The global microscope market size is expected to reach USD 15.1 billion by 2026 registering a CAGR of 7.9%, according to a new study by Grand View Research, Inc. Growing demand for advanced and high resolution microscopes for conducting R&D in the fields, such as life sciences and nanotechnology, is expected to drive the market over the forecast period. Emergence of new application areas, such as quantum dots and miniature transistor chips, will further boost the market growth.
Quantum dots technology is
currently in a nascent stage and is expected to cater to multiple application
areas including in transistors, diode lasers, quantum computing, biological
imaging, solid-state lighting, electroluminescent displays, and photo-voltaic
cells. Optical devices led the market in 2018, owing to their large application
base. However, due to high adoption of advanced microscopes, scanning probe and
electron microscopes are expected to gain share over the coming years.
Scanning probe devices is
expected to be the fastest-growing product segment from 2019 to 2026. Features,
such as non-dependence on wavelength of the source light, resolving atoms, and
generating better 3D maps of surfaces, are some of the factors expected to
drive the demand of these products. North America led the global market, in
terms of revenue, in 2018 and is likely to reach USD 4.7 billion by 2026.
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Further key
findings from the study suggest:
- Semiconductors and life
sciences were the dominant application segments in the global microscope
market
- However, nanotechnology is
expected to be the fastest-growing application with a CAGR of 9.3% from
2019 to 2026
- Asia Pacific is expected to
be the fastest-growing regional market with a CAGR of 9.1% from 2019 to
2026
- High demand for
semiconductors and positive outlook on application markets are expected to
be the key drivers responsible for the market growth in the region
- Key companies in the market
include Olympus Corporation, Hitachi High-Technologies Corporation, Nikon
Corporation, FEI Company, JEOL Ltd., Carl Zeiss, and Leica Microsystems
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Grand View Research has segmented
the global microscope market on the basis of product, application, and region:
Microscope Product
Outlook (Volume, ‘000 Units; Revenue, USD Million, 2015 - 2026)
- Optical
- Upright
- Inverted
- Stereomicroscopes
- Phase Contrast
- Fluorescence
- Confocal Scanning
- Near Field Scanning
- Others
- Electron
- Transmission
- Scanning Electron
- Scanning Probe
- Others
Microscope
Application Outlook (Volume, ‘000 Units; Revenue, USD Million, 2015 - 2026)
- Material Science
- Nanotechnology
- Life Science
- Semiconductors
- Others
Microscope Regional
Outlook (Revenue, USD Million, 2015 - 2026)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- Thailand
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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