European electron-beam welding (EBW) machine market is estimated to grow at a CAGR of nearly 7.1% during the forecast period. The growth in the aerospace and automobile industry in the region is the major contributor to the market growth. The aerospace & defense sector is considered as one of the European Union’s key high-tech sectors that adds significantly to the growth of the European economy. According to the data provided by the Aerospace and Defence Industries (ASD) Association of Europe, sales growth for the industry amounted to 8%, with total revenue reaching $266.7 billion in 2018 as compared to $247.8 billion in 2017. Different applications of EBW in aerospace include welding of aerospace gear, repairing of TI turbine blade, and welding of compressor rotator among others.
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Some of the players in the market include TWI Ltd., Cambridge Vacuum Engineering (CVE), pro-beam GmbH & Co. KGaA, Electron Beam Processes Ltd., Arcam AB (a part of GE), and Evobeam GmbH. The market players are adopting several strategies such as mergers and acquisitions, product launches, 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 country.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
European EBW Machine Market by Component
- Electron Gun
- Working Chamber
- Workpiece Manipulator
- Others
European EBW Machine Market by End-Users
- Automotive
- Aerospace & Defense
- Marine
- Construction
- Industrial Fabrication
- Others
Regional Analysis
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
Company Profiles
- Arcam AB (a part of General Electric Co.)
- Cambridge Vacuum Engineering (CVE)
- Electron Beam Processes Ltd.
- Evobeam GmbH
- FOCUS GmbH
- Global Welding Technologies AG
- pro-beam GmbH & Co. KGaA
- Pronexos GmbH
- Ravenscourt Engineering Ltd.
- Sheffield Forgemaster
- TECHMETA Engineering
- TETA
- TWI Ltd.
- Vacuum Furnace Engineering Ltd.
The Report covers:
- Comprehensive research methodology of the European EBW machine market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the European EBW machine market.
- Insights about market determinants which are stimulating the European EBW machine market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
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