Global failure analysis equipment market was valued at USD 4.08 billion in 2012, growing at a CAGR of 8.8% from 2013 to
2019.Failure analysis is an engineering approach to determining how and why component or equipment has failed. The goal
of a failure analysis is to understand the root cause of the failure to prevent similar failures in the future. Common
causes of failure include misuse or abuse, manufacturing defects, assembly errors, improper maintenance, design errors,
improper material, fastener failure, improper heat treatments, inadequate quality assurance, inadequate environmental
protection/control, unforeseen operating conditions and casting discontinuities.
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