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. 

The UK 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 in 2018.

Research Methodology

The market study of the UK 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:

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

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.