North America failure analysis market is expected to have the largest revenue share in 2015 followed by other regions.
New York City, NY -- (SBWIRE) -- 04/21/2017 -- Global Failure Analysis Market: Introduction
Failure is coined as loss of functional integrity of a system, or program which leads to loss of economy, resources or even life. When there is a failure of product, process or system, it is important to know the cause of the problem and the process how to implement the solution. Failure analysis refers to the method of collection of data and analyzing it to detect the cause of failure. It is a technical approach to decide why and where the fault lies that is not letting the system to function appropriately.
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Failure analysis is critical to industries, while manufacturing products or the process used to develop or design a product. Failure analysis is application to various industries including manufacturing, energy and utility, healthcare and others. It is important to determine the root cause of the manufacturing issue for which there is a complication in production.
Global Failure Analysis Market: Market Drivers and Challenges
Increased awareness among the people regarding the quality of product or solutions being offered to them is enabling organizations to implement failure analysis to their manufacturing facilities. Technological and industrial advancements is allowing organizations to cut cost in the production by monitoring the nature of the products to be produced well in advance even before the product is manufactured. These factors enables adoption of failure analysis equipment among various vendors encouraging the growth in revenue of global failure analysis market
However, complexity in implementation of the equipment of failure analysis is one of the prime factors impacting negatively to the growth in revenue of global failure analysis market. Few other restraint hindering the growth of the global failure analysis market are high cost of implementation, and the maintenance cost is also remarkably high.
Global Failure Analysis Market: Segmentation
Global failure analysis market is segmented into equipment type, technology, application industry, customer and region.
On the basis of equipment type, the global failure analysis market can be segmented into scanning electron microscope (SEM), transmission electron microscope (TEM), focused icon beam systems (FIB), dual beam system and others.
On the basis of technology, the global failure analysis market can be segmented into transmission electron technology, scanning electron microscopy, scanning transmission electron microscopy technology, X-ray microscopy technology, nanoprobing technology, laser voltage, imaging technology, focused ion beam technology, broad ion milling technology, secondary ion mass spectroscopy technology, energy dispersive x-ray spectroscopy technology, reactive ion etching technology, chemical mechanical polishing/planarization (CMP) technology
On the basis of application industry, the global failure analysis market can be segmented into energy and utility, manufacturing, defence and aerospace, semiconductors and others
On the basis of customers, the global failure analysis market can be segmented into fab FA labs customers, fabless FA labs customers, specialty labs customers, and other customers
Global Failure Analysis Market: Regional Outlook
On the basis of regions, the global failure analysis market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, and Middle East and Africa.
North America failure analysis market is expected to have the largest revenue share in 2015 followed by other regions. Asia Pacific excluding Japan is the regions expected to have the maximum potential owing to the urbanization and industrialization in countries such as India and others. Latin America and Middle East and Africa regions are expected to experience positive growth during the forecast period.
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Global Failure Analysis Market: Competition Landscape
Key player in the global failure analysis market include FEI Company, JEOL Ltd., Hitachi High-Technologies, DCG Systems, Carl Zeiss SMT AG, Thermo Fisher Scientific Inc., Intertek Group PLC, Exova Group PLC Raytheon Company and EAG Inc.