The scanning electron microscope market share will post an incremental growth of USD 727.6 million, progressing at a CAGR of 7.82% during the forecast period. The increasing focus on nanotechnology will offer immense growth opportunities to market vendors. The scanning electron microscope market is fragmented, and the vendors are deploying growth strategies such as low-pricing strategies and strengthening the local customer base to compete in the market.
Technavio’s report on “Scanning Electron Microscope Market by End-user and Geography - Forecast and Analysis 2020-2024” provides a detailed analysis of the prevalent market forces, trends, and challenges likely to impact the market in focus.
The scanning electron microscope market is segmented by end-user (semiconductors, life sciences, material sciences, and nanotechnology) and geography (APAC, North America, Europe, MEA, and South America).
The growth of the scanning electron microscope market size in the semiconductors segment will be significant during the forecast period. The rising production of semiconductors will drive the scanning electron microscope market growth in APAC. 55% of the market's growth will originate from APAC during the forecast period. China, India, South Korea, and Taiwan are the key markets for the scanning electron microscope market in APAC.
The increasing focus on nanotechnology will directly influence the sales of the scanning electron microscope market . In addition, the increased demand for LVEMs is one of the major scanning electron microscopes market trends that will positively impact the market growth. However, high product costs will hamper the scanning electron microscope market growth.
The market is fragmented due to the presence of several players. Some of the major scanning electron microscope market vendors are Advantest Corp., Carl Zeiss AG, Danaher Corp., DELONG INSTRUMENTS AS, Hitachi High-Technologies Corp., JEOL Ltd., Keysight Technologies Inc., Nikon Corp., TESCAN ORSAY HOLDING AS, and Thermo Fisher Scientific Inc.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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Precise market size estimation during the forecast period 2020-2024.
CAGR of the scanning electron microscope market forecast during 2020-2024.
Market-level data on units, average selling prices, and values of the scanning electron microscope market share.
Prediction on the upcoming trends, drivers, and factors that challenge the growth of the scanning electron microscope market .
Scanning electron microscope industry growth across APAC, North America, Europe, MEA, and South America.
