A Complete Guide to the Top 5 E Beam High Voltage Companies

The E beam high voltage industry is projected to grow, owing to a range of applications. It is used for welding, isolation, and coating of films. E beam (Electron beam) is an ionizing energy, which has the ability to produce pulsed or continuous beams. Major companies have been experimenting on innovative technologies through research and development activities. As a result, the demand for the product is increasing.

There is a mounting need for distribution and transmission networks to propel market growth by posing an opportunity for the market. Increasing demand for welding applications and rising demand from the automotive industry are anticipated to drive market growth. Electron beam devices are heavily used in the automotive sector as they have increased automobile production worldwide. Industries used beam devices for various reasons such as welding complex components in spacecraft, joining dissimilar and similar materials, high welding speed, and others.

According to Business Research Insights, the global E beam high voltage market size was valued at USD 6.493 billion in 2020 and will grow at a CAGR of 8.2% over the forecast period. The market has leading players such as Advanced Energy Industries, Inc., Spellman, JEOL Ltd., Excelitas Technologies Corp., Ferrotec (USA) Corporation, and ISEG Spezialelektronik GmbH.

Cessation on Manufacturing Activities to Slowdown Market Growth During COVID-19

The COVID-19 pandemic imposed numerous restrictions on various global markets. The pandemic had less effect on the E beam high voltage industry. The product is used for welding purposes in aerospace, automotive, foundry, and metalworking. Government restrictions and lockdowns led to the shutdown of all activities, which affected the market growth.

Business Research Insights States the Top 5 E Beam High Voltage Companies-

1. Advanced Energy Industries, Inc. (U.S.)

Advanced Energy Industries, Inc. is a U.S.-based semiconductor manufacturing company headquartered in Denver, Colorado, U.S. Founded in 1981, it is a multinational technology company that develops power conversion, flat panel displays, and control & measurement technologies for manufacturing of semiconductors, industrial coatings, architectural glass and solar cells, telecommunications network equipment, and medical devices. The company produces products that are required by various manufacturing industries. It deals in mainly six categories like power engineering, sustainable energy production, energy storage conversion, energy systems and resource economies, and energy in-built environments.

2. Spellman (U.S.)

Started and established in 1947, Spellman High Voltage Electronics manufactures and designs high voltage power supplies. It offers high voltage solutions in security screening, medical imaging, inspection, analytical, undersea power, customized products, industrial process, and research. Its product portfolio includes AC/DC generators, DC/DC converters, Monoblock X-ray sources, modular high voltage power supply, rack mount high voltage power supply, custom high voltage power supply, and portable NDT X-ray imaging products. The company has its head office in Hauppauge, New York, U.S.

3. Excelitas Technologies Corp. (Canada)

Excelitas Technologies Corp. is a Canadian global appliance, electrical, and electronics manufacturing company. The company was established in 2011 and now has 9 subsidiaries globally. It provides advanced electronics systems and customized optoelectronics. It serves in a vast array of industries such as consumer products, automotive, defense and aerospace, medical, industrial, and safety & security.

4. JEOL Ltd. (Japan)

Japan Electron Optics Laboratory or simply traded as JEOL Ltd. is one of the major developers and manufacturers of electron microscopes and various industrial, medical, and scientific equipment. It offers analytical instruments and electron optics instruments. Founded in 1949, the company is one of the oldest manufacturing companies in precision instruments globally. It is headquartered in Tokyo, Japan and has 25 subsidiaries that are located in domestic and foreign lands. It sells its products across Asia, Europe, the Americas, and Australasia.

5. Ferrotec (USA) Corporation (U.S.)

Ferrotec (USA) Corporation is an American company that manufactures advanced component, material, and assembly solutions. The company’s parent organization is FERROTEC HOLDINGS CORPORATION. It offers ferrofluid solutions such as super paramagnetic nanoparticle products and magnetic fluid. The company was founded in 1968 with its headquarters in Santa Clara, U.S.

Demand for Distribution and Transmission Networks to Propel E Beam High Voltage Industry Development

There has been a rise in electricity consumption and output, owing to rise in industrialization. Shift in the dynamics of power generation is expected to fuel the demand for transmission and distribution networks. Increasing usage of renewable energy for generation of power and the demand for new distribution lines and grids are predicted to increase due to rise in electrification. Cables are getting utilized for distribution and transmission from power generation, which is predicted to provide a vast growth opportunity for manufacturers of E beam high voltage cable accessories.