Variant
Market Research forecasted that the global focused ion beam (FIB) market is
forecasted to reach $530 million by 2024 from $312 million in 2016; growing at
a CAGR of 6.8% from 2016 to 2024. There are the several driving factors of the
market such as high demand for ion beam lithography, expanding ion focus beam
systems applications and rising demand for failure analysis devices. However, high
cost of focused ion beam systems may restrain the growth of the market.
Furthermore, increasing R&D on product innovations are the major
opportunities of the market.
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Key
segments of the global focused ion beam (FIB) market are beam sources,
application, and geography. Gallium, iridium, gold and others are the key sub
segments of the product type segment. In 2016, gallium sub segment has highest
market share and iridium is expected to dominate the segment during the
forecast period 2016-2024. Moreover, application segment has been segmented
into sample preparation, nanofabrication and others.
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North
America, Europe, Asia-Pacific and rest of the world are the major geographical
sub segment of the global focused ion beam (FIB) market. In 2016, European
region accounted for the highest market share of 37.1%, owning to increase in
adoption of focused ion beam microscopes in the field of material science.
Additionally, Asia-Pacific is predicted to grow at the highest CAGR of 7.5%
during 2016-2024, driven by high concentration of semiconductor industries in
emerging economies.
The
market players have been adopting several strategies to increase their product
portfolio and geographical presence. The key market players in the focused ion
beam (FIB) market are JEOL Ltd., Hitachi High-Technologies Corp., Fibics
Incorporated, FEI, Carl Zeiss AG, Evans Analytical Group, ZEROK Nanotech, Evans
Analytical Group, TESCAN ORSAY HOLDING a.s., Thermo Fisher Scientific Inc, and
Raith GmbH, among others.
For information,
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