Hyderabad, India, March 11, 2017 (GLOBE NEWSWIRE) -- The report “ Failure Analysis Market: By Test (NDT, Weld Testing, Fractography, Mechanical, EDS); By Technique (Sneak Circuit Analysis, FTA, FMEA); By Product (Dual Beam Systems, ION Beam); By Application (Oil & Gas, Aerospace, Automotive) – Forecast (2016-2021) ”, published by IndustryARC, Americas region is estimated to be the market leader throughout the forecast period.
Browse 38 Market Tables, 101 Figures spread through 183 Pages and an in-depth TOC on “Failure Analysis Market”
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Failure is termed as the loss of functional integrity of a system or a group of system leading to loss of life, economy, or output. Failure Analysis refers to the analysis of possible ways of failure of electrical, electronic and mechanical parts of a system that has undergone a breakdown. Several tests are performed to analyze the occurrence. The analysis is done to ensure product life as well as its quality, prevent product malfunction, achieve process reliability, prevent customer dissatisfaction, and prevent safety or environment hazards. This analysis is done in almost every industry to increase the reliability of the output. The failure analysis market boosts revenues due to increase in demand for failure analysis equipment from wireless communication and electronics manufacturing industries.
The global failure analysis market is estimated to reach $7.3 billion in 2021, growing CAGR of 7.76% through 2016 to 2021. Increasing applications for failure analysis and technological advancements is projected to drive the failure analysis market.
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Scope & Regional Forecast of the Failure Analysis Market
The Americas region accounted for the highest share of the revenue in 2015; this market is estimated to be the market leader throughout the forecast period. The American market is estimated consistent growth through the forecast period. However the fastest growing market will be APAC owing to the high rate of industrialization in the region. Moreover, the semiconductor industry in APAC has witnessed increased focus on reliability of products in recent years leading to growing NDT and functional failure testing prior to distribution.
This market is subsequently segmented by geographical regions; Americas, Europe, Asia-Pacific (APAC) and Rest of the World (RoW) have also been provided to give a comprehensive analysis of the market. Apart from this, the report also includes pricing and value chain analysis separately that will provide key insights and market scenario. Forecasts are provided for all the market segments for the period 2016-2021.
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Segmentations Involved in the Failure Analysis Market
The Failure Analysis Market can be broken down into various segmentations on the basis of -
- By Test : Contamination Analysis, Corrosion Investigation, Fractography, Metallography, NDT and Others.
- By Technique : Destructive Physical Analysis, Physics of Failure Analysis, Fault Tree Analysis (FTA) and Others.
- By End User Industry : Oil and Gas, Aerospace, Automotive, Construction, Food and Beverage and Others.
- Geographical Location : Americas, Europe, Middle East, APAC and RoW.
Some of the sample companies profiled in the Failure Analysis Market are as follows:
- 3D Engineering Solutions
- Acme Speciality Manufacturing Co.
- ADLINK Technology
- Aeroflex (Cobham)
- Buehler
- Chroma ATE
- CoreTest Technologies
- Cyient
- DELTA Microelectronics
- EAG, Inc.
- Exponent, Inc
- Marvin Test Solution
- MISTRAS Services
- Raytheon Co
- Rohde & Schwarg Gmbh & Co KG
- SiConTech
- Teradyne, Inc.
- Westpak, Inc
Why buy this report?
- The overall market has been consolidated from the perspective of different geographic locations and key economies for carbon capture and storage market.
- Identifies growth sectors and factors driving or constraining the market.
- The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
- The study includes the demand of this particular market on a global and regional scale for a six year period of 2016 - 2021, to assess how the market will develop.
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About IndustryARC:
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