The US electron-beam welding (EBW) machine market is estimated to grow at a CAGR of around 6.9% during the forecast period. Pivotal factors that augment the growth of the market include well-developed energy and power sector coupled with the soaring natural gas production. Moreover, the significant automotive production is driving the demand for EBW machine in the country. The US automobile industry includes several local and global manufacturers such as Ford, Hyundai, Nissan, Toyota, General Motors, Honda, Tesla, and Proterra, among others. 

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As per the Organisation Internationale des Constructeurs d'Automobiles (OICA), the overall vehicle production of the US stood at nearly 11 million in 2019, a decline of around 3.7% from that of the previous year. The electron beam is used for welding a multitude of clutch/shaft, gear/synchronizer, and planet carrier components for manual and automatic transmissions as well as torque converters and impellers/shaft assemblies for turbochargers. Thus, the presence of the well-established automotive industry in the region creates demand for EBW machines and hence drives the regional growth of the market.

The US 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 is estimated to contribute a significant share in the market in 2018.

Further, the report covers the analysis of various players operating in the market. Some of the prominent players covered in the report include General Electric Co. (Arcam AB), 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 March 2018, Sciaky Inc. signed an agreement with Farcco Technologia to increase its sales efforts of Electron beam additive manufacturing solutions in the Brazil market. The existing marketing framework of Farcco is leveraged by the Sciaky to ensure a strong market presence in the region.

Research Methodology

The market study of the US 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 to 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:

• US EBW Machine Market Research and Analysis, By Component
• US EBW Machine Market Research and Analysis, By End-Users

The Report covers:

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