Key Market Dynamics in Focused Ion Beam Market

Northbrook, USA, 2020-Jan-14 — /EPR Network/ —

The focused ion beam market is projected to grow from USD 820 million in 2019 to USD 1,185 million by 2024; it is expected to grow at a CAGR of 7.6% from 2019 to 2024. Key factors fueling the growth of this market include the increasing demand for carrying out failure analysis of different components and rising use of ion beam lithography process in the electronics & semiconductor industry for producing patterns on the surface of samples.

Focused ion beam systems are almost identical to scanning electron microscopes (SEM) except for the use of a focused beam of ions for scanning the surface of samples in vacuum chambers. These systems are precise maskless micro and nanofabrication tools that control the energy and the intensity of ion beams for precise nano-machining of small components or removal of unwanted materials. Companies operating in the focused ion beam ecosystem manufacture focused ion beam systems based on 3 types of ion sources: Ga+ liquid metal, gas field, and plasma. These systems are used in failure analysis, nanofabrication, device modification, circuit edit, and counterfeit detection applications in semiconductor & electronics, industrial science, bioscience, and material science verticals.

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In 2018, the Ga+ liquid metal segment captured the largest share in the focused ion beam market. The growth of this segment can be attributed to several advantages offered by focused ion beam systems using Ga+ liquid metal as an ion source. Moreover, the majority of manufacturers of focused ion beam systems are deploying Ga+ liquid metal ion sources in their systems. Several applications such as ion implanters, ion projection lithography, and particle accelerator injectors use plasma ion source-based focused ion beam systems.

Among verticals, the electronics & semiconductor segment accounted for the largest share of 51.9% of the focused ion beam market in 2018. The growth of this segment can be attributed to the increasing consumer demand for fast, compact, pocket-friendly, and highly power-efficient portable devices. As the size of electronic components shrinks, it affects their reliability and performance. Focused ion beam systems are required to analyze the performance of these components.

Among applications, the failure analysis segment accounted for the largest share in the focused ion beam market. The growth of this segment can be attributed to the increased use of focused ion beam systems for carrying out failure analysis of components or devices to recognize the cause leading to their failure during their manufacturing process. Manufacturers use focused ion beam systems to test and analyze the performance of different components or devices, thereby leading to an increased demand for these systems from the electronics & semiconductor vertical.

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The focused ion beam market in APAC is projected to grow at the highest CAGR from 2019 to 2024. The growth of the market in this region can be attributed to increased investments in R&D activities by government organizations and manufacturing companies as well as expansions of research centers carried out by focused ion beam system manufacturers in APAC. Governments of countries such as Japan, China, and India have been taking rapid initiatives to encourage companies to set up their manufacturing and R&D facilities there. For instance, in 2014, the Government of India started the Make in India program to attract huge foreign investments and businesses in India.

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