Global Electron Beam Machining Market Growth (Status and Outlook) 2023-2029

Global Electron Beam Machining Market Growth (Status and Outlook) 2023-2029

Automotive industry to account for the largest share and is expected to grow at the highest CAGR in the global electron beam machining market.

LPI (LP Information)' newest research report, the “Electron Beam Machining Industry Forecast” looks at past sales and reviews total world Electron Beam Machining sales in 2022, providing a comprehensive analysis by region and market sector of projected Electron Beam Machining sales for 2023 through 2029. With Electron Beam Machining sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electron Beam Machining industry.

This Insight Report provides a comprehensive analysis of the global Electron Beam Machining landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electron Beam Machining portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electron Beam Machining market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electron Beam Machining and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electron Beam Machining.

The global Electron Beam Machining market size is projected to grow from US$ 182.9 million in 2022 to US$ 224.9 million in 2029; it is expected to grow at a CAGR of 3.0% from 2023 to 2029.

The electron beam machining market is estimated to be worth USD 181 million in 2019 and is expected to grow USD 212 million by 2024, at CAGR of 3.2% from 2019 to 2024. The growth of this market is propelled by factors such as the increasing demand for welding in automotive & aerospace industry, benefits tendered by the high-tech & standardized method of welding using a single electron beam, and low-cost, effective welding solution for complex components in various industries.

This report presents a comprehensive overview, market shares, and growth opportunities of Electron Beam Machining market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Welding
Surface Treatment
Drilling

Segmentation by application
Automotive
Aerospace & Defence
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Global Beam Technologies (Germany)
Mitsubishi Electric (Japan)
pro-beam (Germany)
Cambridge Vacuum Engineering (UK)
Sciaky (US)
Bodycote (UK)
Beijing Zhong Ke Electric Co.Ltd. (China)
Sodick (Japan)
TETA (Russia)
FOCUS GmbH (Germany)
Evobeam (Germany)
AVIC (China)

Please note: The report will take approximately 2 business days to prepare and deliver.