UK electron-beam welding (EBW) machine market is estimated to grow at a CAGR of around 7.0% during the forecast period. UK EBW machine market has witnessed potential growth owing to the significant production of vehicles in the country. The automotive market of UK is productive and caters to the strong domestic and export demand. As per the Department of International Trade, the local content of UK-made cars has risen from 36% in 2011 to 44% in 2017. More than 4,500 companies related to the automotive operate in the automotive sector of UK.
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Moreover, the government funding to increase the R&D related to EBW is also anticipated to spur the growth of the UK EBW machine market. For instance, in December 2019, Sheffield Forgemasters, a heavy engineering firm has been awarded $10.7 million of funding from the UK Government’s Department for Business, Energy, and Industrial Strategy (BEIS). The funding is provided to the company under the $21.7 million Nuclear Innovation Program of the UK government. Other potential partners of the company include Cambridge Vacuum Engineering (CVE), TWI, Arc Energy, NAMRC, the University of Manchester, and Cambridge University. Additionally, the company is anticipated to work with an invited steering committee of Rolls Royce Civil Nuclear, Rolls Royce (Submarines) Cavendish Nuclear, the MOD and the UK Atomic Energy Authority.
The UK EBW market is segmented on the basis of components and end-user. Based on the component, the market is segmented into the electron gun, working chamber, workpiece manipulator, and others including power supply & control equipment. The electron guns segment is estimated to contribute a significant share in the market. The electron gun is the major component of electron beam welding machines. It is expected to hold a major market share during the forecast period. Based on end-user, the market is segmented into automotive, aerospace & defense, marine, construction, industrial fabrication, and others including electronics and medical. Aerospace & defense contributed a significant share in the market in 2018.
UK EBW Machine Market Segmentation
By Component
- Electron Gun
- Working Chamber
- Workpiece Manipulator
- Others
By End-Users
- Automotive
- Aerospace & Defense
- Marine
- Construction
- Industrial Fabrication
- Others
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Company Profiles
- Advanced Technology Company (ATCO)
- Bodycote plc
- Cambridge Vacuum Engineering (CVE)
- Electron Beam Processes Ltd.
- Electron Beam Services Ltd.
- Ravenscourt Engineering Ltd.
- Sciaky, Inc.
- Sheffield Forgemaster
- TWI Ltd.
- Vacuum Furnace Engineering Ltd.
