The global radiant energy welding market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for high-quality welds in various industries such as aerospace, automotive, and industrial gas turbine. The increasing demand for high-quality welds in various industries such as aerospace, automotive, and industrial gas turbine is driving the growth of this market. The laser beam welding segment accounted for the largest share of the global radiant energy welding market in 2018 owing to its ability to produce high quality welds with minimal distortion and low heat input. Laser beam welding has been widely used in applications such as aerospace and engineering owing to its ability to produce high quality welds with minimal distortion and low heat input. Electron beam welding (EBW) accounted for a small share of the global radiant energy welding market due to its higher cost compared with laser beam welding which makes it less competitive than other types of radiant energy welder technologies available on the market today.
Some Of The Growth Factors Of This Market:
- The increasing demand for energy efficient products is driving the growth of the Radiant Energy Welding market.
- The need to reduce costs and improve productivity is also driving the growth of this market.
- The increasing demand for high-quality products in emerging economies such as China, India, and Brazil is also a factor that will drive the growth of this market in the future.
- Increasing investments by governments in research and development activities related to Radiant Energy Welding are expected to fuel its growth over time as well as increase its adoption rates globally.
- The growing need for automation in manufacturing processes will also be a key driver of this market's growth.
Industry Growth Insights published a new data on “Radiant Energy Welding Market”. The research report is titled “Radiant Energy Welding Market research by Types (Laser Beam Welding, Electron Beam Welding (EBW)), By Applications (Aerospace, Industrial Gas Turbine, Engineering, Automotive, Electronic Devices, Others), By Players/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”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Radiant Energy Welding Market Research Report
By Type
Laser Beam Welding, Electron Beam Welding (EBW)
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Radiant Energy Welding Market Report Segments:
The global Radiant Energy Welding market is segmented on the basis of:
Types
Laser Beam Welding, Electron Beam Welding (EBW)
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 Radiant Energy 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:
- Laser Beam Welding
- Electron Beam Welding (EBW)
- 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 Radiant Energy 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.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
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- 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?
Radiant energy welding is a type of welding that uses a high-frequency, short-duration beam to heat and melt metal. The heat from the beam melts the metal, which then flows into and around the weld joint.
Some of the major players in the radiant energy 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 radiant energy welding market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Radiant Energy Welding Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Radiant Energy Welding Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Radiant Energy Welding Market - Supply Chain
4.5. Global Radiant Energy Welding Market Forecast
4.5.1. Radiant Energy Welding Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Radiant Energy Welding Market Size (000 Units) and Y-o-Y Growth
4.5.3. Radiant Energy Welding Market Absolute $ Opportunity
5. Global Radiant Energy Welding Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Radiant Energy Welding Market Size and Volume Forecast by Type
5.3.1. Laser Beam Welding
5.3.2. Electron Beam Welding (EBW)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Radiant Energy Welding Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Radiant Energy Welding Market Size and Volume Forecast by Application
6.3.1. Aerospace
6.3.2. Industrial Gas Turbine
6.3.3. Engineering
6.3.4. Automotive
6.3.5. Electronic Devices
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Radiant Energy Welding Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Radiant Energy Welding Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Radiant Energy Welding Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Radiant Energy Welding Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Radiant Energy Welding Demand Share Forecast, 2019-2026
9. North America Radiant Energy Welding Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Radiant Energy Welding Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Radiant Energy Welding Market Size and Volume Forecast by Application
9.4.1. Aerospace
9.4.2. Industrial Gas Turbine
9.4.3. Engineering
9.4.4. Automotive
9.4.5. Electronic Devices
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Radiant Energy Welding Market Size and Volume Forecast by Type
9.7.1. Laser Beam Welding
9.7.2. Electron Beam Welding (EBW)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Radiant Energy Welding Demand Share Forecast, 2019-2026
10. Latin America Radiant Energy Welding Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Radiant Energy Welding Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Radiant Energy Welding Market Size and Volume Forecast by Application
10.4.1. Aerospace
10.4.2. Industrial Gas Turbine
10.4.3. Engineering
10.4.4. Automotive
10.4.5. Electronic Devices
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Radiant Energy Welding Market Size and Volume Forecast by Type
10.7.1. Laser Beam Welding
10.7.2. Electron Beam Welding (EBW)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Radiant Energy Welding Demand Share Forecast, 2019-2026
11. Europe Radiant Energy Welding Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Radiant Energy Welding Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Radiant Energy Welding Market Size and Volume Forecast by Application
11.4.1. Aerospace
11.4.2. Industrial Gas Turbine
11.4.3. Engineering
11.4.4. Automotive
11.4.5. Electronic Devices
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Radiant Energy Welding Market Size and Volume Forecast by Type
11.7.1. Laser Beam Welding
11.7.2. Electron Beam Welding (EBW)
11.8. Basis Point Share (BPS) Analysi by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Radiant Energy Welding Demand Share, 2019-2026
12. Asia Pacific Radiant Energy Welding Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Radiant Energy Welding Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Radiant Energy Welding Market Size and Volume Forecast by Application
12.4.1. Aerospace
12.4.2. Industrial Gas Turbine
12.4.3. Engineering
12.4.4. Automotive
12.4.5. Electronic Devices
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Radiant Energy Welding Market Size and Volume Forecast by Type
12.7.1. Laser Beam Welding
12.7.2. Electron Beam Welding (EBW)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Radiant Energy Welding Demand Share, 2019-2026
13. Middle East & Africa Radiant Energy Welding Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Radiant Energy Welding Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Radiant Energy Welding Market Size and Volume Forecast by Application
13.4.1. Aerospace
13.4.2. Industrial Gas Turbine
13.4.3. Engineering
13.4.4. Automotive
13.4.5. Electronic Devices
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Radiant Energy Welding Market Size and Volume Forecast by Type
13.7.1. Laser Beam Welding
13.7.2. Electron Beam Welding (EBW)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Radiant Energy Welding Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Radiant Energy Welding Market: Market Share Analysis
14.2. Radiant Energy Welding Distributors and Customers
14.3. Radiant Energy Welding Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Welding Engineer
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PTR-Precision Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bodycote
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sciaky Inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Joining Technologies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Electron Beam Welding Associates
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Roark Welding?Engineering
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SWS-Trimac,Inc
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Culham Centre for Fusion Energy
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pronexos
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Electron Beam Services
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. RobotWorx
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Electron Beam Engineering
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Electron Beam Welding
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook