Global Electron Probe Microanalyzers demand is projected to be valued at US$ 227 Million in 2022, forecast to grow at a CAGR of 4.02% to be valued at US$ 350 Million from 2022 to 2032. Growth is attributed to the rising demand for renovation projects and development in residential and commercial construction.
| Report Attribute | Details |
| Estimated Base Year Value (2021) | US$ 227 Million |
| Expected Market Value (2022) | US$ 236 Billion |
| Anticipated Forecast Value (2032) | US$ 350 Billion |
| Projected Growth Rate (2022-2032) | 4.02 % CAGR |
Electron Probe Microanalyzers is a non-destructive analyzing method for micron-sized volumes of elements with sensitivity at the level of ppm. Since its development in the 1950s, diverse instrumental and analytical advances have been made with the objective of cultivating the capabilities of the technique. EPMA has used crystal diffraction with gas detectors (wavelength-dispersive spectrometers, WDS) and/or solid-state detectors (energy-dispersive spectrometers, EDS) to gauge characteristic X-rays produced by an electron beam.
Electron Probe Microanalyzers are useful in micro-analyzing multiple elements in metallurgy and geological samples. Apart from these applications, Electron Probe Microanalyzers are also useful in environmental studies.
Electron Probe Microanalyzers have the capacity to deliver analytical results with high analytical precision and accuracy. Electron Probe Microanalyzers prove to be useful in characterization techniques for steels owing to their ability to provide quantitative chemical analyses results on a micrometer to nanometer scale. This further creates a need for Electron Probe Microanalyzers with emerging markets of high strength and Advanced High Strength Steel. Another growth driving factor in the market is attributed to the stringent quality control requirements across different industrial sectors ranging from environmental to chemical, electronics, and concrete applications.
The rising need for robust, consistent, precise, and stable analytical systems is driving the market growth for Electron Probe Microanalyzers. Furthermore, the rising industrial output post the global economic recession accompanied by the need for high-performance metals like advanced high-strength steel supports the market growth for Electron Probe Microanalyzers.
One of the crucial growth restraining factors of the Electron Probe Microanalyzers market is its high costs. Costs for Electron Probe Microanalyzers are very high as compared to their close competitors Scanning electron microscopes and are also considered highly specialized x-ray spectrographs.
Owing to the augmented boom in concrete technology and material sciences in Asian countries like China & India, there has been amplified demand for electron probe microanalyzers to improve their analytical performance. Several key players are making hefty investments in the EPM market to enhance its effectiveness which is also a crucial factor to drive the growth of the market.
The demand for Electron Probe Microanalyzers is growing rapidly across Europe. This market growth is driven by the stringent quality control requirements through diverse industrial sectors, approval of EPMA, and soaring analytical precision and precision are generating a plethora of growth opportunities in the region.
The Europe region recorded considerable growth in the electron probe microanalyzer (EPMA) market owing to increasing industrial output, the necessity for precise quantitative analysis and imaging in metals, glass, ceramic, and advanced high strength steel.
North America is estimated to account for the majority share of global Electron Probe Microanalyzers consumption. The presence of technology giants in the region reinforces the consumption of Electron Probe Microanalyzers.
Owing to the increasing consumption of electronics equipment in the region, the demand for semiconductor chips is increasing constantly being an important component in the manufacturing of such equipment. Thus, in turn, the demand for electron probe microanalyzers is also likely to upsurge throughout the forecast period in the region.
Some of the key participants present in the global demand for Electron Probe Microanalyzers market include Shimadzu Corporation, CAMECA, JEOL Ltd., and IHI Inspection & Instrumentation., among others.
Shimadzu Corporation has recently launched a Grand EPMA With a Cutting-Edge FE Electron Optical System which offers exceptional analytical performance and unprecedented spatial resolution under all beam current conditions, from SEM observation conditions up to 1 μA order.
| Report Attribute | Details |
| Growth Rate | CAGR of 4.01 % from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2016-2021 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
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| Customization | Available Upon Request |
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FMI projects the global demand of the Electron Probe Microanalyzers market to expand at a 4.01% value CAGR by 2032
North America is expected to be the most opportunistic Electron Probe Microanalyzers market
Shimadzu Corporation, CAMECA, JEOL Ltd., and IHI Inspection & Instrumentation., among others.
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Electron Probe Microanalyzers (EPMA) Market
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