Major Players are Carl Zeiss (Germany), FEI Co. (U.S.), Leica Microsystems (Danaher Corp.) (U.K.), Nikon Corporation (Japan), and Olympus Corporation (Japan)
(PRWEB) December 26, 2014
The microscopy market is estimated to grow at a CAGR of 7.2% to reach $5,756.0 million by 2019. Optical microscopy is the largest segment of the microscopy market. The electron microscopes product segment is expected to show the fastest growth during the forecast period.
Rising focus on nanotechnology, technological advancements, and increasing federal support to drive growth of the microscopy market.
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Developing markets such as the Middle East, Brazil, Argentina, Mexico, China, and India are lucrative markets for microscopy, owing to favorable government incentives and corporate funding.
The report segments the global microscopy market by product, application, end user, and geography. The optical microscopy segment accounted for the largest share of the global microscopy market, by product. However, the electron microscopes segment is expected to grow at the highest CAGR in the forecast period. Super-resolution microscopes are the key playing field in the microscopy product market, owing to ongoing technological advancements in this segment.
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On the basis of applications, the microscopy market is categorized into semiconductors, life sciences, nanotechnology, and material science. Nanotechnology is expected to be the new revenue pocket in the application market. Rising focus on nanotechnology, favourable government and corporate funding, and technological advancements are propelling the growth of these segments.
Academic institutes are the major end user of the microscopy market, followed by industries. The large share of this segment can be attributed to increase in research activities and favourable government funding.
New and innovative product launches was the dominant strategy adopted by key industry participants to increase their market share and cater to unmet needs.
The deviations and overlap of revenue between applications and products in a number of sources was the major challenge faced while estimating market size. This challenge was overcome by validating data through a large number of industry experts and key opinion leaders.
From an insight perspective, this research report focuses on qualitative data, market size, and growth of various segments and sub segments, competitive landscape, and company profiles. The qualitative data covers various levels of industry analysis such as market dynamics (drivers, restraints, opportunities, and threats), winning imperatives, and burning issues.
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The report also offers market sizes and data on the growth of various segments in the industry. It focuses on emerging and high-growth segments, high-growth regions, and initiatives of governments. The competitive landscape covers growth strategies adopted by industry players in the last three years. The company profiles comprise basic views on key players in the microscopy market and the product portfolios, developments, and strategies adopted by market players to maintain and increase their market shares in the near future. The above-mentioned market research data, current market size, and forecast of future trends will help key players and new entrants to make the necessary decisions regarding product offerings, geographical focus, change in approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.
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