Published On : 05 Nov 2018
In the global atomic force microscopes (AFM) market, savvy players are seen launching newer and better products boasting of high degree of efficiency. They are also seen entering into partnerships with other companies to tap into synergies. Such efforts and initiatives by players are having a positive impact on the market growth.
As per a recent report on the global atomic force microscopes (AFM) market by Transparency Market Research, the market would likely rise at a steady 4.5% CAGR during the forecast period beginning from 2018 and ending in 2026. The report valued the market at US$471.9 mn in 2017.
Need for High Resolution Microscopes Driving Demand
At the forefront of driving demand in the global atomic force microscopes (AFM) market is the rising need for high resolution microscopes that can provide greater scanning quality and also a greater degree of accuracy. High resolution microscopes play a crucial role in creating a three-dimensional surface profile of a sample. The different nanotechnology providers are the main end users in the market. They are majorly fuelling sales with their demand for sophisticated microscopes for their various nano-scale research demands.
The pressing need for high resolution microscopy especially in the domain of biomedicine and biology has provided a major boost to the sales in the global atomic force microscopes market. This is because of the high resolution structure they help to produce that makes it easier to scrutinize the mechanical properties and determine force interactions.
Another prominent demand generator in the global atomic force microscopes (AFM) market is the flourishing semiconductors and electronics industry. This is because of the usage of the product in making smartphones and other electronic devices.
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By Dint of Being Home to Key Players, North America Leads Global Atomic Force Microscopes (AFM) Market
From a geographical standpoint, currently North America is leading the global atomic force microscopes (AFM) market. Presence of several nimble players in the region who are seen offering more advanced products underpinned by cutting-edge technologies are mainly responsible for market growth in the region. For instance, in 2017 a Canada-based company known as Integrated Circuit Scanning Probe Instruments (ICSPI) rolled out the highest resolution single-chip atomic force microscope (AFM) for various science and technology uses.
Europe and Asia Pacific Prove Promising Regions in Global Atomic Force Microscopes (AFM) Market
Other promising regions in the global atomic force microscopes (AFM) market are Europe and Asia Pacific. While the market in Europe is being mainly powered by the U.K., the one in Asia Pacific is mainly being driven by China and India. In Europe, most semiconductors and electronics players are offering high resolution microscopes for the food industry for revealing processes of property changes while food processing and storage.
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