Scanning Electron Microscope Market Analysis

Scanning Electron Microscope Market Analysis

Benchtop/tabletop scanning electron microscope market dominated a revenue share of over 65% in 2020 attributed to its advantage such as ease-of-use, greater accuracy, faster outcomes, and small footprint in the laboratories.
 

Benchtop/tabletop SEM is majorly adopted for the research and development activities in life science and semiconductor industry, ultimately driving the product demand in these fields. Furthermore, with greater preference over conventional SEMs owing to lower cost, the demand for benchtop SEM will increase in near future.
 

Material sciences segment revenue was around USD 500 million in 2020. Scanning electron microscope is the most versatile instrument used for material science research. SEM is widely used for quality control, research, and failure analysis in material science industry. For high-end research into nano fibres, nano tubes, high temperature super conductors, alloy strength and mesoporous architectures research, scanning electron microscopes are largely adopted.
 

North America scanning electron microscope market value was more than USD 1 billion in 2020. Presence of leading players that are focusing on product innovation, and rising expenditure on research and development activities contributes to significant regional market size. Additionally, presence of large number of academic institutes and research & development facilities, especially in the U.S., creates significant opportunity for the market.
 

The U.S. has crossed more than 6 million COVID-19 cases in the region, thereby driving the need for vaccine to reduce the mortality rate. Thus, such research and development activities to develop novel biologics with the help of advanced technologies will drive the North American industry growth.