Dublin, April 19, 2023 (GLOBE NEWSWIRE) -- The "Failure Analysis Equipment Market, By equipment, By technology, By end-use, By Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.

This report provides an in-depth analysis of the global failure analysis equipment market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.

Company Profiles

Failure analysis is the approach taken to determine how and why equipment or a component is not working in the desired manner. Some of the common causes include assembly error, misuse, fastener failure, inadequate maintenance, manufacturing defects, low-quality material, improper heat treatments, unforeseen operating conditions, design errors, insufficient quality assurance, inadequate environmental protection, and casting discontinuities.

Failure analysis equipment finds applications in a number of end-use segments namely semiconductors manufacturing, fiber optics, bio-medical and life sciences, polymers, metallurgy and nanotechnology, and nanomaterials.

The adoption of failure analysis equipment is expected to increase over the forecast period owing to increase in its demand in the electronics and semiconductor industry. In the recent past, increase in demand of nanoelectronics, quantum dots, miniature transistor chips is driving the failure analysis equipment market growth in the electronics and semiconductor industry.

Furthermore, electronics and semiconductor market is rapidly growing. For instance, according to the analyst's global semiconductor industry is expected to reach 732.4 billion by 2026. Thus rapidly growing semiconductor industry is expected positively impact the growth of global failure analysis equipment market.

Failure analysis equipment offer effective way to increase production efficiency by pin pointing errors in the manufacturing process. However, implementation of this system is expensive and requires high initial investment. System operators need to provide adequate training and knowledge regarding the equipment, which is time and money consuming.

Key features of the study:

Key Attributes:

Report AttributeDetails
No. of Pages130
Forecast Period2021 - 2030
Estimated Market Value (USD) in 2021$8388.9 Million
Forecasted Market Value (USD) by 2030$18183.81 Million
Compound Annual Growth Rate8.9%
Regions CoveredGlobal

Detailed Segmentation:

Global Failure Analysis Equipment Market, By Product Type:

Global Failure Analysis Equipment Market, By Function:

Global Failure Analysis Equipment Market, By End Use:

Global Failure Analysis Equipment Market, By Region:

For more information about this report visit https://www.researchandmarkets.com/r/p3m70r

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