Scanning Electron Microscope Market | Regional Growth Forecast 2021-2027

Ongoing trends in research and development activities in the pharmaceuticals industries have massively propelled the demand for scanning electron microscope in the overall healthcare and medical devices industry.
On this note, it would be imperative to mention that the global scanning electron microscope market would surpass a valuation of USD 4.1 billion over the span of 2021 to 2027.
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The demand for these instruments is massively driven by product improvements and innovations. Recently, a classic pioneer in providing scientific instrumentation and consumables- Thermo Fisher Scientific, has announced the launch of a plasma focused ion beam scanning electron microscope. Labelled, the Thermo Scientific Helios 5 PXL PFIB Wafer DualBeam, the SEM is deemed to decrease the time-to-data from days to hours for aligned through-stack metrology and authentication of high-aspect ratio structures. Besides, the significance of SEM in R&D in life sciences, forensics, and semiconductor industries in a bid to attain profitability in production with development of relatively cheaper materials would further impel the market dynamics in the due course of time.
Rising funding in research and development activities in the semiconductor industry is touted to offer a lucrative ground for the SEM market players and other organizations to carve a profitable niche in the years to come. For instance, CHIPS for America Act has offered a grant of USD 3 billion to the National Science Foundation in the States. In line with this, it has also established a National Semiconductor Technology Center for research and development with the private sector offering over $3 billion for more than 10 years.
Developments in conventional microscopes offering improved features are expected to continue to fuel the demand for these over the forthcoming years. In fact, estimates claim that the conventional SEMs segment across the overall scanning electron microscopes market would depict a growth rate of 6.5% through 2027, given the product’s intrinsic features and advantages including its provision of delivering instructive data for characterization of nanostructures. It helps further processes by allowing sample studies and simplifying the process for researchers and scientists. However, one of the limitations associated with the use of these SEMs is their higher costs.
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Significant federal research funding for research and development activities in the United States has dramatically called in for the need for effective scanning electron microscopes. Industry experts suggest that the US SEM market would exhibit a CAGR of 6.2% over the stipulated time frame, given the thriving semiconductor industry in the region. Not to mention, the rising penetrating of leading SEM manufacturers in the region and their focus on product development has as well complemented the burgeoning graph of the U.S scanning electron microscope market.
Some of the eminent industry players in the global scanning electron microscopes business space are Thermo Fisher Scientific, Carl Zeiss, Hitachi High-Technologies, JEOL Ltd., Hirox Europe, and SEC amongst others. These companies have been implementing vivid strategies such as partnerships, alliances, and collaborations to gain a competitive advantage in the global market. To illustrate, JEOL Ltd. had in August 2020, announced the launch of a new scanning electron microscope- JSM IT700HR. Such product launch is expected to lead to business expansion and stimulate its revenue growth.
Partial Chapter of the Table of Content
Chapter 2   Executive Summary
2.1    Scanning electron microscope industry 3600 synopsis, 2016 – 2027 (USD Million)
2.1.1    Business trends
2.1.2    Type trends
2.1.3    End-use
2.1.4    Regional trends
Chapter 3   Scanning Electron Microscope Industry Insights
3.1    Industry segmentation
3.2    Industry landscape, 2016- 2027 (USD Million)
3.3    Industry impact forces
3.3.1    Growth drivers
3.3.1.1    Technological advancements in scanning electron microscopes
3.3.1.2    Favourable funding for R&D
3.3.1.3    Rising Focus on nanotechnology and life science
3.3.2    Industry pitfalls and challenges
3.3.2.1    High cost of scanning electron microscope
3.3.2.2    Dearth of skilled professionals in emerging nations
3.4    Growth potential analysis
3.4.1    By type
3.4.2    By end-use
3.5    COVID-19 impact analysis
3.6    Technology landscape
3.7    Porter’s analysis
3.8    Competitive landscape, 2020
3.8.1    Company matrix analysis, 2020
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