The global EBW machine market is anticipated to grow considerably at a CAGR of 7.3%, during the forecast period. The market growth is mainly driven by increasing adoption of the precision technologies in the industrial welding industry. The manufacturing and fabrication efforts for advanced light water reactors (ALWRs) have highlighted the requirement for new technologies and infrastructure to reduce production costs. To enable cost-effective development and deployment of small modular reactors (SMRs) and advanced generation nuclear units, the advanced fabrication technologies such as EBW are adopted by several industries, such as aerospace & defense. Therefore, there is a rising demand for EBW machines in these industries that are expected to propel the market growth during the forecast period. However, the availability of suitable alternatives and high initial investment are the major factors that hinder the global market growth.
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Aerospace & defense segment is projected to have a significant market share during the forecast period. The market is backed by the high application of the EBW in the aerospace industry due to its ability to oxidize weld material rapidly. Additionally, EBW machine provides low heat input and minimal thermal distortion, with which deep welds can be produced while joining aerospace equipment. The EBW machine offers 100% critical, defects free weld that is the primary requirement in aerospace industry. In aerospace industry, welding is required for various product categories, including commercial aircraft, military aircraft, space vehicles, satellites, rockets, missiles, and weapon systems. These applications in aerospace industries provide ample demand for EBW machines for joining different parts during the manufacturing of the aerospace equipment’s that further propels the market growth.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Electronic Beam Machine Welding Market
By End-user
- Automotive
- Aerospace
- Marine
- Energy
- Medical
- Construction
- Industrial Fabrication
By Component
- Electron Gun
- Working Chamber
- Workpiece Manipulator
- Power Supply & Control Equipment
- Other Components
By Application
- Welding
- Drilling
- Surface Treatment
Global Electronic Beam Welding Machine Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global EBW machine market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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