North America electron-beam welding (EBW) machine market is estimated to grow at a CAGR of nearly 7.3% during the forecast period. Major factors that augment the growth of the market include well-developed energy and power sector, increasing natural gas production, and growing adoption of EBW machines in the automotive and aerospace industries. Emerging applications in renewable energy sources are further driving the market growth. The US wind industry recorded the third strongest year in 2019 as project developers added 9,137 MW of wind power capacity to the grid. There are now around 60,000 wind turbines with a combined capacity of 105,591 MW operating across 41 states.

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North America EBW market is segmented on the basis of component 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. Electron guns held the largest share in 2018. 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 held the largest share in 2018.

Further, the report covers the analysis of various players operating in the market. Some of the major players covered in the report include General Electric Co., PTR-Precision Technologies, Inc., Sciaky, Inc., and Gullco International Ltd. 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 July 2019, Dynetics Technical Solutions (DTS) signed an agreement with Pro-Beam, a provider of the electron beam and laser technology sector, for acquiring the largest electron beam welding system. The 22 feet long, 22 feet wide and 22 feet high system will be capable of supporting government and commercial programs at both the unclassified and classified levels. With this acquisition, Dynetics Technical Solutions would add the largest electron beam welding system in North America to its Alabama facility. 

Research Methodology

The market study of the North America 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:

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

The Report covers:

• Comprehensive research methodology of the North America 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 North America EBW machine market.
• Insights about market determinants which are stimulating the North America EBW machine market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.