Market Overview:
The global electron beam welding market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-quality and durable products, especially in the aerospace and industrial gas turbine applications. In terms of type, the tungsten segment is expected to lead the market during the forecast period, followed by nickel and nickel alloys segments. The application segment for electron beam welding is automotive, which is expected to grow at a CAGR of 6% during 2018-2030.
Product Definition:
Electron Beam Welding is the welding process that uses a focused beam of electrons to heat and join metals. It is an extremely precise welding process, and it can be used to weld very thin sheets of metal together. The electron beam welding process is also very fast, which makes it a desirable choice for manufacturing high-volume products.
Tungsten:
Tungsten, also known as heavy tungsten is a metal that exhibits high corrosion resistance and tensile strength. It is primarily used in welding applications due to its ability to withstand high temperatures. Tungsten's density is 3.8 grams per cubic centimeter which makes it heavier than steel but lighter than copper or lead; making it an ideal material for use in electron beam welding (Eb Welder).
Nickel:
Nickel is a chemical element that has the highest melting point of any metal. It is silvery-white in color, but because of its high density it looks like silver. Nickel has a high content of nickel and copper which makes it ductile and soft.
Application Insights:
The aerospace application segment accounted for the largest share of over 40.0% in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing use of electron beam welding equipment in manufacturing aircraft components as it offers high-temperature resistance, higher precision, better aesthetics and welds metals with different types ofelectron beams such as tungsten and carbon steel.
Electron beam welding is used extensively for manufacturing vacuum vessel components that are used in various industries including oil & gas, petrochemicals, power generation along with other industrial applications such as chemical processing plants and heavy machinery manufacturing facilities.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing production of vehicles in China, India, Japan and South Korea. The growing manufacturing sector coupled with rising investments by foreign players is also likely to contribute toward regional growth.
The North American region electron beam welding market was valued at over USD X billion in 2017 owing to high demand from the aerospace industry for aircraft parts such as landing gear, flaps and other components made using this technology. Europe accounted for a significant share of global revenue due to presence of major automobile manufacturers such as Daimler AG; BMW Group; Fiat Chrysler Automobiles N.V.; Ferrari S.pA.
Growth Factors:
- Increasing demand for lightweight and high-strength materials in automotive and aerospace industries is expected to drive the electron beam welding market growth.
- Rising demand for advanced welding technologies across various end-use industries is another key factor that would fuel the electron beam welding market growth.
- Growing popularity of electron beam welding among small and medium enterprises due to its advantages such as low heat input, high deposition rates, and deep penetration is likely to boost the market growth in the near future.
- Technological advancements in electron beam welders are projected to create new opportunities for this market over the next few years. 5 Emerging economies such as China, India, Brazil, Mexico are expected to offer lucrative opportunities for players operating in this market owing to increasing industrialization and infrastructure development activities
Scope Of The Report
Report Attributes
Report Details
Report Title
Electron Beam Welding Market Research Report
By Type
Tungsten, Nickel, Nickel Alloys, Others
By Application
Aerospace, Industrial Gas Turbine, Engineering, Automotive, Electronic Devices, Others
By Companies
Welding Engineer, PTR-Precision Technologies, Bodycote, Sciaky Inc, Joining Technologies, Electron Beam Welding Associates, Roark Welding＆Engineering, SWS-Trimac,Inc, Culham Centre for Fusion Energy, Pronexos, Electron Beam Services, RobotWorx, Electron Beam Engineering, Electron Beam Welding
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Electron Beam Welding Market Report Segments:
The global Electron Beam Welding market is segmented on the basis of:
Types
Tungsten, Nickel, Nickel Alloys, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Industrial Gas Turbine, Engineering, Automotive, Electronic Devices, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Welding Engineer
- PTR-Precision Technologies
- Bodycote
- Sciaky Inc
- Joining Technologies
- Electron Beam Welding Associates
- Roark Welding＆Engineering
- SWS-Trimac,Inc
- Culham Centre for Fusion Energy
- Pronexos
- Electron Beam Services
- RobotWorx
- Electron Beam Engineering
- Electron Beam Welding
Highlights of The Electron Beam Welding Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tungsten
- Nickel
- Nickel Alloys
- Others
- By Application:
- Aerospace
- Industrial Gas Turbine
- Engineering
- Automotive
- Electronic Devices
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electron Beam Welding Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electron beam welding is a type of welding that uses an electron beam to join two pieces of metal. The electron beam melts the metal at the joint, creating a strong connection between the two pieces.
Some of the key players operating in the electron beam welding market are Welding Engineer, PTR-Precision Technologies, Bodycote, Sciaky Inc, Joining Technologies, Electron Beam Welding Associates, Roark Welding＆Engineering, SWS-Trimac,Inc, Culham Centre for Fusion Energy, Pronexos, Electron Beam Services, RobotWorx, Electron Beam Engineering, Electron Beam Welding.
The electron beam welding market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electron Beam Welding Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electron Beam Welding Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electron Beam Welding Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electron Beam Welding Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electron Beam Welding Market Size & Forecast, 2018-2028
4.5.1 Electron Beam Welding Market Size and Y-o-Y Growth
4.5.2 Electron Beam Welding Market Absolute $ Opportunity
Chapter 5 Global Electron Beam Welding Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electron Beam Welding Market Size Forecast by Type
5.2.1 Tungsten
5.2.2 Nickel
5.2.3 Nickel Alloys
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electron Beam Welding Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electron Beam Welding Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Industrial Gas Turbine
6.2.3 Engineering
6.2.4 Automotive
6.2.5 Electronic Devices
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electron Beam Welding Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electron Beam Welding Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electron Beam Welding Analysis and Forecast
9.1 Introduction
9.2 North America Electron Beam Welding Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electron Beam Welding Market Size Forecast by Type
9.6.1 Tungsten
9.6.2 Nickel
9.6.3 Nickel Alloys
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electron Beam Welding Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Industrial Gas Turbine
9.10.3 Engineering
9.10.4 Automotive
9.10.5 Electronic Devices
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electron Beam Welding Analysis and Forecast
10.1 Introduction
10.2 Europe Electron Beam Welding Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electron Beam Welding Market Size Forecast by Type
10.6.1 Tungsten
10.6.2 Nickel
10.6.3 Nickel Alloys
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electron Beam Welding Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Industrial Gas Turbine
10.10.3 Engineering
10.10.4 Automotive
10.10.5 Electronic Devices
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electron Beam Welding Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electron Beam Welding Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electron Beam Welding Market Size Forecast by Type
11.6.1 Tungsten
11.6.2 Nickel
11.6.3 Nickel Alloys
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electron Beam Welding Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Industrial Gas Turbine
11.10.3 Engineering
11.10.4 Automotive
11.10.5 Electronic Devices
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electron Beam Welding Analysis and Forecast
12.1 Introduction
12.2 Latin America Electron Beam Welding Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electron Beam Welding Market Size Forecast by Type
12.6.1 Tungsten
12.6.2 Nickel
12.6.3 Nickel Alloys
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electron Beam Welding Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Industrial Gas Turbine
12.10.3 Engineering
12.10.4 Automotive
12.10.5 Electronic Devices
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electron Beam Welding Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electron Beam Welding Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electron Beam Welding Market Size Forecast by Type
13.6.1 Tungsten
13.6.2 Nickel
13.6.3 Nickel Alloys
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electron Beam Welding Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Industrial Gas Turbine
13.10.3 Engineering
13.10.4 Automotive
13.10.5 Electronic Devices
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electron Beam Welding Market: Competitive Dashboard
14.2 Global Electron Beam Welding Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Welding Engineer
14.3.2 PTR-Precision Technologies
14.3.3 Bodycote
14.3.4 Sciaky Inc
14.3.5 Joining Technologies
14.3.6 Electron Beam Welding Associates
14.3.7 Roark Welding＆Engineering
14.3.8 SWS-Trimac,Inc
14.3.9 Culham Centre for Fusion Energy
14.3.10 Pronexos
14.3.11 Electron Beam Services
14.3.12 RobotWorx
14.3.13 Electron Beam Engineering
14.3.14 Electron Beam Welding
