Industrial Microscope Market size was valued at USD 1399 million in 2022 and is expected to grow to USD 2212.38 million by 2030 and grow at a CAGR of 5.9% over the forecast period of 2023-2030.
Electron microscopy examines the fundamental structures of nanoscale materials using electron beams. These microscopes are utilized in industrial metrology, life sciences and materials research, and medical technology solutions to ensure quality. With the rise of digitization and smart manufacturing, the use of industrial microscopes to create, produce, and inspect products is expected to rise Distribute cutting-edge solutions.
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Laboratory R&D efforts in healthcare and life sciences are more extensive. These require higher-quality imagery and magnification with a shorter turnaround time. This necessitates the use of an electron microscope. The features of an electron microscope are mostly used to obtain information about biopsy samples, cells, and microbes. Furthermore, the improvement of the electron microscope has boosted its demand for a variety of healthcare applications such as nano-particle imaging, bio-technology, and molecular structuring, to name a few. An electron microscope is also used for data storage, material research, and biology and life sciences.
Increase in Demand Because of Electron Microscope Advancement
Market participants' advancements in electron microscopy have enhanced industrial competition. Enhanced features, such as better magnification and low-light high-quality images, have raised market demand. New product development and product launches elevate electron microscopy and microanalysis solutions that help the consumer in end uses such as healthcare, semiconductor & microelectronics, and assist scientists in gathering more precise information.
The Use of Electron Microscopy in Healthcare and Life Sciences
RESTRAIN:
Expensive Initial Investment
Electron microscopes are a cutting-edge new technology that is used for high resolution in a variety of industries including automotive, healthcare, aerospace, and others. However, the expensive cost of electron microscopes due to inherent electrons that raise the level of screen with the use of beams and make images appear more realistic is projected to limit market growth. Furthermore, the hefty initial investment limits initial acceptance of electron microscopes, particularly in small and medium-sized companies.
High cost of software subscription
OPPORTUNITY:
Increased Demand in Semiconductor and Microelectronics for Electron Microscopes
In the semiconductor sector, scanning electron microscopes are used to inspect the quality of components and devices developed in accordance with standards. Furthermore, recent advances in electron microscopy techniques have enabled the control of the structure of devices and components manufactured at the micro-level. As a growing demand in semiconductor and microelectronics applications promotes market demand.
Growing application area of microscopy
CHALLENGES:
The availability of open-source microscopy software
The market faces a challenge due to the availability of open-source software. Any programmer with access to software can inspect and improve a program or, if necessary, rectify any problems. In contrast, the majority of software solutions on the market are closed-source, proprietary, and costly, whereas open-source software is typically free. ImageJ/FluI, Cell Profiler/Cell Analyst, Neuronstudio, Volume Integration and Alignment System (VIAS), and L-measure are some free, open-source confocal microscopy analysis systems. Most small-scale end customers, academic institutes, and research centers prefer open-source solutions, reducing demand for licensed, closed-source software.
IMPACT OF ONGOING RECESSION
Manufacturing is outperforming many other areas, especially when compared to earlier downturns. Manufacturing employment has been declining in Minnesota, with the decline worsening during the recessions. Manufacturing was one of the hardest-hit industries in the United States during and after the last two recessions. Manufacturing in Minnesota declined below 300,000 at the conclusion of the Great Recession, after reaching a high of 400,000 employments. 64.1 % of the approximately 34,000 jobs gained back by 2022 were lost again between March and April of 2022. Although the initial decrease was steeper than the steadier losses observed and the low point of OTY job loss was less severe, and jobs have rebounded.
The bigger Durable Goods Manufacturing business employs 7.1% of Minnesotans and was down -5.198 in 2022. That includes Fabricated Metal Product Manufacturing closed the year on a declining trend, and Miscellaneous Manufacturing finished 2022 down -6.2% year on year. Transportation Equipment, Computer and Electronic Products, Machinery, and Wood Product Manufacturing all outperformed the Durable Goods Manufacturing average in 2022, although they were still down overall.
By Type
Scanning Electron Microscope
Transmission Electron Microscope
Focused lon Beam
Others
By End Use
Semiconductor & Microelectronics
Healthcare
General Manufacturing
Food Processing
Construction
Others
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In 2022, North America will lead the Global Industrial Microscope Market. The industrial microscope market in the United States is expanding as the semiconductor industry expands. The industry is critical to the development of the US economy and national security. Almost 44.1% of US GDP growth is attributed to innovation in diverse sectors, with the semiconductor industry accounting for 30.2% of this. The industry is also regarded as the foundation for building cutting-edge capabilities for the national security and defense sectors.
The government is concentrating on increasing industrial resilience and paving the road for reliable, trustworthy, and cyber secure supply chains. Furthermore, the increased emphasis of US policy on R&D, production, and investments in technology upgrades has created enormous support for semiconductor players to extend their foundry operations. The rising demand for semiconductors in the United States has been a primary driver of the industrial microscope market's expansion.
Because of increased research and development funding for microscopy, increased use of correlative microscopy in life sciences and nanotechnology research, the establishment of collaboration centres for microscopy research, and the availability of low-cost skilled labor for OEMs in these countries, Asia-Pacific is expected to grow at the fastest rate.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some of key players of industrial microscope market are NIKON CORPORATION, CARL ZEISS AG, OLYMPUS CORPORATION, LEICAMICROSYSTEMS, BRUKER CORPORATION, JEOLLTD, HITACHI, THERMO FISHER SCIENTIFIC, OXFORD INSTRUMENTS PLC, and RADICAL SCIENTIFIC EQUIPMENTS PVT LTD. and other players are listed in a final report.
NIKON CORPORATION-Company Financial Analysis
On August 23, 2022, Olympus Corp (Japan), a microscope manufacturer, announced its intention to sell its microscope segment to private equity company Bain Capital for US$2.2 billion.
The company manufactures microscopes, industrial endoscopes, and x-ray analyzers. Olympus unveiled its SZX-ARI augmented reality microscope on April 26, 2022, with the goal of simplifying production operations.
Carl Zeiss will introduce the ZEISS DeepRecon Pro and ZEISS PhaseEvolve reconstruction technologies in the ZEISS Xradia 3D X-ray platforms in July 2021. These technologies will leverage Al to improve data collecting and analysis, which will lead to improved data collection and analysis accelerate decision-making
In June 2021, Danaher Corporation introduced the Leica Nano workflow, a new live-cell correlative light and electron microscopy (CLEM) workflow solution designed to improve reproducibility, increase experimental success rates, and simplify light and electron microscopy (EM) integration.
| Report Attributes | Details |
|
Market Size in 2022 |
US$ 1399 Mn |
|
Market Size by 2030 |
US$ 2212.38 Mn |
|
CAGR |
CAGR of 5.9% From 2023 to 2030 |
|
Base Year |
2022 |
|
Forecast Period |
2023-2030 |
|
Historical Data |
2019-2021 |
|
Report Scope & Coverage |
Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
|
Key Segments |
By Type (Scanning Electron Microscope, Transmission Electron Microscope, Focused lon Beam, Others), By End Use (Semiconductor & Microelectronics, Healthcare, General Manufacturing, Food Processing, Construction, Others) |
|
Regional Analysis/Coverage |
North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
|
Company Profiles |
NIKON CORPORATION, CARL ZEISS AG, OLYMPUS CORPORATION, LEICAMICROSYSTEMS, BRUKER CORPORATION, JEOLLTD, HITACHI, THERMO FISHER SCIENTIFIC, OXFORD INSTRUMENTS PLC, and RADICAL SCIENTIFIC EQUIPMENTS PVT LTD. |
|
Opportunities |
•Increased Demand in Semiconductor and Microelectronics for Electron Microscopes •Growing application area of microscopy |
|
Market Challenges |
• The availability of open-source microscopy software |
Industrial Microscope Market is anticipated to expand by 5.9% from 2023 to 2030.
USD 2212.38 million is expected to grow by 2030.
Industrial Microscope Market size was valued at USD 1399 million in 2022
North America is dominating the market
Increase in Demand Because of Electron Microscope Advancement and The Use of Electron Microscopy in Healthcare and Life Sciences
TABLE OF CONTENT
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Industrial Microscope Market Segmentation, By Type
8.1 Scanning Electron Microscope
8.2 Transmission Electron Microscope
8.3 Focused lon Beam
8.4 Others
9. Industrial Microscope Market Segmentation, By End Use
9.1 Semiconductor & Microelectronics
9.2 Healthcare
9.3 General Manufacturing
9.4 Food Processing
9.5 Construction
9.6 Others
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Industrial Microscope Market by Country
10.2.2North America Industrial Microscope Market by Type
10.2.3 North America Industrial Microscope Market by End Use
10.2.4 USA
10.2.4.1 USA Industrial Microscope Market by Type
10.2.4.2 USA Industrial Microscope Market by End Use
10.2.5 Canada
10.2.5.1 Canada Industrial Microscope Market by Type
10.2.5.2 Canada Industrial Microscope Market by End Use
10.2.6 Mexico
10.2.6.1 Mexico Industrial Microscope Market by Type
10.2.6.2 Mexico Industrial Microscope Market by End Use
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Eastern Europe Industrial Microscope Market by Country
10.3.1.2 Eastern Europe Industrial Microscope Market by Type
10.3.1.3 Eastern Europe Industrial Microscope Market by End Use
10.3.1.4 Poland
10.3.1.4.1 Poland Industrial Microscope Market by Type
10.3.1.4.2 Poland Industrial Microscope Market by End Use
10.3.1.5 Romania
10.3.1.5.1 Romania Industrial Microscope Market by Type
10.3.1.5.2 Romania Industrial Microscope Market by End Use
10.3.1.6 Hungary
10.3.1.6.1 Hungary Industrial Microscope Market by Type
10.3.1.6.2 Hungary Industrial Microscope Market by End Use
10.3.1.7 Turkey
10.3.1.7.1 Turkey Industrial Microscope Market by Type
10.3.1.7.2 Turkey Industrial Microscope Market by End Use
10.3.1.8 Rest of Eastern Europe
10.3.1.8.1 Rest of Eastern Europe Industrial Microscope Market by Type
10.3.1.8.2 Rest of Eastern Europe Industrial Microscope Market by End Use
10.3.2 Western Europe
10.3.2.1 Western Europe Industrial Microscope Market by Country
10.3.2.2 Western Europe Industrial Microscope Market by Type
10.3.2.3 Western Europe Industrial Microscope Market by End Use
10.3.2.4 Germany
10.3.2.4.1 Germany Industrial Microscope Market by Type
10.3.2.4.2 Germany Industrial Microscope Market by End Use
10.3.2.5 France
10.3.2.5.1 France Industrial Microscope Market by Type
10.3.2.5.2 France Industrial Microscope Market by End Use
10.3.2.6 UK
10.3.2.6.1 UK Industrial Microscope Market by Type
10.3.2.6.2 UK Industrial Microscope Market by End Use
10.3.2.7 Italy
10.3.2.7.1 Italy Industrial Microscope Market by Type
10.3.2.7.2 Italy Industrial Microscope Market by End Use
10.3.2.8 Spain
10.3.2.8.1 Spain Industrial Microscope Market by Type
10.3.2.8.2 Spain Industrial Microscope Market by End Use
10.3.2.9 Netherlands
10.3.2.9.1 Netherlands Industrial Microscope Market by Type
10.3.2.9.2 Netherlands Industrial Microscope Market by End Use
10.3.2.10 Switzerland
10.3.2.10.1 Switzerland Industrial Microscope Market by Type
10.3.2.10.2 Switzerland Industrial Microscope Market by End Use
10.3.2.11 Austria
10.3.2.11.1 Austria Industrial Microscope Market by Type
10.3.2.11.2 Austria Industrial Microscope Market by End Use
10.3.2.12 Rest of Western Europe
10.3.2.12.1 Rest of Western Europe Industrial Microscope Market by Type
10.3.2.12.2 Rest of Western Europe Industrial Microscope Market by End Use
10.4 Asia-Pacific
10.4.1 Asia Pacific Industrial Microscope Market by Country
10.4.2 Asia Pacific Industrial Microscope Market by Type
10.4.3 Asia Pacific Industrial Microscope Market by End Use
10.4.4 China
10.4.4.1 China Industrial Microscope Market by Type
10.4.4.2 China Industrial Microscope Market by End Use
10.4.5 India
10.4.5.1 India Industrial Microscope Market by Type
10.4.5.2 India Industrial Microscope Market by End Use
10.4.6 Japan
10.4.6.1 Japan Industrial Microscope Market by Type
10.4.6.2 Japan Industrial Microscope Market by End Use
10.4.7 South Korea
10.4.7.1 South Korea Industrial Microscope Market by Type
10.4.7.2 South Korea Industrial Microscope Market by End Use
10.4.8 Vietnam
10.4.8.1 Vietnam Industrial Microscope Market by Type
10.4.8.2 Vietnam Industrial Microscope Market by End Use
10.4.9 Singapore
10.4.9.1 Singapore Industrial Microscope Market by Type
10.4.9.2 Singapore Industrial Microscope Market by End Use
10.4.10 Australia
10.4.10.1 Australia Industrial Microscope Market by Type
10.4.10.2 Australia Industrial Microscope Market by End Use
10.4.11 Rest of Asia-Pacific
10.4.11.1 Rest of Asia-Pacific Industrial Microscope Market by Type
10.4.11.2 Rest of Asia-Pacific APAC Industrial Microscope Market by End Use
10.5 Middle East & Africa
10.5.1 Middle East
10.5.1.1 Middle East Industrial Microscope Market by Country
10.5.1.2 Middle East Industrial Microscope Market by Type
10.5.1.3 Middle East Industrial Microscope Market by End Use
10.5.1.4 UAE
10.5.1.4.1 UAE Industrial Microscope Market by Type
10.5.1.4.2 UAE Industrial Microscope Market by End Use
10.5.1.5 Egypt
10.5.1.5.1 Egypt Industrial Microscope Market by Type
10.5.1.5.2 Egypt Industrial Microscope Market by End Use
10.5.1.6 Saudi Arabia
10.5.1.6.1 Saudi Arabia Industrial Microscope Market by Type
10.5.1.6.2 Saudi Arabia Industrial Microscope Market by End Use
10.5.1.7 Qatar
10.5.1.7.1 Qatar Industrial Microscope Market by Type
10.5.1.7.2 Qatar Industrial Microscope Market by End Use
10.5.1.8 Rest of Middle East
10.5.1.8.1 Rest of Middle East Industrial Microscope Market by Type
10.5.1.8.2 Rest of Middle East Industrial Microscope Market by End Use
10.5.2 Africa
10.5.2.1 Africa Industrial Microscope Market by Country
10.5.2.2 Africa Industrial Microscope Market by Type
10.5.2.3 Africa Industrial Microscope Market by End Use
10.5.2.4 Nigeria
10.5.2.4.1 Nigeria Industrial Microscope Market by Type
10.5.2.4.2 Nigeria Industrial Microscope Market by End Use
10.5.2.5 South Africa
10.5.2.5.1 South Africa Industrial Microscope Market by Type
10.5.2.5.2 South Africa Industrial Microscope Market by End Use
10.5.2.6 Rest of Africa
10.5.2.6.1 Rest of Africa Industrial Microscope Market by Type
10.5.2.6.2 Rest of Africa Industrial Microscope Market by End Use
10.6 Latin America
10.6.1 Latin America Industrial Microscope Market by Country
10.6.2 Latin America Industrial Microscope Market by Type
10.6.3 Latin America Industrial Microscope Market by End Use
10.6.4 Brazil
10.6.4.1 Brazil Industrial Microscope Market by Type
10.6.4.2 Brazil Africa Industrial Microscope Market by End Use
10.6.5 Argentina
10.6.5.1 Argentina Industrial Microscope Market by Type
10.6.5.2 Argentina Industrial Microscope Market by End Use
10.6.6 Colombia
10.6.6.1 Colombia Industrial Microscope Market by Type
10.6.6.2 Colombia Industrial Microscope Market by End Use
10.6.7 Rest of Latin America
10.6.7.1 Rest of Latin America Industrial Microscope Market by Type
10.6.7.2 Rest of Latin America Industrial Microscope Market by End Use
11 Company Profile
11.1 NIKON CORPORATION
11.1.1 Company Overview
11.1.2 Financials
11.1.3 Product/Services Offered
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 CARL ZEISS AG
11.2.1 Company Overview
11.2.2 Financials
11.2.3 Product/Services Offered
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 OLYMPUS CORPORATION
11.3.1 Company Overview
11.3.2 Financials
11.3.3 Product/Services Offered
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 LEICAMICROSYSTEMS
11.4 Company Overview
11.4.2 Financials
11.4.3 Product/Services Offered
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 BRUKER CORPORATION
11.5.1 Company Overview
11.5.2 Financials
11.5.3 Product/Services Offered
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 JEOLLTD
11.6.1 Company Overview
11.6.2 Financials
11.6.3 Product/Services Offered
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 HITACHI
11.7.1 Company Overview
11.7.2 Financials
11.7.3 Product/Services Offered
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 THERMO FISHER SCIENTIFIC
11.8.1 Company Overview
11.8.2 Financials
11.8.3 Product/Services Offered
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 OXFORD INSTRUMENTS PLC
11.9.1 Company Overview
11.9.2 Financials
11.9.3 Product/ Services Offered
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 and RADICAL SCIENTIFIC EQUIPMENTS PVT LTD.
11.10.1 Company Overview
11.10.2 Financials
11.10.3 Product/Services Offered
11.10.4 SWOT Analysis
11.10.5 The SNS View
12. Competitive Landscape
12.1 Competitive Bench marking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions
13. USE Cases and Best Practices
14. Conclusion
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