The term wire for EDM machine refers to the wire that is used to generate the electrical discharge in the wire EDM machine.
WEDM main application areas are mold and aerospace manufacturing. In 2018, these two sector hold a market share of 46.41%.
From the view of region, Asia-Pacific have a larger market share in 2018 which account for 37.16% and will witness a stable growth in following years. Europe hold a market share of 26.58% will still play an important role which cannot be ignored. Any changes from North America, which share a 22.17% market share in 2018, might affect the development trend of EDM wire (consumable).
According to this study, over the next five years the EDM wire (consumable) market will register a 9.5% CAGR in terms of revenue, the global market size will reach US$ 970 million by 2024, from US$ 620 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in EDM wire (consumable) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of EDM wire (consumable) market by product type, application, key manufacturers and key regions and countries.
This study considers the EDM wire (consumable) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
No Coated Wire
Coated Wire
Hybrid Wire
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Aerospace
Mechanic
Die & Mold
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Powerway Group
Oki Electric Cable
OPECMADE Inc.
THERMOCOMPACT
Hitachi Metals
Sumitomo (SEI) Steel Wire Corp.
J.G. Dahmen & Co KG
Tamra Dhatu
Senor Metals
YUANG HSIAN METAL INDUSTRIAL
Heinrich Stamm GmbH
Ningbo De-Shin Industrial
Novotec
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global EDM wire (consumable) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of EDM wire (consumable) market by identifying its various subsegments.
Focuses on the key global EDM wire (consumable) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the EDM wire (consumable) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of EDM wire (consumable) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on EDM wire (consumable). Industry analysis & Market Report on EDM wire (consumable) is a syndicated market report, published as Global EDM wire (consumable) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of EDM wire (consumable) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.