Atomic Force Microscopy Market

Market Leaders - Atomic Force Microscopy (AFM) Market

The atomic force microscopy market was valued at USD 441 million in 2019 and is projected to reach USD 586 million by 2024; it is expected to grow at a CAGR of 5.8% during the forecast period. The key drivers of atomic force microscopy is committed support from several governments to promote  nanotechnology and nanoscience research and development. Also, high demand for 3D ICs from semiconductor and electronics industry is is expected to lay new growth opportunity for atomic force microscopy market during the forecast period.

The atomic force microscopy market is moderately competitive with a significant presence of multi-national, domestics, and start-up companies. New product launches and developments were the key strategies adopted by players to increase their shares in the atomic force microscopy market from 2017 to 2019. Product launches and developments accounted for a share of 67% of the overall growth strategies. The atomic force microscopy market is concentrated with giant players, allowing them to invest heavily in R&D.

The major players in atomic force microscopy market are Bruker (US), Park Systems (South Korea), Hitachi (Japan), Horiba (Japan), Oxforfd Instrumenst (UK), Nanosurf (Switzerland), WITec (Germany), NT-MDT (Russia), NanoMagnetics Instruments (UK), Nanonics Imaging (Israel).

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Bruker is recognized as one of the major players in developing, manufacturing, and distributing hi-performance scientific instruments and analytical & diagnostic solutions, employed to determine the structural properties of chemical, biological, and industrial material samples. The company primarily focuses on acquisitions and product launches to expand its business. For instance, it acquired JPK Instruments AG located in Berlin, Germany, which provides microscopy instrumentation for biomolecular and cellular imaging, as well as force measurements on single molecules, cells, and tissues. JPK adds in-depth expertise in live-cell imaging, cellular mechanics, adhesion, and molecular force measurements, optical trapping, and biological stimulus-response characterization to Bruker.

Park System is among the leaders in this market. Park System was founded in the year 1997 and is headquartered in Suwon, South Korea. The company specializes in nano measuring instruments employed for development, production, and selling of AFM with advanced technology and automated software. The company emphasizes on expanding its market and improving geographic footprint by entering into new markets. The key factors for the company’s market leadership include a well-positioned product portfolio, strong brand name, and global presence.

Related Reports:

Atomic Force Microscopy (AFM) Market by Offering (AFM, Probes, Software), Grade (Industrial Grade, Research Grade), Applications (Materials Science, Life Sciences, Semiconductor & Electronics, Academics), and Region - Global Forecast to 2024

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Report Code
SE 7381
RI Published ON
10/4/2019
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