. Automating tasks or processes using technology and machinery requires little human intervention, making processes more streamlined, reducing the need for manual labor, and decreasing human error. This leads to enhanced efficiency and productivity across various sectors. Failure analysis is instrumental in understanding the root causes of malfunctions, breakdowns, or system failures in automated processes. For example, a survey of 321 manufacturers by Rockwell Automation, Inc., a US-based industrial automation company, in May 2022, revealed a striking 50% annual growth in the adoption of smart factory technologies. Furthermore, 74% of the manufacturers surveyed are either using or planning to integrate technologies into their manufacturing procedures. Plus, 83% of manufacturing professionals are set to update their modernization processes into intelligent factories. Thus, the growing adoption of automation is catalyzing the growth of the failure analysis market.

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What Are the Key Trends Driving Failure Analysis Market Growth?
Leading organizations in the failure analysis market are incorporating AI and ML technologies into their investigation procedures and solutions, such as tests powered by artificial intelligence, to enhance precision, speed, and efficiency in the detection and troubleshooting of errors. The AI-driven examination tool employs artificial intelligence to spot and sort out errors in failed test cases. By scrutinizing the test logs, it provides a thorough explanation of the root causes of failures, aiding programmers to swiftly identify and correct the problems. To illustrate, LambdaTest, an American company that operates an AI-driven unified enterprise test execution cloud platform, launched an AI-supported feature for analyzing failed tests in its intelligent test orchestration platform, HyperExecute, in January 2023. This unique feature facilitates digital companies to simplify their troubleshooting and rectification procedures for test case failures, thus saving time and enhancing the pace of receiving developer feedback. It aims to simplify the execution process of tests, classify mistakes, and suggest structured strategies to address test failures effectively. HyperExecute supplies smart features like auto-grouping, auto-retry, and fail-fast mechanisms to boost testing productivity and expedite time-to-market for digital entities.

How Is the Failure Analysis Market Segmented?
The failure analysis market covered in this report is segmented -

1) By Equipment: Scanning Electron Microscope (SEM), Focused Ion Beam (FIB) System, Transmission Electron Microscope (TEM), Dual Beam System
2) By Technology: Secondary ION Mass Spectrometry (SIMS), Energy Dispersive X-ray Spectroscopy (EDX), Chemical Mechanical Planarization (CMP), Other Technologies
3) By End-User Vertical: Automotive, Oil And Gas, Defense, Construction, Manufacturing, Other End-User Verticals

Subsegments:
1) By Scanning Electron Microscope (SEM): Conventional SEM, Field Emission SEM (FESEM), Environmental SEM (ESEM), Desktop SEM
2) By Focused Ion Beam (FIB) System: FIB-SEM Systems, FIB For Circuit Editing, FIB For Milling, FIB For Imaging And Analysis
3) By Transmission Electron Microscope (TEM): Conventional TEM, Scanning TEM (STEM), High-Resolution TEM (HR-TEM), Analytical TEM (ATEM)
4) By Dual Beam System: Dual Beam FIB-SEM Systems, Dual Beam For Milling and Imaging, Dual Beam For Micro-machining And Analysis

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Which Companies Are Leading the Charge in Failure Analysis Market Innovation?
Major companies operating in the failure analysis market are Hitachi Ltd., Thermo Fisher Scientific Inc., Applied Materials Inc., KLA Corporation, Eurofins Scientific SE, Agilent Technologies, Ametek Inc., Keysight Technologies, Advantest Corporation, Shimadzu Corporation, Bruker Corporation, Carl Zeiss AG, Leica Microsystems GmbH, Renishaw plc, Veeco Instruments, A&D Company Ltd., Rigaku Corporation, Park Systems Corp., Oxford Instruments, Tescan Orsay Holding, JEOL Ltd.

Which Regions Are Leading the Global Failure Analysis Market in Revenue?
North America was the largest region in the failure analysis market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the failure analysis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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