China electron-beam welding (EBW) machine market is estimated to grow at a CAGR of around 8.0% during the forecast period. Rising industrialization is primarily driving the demand for EBW in the country. Announced in 2015, the “Made in China 2025” is one of the ambitious projects aimed at increasing the competitiveness of Chinese manufacturing industries including electronics, chemical, automotive, among others. The goal of the project is to foster Chinese brands, boost innovation, and reduce the country’s reliance on foreign technology by making the nation a major or dominant global manufacturer of various technologies such as automotive.
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China 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. 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.
Moreover, the study of the report covers the analysis of various players operating in the market. Some of the key players covered in the report include Cambridge Vacuum Engineering (CVE), and CKD Laser Co., Ltd. The market players are adopting some crucial strategies including mergers and acquisitions, geographical expansion, and partnerships, and collaborations, to gain a competitive advantage. For instance, in March 2020, CVE opened a new Chinese office to ensure the availability of better service to their customers. The incorporation of Aquasium Technology (Beijing) Co. Ltd enabling CVE to meet the demands and maintain continued growth in the region.
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China EBW Machine Market Segmentation
By Component
· Electron Gun
· Working Chamber
· Workpiece Manipulator
· Others
By End-User
· Automotive
· Aerospace & Defense
· Marine
· Construction
· Industrial Fabrication
· Others
Company Profiles
· Arcam AB (a part of General Electric Co.)
· Cambridge Vacuum Engineering (CVE)
· CKD Laser Co., Ltd.
· Optic Technology (Shenzhen) Co., Ltd.
· Perfect Laser (Wuhan) Co., Ltd.
· Shenzhen Dapeng Laser Technology Co., Ltd.
· Shenzhen JASIC Technology Co. Ltd.
· Shenzhen Tie Xi Electric Machinery Co., Ltd.
· Techmeta Engineering
· Wuhan Label Laser Science & Technology Co., Ltd.
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