India electron-beam welding (EBW) machine market is estimated to grow at a CAGR of over 8% during the forecast period. India is continuously working to become a major country in technological development and industrialization. Cohesive government initiatives such as “Make in India”, huge FDI inflow, and significant efforts by key manufacturing companies such as GE Healthcare, Siemens AG, Toshiba Corp., and Boeing AG to set up their manufacturing plants in India, is further anticipated to contribute towards the growth of the EBW machine market in the country.
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India 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 in 2018.
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Market Segmentation
India EBW Machine Market by Component
Electron Gun
Working Chamber
Workpiece Manipulator
Others
India EBW Machine Market by End-User
Automotive
Aerospace & Defense
Marine
Construction
Industrial Fabrication
Others
Company Profiles
Apar Industries Ltd.
Arcam AB (a part of General Electric Co.)
Asaco Pvt Ltd.
BC Instruments India Pvt. Ltd.
Elektroweld Automations India Pvt. Ltd.
Lakshmi Technology and Engineering Industries Ltd.
Machine Tools (India) Ltd.
Mitsubishi Electric Corp.
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