Scanning Electron Microscope Market to 2027 - Analysis by Driving Factors with Leading Players

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Scanning Electron Microscope Market Study by
Application, Segmentation and Regional Outlook to
2027

• Technological advancements in developing
  microscopes with high integration and resolution
  power have spurred the demand for scanning
  electron microscopes (SEM). These microscopes are
  primarily utilized for quality control, failure
  analysis and research in material sciences. These
  capabilities make them useful in sectors like
  forensic sciences and semiconductors, resulting
  in increased production of low-cost materials.
• As per a report by Global Market Insights Inc.,
  the scanning electron microscope market size is
  predicted to surpass USD 4.1 billion by the end
  of 2027.
• Research and development investments in life
  science and semiconductor industries have boosted
  the market growth. To support this statement with
  an instance, Creating Helpful Incentives to
  Produce Semiconductors (CHIPS) for America Act
  funded over USD 3 billion to NSF in the United
  States.

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• The National Semiconductor Technology Center was
  created for research and development with the
  financial assistance of USD 3 billion for over a
  decade. The COVID-19 pandemic has also
  accelerated the process of developing advanced
  equipment that delivers effective therapeutic
  treatment. These aforementioned factors will
  significantly contribute to the proliferation of
  the market.

• Surging biopharmaceutical industry is providing
  an impetus for the life sciences segment growth.
  This segment held a revenue share of around USD
  680 million in 2020. Companies are conducting
  thorough researches for developing advanced
  biologicals and therapeutics. The development
  process is also aided by topological and
  morphological studies. Such a crucial role of
  microscopy technologies in the development of
  biological products to spur the demand for
  scanning electron microscopes.

• When it comes to types of microscopes,
  Conventional SEMs will experience a commendable
  rise in demand. In fact, the segment is set to
  record a CAGR of 6.5 in the coming years. The
  growth is attributed to the developments in
  conventional microscopes which further provide
  enhanced features. It helps in characterizing
  nanostructures like fractures, grain boundaries,
  corrosion and grains, further helping in detailed
  sample studies and simplifying processes. Even
  though conventional scanning electron microscopes
  carry so many benefits, their higher cost may
  hamper the demand in the near future.

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• Regional Analysis

• Speaking of which, the U.S. government is heavily
  investing in research and development activities
  that has fueled the usage of novel microscopic
  devices. In fact, the 2020 financial budget has
  allotted over USD 134 billion for research and
  development. These funds were essential as the
  production costs of SEMs are high. Many leaders
  in SEM manufacturing are based in the U.S. and
  their growing emphasis on business expansion
  propels the market demand in the country. Such a
  strong industrial presence has prompted
  government bodies to assign more funds for
  research in this sector. The aforementioned
  factors are significantly fueling the growth
  numbers of the scanning electron microscope
  market.

• Competitive Analysis

• Some of the major players of the scanning
  electron microscope market are Hitachi High-Tech,
  FEI, Carl Zeiss, JEOL Ltd. among others. Many key
  manufacturers are devising strategies with
  collaborations and partnerships for strengthening
  their market position. JEOL Ltd. launched their
  new SEM, the JSM-IT700HR in August 2020. These
  product announcements help these players in
  expanding their business operations across the
  world.

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