Market Share of Failure Analysis Industry
The failure analysis market is fragmented and highly competitive, featuring several key players. These leading companies, known for their significant market presence, are actively seeking to expand their operations across various industry sectors. Many of these firms are employing strategic collaborations to bolster their market share and profitability. Companies operating within this market are also engaging in acquisitions to enhance their product capabilities. Notable players in this sector include Presto Engineering Inc., TUV SUD, Rood Microtec GmbH, Eurofins EAG Laboratories, and Eurofins Maser BV.
• May 2024 - Hitachi High-Tech Corporation unveiled its latest offerings, the SU3900SE and SU3800SE High-Resolution Schottky Scanning Electron Microscopes. These devices are designed to deliver precise observations of large, weighty specimens at the nano level. Notably, they have a camera navigation feature that seamlessly merges images, facilitating operators to view the complete specimen. This enhancement not only aids in pinpointing areas of interest but also elevates the overall user experience.
• January 2024 - India's spotlight once again turned to electric vehicles after a Volvo C40 Recharge electric SUV, priced at a hefty INR 63 lakh, caught fire in a recent accident. While the exact cause remains elusive, the incident underscores the criticality of product failure analysis. Studies underscore this, revealing that up to 80% of new products falter within their inaugural year on the market.
Failure Analysis Market Leaders
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Presto Engineering Inc
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TUV SUD
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Rood Microtec GmbH
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Eurofins EAG Laboratories
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Eurofins Maser BV
*Disclaimer: Major Players sorted in no particular order
