Focused Ion Beam Market : Insights into the Competitive Scenario of the Market

One of the leading factors promoting the growth of the global focused ion beam market currently, is the growing rate of application of ion beam systems in the wide field of sample preparation. The market is also being driven by the increasing demand for lithography using ion beams. Another driver for the global focused ion beam market is its growing scope of use in equipment used for failure analysis. However, the market is currently being restricted by the expensive nature of ion beam systems, which deters several smaller enterprises from acquiring them.

The global focused ion beam market was valued at US$300.0 mn in 2015. Its revenue is expected to expand at a CAGR of 6.8% and likely to reach US$528.0 mn by the end of 2024.

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Europea and North America R&D Efforts Strengthened with Growing FIB Usage

The global focused ion beam market has been broadly segmented into key geographic regions of North America, Europe, Asia Pacific, The Middle East and Africa, and Latin America. Europe was the leading market for focused ion beam systems usage in 2015, a factor primarily attributed to the high rate of penetration of focused ion beams in the semiconductor industry.

North America has also had a high demand for ion beam systems due to the great utility of focused ion beam microscopes in material sciences. The commercial availability of focused ion beam microscopes recently has led to an eruption of research and development projects in the North American studies of material sciences.

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LMIS and Gallium Continue Leading Use as Ion Sources in Global Focused Ion Beam Market

By ion sources, the global focused ion beam market can be segmented into gallium, gold, iridium and then a collective segment of unique ion sources, including gas field ionization and liquid metal alloy ions. By revenue, gallium was highly common as an ion source, followed by iridium, in 2015.

By applications, the global focused ion beam market is segmented into sample preparation, nanofabrication, and a collective group of minority applications such as biological sciences. In 2015, sample preparation accounted for the leading share in the global focused ion beam market, followed nanofabrication.

As of 2015, the leaders in the global focused ion beam market included Hitachi High-Technologies Corporation (Japan), JEOL Ltd (Japan), FEI (U.S.), TESCAN (Czech Republic), Evans Analytical Group (U.S.), Raith GmbH (Germany), Carl Zeiss AG (Germany), and Fibics Incorporated (Canada).

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