The Latin America, Middle East and Africa Focused Ion Beam Market would witness market growth of 9.4% CAGR during the forecast period (2022-2028).
The growing trend of electronic devices’ miniaturization is also emerging as a critical focus area for the utilization of focused ion beams. The advent of the miniaturization of electronic products has prompted many semiconductor foundries to integrate different features, lower the power consumption of ICs, and reduce the size of semiconductor chips and wafers. As a result, manufacturers in the semiconductor sector are also incorporating nanoelectromechanical systems (NEMS) technology to develop paper batteries, which are rising in demand in various sectors like aerospace, automobile, healthcare, and electronics.
In addition, the growing complexities of the semiconductor industry are resulting in increased research on material properties, particularly for failure analysis. Consequently, these factors influence the growth of the focused ion beam market in the coming years. The recent improvements in cryo-compatible transfer devices and support systems are facilitating the dependable transfer of cryogenic samples.
Though the implementation of FIB-SEMs is in its nascent stage, especially for cryo-techniques, the technology ensures more breakthroughs in the biological field. Advancements are also being furnished to the instruments, like the new detector and column technologies that aim to improve image quality. Similarly, the developed scan generators have further increased the scope of these technologies.
The consumer electronics industry is growing in Latin America, specifically driven by the rising adoption of wireless connectivity features. The growing R&D expenditure in technological advancements and consumer electronics, along with the rising inclination of people towards wearable devices, are expediting the necessary applications of FIB systems in manufacturing. Hence, the growth of consumer electronics, telecommunication, and automation implementations in various industries in the region is driving the development and expansion of the regional focused ion beam market.
The Brazil market dominated the LAMEA Focused Ion Beam Market by Country in 2021; thereby, achieving a market value of $33 Million by 2028. The Argentina market is showcasing a CAGR of 10% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 9.1% during (2022 - 2028).
Based on Application, the market is segmented into Failure Analysis, Nanofabrication, Device Modification, Circuit Edit, and Counterfeit Detection. Based on Ion Source, the market is segmented into Ga+ Liquid Metal, Gas Field, and Plasma. Based on Vertical, the market is segmented into Electronics & Semiconductor, Industrial Science, Bioscience, and Material Science. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Focused Ion Beam Market is Predict to reach $1.9 Billion by 2028, at a CAGR of 7.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thermo Fisher Scientific, Inc., Carl Zeiss AG, Hitachi, Ltd., JEOL Ltd., Oxford Instruments plc, Eurofins Scientific SE, Veeco Instruments, Inc., Leica Microsystems GmbH (Danaher Corporation), A&D HOLON Holdings Company, Limited and Raith GmbH
By Application
By Ion Source
By Vertical
By Country
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