Cross Section Polisher Market Size, Share, Growth, and Industry Analysis by Type (Fully Automatic Cross Section Polisher, Semi-automatic Cross Section Polisher), by Application (University, Research Institute, Others), Regional Insights, and Forecast From 2024 To 2030

Updated On: 08 April 2024

Cross Section Polisher Market Report Overview

The global cross section polisher market size was 439.2 million in 2022. As per our research, the market is expected to reach USD 636.9 million in 2028, exhibiting a CAGR of 6.4 % during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with cross section polisher market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market growth and demand returning to pre-pandemic levels once the pandemic is over. 

A Cross Section Polisher is a device to prepare pristine cross sections of a specimen for a scanning electron microscope (SEM), electron probe micro analyser (EPMA), or auger micro probe. It can prepare cross sections of various materials such as metals, ceramics, plastics, etc., and has been utilized in various fields. The cross section polisher facilitates the preparation of cross sections of an extensive variation of materials using an ion beam. The capability to generate perfect cross sections of paper, shale, yeast, latex beads, coatings, and wire bonds, or to make a reflected surface on soft materials such as gold, polymers, ceramics, and glass has significantly improved investigation and scrutiny. The research report has merged the examination of different factors that enhance the market growth.  The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come. Recently designed multi-purpose platform to fulfil progressively varied market needs and allow multi-functionality by operating a variety of sample holders. Participants are fixing their efforts on encouraging R&D. Technological development are supporting the regional market growth. Companies coming up with progressive technological solutions for firming their positions.

COVID-19 Impact:  Pandemic hampered the market due to unexpected disruption in the sector

Covid 19 pandemic has extremely affected the whole world. It caused many unexpected disruption and affected the industry. Covid 19 had negative impact on the market due to economic slowdown, unpredictability in financial sector and high unstable market. The pandemic resulted in decreased demand due to a disrupted supply chain, drop in sales of products, delivery schedules. Travel bans imposed affected business collaboration and partnership. Demand had recently reduced due to travel bans and lockdown during the COVID-19 pandemic. The continuous loss in the business due to the lockdown measures is projected to directly influence the growth of the investments in the market.

Latest Trends

"Use of innovative products to boost the market growth "

Technological improvement and development will further enhance the presentation of the product, allowing it to obtain a varied range of requests in the market. Technological advancement will improve performance and propel the market growth. Technological advancement with high demand are increasingly setting a force to increase the productivity. Some players focus on product improvement to meet consumer requirements and likings. Constant innovation in manufacturing of products is anticipated to stimulate product demand.

Cross Section Polisher Market Segmentation

• By Type Analysis

According to type, the market can be segmented into fully automatic cross section polisher, semi-automatic cross section polisher.

Fully automatic cross section polisher capture the maximum market share through forecast period.

• By Application Analysis

According to application, the market can be segmented into university, research institute, others.

Cross section polisher market players cover segment as University will dominate the market share during forecast period.

Driving Factors

"High speed processing and finishing to boost the market growth"

Cross section polisher is easy to set up and program for high-speed processing and finishing of high-quality cross sections in a short period of time. Cross section polishing as well as carbon or metal sputter coating are now possible within one instrument using specialized functional holders.

"Technological advancement and development to upsurge the market."

Technological advancements and innovation activate unique revenue augmenting opportunity which will upsurge the cross section polisher market growth. Growing investment in research and development activities and growing awareness about benefits are expected to deliver profitable opportunities for the market. Constant development are one of the trends in the market in variety of practices.

Restraining Factors

"High cost of maintenance to hamper the market growth"

High cost is hampering development of cross section polisher market. Investment cost required for the industry is not affordable for all companies. High initial cost, complex procedure and upkeep condition are involved in the restraining factors. Lack of knowledge and awareness is also another factor which is depleting the market growth. Technical difficulties will reduce the industry revenue.

Cross Section Polisher Market Regional Insights

"Asia Pacific to dominate the region due to technological development"

Asia Pacific is further expected to witness growth in the cross section polisher market share. The region is dominating the market due to rising technological developments. The rising inhabitants and increasing income levels are also contributing to the development of the market. Upsurge in investments by key market players for the R&D undertakings and enlargement of their production abilities and product portfolios are projected to upsurge the growth.

Key Industry Players

"Key players focus on partnerships to gain competitive advantage."

The key players are dynamically contributing in strategic events that are aimed at maintaining strong market position and increasing market share by merger, partnerships and others. Key players are motivated to introduce new innovative products. They are spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market. The market changes are dynamic such as market expansion, partnership and merger.

List of Market Players Profiled

• Leica Microsystems (Germany)
• Hitachi (Japan)
• Gatan (U.S.)
• Fischione Instruments (U.S.)
• Coxem (South Korea)

Report Coverage

The report provides scrutiny and information according to market sectors. Business overview, financial overview, product portfolio, new project launch, recent development enquiry are the factors included in the profile. The report incorporates completely examined and appraised evidence of the noticeable players and their position in the market by methods for various descriptive tools. The report covers national and regional level market size and forecast. The report gives businesses the facility to research new prospect in many areas. The report shows to be an operational tool that players can use to gain a competitive superiority over their opponents and ensure lasting achievement in the market.