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2020
Microscope Market

Microscope Market By Type (Scanning Electron Microscope, Transmission Electron Microscope, Focused Ion Beam, and Others) and End Use (Semiconductor & Microelectronics, Healthcare, General Manufacturing, Food Processing, Construction, and Other): Global Opportunity Analysis and Industry Forecast, 2020–2027
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A06654
Pages: 199
Aug 2020 | 5823 Views
Author(s) : Shantanu Sachan, Sachin Wankhede , Vineet Kumar
Tables: 85
Charts: 63
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Microscope Market Outlook – 2027 

The global microscope market size was valued at $1.39 billion in 2019 and is expected to reach $1.64 billion by 2027, growing at a CAGR of 3.2% from 2020 to 2027. An electron microscope is a scientific imaging instrument that utilizes a beam of accelerated electrons as a source of illumination. As the wavelength of an electron can be much shorter than that of visible light photons, electron microscopes provide higher resolving power than light microscopes and can reveal the structure of smaller objects with high-quality imaging. 

microscope-Market-2020-2027

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These microscopes are used in various applications such as precision measuring in nanostructures, molecular imaging, atomic structuring, and bio-technology, among others. Electron microscopes are of various types such as scanning electron microscope, transmission electron microscope, and focused-ion beam, among others.

Microscope Market
By Type

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Scanning Electron Microscope segment is projected to be the most lucrative segment

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The microscope market is segmented on the basis of type, end use, and region. On the basis of type, the market is categorized into scanning electron microscope, transmission electron microscope, focused ion beam, and others. On the basis of end use, it is divided into semiconductor & microelectronics, healthcare, general manufacturing, food processing, construction, and other. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Microscope Market
By End Use

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Semiconductor and Microelectronics segment will dominate the market throughout the forecast period

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Top Impacting Factors

The significant factors impacting the growth of the global microscope sensor market include increased demand of electron microscope in semiconductor & microelectronics, adoption of electron microscopy in the field of healthcare and life-science, and rise in demand due to advancement in electron microscope. Whereas, high initial investment which is a challenge for its adoption in small and medium scale industries hampers the market growth. Whereas, increased R&D activities in the automotive sector is expected to create lucrative opportunity for the microscope market growth. 

Microscope Market
By Geography

2027
North America 
2027
Asia-pacific 
Europe
Lamea

Asia-Pacific region would exhibit the highest CAGR of 3.6% during 2020-2027

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Increased Demand For Electron Microscope in Semiconductor & Microelectronics

Scanning electron microscope is used in the semiconductor industry to inspect quality of components and devices developed as per the standards. Moreover, recent advancement in the electron microscopy techniques has made possible to control structure of devices and components developed at micro-level. Electron microscopes are used to inspect a wide range of application that is from packaged devices to atomic level structure. Therefore, the increased demand in applications for the semiconductor and microelectronics industry drives the market demand. 

Rise in Demand Due to Advancement in Electron Microscope

The advancement in electron microscope by the market players have increased industrial competition. Enhanced features such as higher magnification and low-light high-quality imaging, among other features have increased the market demand. The new product development and product launches elevate electron microscopy and microanalysis solutions that benefit the consumer in the end uses such as healthcare, semiconductor & microelectronics, and assist scientists to gather information more precisely. 

Adoption of Electron Microscopy in the Field of Healthcare and Life Science

Healthcare and life-science have wider laboratory R&D activities. These need higher quality imaging and magnification with less turn-around time. This demand the use of electron microscope. Primarily, the features of electron microscope are exhausted in gathering information about biopsy samples, cells, and microorganisms. Further, the advancement of electron microscope has increased its demand for various healthcare applications such as nano-particle imaging, bio-technology, and molecular structuring, among others. In addition, application of an electron microscope is observed for data storage, material research, and biology & life sciences.

High Initial Investment

Electron microscope is one of the advanced emerging technology and is used in various industries such as automotive, healthcare, aerospace, & others for high resolution. However, high cost of electron microscope due to inbuilt electrons which improves the level of screen with the help of beams and makes images look more realistic is expected to restrain the market growth. In addition, the high investments in initial level restricts initial acceptance of electron microscopes majorly in small and medium scale industries. 

Covid-19 Impact Analysis

The COVID-19 pandemic situation has impacted the world economy, and microscope market is no exception to this. It has hampered the growth of industries globally including semiconductor & microelectronics, general manufacturing, food processing, and construction. The industries have majorly witnessed numerous challenges amidst the novel corona virus outbreak. However, the situation has created opportunity for the healthcare and life-science sector. 

Competitive Analysis

The key players that have a major microscope market share include Angstrom Advanced INC, Hitachi High Technologies, TESCAN GMBH, Thermo Fisher Scientific, Carl ZEISS AG, JEOL LTD., Horiba Ltd., Olympus Corporation, Nikon, and Leica Microsystems, which are profiled in this report. The microscope industry key market players adopt various strategies such as such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration. 

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global microscope market size along with the current microscope market trends and future estimations to depict the imminent investment pockets.
  • The overall microscope market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current microscope market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the microscope market.

Key Market Segments & Key Market Players

Segments Sub-segments
By Type
  • Scanning Electron Microscope
  • Transmission Electron Microscope
  • Focused Ion Beam
  • Others

By End Use
  • Semiconductor & Microelectronics
  • Healthcare
  • General Manufacturing
  • Food Processing
  • Construction
  • Others

By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Market Players
  • ANGSTROM ADVANCED INC
  • HITACHI HIGH-TECH CORPORATION
  • TESCAN ORSAY HOLDING
  • THERMO FISHER SCIENTIFIC, INC
  • OLYMPUS CORPORATION
  • CARL ZEISS AG
  • JEOL LTD.
  • HORIBA LTD.
  • NIKON
  • LEICA-MICROSYSTEMS
 

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Microscope market is expected to leverage great potential for the semiconductor, healthcare and automotive vertical in 2027. Adoption of electron microscope among the end users such as automobile development sectors and industrial sectors is expected to experience a rapid increase. Optical microscopes over the years was challenged by electron microscope as they provide higher magnification and much higher image quality.

According to our estimates, the global microscope market growing at a steady rate. This accounts for all types of electron microscope such as scanning electron microscope, transmission electron microscope, focused ion beam and others.

The key players of the market focus on introducing technologically advanced products to remain competitive in the market. Product launch, product development, partnership and collaboration are expected to be the prominent strategies adopted by the market players. North America accounted for a major share of the market in 2019 owing to major application of electron microscopy in the region; and Asia-Pacific is expected to grow at the highest CAGR, owing to rise in adoption of the market in a variety of fields during the forecast period.

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FREQUENTLY ASKED QUESTIONS?

A. The Global Microscope Market is expected to reach at a CAGR of 3.2% from 2020 to 2027.

A. The Microscope Market is projected to reach $1.64 billion by 2027.

A. To get the latest version of sample report

A. Increased demand of electron microscope in semiconductor & microelectronics, adoption of electron microscopy in the field of healthcare and life-science, and rise in demand due to advancement in electron microscope drive the Microscope market growth.

A. The key players profiled in the report include Angstrom Advanced INC, Hitachi High Technologies, TESCAN GMBH, Thermo Fisher Scientific, Carl ZEISS AG, JEOL LTD., Horiba Ltd., Olympus Corporation, Nikon, and Leica Microsystems.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Microscope Market is segmented on the basis of type, end use, and region.

A. The key growth strategies of Microscope market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

A. Scanning Electron Microscope segment would exhibit the highest CAGR of 3.1% during 2020 - 2027.

A. Semiconductor and Microelectronics segment is projected to be the most lucrative segment.

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