China Electron-Beam Welding (EBW) Machine Market Trends, Size, Competitive Analysis and Forecast 2020-2026
China electron-beam welding (EBW) machine market is estimated to grow at a CAGR of around 8.0% during the forecast period. Rising industrialization is primarily driving the demand for EBW in the country. Announced in 2015, the “Made in China 2025” is one of the ambitious projects aimed at increasing the competitiveness of Chinese manufacturing industries including electronics, chemical, automotive, among others. The goal of the project is to foster Chinese brands, boost innovation, and reduce the country’s reliance on foreign technology by making the nation a major or dominant global manufacturer of various technologies such as automotive.
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China 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. 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.
Moreover, the study of the
report covers the analysis of various players operating in the market. Some of
the key players covered in the report include Cambridge Vacuum Engineering
(CVE), and CKD Laser Co., Ltd. The market players are adopting some crucial
strategies including mergers and acquisitions, geographical expansion, and
partnerships, and collaborations, to gain a competitive advantage. For
instance, in March 2020, CVE opened a new Chinese office to ensure the
availability of better service to their customers. The incorporation of
Aquasium Technology (Beijing) Co. Ltd enabling CVE to meet the demands and
maintain continued growth in the region.
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China EBW Machine
Market Segmentation
By Component
·
Electron Gun
·
Working Chamber
·
Workpiece Manipulator
·
Others
By End-User
·
Automotive
·
Aerospace & Defense
·
Marine
·
Construction
·
Industrial Fabrication
·
Others
Company Profiles
·
Arcam AB (a part of General Electric Co.)
·
Cambridge Vacuum Engineering (CVE)
·
CKD Laser Co., Ltd.
·
Optic Technology (Shenzhen) Co., Ltd.
·
Perfect Laser (Wuhan) Co., Ltd.
·
Shenzhen Dapeng Laser Technology Co., Ltd.
·
Shenzhen JASIC Technology Co. Ltd.
·
Shenzhen Tie Xi Electric Machinery Co., Ltd.
·
Techmeta Engineering
·
Wuhan Label Laser Science & Technology Co.,
Ltd.
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