The US electron-beam welding (EBW) machine market is estimated to grow at a CAGR of around 6.9% during the forecast period. Pivotal factors that augment the growth of the market include well-developed energy and power sector coupled with the soaring natural gas production. Moreover, the significant automotive production is driving the demand for EBW machine […]
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The global micro welding market is estimated to grow at a moderate CAGR during the forecast period. Micro welding is referred to as a precision welding which is utilized to integrate different small parts. It is a careful type of welding that requires an expert welder. As micro welding is performed on a small scale, […]
Asia-Pacific micro welding market is estimated to grow at a significant CAGR during the forecast period. Significant production of electrical & electronic products is primarily driving the demand for micro welding machines in the region. China is the major provider of electronic products across the globe, which significantly encourages its global trade operations. China exports […]
Europe micro welding market is estimated to grow at a moderate CAGR during the forecast period. Significant production of motor vehicles is the major factor contributing to the market growth. As per the European Automobile Manufacturers Association (ACEA), 19.2 million motor vehicles were produced in the European Union in 2018, or some 20% of the […]
India micro welding market is estimated to grow at a significant CAGR during the forecast period. Expansion of automobile and electronics production is the major factor contributing to the market growth in the country. As per the India Brand Equity Foundation (IBEF), domestic production of automobiles grew at nearly 2.4% CAGR during the period, 2016-2020 […]
North America micro welding market is estimated to grow at a significant CAGR during the forecast period. A significant rise in the aerospace industry is contributing to the demand for micro welding in the region. The US aerospace manufacturers are highly competitive across the globe. As per the International Trade Administration (ITA), in 2018, the […]
The global electron guns market is estimated to grow at a significant CAGR during the forecast period. The electron gun is the major component of electron beam welding (EBW) machines. The function of an electron gun is to produce a focused beam of a high-speed electron with a velocity between 0.3 to 0.7 times of […]
The global 3D reconstruction market is projected to grow at a considerable CAGR of around 8% during the forecast period (2020-2026). 3D reconstruction technology can be used in many applications that art analysis and restoration, phenotype analysis, film, art analysis and restoration, and designing of game graphics, among others across the end-users. The high adoption […]
The critical infrastructure protection market is projected to grow at a considerable CAGR of around 9% during the forecast period (2020-2026). Cohesive government support for critical infrastructure protection is a key factor driving the growth of the global critical infrastructure protection (CIP) market. Critical infrastructure can be defined as the assets which are essential for […]
The global account payable automation market is growing at a considerable CAGR of 10.2% during the forecast period. Increasing demand to enhance payment process and controlling user access is one of the prime factors affecting and driving the market. Decreasing fraud transactions along with improving compliance rate among others are also estimated to be the […]