by The atomic force microscope (AFM) market has experienced significant growth in recent years owing to the increased adoption of microscopy techniques in various industrial applications such as semiconductors, materials science, data storage and life sciences. Atomic force microscopes help obtain high-resolution scans of various materials at a nano level to analyze their surface topography, mechanical properties and composition. Advantages such as ability to work in air, liquid or vacuum environments and capability of 3D mapping of surfaces at nanoscale have fueled its demand across industries.
The Global Atomic Force Microscope Market is estimated to be valued at US$ 602.4 Mn in 2024 and is expected to exhibit a CAGR of 4.8% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the atomic force microscope market are Bruker, Semilab Inc., Oxford Instruments, Anton Paar, Attocube Systems AG, Novascan Technologies, Inc., Nanosurf AG, Nanonics Imaging Ltd, Nanomagnetics Instruments, NT-MDT Spectrum Instruments and Advanced Technologies Center. The growing scope of nanotechnology in various fields along with increasing R&D investment from both public and private organizations has led to heightened demand for advanced microscopy techniques. Additionally, rapid global expansion of industries such as semiconductor, life sciences and materials wherein AFM finds extensive usage has been propelling the overall market growth trajectory.
Market key trends
One of the key trends gaining traction in the Atomic Force Microscope Market Size is increased focus on developing multi-functional microscopes. Manufacturers are incorporating additional modes such as near-field scanning optical microscopy (NSOM), fluorescence and infrared techniques to enable simultaneous collection of diverse data sets. This has augmented their application feasibility. Furthermore, continuous technological upgrades including higher scan speeds, improved z-axis resolution and enhanced image processing algorithms are expanding the capability of atomic force microscopes. Miniaturization of equipment size without compromising on performance attributes is another evolution accelerateing the industry expansion.
Porter’s Analysis
Threat of new entrants: High initial investments for infrastructure and skilled technicians making a barrier for new entrants.
Bargaining power of buyers: Buyers have moderate bargaining power owing to availability of substitutes and product differentiation by existing players.
Bargaining power of suppliers: Suppliers have lower bargaining power due to availability of alternative component manufacturers.
Threat of new substitutes: Threat from new substitutes is moderate as users prefer established brands over cost-effective alternatives.
Competitive rivalry: Intense competition exists among existing players focusing on new product innovations, geographic expansions and collaborations.
Geographical Regions
North America holds maximum share in the atomic force microscope market due to extensive research & development investments by academic institutions and industry players in countries like the US and Canada.
Asia Pacific region is expected to witness the fastest growth over the forecast period owing to increasing government initiatives for nanotechnology developments in emerging economies of China, India, Japan and South Korea.
*Note:
1. Source: Coherent Market Insights, Public Source, Desk Research
2. We have leveraged AI tools to mine information and compile it.
