Failure analysis market is anticipated to grow at a considerable CAGR of 8.3% during the forecast period (2024-2031). Failure analysis helps in determining the most fundamental reason which caused the failure. By failure analysis, the root cause can be eliminated and can also prevent its recurrences.
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Failure analysis techniques are crucial for the identification of flaws in both new and old devices in a variety of industries. Government safety laws, strong quality control standards, and demanding product usage criteria are driving up demand for failure analysis technology. In December 2023, areport was released by the World Health Organization (WHO)that approximately 1.19 million people die each year as a result of road traffic crashes. One of the major reasons for accidents is due to unsafe vehicles and human error. To overcome failure in technical industry, some standards are developed and published under the supervision of regulatory organizations in several nations. These regulations will help in minimizing such fata accidents caused by failure of equipment.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Failure Analysis Market by Technology
- Secondary ION Mass Spectrometry (SIMS)
- Energy Dispersive X-ray Spectroscopy (EDX)
- Chemical Mechanical Planarization (CMP)
- Scanning Probe Microscopy (SPM)
- Focused Ion Beam(FIB)
- Broad Ion Milling (BIM)
- Reactive Ion Etching (RIE)
Global Failure Analysis Market by Equipment
- Scanning Electron Microscope (SEM)
- Focused Ion Beam (FIB) System
- Transmission Electron Microscope (TEM)
- Dual Beam System
Global Failure Analysis Market by Application
- Electronics and Semiconductor
- Industrial Science
- Material Science
- Bioscience
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Applied Technical Services Inc.
- CoreTest Technologies
- Crane Engineering
- EAG Business Holdings Inc.
- Exponent Inc.
- Hitachi High-Tech Corp.
- Intertek Group PLC
- JEOL Ltd.
- McDowell Owens Engineering Inc.
- Motion X Corp.
- NanoScope Services Ltd.
- Presto Engineering
- Quick & Associates Forensic Engineers
- Rood Microtec
- Semilab Inc.
- TEC Materials Testing
- Tescan Group AS
- Thermo Fisher Scientific Inc.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global failure analysis market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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