Electron Beam Machining Market - By Type (CEBM, EBM, EBST, EBH), By Application (Welding, Drilling, Cutting, Milling), By Industry (Aerospace Industry, Automotive, Healthcare, Oil & Gas, Agriculture) & Forecast, 2023

Description

List of Tables

Electron beam machining industry size is projected to accelerate at over 3.5% CAGR from 2023 to 2032, driven by the increasing demand for precise and intricate machining in aerospace, automotive, and healthcare sectors. Of late, there have been significant advancements in electron beam technology, such as improved automation and faster processing speeds. For instance, in November 2023, Freemelt AB unveiled eMELT-iD, its novel electron beam powder bed fusion (PBF-EB) additive manufacturing machine at Formnext for accelerating product and application development for smooth transition to large-scale serial production.

Electron beam machining also boasts of an ability to handle exotic materials, minimize thermal damage, and achieve high precision. Furthermore, the growing emphasis on sustainable and eco-friendly manufacturing practices will boost the product demand.

The electron beam machining market is segregated based on type, application, end-use and region.

Based on type, the industry value from the electron beam heating segment is projected to increase at rapid pace by 2032, driven by the rising demand for precise and controlled heating processes. The ability of electron beam heating to achieve high temperatures in a focused manner will also boost the segment growth.

In terms of application, the market share from the drilling application segment is estimated to increase at significant CAGR through 2032. The growth can be attributed to the robust ability of electron beam machining to attain intricate hole geometries and precise material removal. The strong need for micro-machining operations on thin materials will also drive the product adoption in drilling activities.

Electron beam machining industry size from the automotive end-use segment is slated to expand at robust CAGR during 2023-2032, marked by the increasing demand for precise and complex machining processes in the production of automotive components. The automotive industry is also witnessing higher adoption of electron beam machining as it helps in achieving high precision and efficiency in manufacturing of critical automotive parts.

Regionally, the Asia Pacific electron beam machining industry size will exhibit appreciable CAGR throughout the forecast period. The growth can be ascribed to the increasing industrialization in the region. The rising demand for high-precision manufacturing processes, and the higher adoption of advanced technologies in aerospace and automotive sectors will push the regional industry expansion.

Product Code: 6701

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation.
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources.
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Electrons beans machining market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 TAM trends, 2023-2032
2.3 Regional trends
2.4 Type trends
2.5 Size trends
2.6 Application trends

Chapter 3 Electrons Beans Machining Market Insights

3.1 Impact on COVID-19
3.2 Russia- Ukraine war impact
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Technology & innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
3.9 Regulatory landscape
3.10 Impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 Increasing demand for lightweight and high-performance components
  - 3.10.1.2 Development of new EBM technologies
  - 3.10.1.3 Government support for additive manufacturing
  - 3.10.1.4 Growing demand for customized parts
  - 3.10.1.5 Rise of 3D printing
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 High cost of EBM systems
  - 3.10.2.2 Limited availability of materials that are suitable for EBM
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Company 1
- 4.3.2 Company 2
- 4.3.3 Company 3
- 4.3.4 Company 4
- 4.3.5 Company 5
- 4.3.6 Company 6
- 4.3.7 Company 7
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Electrons Beans Machining Market, By Type (USD Million)

5.1 Key trends, by Type
5.2 Conventional Electron Beam Machining (CEBM)
5.3 Electron Beam Melting (EBM)
5.4 Electron Beam Surface Treatment (EBST)
5.5 Electron Beam Heating (EBH)
5.6 Others

Chapter 6 Electrons Beans Machining Market, By Application (USD Million)

6.1 Key trends, by Application
6.2 Welding
6.3 Drilling
6.4 Cutting
6.5 Milling
6.6 Others

Chapter 7 Electrons Beans Machining Market, By End-Use (USD Million)

7.1 Key trends, by End-Use
7.2 Automotive
7.3 Aerospace
7.4 Healthcare
7.5 Oil & Gas
7.6 Agriculture
7.7 Others

Chapter 8 Electrons Beans Machining Market, By Region

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Russia
- 8.3.5 Rest of Europe
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 Australia
- 8.4.5 Rest of Asia Pacific
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Rest of Latin America
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Rest of MEA

Chapter 9 Company Profiles

9.1 Mitsubishi Electric (Japan),
9.2 Pro-beam GmbH (Germany),
9.3 Global Beam Technologies AG (Germany),
9.4 Bodycote (UK),
9.5 Beijing Zhong Ke Electric Co. Ltd. (China)
9.6 AGS-TECH (U.S.)
9.7 Arcam (Sweden)
9.8 Cambridge Vacuum Engineering (U.K.)
9.9 EBTEC (U.S.)
9.10 Electron Beam Engineering (U.S.)
9.11 Elektroweld Automations India (India)