Global Electron Beam Welding (EBW) Machine Market Size By Component, By End User, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Electron Beam Welding (EBW) Machine Market Size And Forecast
Electron Beam Welding (EBW) Machine Market is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2020 to 2027.
Major factors that augment the growth of the market include the well-developed energy and power sector coupled with soaring natural gas production. Moreover, significant automotive production is driving the demand for EBW machines. The Global Electron Beam Welding (EBW) Machine Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Electron Beam Welding (EBW) Machine Market Definition
Electron beam welding (EBW) machine is a fusion welding process whereby electrons are generated by an electron gun and accelerated to high speeds using electrical fields. This high-speed stream of electrons is tightly focused using magnetic fields and applied to the materials to be joined. The beam of electrons creates kinetic heat as it impacts the workpieces, causing them to melt and bond together.
So, with electron beam welding, you need a really good vacuum because any gas around can mess up the beam. Since it's all done in a vacuum and involves some pretty high voltages, it's usually heavily automated and run by computers. That means you'll see special fixtures and CNC tables carefully moving the parts around inside the welding chamber. But, things are getting cooler! Some new electron beam welding machines use a "local" method where the electron beam gun sits inside a little vacuum box right next to the material, instead of needing to put the whole thing in a giant vacuum chamber.
Global Electron Beam Welding (EBW) Machine Market Overview
The welding quality, accuracy, and efficiency are major advantages of electron beam welding machines. Thus, the demand for the EBW machines market is accelerating during the forecast period. Major factors that augment the growth of the market include well-developed energy and power sector coupled with soaring natural gas production. Moreover, significant automotive production is driving the demand for EBW machines.
The demand for super-accurate, high-quality parts across different industries is really fueling this market. And get this, electron beam welding machines are amazing! They keep up to 95% of the original material's strength. Since it's done in a vacuum, there's no gunk left behind – oxides and nitrides are gone, and even impurities in the materials vaporize. Plus, you get EBW with super minimal distortion and shrinkage, so you can weld really close to delicate parts. All these fancy new improvements in EBW machines and their bits and pieces are pushing things forward. The only snag? These machines can be pretty pricey, which might slow down how fast the market grows.
Global Electron Beam Welding (EBW) Machine Market Segmentation Analysis
The Global Electron Beam Welding (EBW) Machine Market is segmented On The Basis of Component, End User, And Geography.
Electron Beam Welding (EBW) Machine Market, By Component
• Electron Gun• Working Chamber• Workpiece Manipulator• Others
Based on Component, the market is bifurcated into Electron Gun, Working Chamber, Workpiece Manipulator and Others. Electron Gun is anticipated to contribute a significant share in the market.An electron gun is an electrical component in some vacuum tubes that produces a narrow, collimated electron beam that has a precise kinetic energy. The largest use is in cathode ray tubes, used in nearly all television sets, computer displays and oscilloscopes that are not flat-panel displays.
Electron Beam Welding (EBW) Machine Market, By End User
Based on End User, the market is bifurcated into Automotive, Aerospace & Defense, Marine, Construction, Industrial Fabrication and Others. Aerospace & defense is estimated to contribute a significant share in the market in 2019. The requirement of machinery parts with great precision and quality tools from various industries are driving the market.
Electron Beam Welding (EBW) Machine Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
Looking at how things break down geographically, the Global Electron Beam Welding (EBW) Machine Market can be split into North America, Europe, Asia Pacific, and the rest of the globe. Right now, North America is the biggest player in the EBW machine game. But watch out for APAC! It's the fastest-growing market for these machines and the tech that goes with them. We're expecting big contributions from up-and-comers like China, India, Korea, and Taiwan. When it comes to making these EBW machines, the US, Germany, Japan, and China are the top dogs, with a whole bunch of manufacturers hanging their hats in the US. These companies are all about innovation and churning out new stuff. And let's not forget China! As the world's manufacturing hub, it's quickly becoming a leader in the EBW market on a global scale. Think about itChina's the biggest producer of cars and electronics, so naturally, their automobile and manufacturing industries are major users of EBW machines.
Key Players In Global Electron Beam Welding (EBW) Machine Market
The “Global Electron Beam Welding (EBW) Machine Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are AGS-TECH Inc., Cambridge Vacuum Engineering, Arcam AB, Global Beam Technologies AG, EBTEC Corporation, Electron Beam Engineering, Inc., Energy Sciences Inc, K&D Company, Mitsubishi Electric corporation, and Sciaky, Inc. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Global Electron Beam Welding (EBW) Machine Market Report Scope
REPORT ATTRIBUTES
DETAILS
Study Period
2016-2027
Base Year
2019
Forecast Period
2020-2027
Historical Period
2016-2018
Key Companies Profiled
AGS-TECH Inc., Cambridge Vacuum Engineering, Arcam AB, Global Beam Technologies AG, EBTEC Corporation, Electron Beam Engineering, Inc., Energy Sciences Inc, K&D Company, Mitsubishi Electric corporation, and Sciaky, Inc.
Segments Covered
By Component
By End User
By Geography
Customization Scope
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
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Reasons to Purchase this Report
We dig deep into the market, using both qualitative and quantitative analysis, breaking it down by different segments based on things like economics. We'll also give you the market value (in USD Billion) for each of these segments and sub-segments. Find out which region and segment are predicted to grow the fastest and become the market leader. We'll analyze each geographic area, looking at product/service consumption and the things influencing the market there. Our competitive landscape section ranks the big players and covers recent activity like new product launches, partnerships, expansions, and acquisitions over the last five years. You'll get detailed company profiles with overviews, insights, product comparisons, and a SWOT analysis for major players. We also cover the current and future market outlook, looking at recent developments, growth opportunities, drivers, and challenges in both emerging and developed regions. Plus, we offer an in-depth look at the market from different angles using Porter's five forces analysis and provide insights into the value chain. Expect a breakdown of market dynamics, along with future growth opportunities. And to top it off, you get 6 months of post-sales analyst support.
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