North America Optical Microscopy Market is Expected to Reach $829.9 Million by 2019, at a CAGR of 3.0% From 2014 to 2019
FORT WORTH, Texas, April 27, 2015 /PRNewswire/ --
The North America optical microscopy market is segmented based on type, application, and geography and includes analysis and forecast of revenue. This market was valued at $728.9 million in 2014, and is expected to reach $829.9 million by 2019, at a CAGR of 3.0% through the forecast period.
Browse through the TOC of the North America Optical microscopy market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in this market, and is supported by various tables and figures.
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This market is segmented and forecast based on types, applications, and regions. The types segment of this market comprises inverted microscope, stereo microscope, phase contrast microscope, fluorescence microscope, confocal microscope, near field microscope, and others. The market is further segmented and forecast based on applications such as semiconductor, life sciences, material sciences, nanotechnology, and others.
Countries contributing towards the optical microscopy market in North America are the U.S., Mexico, and Canada. Currently, the U.S. is considered to be a huge market for optical microscopy, due to a large demand from the country's life sciences and material sciences application market. Major companies operational in the U.S. region are FEI Company (U.S.), Leica Microsystems (Germany), Vision Engineering (U.K), and Keyence Corporation (Japan) among others.
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It is expected that the demand for the optical microscopes will increase due to its low price compared to other microscopes during the forecast period. Also, new product developments and increasing use of optical microscopes in life sciences and material sciences applications is driving the market. In the recent years, increasing popularity of non-commercial institutions such as research laboratories and universities is expected to drive the optical microscopy market. Academic institutions, government research institutes, and other private bodies have emerged as major end users of optical microscopes as they are available at low cost; this is driving the optical microscopy market. The optical microscopy is used in semiconductor and nanotechnology applications. The life sciences application had the highest market size valued at $270.4 million in 2014, and is expected to grow at a CAGR of 3.3% during the forecast period.
In the North America optical microscopy market, Near Field microscope is the fastest growing product due to its wide use in life sciences, material sciences, and other applications; it is expected to grow at a CAGR of 4.3% during the forecast period.
This report also includes market share and value chain analyses, along with market metrics such as drivers and inhibitors. In addition, it presents a competitive landscape and company profiles of key players in the market.
Related Reports:
The Europe Optical Microscopy Market is estimated to register a CAGR of 3.7% during the forecast period of 2014-2019. Each classification done for the Europe market comprises an extensive segmentation with market estimates and forecasts for each sub-market. The report analyzes the entire optical microscopy industry's value chain.
http://www.micromarketmonitor.com/market/europe-optical-microscopy-2143479221.html
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