Failure Analysis Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast (2013 – 2019) Failure analysis is the process of analyzing the cause of device failure by physical or chemical techniques. Failure analysis equipments are used in manufacturing industry where equipments play an important role in new product development and also improvement in the existing products. The whole process comprises of wide range of methods such as spectroscopy, nondestructive testing and microscopy for the subsequent examination of failed components. Nondestructive testing method (NDT) is the most preferred method because during the analysis failed products remain unaffected; thereby analysis is done using these methods.
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The global market for failure equipment devices market is growing with the boom in semiconductors, life sciences and biomedicine industry. The failure analysis equipment market is categorized on the basis of various types of equipments and end users. These equipments are as follows secondary ion mass spectroscopy, broad ion milling, energy dispersive x-ray spectroscopy, reactive ion etching, ion milling, focused ion beam and chemical mechanical polarization.
The failure analysis equipments are also categorized on the basis of their usage in different markets such as semiconductors and data storage, thin film transistors, fiber optics, ceramics, metallurgy, polymers, bio-medical and life sciences, nanotechnology and nanomaterials and polymers markets.
The failure analysis equipment market is captured by large organizations that offer wide range of products. The companies have global network of sales and distribution channels for the distribution of their products. Till now companies have mainly provided services to semiconductors and data storage market but, for further uplifting the growth of the company large organizations are strategically investing on research and development. The company’s are spending towards LED and solar markets which are poised to have significant growth in near future. Additionally, market such as petrochemicals, forensics and mining are also being identified as potential market in the near future. Failure analysis equipment device market is dominated by large organizations such as Hitachi, Ltd., JEOL, Ltd., Carl Zeiss SMT and EI Company.