Table of Content

1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 STUDY SCOPE 14
1.3.1 MARKETS COVERED 14
1.3.2 YEARS CONSIDERED FOR THE STUDY 14
1.4 CURRENCY 15
1.5 STAKEHOLDERS 15

2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from the secondary sources 17
2.1.2 PRIMARY DATA 18
2.1.2.1 Key data points from primary sources 18
2.1.2.2 Breakdown of primaries 18
2.2 MARKET SIZE ESTIMATION 19
2.2.1 BOTTOM-UP APPROACH 19
2.2.2 TOP-DOWN APPROACH 20
2.3 DATA TRIANGULATION 21
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS 22
2.4.1 ASSUMPTIONS 22
2.4.2 LIMITATIONS 22

3 EXECUTIVE SUMMARY 23

4 PREMIUM INSIGHTS 27
4.1 ATTRACTIVE OPPORTUNITIES IN ELECTRON BEAM MACHINING MARKET 27
4.2 ELECTRON BEAM MACHINING MARKET IN WELDING, BY INDUSTRY 27
4.3 ELECTRON BEAM MACHINING MARKET, BY INDUSTRY 28
4.4 ELECTRON BEAM MACHINING MARKET, BY REGION 28
4.5 EUROPE ELECTRON BEAM MACHINING MARKET, BY INDUSTRY & APPLICATION 29

5 MARKET OVERVIEW 30
5.1 INTRODUCTION 30
5.2 MARKET DYNAMICS 30
5.2.1 DRIVERS 31
5.2.1.1 Benefits of electron beam welding 31
5.2.1.2 Demand for welding in aerospace and automotive industries 31
5.2.2 RESTRAINTS 32
5.2.2.1 Availability of alternative micromachining technologies 32
5.2.2.2 Generation of X-rays during electron beam welding process 32
5.2.3 OPPORTUNITIES 32
5.2.3.1 Cost-effective welding for large scale production 32
5.2.4 CHALLENGES 33
5.2.4.1 Limitation on the workpiece size due to vacuum chamber size 33
5.2.4.2 Requirement of highly trained personnel 33
5.2.4.3 High capital/set up cost of electron beam machines 33
5.3 ELECTRON BEAM MACHINING SYSTEM COMPONENTS 33
5.4 FACTORS AFFECTING THE ELECTRON BEAM MACHINING PERFORMANCE 34

6 ANALYSIS OF MATERIALS PROCESSED USING ELECTRON BEAM MACHINING 35
6.1 INTRODUCTION 35
6.2 STAINLESS STEEL 35
6.2.1 STAINLESS STEEL IS MOST WIDELY USED FOR ELECTRON BEAM MACHINING 36
6.3 TITANIUM 36
6.3.1 INCREASED USE OF TITANIUM IN AEROSPACE & DEFENSE INDUSTRY FOR DEVELOPING VARIOUS AIRCRAFT COMPONENTS 36
6.4 NICKEL 36
6.4.1 NICKEL-BASED ALLOYS PLAYING A PROMINENT ROLE IN POWER INDUSTRY 36
6.5 OTHERS 37
6.5.1 INCREASED POROSITY OF COPPER DUE TO ITS ELECTRON BEAM WELDING 37

7 ELECTRON BEAM MACHINING MARKET, BY APPLICATION 38
7.1 INTRODUCTION 39
7.2 WELDING 40
7.2.1 ADVANTAGES OF ELECTRON BEAM WELDING 41
7.3 DRILLING 41
7.3.1 PULSE MODULATION PLAYS AN IMPORTANT ROLE IN DRILLING PROCESS 42
7.4 SURFACE TREATMENT 43
7.4.1 USE OF ELECTRON BEAM SURFACE TREATMENT TECHNOLOGY AS A SURFACE HARDENING TOOL 43

8 ELECTRON BEAM MACHINING MARKET, BY INDUSTRY 45
8.1 INTRODUCTION 46
8.2 AUTOMOTIVE 47
8.2.1 GROWTH SCOPE FOR TURBOCHARGER WELDERS IN AUTOMOTIVE INDUSTRY 48
8.3 AEROSPACE & DEFENSE 49
8.3.1 NADCAP ACCREDITATION ENSURES QUALITY OF WELDERS 50
8.4 OTHERS 51
8.4.1 REDUCED PRESSURE ELECTRON BEAM WELDING ENABLES HIGH-QUALITY ON-SITE WELDING AND SINGLE PASS THICK SECTION WELDING 52

9 ELECTRON BEAM MACHINING MARKET, BY GEOGRAPHY 54
9.1 INTRODUCTION 55
9.2 NORTH AMERICA 56
9.2.1 US 57
9.2.1.1 Key suppliers of electron beam welding services in the US market 57
9.2.2 REST OF NORTH AMERICA 57
9.2.2.1 Growing need for electron beam welding in aerospace industry is expected to offer opportunities for electron beam machining market in Mexico 58
9.3 EUROPE 58
9.3.1 GERMANY 60
9.3.1.1 Germany is one of the key markets for electron beam machining for automotive industry in Europe 60
9.3.2 FRANCE 61
9.3.2.1 Presence of leading aerospace companies to drive demand for electron beam welding in France 61
9.3.3 REST OF EUROPE 61
9.4 APAC 62
9.4.1 CHINA 64
9.4.1.1 Presence of key suppliers of electron beam machines in the country is driving the Chinese electron beam machining market 65
9.4.2 JAPAN 65
9.4.2.1 Nuclear industry is a prominent market for electron beam machining in Japan 65
9.4.3 REST OF APAC 66
9.5 REST OF THE WORLD (ROW) 66
9.5.1 SOUTH AMERICA 67
9.5.1.1 Future growth opportunities for electron beam machining market in Brazil 67
9.5.2 MIDDLE EAST & AFRICA 67
9.5.2.1 Significant growth expected for electron beam machining market in Middle East 67

10 COMPETITIVE LANDSCAPE 68
10.1 OVERVIEW 68
10.2 COMPETITIVE ANALYSIS 68
10.3 KEY PLAYERS AND THEIR OFFERINGS 70
10.4 COMPETITIVE LEADERSHIP MAPPING 70
10.4.1 VISIONARY LEADERS 70
10.4.2 DYNAMIC DIFFERENTIATORS 71
10.4.3 INNOVATORS 71
10.4.4 EMERGING COMPANIES 71
?

11 COMPANY PROFILES 72
11.1 KEY PLAYERS 72
(Business overview, Products offered, SWOT analysis, and MNM view)*
11.1.1 MITSUBISHI ELECTRIC 72
11.1.2 GLOBAL BEAM TECHNOLOGIES 74
11.1.3 PRO-BEAM 76
11.1.4 CAMBRIDGE VACUUM ENGINEERING 78
11.1.5 SCIAKY 80
11.1.6 BODYCOTE 82
11.1.7 BEIJING ZHONG KE ELECTRIC CO. LTD. 84
11.1.8 SODICK 85
11.1.9 TETA 87
11.1.10 FOCUS GMBH 88
11.2 OTHER KEY PLAYERS 89
11.2.1 EVOBEAM 89
11.2.2 AVIC 89
11.3 KEY ELECTRON BEAM SERVICE PROVIDERS 90
11.3.1 RAVENSCOURT ENGINEERING 90
11.3.2 JOSCH STRAHLSCHWEI?TECHNIK GMBH 90
11.3.3 EB INDUSTRIES 91
11.3.4 EBWA INDUSTRIES 91
11.3.5 ACCELERON INC. 91
11.3.6 CREATIVE INSTRUMENTATION 92
11.3.7 JOINING TECHNOLOGIES 92
11.3.8 B.C. INSTRUMENTS 92
11.3.9 KFMI 93
*Details on Business overview, Products offered, SWOT analysis, and MNM view might not be captured in case of unlisted companies.

12 APPENDIX 94
12.1 INSIGHTS OF INDUSTRY EXPERTS 94
12.2 DISCUSSION GUIDE 95
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 98
12.4 AVAILABLE CUSTOMIZATIONS 100
12.5 RELATED REPORTS 100
12.6 AUTHOR DETAILS 101



List of Figures



FIGURE 1 MARKETS COVERED 14
FIGURE 2 ELECTRON BEAM MACHINING MARKET: RESEARCH DESIGN 16
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 19
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 20
FIGURE 5 DATA TRIANGULATION 21
FIGURE 6 ASSUMPTIONS OF THE RESEARCH STUDY 22
FIGURE 7 LIMITATIONS OF THE RESEARCH STUDY 22
FIGURE 8 ELECTRON BEAM MACHINING MARKET SEGMENTATION 23
FIGURE 9 ELECTRON BEAM MACHINING MARKET SNAPSHOT 24
FIGURE 10 WELDING APPLICATION EXPECTED TO LEAD ELECTRON BEAM MACHINING MARKET DURING FORECAST PERIOD 24
FIGURE 11 AUTOMOTIVE INDUSTRY EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 25
FIGURE 12 ELECTRON BEAM MACHINING MARKET IN ASIA PACIFIC EXPECTED TO GROW AT THE HIGHEST GROWTH RATE BETWEEN 2019 & 2024 26
FIGURE 13 BENEFITS OF ELECTRON BEAM MACHINES MAKE THEM PREFERABLE ACROSS VARIOUS INDUSTRIES 27
FIGURE 14 AUTOMOTIVE INDUSTRY ESTIMATED TO LEAD ELECTRON BEAM MACHINING MARKET IN WELDING IN 2019 27
FIGURE 15 AUTOMOTIVE INDUSTRY EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD 28
FIGURE 16 EUROPE IS ESTIMATED TO ACCOUNT FOR THE LARGEST SHARE OF THE MARKET FOR ELECTRON BEAM MACHINING IN 2019 28
FIGURE 17 AUTOMOTIVE INDUSTRY ACCOUNTED FOR LARGEST SHARE OF THE EUROPE ELECTRON BEAM MACHINING MARKET IN 2018 29
FIGURE 18 ELECTRON BEAM MACHINING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 30
FIGURE 19 KEY BENEFITS OF ELECTRON BEAM WELDING 31
FIGURE 20 GLOBAL VEHICLE PRODUCTION (MILLION UNITS) 32
FIGURE 21 COMPONENTS OF AN ELECTRON BEAM MACHINE 33
FIGURE 22 PARAMETERS AFFECTING THE PERFORMANCE OF ELECTRON BEAM MACHINE 34
FIGURE 23 CLASSIFICATION OF MATERIALS USED FOR ELECTRON BEAM MACHINING 35
FIGURE 24 TYPES OF STAINLESS STEEL USED FOR ELECTRON BEAM WELDING 36
FIGURE 25 PARAMETERS RESPONSIBLE FOR INCREASED POROSITY OF COPPER METAL DUE TO ELECTRON BEAM WELDING 37
FIGURE 26 ELECTRON BEAM MACHINING MARKET, BY APPLICATION 39
FIGURE 27 TYPES OF ELECTRON BEAM WELDING MACHINES 41
FIGURE 28 ELECTRON BEAM MACHINING MARKET, BY INDUSTRY 46
FIGURE 29 CHINA TO DOMINATE THE ELECTRON BEAM MACHINING MARKET
FROM 2019 TO 2024 55
FIGURE 30 NORTH AMERICA ELECTRON BEAM MACHINING MARKET (USD MILLION) 56
FIGURE 31 SNAPSHOT OF ELECTRON BEAM MACHINING MARKET IN EUROPE 59
FIGURE 32 PASSENGER CAR PRODUCTION IN EUROPE, 2018 (MILLION UNITS) 61
FIGURE 33 FRANCE’S SHARE IN NUCLEAR POWER GENERATION IN 2018:
EUROPE VS. GLOBAL 61
FIGURE 34 SNAPSHOT OF ELECTRON BEAM MACHINING MARKET IN APAC 63
FIGURE 35 PRESENT STATE OF AUTOMOTIVE INDUSTRY IN CHINA 64
FIGURE 36 JAPAN’S NUCLEAR ENERGY GENERATION INCREASED MULTIFOLD IN 2018 65
FIGURE 37 MARKET RANKING OF THE TOP 3 PLAYERS IN THE ELECTRON BEAM MACHINING MARKET, 2018 68
FIGURE 38 ELECTRON BEAM MACHINING MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2018 71
FIGURE 39 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT 72
FIGURE 40 BODYCOTE: COMPANY SNAPSHOT 82
FIGURE 41 SODICK: COMPANY SNAPSHOT 85

 

List of Tables



TABLE 1 ELECTRON BEAM MACHINING MARKET, BY APPLICATION 2016–2024 (USD MILLION) 39
TABLE 2 ELECTRON BEAM MACHINING MARKET IN WELDING, BY REGION 2016–2024 (USD MILLION) 40
TABLE 3 ELECTRON BEAM MACHINING MARKET IN WELDING, BY INDUSTRY 2016–2024 (USD MILLION) 40
TABLE 4 ELECTRON BEAM MACHINING MARKET IN DRILLING, BY REGION 2016–2024 (USD MILLION) 42
TABLE 5 ELECTRON BEAM MACHINING MARKET IN DRILLING, BY INDUSTRY 2016–2024 (USD MILLION) 42
TABLE 6 ELECTRON BEAM MACHINING MARKET IN SURFACE TREATMENT, BY REGION, 2016–2024 (USD MILLION) 43
TABLE 7 ELECTRON BEAM MACHINING MARKET IN SURFACE TREATMENT, BY INDUSTRY, 2016–2024 (USD MILLION) 44
TABLE 8 ELECTRON BEAM MACHINING MARKET, BY INDUSTRY, 2016–2024 (USD MILLION) 46
TABLE 9 ELECTRON BEAM MACHINING MARKET FOR AUTOMOTIVE, BY REGION 2016–2024 (USD MILLION) 47
TABLE 10 ELECTRON BEAM MACHINING MARKET FOR AUTOMOTIVE, BY APPLICATION 2016–2024 (USD MILLION) 47
TABLE 11 NORTH AMERICA ELECTRON BEAM MACHINING MARKET FOR AUTOMOTIVE BY APPLICATION, 2016–2024 (USD MILLION) 48
TABLE 12 EUROPE ELECTRON BEAM MACHINING MARKET FOR AUTOMOTIVE BY APPLICATION, 2016–2024 (USD MILLION) 48
TABLE 13 APAC ELECTRON BEAM MACHINING MARKET FOR AUTOMOTIVE, BY APPLICATION, 2016–2024 (USD MILLION) 49
TABLE 14 ELECTRON BEAM MACHINING MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2016–2024 (USD MILLION) 49
TABLE 15 ELECTRON BEAM MACHINING MARKET FOR AEROSPACE & DEFENSE BY APPLICATION, 2016–2024 (USD MILLION) 50
TABLE 16 NORTH AMERICA ELECTRON BEAM MACHINING MARKET FOR AEROSPACE & DEFENSE, BY APPLICATION, 2016–2024 (USD MILLION) 50
TABLE 17 EUROPE ELECTRON BEAM MACHINING MARKET FOR AEROSPACE & DEFENSE BY APPLICATION, 2016–2024 (USD MILLION) 51
TABLE 18 APAC ELECTRON BEAM MACHINING MARKET FOR AEROSPACE & DEFENSE BY APPLICATION, 2016–2024 (USD MILLION) 51
TABLE 19 ELECTRON BEAM MACHINING MARKET FOR OTHER INDUSTRIES, BY REGION, 2016–2024 (USD MILLION) 52
TABLE 20 ELECTRON BEAM MACHINING MARKET FOR OTHER INDUSTRIES, BY APPLICATION, 2016–2024 (USD MILLION) 52
TABLE 21 NORTH AMERICA ELECTRON BEAM MACHINING MARKET FOR OTHER INDUSTRIES, BY APPLICATION, 2016–2024 (USD MILLION) 53
TABLE 22 EUROPE ELECTRON BEAM MACHINING MARKET FOR OTHER INDUSTRIES BY APPLICATION, 2016–2024 (USD MILLION) 53
TABLE 23 APAC ELECTRON BEAM MACHINING MARKET FOR OTHER INDUSTRIES BY APPLICATION, 2016–2024 (USD MILLION) 53
TABLE 24 ELECTRON BEAM MACHINING MARKET, BY REGION, 2016–2024 (USD MILLION) 56
TABLE 25 ELECTRON BEAM MACHINING MARKET IN NORTH AMERICA, BY COUNTRY 2016–2024 (USD MILLION) 56
TABLE 26 ELECTRON BEAM MACHINING MARKET IN NORTH AMERICA, BY INDUSTRY 2016–2024 (USD MILLION) 57
TABLE 27 ELECTRON BEAM MACHINING MARKET IN NORTH AMERICA, BY APPLICATION, 2016–2024 (USD MILLION) 58
TABLE 28 ELECTRON BEAM MACHINING MARKET IN EUROPE, BY COUNTRY 2016–2024 (USD MILLION) 59
TABLE 29 ELECTRON BEAM MACHINING MARKET IN EUROPE, BY INDUSTRY 2016–2024 (USD MILLION) 60
TABLE 30 ELECTRON BEAM MACHINING MARKET IN EUROPE, BY APPLICATION 2016–2024 (USD MILLION) 62
TABLE 31 ELECTRON BEAM MACHINING MARKET IN APAC, BY COUNTRY 2016–2024 (USD MILLION) 63
TABLE 32 ELECTRON BEAM MACHINING MARKET IN APAC, BY INDUSTRY 2016–2024 (USD MILLION) 64
TABLE 33 ELECTRON BEAM MACHINING MARKET IN APAC, BY APPLICATION 2016–2024 (USD MILLION) 66
TABLE 34 ELECTRON BEAM MACHINING MARKET IN ROW, BY INDUSTRY 2016–2024 (USD MILLION) 66
TABLE 35 ELECTRON BEAM MACHINING MARKET IN ROW, BY APPLICATION 2016–2024 (USD MILLION) 67
TABLE 36 KEY COMPANIES AND THEIR OFFERINGS IN THE ELECTRON BEAM MACHINING MARKET 70