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According to a recently published BCC Research report, MICROSCOPY: THE GLOBAL MARKET (IAS017B), the global market for microscopes and accessories was worth about $2.1 billion in 2006. Sales are projected to exceed $2.3 billion in 2007 and approach $3.6 billion in 2012, a compound annual growth rate (CAGR) of 9.1% between 2007 and 2012.
The fastest growing segments of the market are scanning probe microscopes, with a CAGR of 19.4% between 2007 and 2012, and charged particle microscopes with a CAGR from 2007 to 2012 of 9.0%. Optical microscopes are projected to have the lowest growth rate of any major market segment (5.6% CAGR).
As a result, charged particle microscopes, which have the largest market share of any product segment, are projected to increase their market share further, from 52% in 2006 to 52.1% in 2012. Optical microscopes are projected to lose market share, from 26.2% in 2006 to 21.9% in 2012.
In 2006, semiconductor manufacturing was the dominant end-user market for microscopes, with 31% of the total market, followed by life sciences (27%) and materials (24%), and nanotechnology (10%). Nanotechnology and semiconductor manufacturing are the fastest-growing end-user markets with CAGRs of 19.4% and 10.2% respectively.
As a result, by 2012, the semiconductor industry is expected to account for 34% of the overall microscope market and nanotechnology 17%. Other end-user segments should lose market share over the next 5 years.
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research ( http://www.bccresearch.com ), 40 Washington Street, Suite 110, Wellesley, MA; Telephone: 866-285-7215, as the source and publisher, along with report number, which can be found immediately after the report title. Thank you.
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Dawn Peters, 701-489-7301 x603
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