Automotive industry to account for the largest share and is expected to grow at the highest CAGR in the global electron beam machining market.
The electron beam machining market is estimated to be worth USD 181 million in 2019 and is expected to grow USD 212 million by 2024, at CAGR of 3.2% from 2019 to 2024. The growth of this market is propelled by factors such as the increasing demand for welding in automotive & aerospace industry, benefits tendered by the high-tech & standardized method of welding using a single electron beam, and low-cost, effective welding solution for complex components in various industries.
In 2018, the global Electron Beam Machining market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Electron Beam Machining status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electron Beam Machining development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
Global Beam Technologies (Germany)
Mitsubishi Electric (Japan)
Cambridge Vacuum Engineering (UK)
Beijing Zhong Ke Electric Co.Ltd. (China)
FOCUS GmbH (Germany)
Market segment by Type, the product can be split into
Market segment by Application, split into
Aerospace & Defence
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Electron Beam Machining status, future forecast, growth opportunity, key market and key players.
To present the Electron Beam Machining development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Electron Beam Machining are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.