The global focused ion beam market was estimated USD 68.75 billion in 2014 and is expected to reach USD 130.03 billion by 2023, registering a compound annual growth rate of 7.34%. Focused ion beam is a technique specifically used for ablation of materials, sit-specific analysis and for deposition. It is a kind of setup which simulates the scanning electron microscope and due to this it has high growing potential in the market. There is demand for this product in the fields of material science, semiconductor industry and in biotechnology industry. The market has growing opportunities because of the development of new ions sources. The major factor which has restrained the growth of the market is the cost for developing the equipment.
Source Outlook and Trend Analysis:
Based on the sources of focused ion beam the market is categorized into iridium, gold, gallium and others. The gallium market has acquired the largest share from the overall market and will continue to grow at a significant compound annual growth rate. The major factors such as low surface energy, low melting point, and excellent mechanical and electrical properties are the reasons for the growth of this segment. Iridium segment has the second largest market. The other sources market such as gold will grow at a steady pace over the forecast period.
Application Outlook and Trend Analysis:
On the basis of application the focused ion beam market is segregated into semiconductors fabrication, nanofabrication, sample preparation and others. The sample preparation market has acquired the largest share from the overall market and will continue to grow at a compound annual growth rate of XX%. The nanofabrication and semiconductor fabrication market acquires the second largest market. Due to rise in nano scale structure fabrication which is one of the key factors the growth.
Regional Outlook and Trend Analysis:
Europe has been the dominating region for the focused ion market and will continue to grow at a considerable compound annual growth rate over the forecast period. The rising adoption of focused ion beam based microscope and ion beam lithography in this region are the key factors for the growth of the market. On the other hand regions such as North-America and Asia-Pacific will witness significant growth in the near future due to rise in semiconductors manufacturer in this region.
Competition Outlook and Trend Analysis:
The leading competitors in the global focused ion beam market are Thermo Fisher Scientific Inc., Hitachi High-Technologies Corporation, Fibics Incorporated, Tescan, FEI, NanoLab, Carl Zeiss AG, Evans Analytical Group, ZEROK Nanotech, and Waters.
The Focused Ion Beam Market is segmented based on:
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East and Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?