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Focused Ion Beam Market is expected to reach USD 4624 million by 2021: Transparency Market Research

Albany - NY, Sept. 3, 2015 (GLOBE NEWSWIRE) -- According to a new market report published by Transparency Market Research "Focused Ion Beam Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021" the focused ion beam market was valued at USD 2820 million in 2014 and is estimated to grow at a CAGR of 7.4% and reach USD 4624 million by 2021.

Focused ion beam (FIB) is an advanced technique which is particularly used in materials science, semiconductor industry and also increasingly used in biological field for deposition, ablation of materials and site specific analysis. Increasing application of focused ion beam systems in material science and semiconductor industry is primarily driving the growth of the market. Focused ion beam microscopy is being used in a wide range of material science applications, including specimen preparation and in the generation of 3D visualization. Furthermore, increase in demand for ion lithography is also set to bolster the growth of the global market. In addition, FIB systems are used widely used in the semiconductor industry to detect the causes of failure in equipment. Therefore, these factors are expected to impact the growth of focused ion beam market positively during the forecast period from 2015 to 2021.

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The global focused ion beam market by ion sources has been segmented broadly into four segments: gallium, gold, iridium and others (including gas field ionization sources and liquid metal alloy ion sources). Gallium ion source held the largest share of the market globally in 2014 and accounted 39.6%. Currently, most of the FIB instruments are equipped with liquid metal ion source (LMIS) which emit gallium ions. Gallium is preferred over other sources of ion, owing to its low vapor pressure, low melting point and un-reactive nature. Moreover, gallium ions are sufficiently heavy for the purpose of ion milling.

In terms of applications of focused ion beams, the global market is bifurcated into six segments, namely: circuit edit, device modification, material science, nanofabrication, failure analysis and others (including biological science). Circuit edit held the largest share of the market in 2014. FIB circuit edits help to cut traces or add metal connections within a chip. These circuit edits employ very finely focused gallium ions in order to image, etch and finally deposit materials on integrated circuits.

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The global focused ion beam market has been divided broadly into five geographic regions, namely North America, Europe, Asia Pacific, Middle East and Africa and Latin America. In 2014, North America acquired the largest share of the global market in terms of revenue and accounted for 39.2%. The market in North America is primarily driven by increasing demand for focused ion beam system in the semiconductor and manufacturing industries. Asia Pacific held the held the second largest market globally and accounted for 26.2%. The market in this region is driven by the high penetration of nanotechnology in emerging countries such as China, Japan and India among others.

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Some of the major players in the focused ion beam market are Hitachi High-Technologies Corporation (Tokyo, Japan), FEI (Hillsboro, United States), Evans Analytical Group (California, United States), Carl Zeiss AG (Jena, Germany) and Fibics Incorporated (Ottawa, Canada) among others.

This report offers and exhaustive analysis of the global focused ion beam market along with the market estimates, in terms of revenue (USD million) for the forecast period from 2015-2021. Moreover, the global market has been segmented on the basis of ion sources and application. Cross sectional analysis of the focused ion beam market across five broad geographical regions has also been covered under the scope of the report.

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The market has been segmented as follows:

Focused ion beam market, by Ion Sources

  • Gallium
  • Gold
  • Iridium
  • Others 

Focused ion beam market, by Applications

  • Circuit edit
  • Device modification
  • Material science
  • Nanofabrication
  • Failure analysis
  • Others

Focused ion beam market, by Geography: The market is broadly segmented on the basis of geography into:

North America

  • United States
  • Canada
  • Mexico
  • Europe

United Kingdom

  • Germany
  • Italy
  • France
  • Rest of Europe

Asia Pacific

  • China
  • India
  • Japan
  • Oceania
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Middle East and Africa (MEA)

  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA

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Source:Transparency Market Research