Failure Analysis Market Outlook 2023
Posted by Venkatesh on November 15th, 2018
According to the new market research report by IndustryARC titled “Failure Analysis Market By Test (Contamination, Fractography, Mechanical, Chemical,Corrosion, Others) By Technique (FMEA, FMECA, FTA, Others) ByIndustry (Oil and Gas, Automotive, Construction, Industrial,Defense, Others): Forecast (2018-2023)”, the market is driven by the increasing demand of the failure analysis of equipment in wireless communication and electronics manufacturing industries.
Americas to dominate the Failure Analysis Market during the forecast period
Americas is expected to have the highest growth in the Failure Analysis Market due to the increased
In Asia Pacific, the growing regulations regarding the safety of the equipment in medical, beverage, food, and oil & gas industries drive the growth of the failure analysis equipment in the region.
Selected Analysis done in the full Report:
In the oil and gas industry, failure analysis helps to find the cause of failures and helps to improve the performance of the product or components associated, thereby reducing the future occurrences of failures. Various failure and damage analysis services across the oil and gas industries include material assessment, corrosion investigation, and mitigation, where an investigation is due to the damage caused by fire, fractography, etc. The technical failure analysis services include forensic engineering, pipeline failure assessment, stress analysis, and trace evidence analysis.
Aging, Mechanical failures, Corrosion, stress, welding defects, pressure surge problems, and wall thickness are the main factors responsible for failures across the oil and gas industries. These factors drive the demand for the failure modes effect analysis.
To Access/Purchase the full report, please browse the link below:
Excerpts on Market Growth Factors
• The growth of the Biosciences industry drives the demand for the fault tree analysis during the forecast period.
• Increase in the maintenance and service cost for the equipment in the manufacturing sector enhances the growth of common mode failure analysis.
• Quality and product differentiation at early stages of the value chain are the factors responsible for sustainable manufacturing.
Key players of the Failure Analysis Market
The key players of the Failure Analysis Market are Thermofisher, FEI Company, and Carl Zeiss SMT GmbH. Thermofisher Scientific is the global leading company that accelerates life sciences research, solves complex analytical challenges, and improves laboratory productivity.FEI Company provides new products that enhance the advanced process control, root cause failure analysis for changing the device functionality. Carl Zeiss SMT GmbH has launched ZEISS MeRiT neXT system for repairing the next generation defects.
Failure Analysis Market report is segmented as below
Growing demand from the electronics manufacturing industry drives the growth of the Failure Analysis Market.
A. Failure Analysis Market By Test
B. Failure Analysis Market By Technique
C. Failure Analysis Market – By End-User Industry
D. Failure Analysis Market By Product
E. Failure Analysis Market By Geography(14+ countries)
F. Failure Analysis Market By Entropy
Companies Cited/Interviewed in Failure Analysis Market:
1. MOTION X CORPORATION
What can you expect from the report?
Any other custom requirements can be discussed with our team, drop an e-mail to email@example.com to discuss more about our consulting services.
IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences &Healthcare.
Like it? Share it!
About the AuthorVenkatesh
Joined: August 23rd, 2018
Articles Posted: 184
More by this author