European Microscopy Market 2016-2020

Overview of the European microscopy market

According to the microscopy market analysis, Technavio’s market research analyst predicts that the European microscopy market will grow steadily at a CAGR of more than 6% during the forecast period. Nanotechnology research has witnessed immense growth in Europe over the years. It is the study of particles that are between one to 100 nanometers in size and cannot be studied using optical microscopes. As a result, vendors have introduced advanced microscopes such as scanning probe microscopes and electron microscopes like SEM and TEM that cater to the demand for studying nanoscale objects. The need for better imaging of nanoparticles has created the demand for atomic force microscope products, resulting in investments by government and technology firms in the development of nanotechnology. Through the NNI program, the US has invested more than USD 22 billion in the nanotechnology research program. Similarly, other countries like Japan, China, the UK, and Canada, have also invested significantly in nanotechnology, which will, in turn, drive this market’s growth in the coming years.  

One of the main microscopy industry trends spurring the growth prospects for this market in Europe is the miniaturization of electronic devices by vendors using microelectromechanical systems (MEMSs) and nanoelectromechanical systems (NEMSs) that consume less power. Due to the emergence of miniaturized personal electronic products, semiconductor industries are attempting to incorporate different features, reduce the size of semiconductor wafers, and lower IC power consumption. Furthermore, some companies are using NEMS technology to manufacture paper batteries, which are extensively used in industries like electronics, aerospace, automobile, and healthcare.

Competitive landscape and key vendors

The European microscopy market is highly fragmented due to the presence of several international and regional vendors. The international vendors have a strong hold over the market and compete with the regional vendors in terms of quality and pricing, market reach, and financial resources. The competition will intensify further due to the increase in product extensions, product innovations, and M&A. The international vendors in the market are trying to acquire regional or local players. To gain maximum market shares, many international vendors are introducing innovative and advanced microscopy devices on the market. To survive in this stiff competition, small vendors have to develop new products and stay well-informed of the emerging market trends that have a bearing on their product lines.

Key vendors in the market are 

• Carl Zeiss
• FEI
• Leica
• Nikon

Other prominent vendors in the market are Asylum Research, Bruker, Danish Micro Engineering, Delong America, DELMIC, Hitachi, Jeol, Keysight Technologies, Olympus Corporation, Phenom-World, Siemens, Sigma-Aldrich, TESCAN, WITec, Vision Engineering, and Yancy.

Product segmentation and analysis of the microscopy market in Europe

• Electron microscope
• Optical microscope
• SPM microscope

According to this market study, the electron microscope segment will lead the market with a total market share of nearly 40% by 2020. Electron microscopes have a high-resolution power, and with the growing miniaturization of samples, this segment is likely to gain significant traction in the market. Moreover, in Europe, the rising demand for manufacturing firms to introduce high-quality and durable electron microscope devices has led to higher investment in root-cause failure analysis, contributing to the growth of this market segment.

Segmentation by application and analysis of the microscopy market in Europe

• Life science
• Material science
• Nanotechnology
• Semiconductor

During 2015, the semiconductor segment dominated the European microscopy market and accounted for a total market share of more than 30% in terms of revenue. The microscopy market in Europe for the semiconductor segment will grow during the forecast period due to the demand for advanced microscopes such as SEM and TEM. These devices are widely used for the analysis, development, and production of semiconductors, such as silicon chips for computers and other electronic devices.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the European microscopy market?
• What are the key market trends impacting the growth of the European microscopy market?
• What are the challenges to market growth?
• Who are the key vendors in the European microscopy market?
• What are the market opportunities and threats faced by the vendors in the European microscopy market?
• Trending factors influencing the market shares in Europe.
• What are the key outcomes of the five forces analysis of the European microscopy market?

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