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New report shares details about the acoustic microscopy market

Medical Market Research

Study papers on Acoustic Microscopy market and regional forecast. Acoustic Microscopy market players are Sonoscan (US), Hitachi (Japan), PVA TePla (Germany), EAG Laboratories (US), NTS (US), Sonix (US), IP-holding (Germany), Insight K.K. (Japan), OKOS (US), MuAnalysis (Canada), Crest (Malaysia), Predictive Image (France), PicoTech (Israel), Acoustech Systems (US), and Accurex (India).

Download Brochure of Acoustic Microscopy Market spread across 144 pages, Profiling 20 Companies and Supported with 61 Tables and 51 Figures is now available at…ple?rname=1338270

Acoustic microscopy market is estimated to be USD 951.0 million in 2018 and is projected to reach USD 1,241.2 million by 2023, at a CAGR of 5.47% between 2018 and 2023.Key factors driving the growth of the acoustic microscopy market includes safety regulations formulated by governments and international bodies, growth of various end-use industries, and increased funding for R&D in microscopy. High initial investments and overall operating cost, and implementation of excise tax and customs duty on acoustic microscopes are acting as key restraints to the growth of the acoustic microscopy market.

Target Audience

  • Electronic Hardware Equipment Manufacturers
  • Acoustic Microscopy Software and Solution Providers
  • Acoustic Microscopy Technology Providers
  • Technical Universities
  • Government and Private Research Organizations
  • Standardization and Testing Firms
  • Government Bodies (Regulatory Authorities and Policymakers)
  • Installation, Maintenance, and Service Providers
  • Research Organizations and Consulting Companies
  • Private Equity Firms and Startup Companies

Acoustic microscopy market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period, owing to favorable funding scenario for microscopy research, availability of technologically-advanced microscopes, and increased focus on nanotechnology. Additionally, pioneering research undertaken by key institutes in APAC countries is contributing to the growth of the acoustic microscopy market in the Asia Pacific region.

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Based on application, the market for Non-Destructive Testing (NDT)is projected to grow at the highest CAGR from 2018 to 2023. This growth can be attributed to the increased awareness regarding industrial non-destructive testing methods and their benefits, such as increased life of equipment and improved production output.

The emergence of automated NDT equipment that offer accurate results is a key factor driving the growth of the non-destructive testing application.

The acoustic microscopy market for services is expected to grow at the highest CAGR from 2018 to 2023. This growth can be attributed to increase in the number of Non-Destructive Testing (NDT) service providers and rise in demand for NDT services from the semiconductor and automotive sectors.

There is an inevitable need for NDT inspection in industries, primarily during engineering, assembling, and operating stages. Additionally, NDT services are adopted by various industries to prevent recurring issues in system components.

Competitive Landscape

1 Overview
2 Ranking of Market Players
3 Competitive Scenario
3.1 New Product Launches
3.2 Partnerships
3.3 Acquisitions
3.4 Expansions

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This report covers the acoustic microscopy market based on offering, industry, application, and region. Based on offering, the acoustic microscopy market has been segmented into microscopes, accessories & software, and services.

Based on industry, the acoustic microscopy market has been segmented into semiconductor, life science, material science, nanotechnology, and others (automotive and aerospace). Based on application, the acoustic microscopy market has been segmented into Non-Destructive Testing (NDT), failure analysis, product reliability testing/quality control, and others (counterfeit detection and process validation).

Based on region, the acoustic microscopy market has been segmented into North America, Europe, Asia Pacific (APAC),and Rest of the World(RoW).

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