Scanning Electron Microscope Market Overview:
Worldwide scanning electron microscope market volume was valued at 1267.399 million US dollars in year 2014. Increasing demand for nanotechnology based research and rising innovation in research and development fields are estimated to serve as main growth drivers of scanning electron microscope market.
Increase in utility of these items by cell biologists for live-cell imaging, extensive use in growing nanotechnology based items and increasing innovation in R & D is predicted to drive the demand for these items. For example, the national nanotechnology network collaborates with the research services carried out by the institutes universally and is responsible for its systematic demonstration.
These equipments are daily used to examine different configurations along with identification of the parts in different business sectors like pharmaceuticals sector, electronics sector, automobile industry, semiconductor industry and metal industry. Increasing application of scanning electron microscope in pharmaceutical industry, electronics market and semiconductor sector is expected to fuel the growth of scanning electron microscope market during the projected time span.
Scanning Electron Microscope Market By End Use :
Main end use sections are analyzed in the scanning electron microscope market that encompass steel, metal, automobile, pharmaceutical, semiconductor and electronics. Automobile sector is likely to expand at a rapid CAGR rate of eleven percent during the estimated time span due to its high function in surface observation, failure examination of non metallic and metallic components, film thickness examination, coating analysis and fractography.
Pharmaceutical industry dominated the overall market section in terms of revenue in year 2014 at rate of 30.299%. Growing occurrence of chronic ailments leading to rise in R&D expenses and demand for digital microscope in the area of medicines and life sciences are some of the aspects contributing to its large market share. Further, extensive use of scanning electron microscopes in chemical analysis, recipients, quality assurance, and morphological studies of application program interfaces and ready formulations are predicted to drive the demand of scanning electron microscope market.
Scanning Electron Microscope Market By Region:
APEC region contributed to about thirty eight percentage of total revenue in year 2014 thereby dominating the scanning electron microscope market. Scanning electron microscope experienced fast growth in fields like nanotechnology, semiconductor, pharmaceutical and automobile. Rising demand for modernized as well as upgraded scanning electron microscope for gathering large amount of information useful in research study is predicted to stimulate the growth of scanning electronic microscope market in Latin America.
The total revenue of region of Latin America is estimated to grow the CAGR rate of 11 % during the estimated period. As per the US national nanotechnology survey, capital investment in nanotechnology witnessed a growth of sixty five billion US dollars in year 2011. Countries like USA, Russia and China were the leading investors in the arena of nanotechnology in year 2011 from among which the largest business expenditure was done by China.
Competitive Landscape:
Key producers of the scanning electron microscopes are Olympus Corporation, Carl Zeiss, Hitachi High Tech Corporation, Bruker Corporation and Leica Microsystems.
The recent extremely accepted strategy by all the key market participants is large scale of capital investment in R& D business of scanning electron microscopes along with mergers & acquisitions as well as new product launches. Distribution channels of scanning electron microscope market are the directly supply chain agreement made between end users and producers of scanning electron microscope equipment.