The 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.

Visit for Global EBW (Electron Beam Welding) Machine Market Report at:  https://www.omrglobal.com/industry-reports/electron-beam-welding-machine-market

The European 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. The electron gun is the major component of electron beam welding machines. It is expected to hold a major market share during the forecast period. 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 report covers the analysis of major economies of the European region including UK, Germany, Italy, Spain, France, and the Rest of Europe. Germany contributed the highest market share of over 22.0% in 2018. A significant rise in industrialization has witnessed over the years owing to the government initiatives to promote industrialization and a substantial rise in the manufacturing sector in Europe, which in turn, gives a boost to the regional growth of the market.

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.

Research Methodology

The market study of the European EBW machine market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report is intended for electron beam welding machine manufacturers, raw material suppliers, contract manufacturers, distributors, traders, industry associates & experts, government organizations, and other market participants for overall market analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. It will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

• European EBW Machine Market Research and Analysis, By Component
• European EBW Machine Market Research and Analysis, By End-User

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.