The global electron microscope market comprises electron microscopes that enhance the view of an object through electromagnetic lenses rather than optical lenses. Electron microscopes use a beam of electrons focused by electromagnetic systems to do magnify microscopic specimens by up to two million times. Advantages of electron microscopes over optical microscopes are their significantly higher resolving power and greater depth of field. The equipment finds application across various industries like life sciences, material sciences, and semiconductor. Growing requirement for failure analysis and quality control in the semiconductor industry will drive growth of electron microscopes.
Key Takeaways
Key players operating in the Global Electron Microscope market are Carl Zeiss AG, Hitachi High-Technologies Corporation, Advantest Corporation, JEOL Ltd., Nikon Instruments, Inc., tescan orsay holding, a.s., Oxford Instruments plc, Bruker Corporation, Thermo Fisher Scientific, Inc., and Delong Instruments AS. Major players are focusing on developing technologically advanced and portable electron microscopes to expand their market share.
The Global Electron Microscope Market Size demand is growing for nanotechnology applications across industries like healthcare and electronics is propelling the electron microscope market. Miniaturization of electronic components requires high resolution microscope for failure analysis and quality inspection. Furthermore, rising R&D investments in life sciences for drug discovery and nanomedicine will augment the demand.
Technological advancement such as development of field-emission electron source (FEG) instead of thermoionic filaments resulted in higher resolution and brightness of electron beams. Introduction of new scanning techniques like helium ion and cryo-electron microscopy further improved resolution capabilities.
Market Trends
The market is witnessing a trend of development of table-top and portable electron microscopes. Major players are focusing on manufacturing compact devices to enable on-site failure analysis and quality inspection. Secondly, integration of artificial intelligence capabilities for automated sample identification and defect detection is gaining traction in the market.
Market Opportunities
Rising government investments in life science research especially in emerging economies present significant growth opportunities. Secondly, increasing collaboration between microscope manufacturers and end-use industries will facilitate co-development and further adoption of the technology.
Impact of COVID-19 on Global Electron Microscope Market
The ongoing COVID-19 pandemic has significantly impacted the growth of the global electron microscope market. During the initial phases of the outbreak, production facilities and manufacturing units across major regions were temporarily shut down due to lockdown restrictions imposed by governments. This led to disruptions in the global supply chain and shortage of raw materials. The demand for electron microscopes also witnessed a steep decline as research activities and new infrastructure development projects were put on hold.
However, with time, the market is anticipated to recover at a steady pace as the priority has now shifted to conducting intensive research for developing effective vaccines and therapeutics for combating the virus. Electron microscopes play a critical role in analyzing viral samples at nano scale and understanding the pathogen's structure and behavior. The increasing investments by governments and private entities towards vaccine development programs are likely to boost the adoption of advanced microscopy tools in the coming years. Several market players have also started developing high-resolution microscopes specifically designed for SARS-CoV-2 research. The impact of the pandemic is expected to accelerate technological advancements in the field of electron microscopy.
Geographical Regions with High Market Concentration
Currently, in terms of value, North America dominates the global electron microscope market and accounts for over 35% of the overall shipments. Majority of the technologically advanced research institutes and pharmaceutical companies are located in countries like the US and Canada which drives significant demand. Asia Pacific is the fastest growing regional market supported by increasing R&D expenditures, expanding biotech sector and favorable government policies promoting scientific innovation in countries such as China, Japan and South Korea. Europe holds the third position in the global electron microscope industry backed by presence of top microscope manufacturers and strong academic research base.
Fastest Growing Regional Market
Asia Pacific region is poised to witness the highest growth in the global electron microscope market during the forecast period. Rising investments towards development of life sciences infrastructure, growing biomedical industry and focus on nanotechnology are the key factors propelling market expansion in the region. Furthermore, governments of various APAC nations are undertaking initiatives to support indigenous manufacturing of scientific instruments. This has encouraged international brands to establish manufacturing facilities and transfer new technologies to countries like China and India, making electron microscopes more affordable. The massive potential offered by the untapped markets in Southeast Asia and expansion of private research centers will further accelerate the APAC market's growth pace in the upcoming years.
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Global Electron Microscope Market
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