In order to offer enhanced quality of learning, various educational institutions are increasingly witnessing surge in demand for nanotechnology and electron microscopy significantly. Educational institutions are increasingly adopting enhanced equipment to demonstrate detailed information to the students through the application of the leading technology, nano-scale images and animations. Adoption of electron microscopes in the educational institutions enables the teachers and professors to impart in-depth knowledge of the subject. Increasing demand to offer detailed knowledge to the students has led to surge in demand for the electron microscopes in the educational institutions. Surge in adoption of the electron microscopes for conducting research and manufacturing processes is further expected to impact growth of the global electron microscopes market positively.
Production of the automobile and automotive products has led to surge in demand for the equipment that allow magnified and detailed view of the images. As the need to capture detailed images of the sheet metals used for the production of vehicles arise, manufacturers are increasingly shifting their focus from conventional microscopes to the electron microscopes. Accurate details of the materials used during the production of automotive products is expected to enhance the production process significantly. In addition, adoption of the electron microscopes also provides access to the three-dimensional images in various industries. Access to detailed images enables the manufacturers to opt for appropriate manufacturing materials to ensure stability and robustness of the products. Surge in demand for the electron microscopes in the automotive industry is expected to impact growth of the global market positively.
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As the need for conducting biological and biotechnological researches has led to increasing demand for microscopes that allow the end users to view a magnified version of the cells and other elements under examination. In addition, surge in demand for microscopes equipped with enhanced technology has led the manufacturers to opt for Transmission Electron Microscopes (TEM). Adoption of the transmission electron microscopes enables the end use companies to access the full range of images. In order to develop further with the research, manufacturers are increasingly opting for microscopes that offer microanalysis techniques. Surge in demand to conduct microanalysis of the elements to improve the scope of research is further expected to rev up demand for the electron microscopes globally.
Material Science to Represent a Leading Segment
Growing need to study the external morphology has led to surge in demand for scanning electron microscopes. On the basis of product type, the scanning electron microscopes segment is expected to represent the highest revenue growth, accounting for a value of nearly US$ 850 Mn by the end of 2026. In contrary, the scanning transmission electron microscopes product type segment is expected to register a significant CAGR throughout the forecast period.
Based on end use industry, the material science segment is expected to generate significant revenues, recording a value of over US$ 290 Mn by the end of 2017. On the other hand, the earth science end user industry segment is expected to register a robust CAGR during the forecast period.
Competition Tracking
Leading market players operating in the global electron microscopes market include FEI, JEOL Ltd., Hitachi, Carl Zeiss, Agilent Technologies, Unisoku Co., Ltd., TESCAN, Thermo Fisher Scientific., COXEM and Delong America Inc.
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