Service Laboratory Market Report 2015 by Service Type, Product/Technology, Application and Geography - Global Forecasts to 2020

Nov 23, 2015, 06:10 ET from Research and Markets

DUBLIN, Nov. 23, 2015 /PRNewswire/ -- Research and Markets ( has announced the addition of the "Service Laboratory Market by Service Type, Product/Technology, Application and Geography - Global forecast to 2020" report to their offering.

The overall service laboratory market is expected to grow from USD 3.75 Billion in 2014 to USD 5.45 Billion by 2020, at a CAGR of 6.5% from 2014 to 2020.

The market in APAC is expected to witness the highest growth due to major growth spurts expected in the material science sector in the developing countries of this region.

North America, Europe, and even APAC countries such as China and Japan are some of the early adopters of the service laboratory market. China is a potential market for microscopy as skilled workforce and early stage capital can be easily available. India and Brazil are prospective markets due to their growing R&D initiatives. Moreover, the easy availability of funding in these countries is a key driving factor. Material science is the biggest application segment for SEM and is followed by the industrial segment.

The major companies involved in laboratory services are Exponent, Inc. (United States), Integrated Service Technology, Inc. (Taiwan), Nanolab Technologies, Inc. (United States), and Chipworks, Inc. (Canada) among others. The major OEMs include Hitachi High-Technologies Corporation (Japan), FEI Company (United States), JEOL Ltd. (Japan), and Carl Zeiss AG (Germany).

This report provides an insight on the overall service laboratory equipment market, with detailed segmentations based on equipment, technology, application, and geography, combined with the qualitative analysis of each and every aspect of the market. The global service laboratory market has been forecast from 2014 to 2020, to provide a glimpse of the potential revenue base for this market.

The transmission electron microscope and dual-beam microscope systems segments are expected to drive the growth of the service laboratory market during the forecast period. Semiconductor companies are adding new laboratory equipment in various stages of their R&D as well product life cycle which is driving the OEM and service market. However, for small players (semiconductor, biotechnology, and pharmaceutical companies in particular), the high service laboratory costs have resulted in outsourcing of these services as a cost control activity. This outsourcing of service laboratory tasks to contract research organizations (CROs) and small laboratories has contributed to the growth of the overall service laboratory market.

Key Topics Covered:

1. Introduction

2. Research Design

3. Industry Trends

4. Service Laboratory Market, By Product

5. Service Laboratory Market, By Laboratory

6. Service Laboratory Market, By Application

7. Service Laboratory Market, By Geography

8. Secondary Ion Mass Spectroscopy (SIMS) Market, By Application

9. Secondary Ion Mass Spectroscopy (SIMS), By Geography

10. Competitive Landscape

11. Company Profiles

- Cerium Labs - Exponent - ICE Labs - ISE Labs - IST - Insight Analytical Labs - MA-TEK - MU analysis - Nanolab Technologies - Sage Labs

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SOURCE Research and Markets