Share this article SELBYVILLE, Del., Feb. 2, 2021 /PRNewswire/ -- According to the latest report "Scanning Electron Microscope Market by Type (Tabletop/Benchtop, Conventional), End-use (Academics, Life Science, Material Sciences, Semiconductor Research), Regional Outlook, Price Trends, Competitive Market Share & Forecast 2027", by Global Market Insights, Inc., the market valuation of scanning electron microscopes (SEM) will cross $4.1 billion by 2027. Surging product demand due to rising focus on research activities in pharmaceuticals and research institutes will spur the global market growth. The scanning electron microscope market for conventional segment will showcase growth rate of 6.5% till 2027. Product improvements and innovations are expected to drive the demand for scanning electron microscopes in the coming years. Higher-resolution power and integration of advanced technology in microscopes to offer multiple applications in various industries will further augment product adoption. Also, SEMs are widely adopted for research, quality control and failure analysis in material sciences. Advantages in performing inspections of newly developed semiconductors, efficiency testing and topology structural studies will fuel the market expansion. Moreover, the growing importance of scanning electron microscopes in forensic sciences and industrial areas to attain profitability in production with the development of cheaper materials will significantly contribute towards the market value over the forecast years.