PUBLISHER: The Business Research Company | PRODUCT CODE: 1499949
PUBLISHER: The Business Research Company | PRODUCT CODE: 1499949
Surface analysis is the methodical examination of a material's outermost layers to ascertain its composition, structure, and properties. This process employs advanced techniques to scrutinize surfaces at atomic and molecular levels, serving as a critical tool across diverse industries where precise surface characterization is indispensable for product development, quality assurance, and research endeavors.
Key instrumentation technologies utilized in surface analysis encompass microscopy, spectroscopy, surface analyzers, and X-ray diffraction. Microscopy enables the observation of minute details of objects beyond the capability of the naked eye, facilitating the study of surface structures and properties. Applications span various sectors including semiconductors, energy, polymers, and life sciences, catering to a range of end users such as academic institutions, industries, and research organizations.
The surface analysis market research report is one of a series of new reports from The Business Research Company that provides surface analysis market statistics, including surface analysis industry global market size, regional shares, competitors with a surface analysis market share, detailed surface analysis market segments, market trends and opportunities, and any further data you may need to thrive in the surface analysis industry. This surface analysis market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The surface analysis market size has grown strongly in recent years. It will grow from $5.48 billion in 2023 to $6.00 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth observed during the historic period can be attributed to several factors. These include the rising demand across various industries for advanced surface analysis techniques, driven by the necessity for precise and dependable surface analysis in research and development endeavors. Furthermore, there has been an increased need for non-destructive testing and inspection techniques, along with the adoption of automation and robotics in manufacturing and industrial processes. Additionally, the trend towards miniaturization in the semiconductor and electronics industries has also contributed to this growth.
The surface analysis market size is expected to see strong growth in the next few years. It will grow to $8.68 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The projected expansion in the upcoming period stems from heightened emphasis on precise surface analysis within the semiconductor and electronics domains, a rising emphasis on environmental monitoring and analysis, increased demand for surface analysis systems within the healthcare and pharmaceutical sectors, the necessity for real-time data and insights in manufacturing operations, and an escalating requirement for surface analysis within materials science research. Key trends anticipated in the forecast period encompass the incorporation of artificial intelligence, advancements in in-situ and in-operando techniques, and the adoption of multimodal imaging and correlative microscopy.
The surface analysis market is poised for growth due to increasing concerns about indoor air quality (IAQ). IAQ refers to the air quality within and around buildings, focusing on its impact on occupants' comfort and health. The rise in IAQ concerns stems from emissions from building materials, furniture, cleaning products, and cooking appliances, as well as inadequate ventilation and outdoor air pollution infiltration. Surface analysis plays a vital role in addressing IAQ concerns by identifying and quantifying pollutants and contaminants on various indoor surfaces. It helps pinpoint sources of indoor air pollutants like microbial growth, dust accumulation, or residues from cleaning products and building materials. For instance, in December 2023, the World Health Organization reported that household air pollution contributed to an estimated 3.2 million annual fatalities, including 237,000 deaths among children under five in 2020. Additionally, in April 2023, the American Lung Association noted that nearly 36% of Americans live in areas with unfavorable ozone or particle pollution ratings. These statistics highlight the urgency of addressing IAQ issues, driving demand for surface analysis solutions.
Leading companies in the surface analysis market are focusing on innovation, such as X-ray photoelectron spectroscopy (XPS), to gain a competitive advantage. XPS is a surface analysis technique that provides insights into atomic composition, chemistry, and surface contamination of samples. For example, in May 2021, Thermo Fisher Scientific launched the Thermo Scientific Nexsa G2 surface analysis system, an automated XPS system designed to enhance productivity and innovation in academic and industrial labs. This system uses X-rays to analyze solid surfaces, providing detailed information about elemental composition and chemical states.
In September 2022, Park Systems acquired Accurion GmbH to strengthen its position in the surface analysis market. This strategic move allows Park Systems to expand its capabilities in atomic force microscopy (AFM) and nano-metrology solutions, enhancing its presence in Asian and European markets. Accurion GmbH, known for its surface measuring systems, adds valuable expertise to Park Systems' portfolio, enabling them to offer comprehensive surface analysis solutions to their customers.
Major companies operating in the surface analysis market are Thermo Fisher Scientific Inc., KLA Corporation, Carl Zeiss AG, Agilent Technologies Inc., Keyence Corporation, Keysight Technologies Inc., Hitachi High-Tech Corporation, Shimadzu Corporation, Bruker Corporation, HORIBA Ltd., JEOL Ltd., Renishaw plc, Leica Microsystems, Veeco Instruments Inc., Oxford Instruments plc, Park Systems, Gatan Inc., Filmetrics Inc., Anton Paar GmbH, Rigaku Corporation, McCrone Group, Elionix Inc., Nanosurf AG, NT-MDT Spectrum Instruments, SPECS GmbH
North America was the largest region in the surface analysis market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surface analysis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the surface analysis market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The surface analysis market includes revenues earned by entities providing services such as surface roughness analysis, atomic force microscopy, elemental analysis, contact angle measurement, and others. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Surface Analysis Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on surface analysis market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for surface analysis? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The surface analysis market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.