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.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
UK EBW Machine Market by Component
- Electron Gun
- Working Chamber
- Workpiece Manipulator
- Others
UK EBW Machine Market by End-Users
- Automotive
- Aerospace & Defense
- Marine
- Construction
- Industrial Fabrication
- Others
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.
The Report covers:
- Comprehensive research methodology of the UK 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 UK EBW machine market.
- Insights about market determinants which are stimulating the UK 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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