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Electron Beam Machining Market

Electron Beam Machining Market

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SKU ID :
GIR-15335570

Publishing Date:
26-Feb-2020

No. of pages:
325

Price

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Enterprise-access $4,500.00
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The electron beam machining market is estimated to grow at a CAGR 2.87% rate during the forecast period. Factors such as the increasing demand for welding in automotive & aerospace industry, benefits tendered by the high-tech & standardized method of welding using a single electron beam, and low-cost, effective welding solution for complex components in various industries are expected to drive the market.

Electron beam welding application to account for the largest share and expected to grow at the highest CAGR in the global market. Electron beam welding is a precision and advanced welding technique which is preferred in various industries such as automotive, aerospace & defense, medical, oil & gas, nuclear, and many instrumentations applications. These industries adopt electron beam welding due to the various benefits such as joining of similar & dissimilar materials, welding of complex components used in space crafts or automobile parts, welds in large quantities with repeatable accuracy and quality control, high welding speed, narrow welds, and cost-effective process due to welding done in single pass.

Automotive industry to account for the largest share and is expected to grow at the highest CAGR in the global market. The increasing production of automobiles in the majority of countries and the potential benefits such as increased stiffness due to electron beam welding leading to improved vehicle structural performance, smaller heat-affected zone and less thermal distortion due to use of electron beam is expected to drive market growth.

The market in Europe is expected to grow at the highest CAGR from 2019 to 2024. Europe is the major exporter of electron beam machines to other regions, increasing demand for EB welding technology in automotive & aerospace industry due to large scale production of automobiles and presence of aircraft manufacturers in the European region, and presence of major players serving all the major electron beam machining applications such as welding, surface treatment & drilling are the factors which are fueling the growth of the market.

Key Market Players includes Global Beam Technologies (Germany), Mitsubishi Electric (Japan), and pro-beam (Germany). The other key players in this market include companies such as Cambridge Vacuum Engineering (UK), Sciaky (US), Bodycote (UK), Beijing Zhong Ke Electric Co.Ltd. (China), Sodick (Japan), TETA (Russia), FOCUS GmbH (Germany), Evobeam (Germany), and AVIC (China), among others.

Key Questions Addressed by the Report

  • Which application of electron beam machines would have the highest demand in the future?
  • Which Industries prefer electron beam machines most?
  • What are the opportunities and challenges pertaining to the market?
  • What are the key industry trends in the market?
  • What are the different materials used for processing by market?
  1. Introduction
    • Market Definition
    • Study Scope
    • Study Period
    • Market Stakeholders
  2. Research Methodology
    • Secondary Research
    • Primary Research
    • Research Design
    • Data Validation
    • Limitations and Assumptions
  3. Market Dynamics
    • Drivers
      • Benefits of Electron Beam Welding
      • Demand for Welding in Aerospace and Automotive Industries
    • Challenges
      • Availability of Alternative Micromachining Technologies
      • Generation of X-Rays During Electron Beam Welding Process
      • Limitation on the Workpiece Size Due to Vacuum Chamber Size
      • Requirement of Highly Trained Personnel
      • High Capital/Set Up Cost of Electron Beam Machines
    • Opportunities
      • Cost-Effective Welding for Large Scale Production
  1. Executive Summary
  2. Electron Beam Machining Market, By Application
    • Welding
    • Drilling
    • Surface treatment
  3. Electron Beam Machining Market, By Industry
    • Automotive
    • Aerospace and Defense
    • Others
  4. Electron Beam Machining Market, By Region
    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • Rest of APAC
    • Rest of the World
      • South America
      • Middle East and Africa
  1. Company Profiles
    • Leading Companies in Electron Beam Machining Market
      • Mitsubishi Electric
      • Global Beam Technologies
      • Pro-Beam
      • Cambridge Vacuum Engineering
      • Sciaky
      • Bodycote
      • Beijing Zhong Ke Electric Co. Ltd.
      • Sodick
      • Teta
      • Focus GmbH
    • Other Companies in Electron Beam Machining Market

*Company introduction, financial information, recent developments, SWOT analysis

  1. Conclusion and Recommendations
  2. Appendix
    • About
    • Related Reports
    • Glossary

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