May 14, 2024
Electron Microscope Market

Global Electron Microscope Market Is Growing Exponentially Due To Advancements In Semiconductors Industry

The global electron microscope market has witnessed significant growth over the past few years owing to the growing demand for advanced microscopy techniques from various end-use industries such as semiconductors, healthcare life sciences, material sciences, nanotechnology, and others. Electron microscopes provide high-resolution images at nano level and are utilized for quality control and inspection processes during manufacturing. Key features of electron microscopes include high magnification, large depth of field, higher resolving power, and ability to produce three-dimensional images of samples at nano scale. The technological advancements in scanning electron microscopes (SEMs) such as field emission electron source that provides low voltage imaging without charging artifacts is further augmenting the market growth.

The Global Electron Microscope Market is estimated to be valued at US$ 2.87 billion in 2024 and is expected to exhibit a CAGR of 9.5% over the forecast period from 2024 to 2031.

The growth of the Global Electron Microscope Market Analysis is mainly attributed to the significant rise in semiconductor industry across the globe and increasing need for advanced inspection and quality control equipment during the manufacturing process. Electron microscopes help analyze microstructures and detect defects at atomic levels thus ensuring product quality. Furthermore, technological advancements and integration of new features like spectroscopy, cryogenic capabilities and correlative microscopy in electron microscopes have augmented their adoption across various sectors.

Key Takeaways

Key players operating in the global electron microscope market are Carl Zeiss AG, Hitachi High-Technologies Corporation, Advantest Corporation, JEOL Ltd., Nikon Instruments, Inc., tescan orsay holding, a.s., Oxford Instruments plc, Bruker Corporation, Thermo Fisher Scientific, Inc., and Delong Instruments AS. These players are focusing on new product launches and enhancements to gain competitive advantage.
The demand for electron microscopes is growing significantly from healthcare and life sciences sector due to wide applications in pathology and drug discovery. Rising aging population leading to increase in chronic diseases is further expected to augment market growth.
Geographically, the Asia Pacific region dominates the global market and is estimated to grow at highest CAGR during the forecast period. This is attributed to presence of key manufacturers, growing electronics industry and increasing research activities in the region.

Market Key Trends

One of the key trend observed in the global electron microscope market is continuous advancements in imaging capabilities and resolution. Major players are focusing on developing microscopes with higher magnification and resolution capabilities for better sample imaging at atomic and molecular levels. Recently, Carl Zeiss announced the launch of new Cryo and Watson series of electron microscopes with highest resolution of 50 pm. Such technological advancement will further expand application scope of electron microscopes.

Porter’s Analysis

Threat of new entrants: Electron microscopes require high capital and expertise to operate.

Bargaining power of buyers: Buyers have moderate bargaining power due to availability of several manufacturers.

Bargaining power of suppliers: Suppliers have low to moderate bargaining power as electron microscope components are available from multiple sources.

Threat of new substitutes: Electron microscopes face moderate threat from new substituting technologies like atomic force microscopy.

Competitive rivalry: Intense competition exists among major players due to their global presence and constant new product launches.

Geographical Regions

North America is currently leading the global electron microscope market in terms of value due to increased R&D spending and presence of major players in the region. Asia Pacific is expected to witness the fastest growth during the forecast period owing to rising electronics industry and growing life sciences sector in emerging nations like China and India.

Geographical Regions

Europe and Japan also hold significant shares in the global market. In Europe, countries like Germany, UK and France are major contributors due to presence of major research institutes. However, the market is witnessing comparatively slower growth due to saturation. The Middle East and Latin America are projected to provide lucrative opportunities for market players during the forecast period supported by increasing healthcare and industrial research spending in the regions.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it.