Global Focused Ion Beam (FIB) Market Size/Share Value Estimated to Reach USD 1,555.91 Million by 2032, With 8.2% CAGR: Polaris Market Research

NEW YORK, March 6, 2023 /PRNewswire/ -- A latest research report [115+] pages with 360-Degree visibility, titled "Focused Ion Beam Market Share, Size, Trends, Industry Analysis Report, By Ion Source (Ga+ Liquid Metal, Gas Field, and Plasma); By Application; By Vertical; By Region; Segment Forecast, 2023 - 2032" published by Polaris Market Research in its research repository.

"According to research report, the global focused ion beam market size & share was valued at USD 706.82 Million in 2022 and is expected to reach USD 1,555.91 Million by 2032, growing at a CAGR of 8.2% during the forecast period."

What is Focused Ion Beam (FIB) Market? How Big Focused Ion Beam (FIB) Market Size & Share?

• Report Overview

An important tool that has successfully met the challenges of conducting material fabrication through precise micro and nano machining has become imperative to the progress of material science and other fields relying on nanotechnology is the focused ion beam system. The rapidly rising demand for the focused ion beam market can be attributed to this technology offering unsurpassed opportunities of direct micro and nanoscale depositions or materials removal anywhere has made feasible a broad range of potential material science and nanotechnology applications.

FIB instrumentation has become a key technology for a wide range of material science applications, from circuit editing to transmission electron microscopy sample preparation, microstructural analysis, and prototype nano machining. Additionally, FIB technologies, considered the newest field of electron microscopy, are used in several fields of science for site-specific analysis, imaging, milling, deposition, micromachining, and manipulation.

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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, Table of Contents, Graphical introduction of regional analysis, Top players in the market with their revenue analysis and our research methodology.)

Our Sample Report May Includes:

• 2032 Updated Report Introduction, Overview, and In-depth industry analysis.
• 115+ Pages Research Report (Inclusion of Updated Research).
• Provide Chapter-wise guidance on Request.
• 2023 Updated Regional Analysis with Graphical Representation of Size, Share & Trends.
• Includes Updated List of table & figures.
• Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis.

Key data covered in the market report

• Provides niche insights for decisions about every possible segment helping in the strategic decision-making process.
• Market size estimation of the market on a regional and global basis.
• A unique research design for market size estimation and forecast.
• Identification of major companies operating in the market with related developments.
• Exhaustive scope to cover all possible segments helping every stakeholder.

Key factors driving market growth

• Industry's focus on high-growth end-use factions to push the market

The surge in demand for focused ion beam instruments for sample preparation, semiconductor and display failure analysis, and ion beam lithography is fuelling market statistics. The focused ion beam market size is expanding due to companies operating in the industry focusing on high-growth end-use industries such as material science, life sciences, and electronics and semiconductors to keep their businesses growing post the pandemic.

Growth in the demand for semiconductor devices across all industries has propelled the market demand for focused ion beam systems. Focused ion beam market sales are soaring as these systems are extensively used in circuit modification, layout verification, microcircuit failure analysis, mask repair, and semiconductor device packaging.

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Recent trends influencing the market

Advantages of FIB over conventional scanning systems to drive the market

• Growth demand for FIB in the semiconductor industry and a surge in the development of new ion sources are the major factors attributable to the growth of the market. Additionally, the growing demand for products for the preparation of sample specimens and an increase in awareness about the advantages of FIB over conventional scanning systems are the factors that will enhance the market growth rate.
• Focused ion beam columns are used for scanning electron microscopes in most cases. They are primarily used for scanning pictures by collecting secondary electrons generated by incident ions and sample surface contact and sputtering the material surface locally to form arbitrary nanostructures. Gallium, Iridium, gold, and other ions are some of the most popular ion sources.

Segmentation assessment

• Ga+ liquid metal segment accounted for the largest market share

Based on the ion source, the Ga+ liquid metal segment accounted for the largest market share. Focused ion beam market demand is on the rise due to its wide adoption and usage as a major source along with the growing number of applications across various industries, including TEM sample preparation, IC repair, modification, nanofabrication, and electronics and semiconductor for failure analysis

• The failure analysis segment is expected to witness the highest growth

Based on application, the failure analysis segment is expected to witness the highest growth. The focused ion beam market trend includes high growth in the manufacturing industry and rapid industrialization globally, mainly in developing countries, including India, China, and South Korea. The widespread adoption of failure analysis systems among several material science applications and growing usage of optical and scanning electron microscopes for the structural and mineralogical analysis of a variety of materials such as alloys, polymers, metals, biomaterials, and ceramics is anticipated to boost the growth of the segment market over the coming years.

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Focused Ion Beam (FIB) Market: Report Scope

Geographic Overview

• Growing electronic and semiconductor sector to propel the Asia Pacific market

The Asia Pacific region held the largest focused ion beam market share due to the rapid growth of the region's electronic and semiconductor sector and the surge in research and development-related spending by key market companies. With the continuously growing adoption and prevalence of robots, the demand for various electronic devices, including ICs, is increasing rapidly.

In North America, the growth can be attributed to growing efforts by both government and private organizations on the development and advancements of existing systems, along with high spending on biotechnology in countries such as the US and Canada.

Browse the Detail Report "Focused Ion Beam Market Share, Size, Trends, Industry Analysis Report, By Ion Source (Ga+ Liquid Metal, Gas Field, and Plasma); By Application; By Vertical; By Region; Segment Forecast, 2023 - 2032" with in-depth TOC:  https://www.polarismarketresearch.com/industry-analysis/focused-ion-beam-market  

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Recent Developments

• In May 2022, Hitachi HighTech announced the inauguration of its new Advanced Technology Innovation Center Naka based at the Hitachinaka. With the opening of this innovation center, the company will serve as a demonstration site for the probe microscope and election microscope and support the new developments of advanced solutions for analytical systems.
• In June 2021, MIT nano announced the acquisition of the "Raith VELION" focused ion beam scanning electron microscope to expand the company's characterization facility. The new FIB-SEM consists of fabrication & characterization toll sets and allows users for nanofabrication through the capability to fabricate 2 & 3D nanostructures with the highest resolution.

Polaris Market Research has segmented the focused ion beam market report based on ion source, application, vertical, and region:

By Ion Source Outlook

• Ga+ Liquid Metal
• Gas Filed
• Plasma

By Application Outlook

• Failure Analysis
• Nanofabrication
• Device Modification
• Circuit Edit
• Counterfeit Detection

By Vertical Outlook

• Electronics & Semiconductor
• Industrial Science
• Bioscience
• Material Science

By Region Outlook

• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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SOURCE Polaris Market Research