New York, NY, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Focused Ion Beam Market by Ion Source (Gallium, Iridium, Gold, and Others) and By Application (Nanofabrication, Failure Analysis, Material Science, Device Modification, Sample Preparation, Circuit Edit, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global focused ion beam market was valued at approximately USD 427 million in 2018 and is expected to reach approximately USD 682 million by 2025, at a CAGR of around 6.93% between 2019 and 2025.
Focused ion beam (FIB) system has been produced commercially, majorly for large semiconductor manufacturers. This system works in a very similar way to a scanning electron microscope (SEM). However, the focused ion beam system uses a finely focused ion beam (generally gallium) that can be functioned at high beam currents for sputtering or site-specific milling or at low beam currents for imaging. FIB is likely to witness increased demand in the semiconductor industry and is used in diverse applications including circuit modification, photomask repair, defect analysis, and transmission electron microscope, among others.
Browse through 53 Tables & 30 Figures spread over 129 Pages and in-depth TOC on “Global Focused Ion Beam Market: By Ion Source, Industry Type, Size, Share, Applications, Trends, Analysis and Forecast 2018–2025”.
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The increasing demand for focused ion beam for the preparation of a sample specimen is likely to drive the market focused ion beam across the globe in the future. The growing popularity of large-scale nanotechnology across various verticals is anticipated to further boost the focused ion beam market, particularly for equipment, in the upcoming analysis period. The rising adoption rate of FIB for several applications, such as secondary ion mass spectrometry, semiconductor fabrication, etc., is also projected to contribute toward the growth of the focused ion beam market over the estimated timeframe. The high adoption rate of the focused ion beam (FIB) is due to its various advantages over conventional scanning systems. However, the high manufacturing expense may hinder the focused ion beam market growth to some extent in the future. Moreover, continuous advancements in electronics and semiconductor industries also are expected to fuel the focused ion beam market in the future. However, the requirement of a skilled workforce and huge investments may restrain this market. Nonetheless, the development of alternative ion sources, such as lithium, helium, etc., is expected to create new growth opportunities for the global focused ion beam market in the upcoming years.
The global focused ion beam market is segmented based on ion source and application. By ion source, the global focused ion beam market is divided into gallium, iridium, gold, and others. The gallium segment is projected to hold a significant market share in the upcoming years, as it is highly preferred in most of the commercially available FIB systems. By application, this market includes nanofabrication, failure analysis, material science, device modification, sample preparation, circuit edit, and others. In the current scenario, there is a high demand for focused ion-beam for nanofabrication to create nanoscale structures. The rising adoption of FIB for nano-scale applications, the nanofabrication segment is projected to register the highest CAGR over the forecast timeframe.
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North America is anticipated to hold the largest share of the global focused ion beam market in the future. The flourishing semiconductor industry in the U.S. is majorly responsible for the increasing demand for focused ion beam market in the North American region. Smaller, cheaper, and faster semiconductors have benefited all industries as they have transformed the communication, entertainment, and transportation in the U.S. According to a recent study, the U.S. semiconductor industry generated USD 166 billion revenue in 2015. Furthermore, the introduction of new initiatives of nano-manufacturing by the U.S. government has further boosted the demand for focused ion beam market in North America. The U.S. government has started the National Nano-manufacturing Network (NNN), which is an open network for information exchange and collaboration between government, industry players, and academics to strengthen the nano-manufacturing in the U.S.
Europe is projected to show considerable growth in the global focused ion beam market over the estimated timeframe. Rising government investments in nanotechnology are likely to propel the growth of the focused ion beam market in the European region in the years ahead. According to a recent study, Germany ranks top in public sector investment in nanotechnology among all the European countries. According to the German Ministry of Education and Research (BMBF), approximately 50% of the nanomedicine companies in Europe are based in Germany.
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Asia Pacific is anticipated to register the highest growth rate in the global focused ion beam market in the future, owing to the region’s flourishing electronic and electrical manufacturing industry. The rising adoption of automation and robotics is the latest trend in the electronic and electrical manufacturing industry in the Asia Pacific region. The electronics and semiconductor industries are the major end-users of focused ion beam systems. A recent study revealed that Asia Pacific holds the highest market share, i.e., around 55%, in the global electronic and electrical manufacturing sector. This, in turn, is further expected to boost the region’s focused ion beam market in the future.
Latin American and the Middle Eastern and African regions are expected to grow moderately in the global focused ion beam market over the forecast time period. The growing semiconductor industry in Brazil is likely to fuel the Latin American ion beam market in the future. In 2015, in Brazil, the semiconductor market size was nearly USD 270 million. The increasing use of electronics products and thriving economy of Brazil will boost the demand for integrated circuits, which, in turn, is projected to drive the focused ion beam market in the future.
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Some key participants operating in the global focused ion beam market are Hitachi High-Technologies Corporation, Fibics Incorporated, FEI, Carl Zeiss AG, ZEROK Nanotech, Evans Analytical Group, Thermo Fisher Scientific Inc., NanoLab, and Tescan, among others.
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This report segments the global focused ion beam market into:
Global Focused Ion Beam Market: Ion Source Analysis
- Gallium
- Iridium
- Gold
- Others
Global Focused Ion Beam Market: Application Analysis
- Nanofabrication
- Failure Analysis
- Material Science
- Device Modification
- Sample Preparation
- Circuit Edit
- Others
Global Focused Ion Beam Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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