Failure Analysis Market

Date: 2016-05

Failure is termed as the loss of functional integrity of a system or a group of system leading to loss of life, economy, or output. Failure Analysis refers to the analysis of possible ways of failure of electrical, electronic and mechanical parts of a system that has undergone a breakdown. Several tests are performed to analyze the occurrence. Failure Analysis is a process that is performed to collect, determine and analyze the factors that have resulted in an undesired loss of functionality, that is failure of structures, assemblies or components. The importance of Failure Analysis lies in its need to improve the product and its performance aspects, thereby assisting in solving industrial problems.

Failure analysis is done to ensure product life as well as its quality, prevent product malfunction, achieve process reliability, prevent customer dissatisfaction, and prevent safety or environment hazards. This analysis is done in almost every industry to increase the reliability of the output. The failure analysis market boosts revenues due to increase in demand for failure analysis equipment from wireless communication and electronics manufacturing industries.

The global failure analysis market is estimated to reach $7.3 billion by 2021 growing at a CAGR of 7.76% through 2016 to 2021. The Americas region accounted for the highest share of the revenue in 2015; this market is estimated to be the market leader throughout the forecast period. The American market is estimated consistent growth through the forecast period. However the fastest growing market will be APAC owing to the high rate of industrialization in the region. Moreover, the semiconductor industry in APAC has witnessed increased focus on reliability of products in recent years leading to growing NDT and functional failure testing prior to distribution.

The report on failure analysis has been divided into four segments namely by test, by technique, by product and by end user industry.

The various Failure Analysis Tests incorporated in the study include-

Contamination Analysis
Corrosion Investigation
Mechanical Testing
Chemical Analysis and Testing
Weld Testing
Microstructure Evaluation
Adhesive Identification
Coating Contamination
Thermal Mapping
Electrical Overstress(EOS)/Electrostatic Discharge(EDS)
Regulatory Compliance Testing

This market is subsequently segmented by geographical regions; Americas, Europe, Asia-Pacific (APAC) and Rest of the World (RoW) have also been provided to give a comprehensive analysis of the market. Apart from this, the report also includes pricing and value chain analysis separately that will provide key insights and market scenario. Forecasts are provided for all the market segments for the period 2016-2021.

The major players in the failure analysis market include:

Thermo Fisher Scientific (U.S.)
FEI Company (U.S.)
Carl Zeiss SMT GmbH (Germany)
Hitachi High-Technologies (Japan)
JEOL Ltd. (Japan) and others

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