
Published On: Jan 2023
Published On: Jan 2023
At 7.8% CAGR, the Asia Pacific Microscope Market is projected to be worth US$ 7,697.60 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Asia Pacific microscope market was valued at US$ 4,896.63 million in 2022 and is expected to reach US$ 7,697.60 million by 2028, registering a CAGR of 7.8% from 2022 to 2028. Growing range of applications of microscope and development of novel microscopes are the critical factors attributed to the Asia Pacific microscope market expansion.
The use of microscope is increasing in various research activities across many domains, including life science and semiconductors. For instance, Cryo-electron microscopy is used to determine the 3D structure of complex macromolecules at subnanometer resolution and observe helical and 2D crystalline specimens. Moreover, these microscopes are also being utilized to achieve near-atomic resolution, which has been instrumental in studying the biological functions of different molecules in atomic detail. Upright microscopes, stereo microscopes, inverted microscopes, super resolution microscopes, and research macro zoom microscopes manufactured by Olympus are used for training, research laboratories, and life-science fields such as pathology and cytology. Further, a scanning electron microscope is used in the semiconductor industry to inspect the quality of components and devices as per standards. Wafer metrology is being increasingly used in semi-conductor applications. Wafer metrology is an important component of successful Pathfinding and Yield Ramp for the modern Semiconductor Fab. The critical dimensions of <5nm are being used commonly on bleeding edge semiconductor technologies and semiconductor companies need high repeatability and reproducibility of measurements to ensure proper feedback in the yield learning process flow. The increased demand for applications in the semiconductor and microelectronics industry is driving the Asia Pacific microscope market.
On the contrary, high price of advanced microscope hurdles the growth of Asia Pacific microscope market.
Based on product type, the Asia Pacific microscope market is segmented into optical microscope, electron microscope, and other. The electron microscope segment held 45.0% of the Asia Pacific microscope market share in 2022, amassing US$ 2,205.30 million. It is projected to garner US$ 3,557.93 million by 2028 to expand at 8.3% CAGR during 2022–2028. The optical microscope segment is further segmented into confocal microscope, stereo microscope, digital microscope, and others. Similarly, electron microscope segment is further bifurcated into scanning electron microscope and transmission microscope.
Based on application, the Asia Pacific microscope market is segmented into material science, nanotechnology, life sciences, semiconductors, and others. The life sciences segment held 28.9% of the Asia Pacific microscope market share in 2022, amassing US$ 1,415.49 million. It is projected to garner US$ 2,193.62 million by 2028 to expand at 7.6% CAGR during 2022–2028.
Based on end user, the Asia Pacific microscope market is segmented into industries, academic & research institutes, and others. The industries segment held 60.7% market share in 2022, amassing US$ 2,971.45 million. It is projected to garner US$ 4,753.58 million by 2028 to expand at 8.1% CAGR during 2022–2028.
Based on country, the Asia Pacific microscope market has been categorized into China, India, Japan, South Korea, Australia, and rest of Asia Pacific. Our regional analysis states that China captured 29.3% market share in 2022. It was assessed at US$ 1,432.26 million in 2022 and is likely to hit US$ 2,228.46 million by 2028, exhibiting a CAGR of 7.6% during the forecast period.
Key players dominating the Asia Pacific microscope market are Bruker Corporation; Carl Zeiss AG; COXEM Co., Ltd; Euromex Microscopen bv; Hitachi High-Tech Corporation; KLA Corporation; Leica Microsystems; Nikon Corporation; Olympus Corporation; and Thermo Fisher Scientific Inc. among others.
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