Scanning Electrochemical Microscopy Market | Growth to Accelerate at a CAGR of Almost 7% Through 2024 | Technavio
The scanning electrochemical microscopy (SECM) market size is set to grow by USD 41.9 million accelerating at a CAGR of almost 7%, during the period spanning over 2020-2024. One of the key factors driving growth is the miniaturization of electronic devices. The ongoing trend of miniaturization has led semiconductor manufacturers to focus on reducing the size of semiconductor wafers and increase the energy efficiency of ICs. The extensive use of SECM in research on corrosion is a significant trend that will further stimulate market growth. SECM is widely adopted for studying numerous factors, including electron transfer kinetics, surface microstructure, initiation and propagation of pitting, and the effectiveness of protective measures such as treatments, inhibitors, and coatings.
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Technavio has announced its latest market research report titled Global Scanning Electrochemical Microscopy (SECM) Market 2020-2024 (Graphic: Business Wire)
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Parent Market Analysis
Technavio categorizes the global scanning electrochemical microscopy market as a part of the global life sciences tools and services market. The global life sciences and tools market covers products and companies engaged in the R&D of a variety of product categories, including capital equipment, instruments, accessories, and consumables that are used in the R&D of pharmaceuticals and biotechnology products, as well as the laboratory diagnosis of various diseases. It also covers life sciences-related services, including contract research, contract manufacturing, and contract sales.
Growth in the global …