Electrical discharge machining (EDM), also known as spark machining, spark eroding, burning, die sinking, wire burning or wire erosion, is a manufacturing process whereby a desired shape is obtained by using electrical discharges (sparks). Material is removed from the work piece by a series of rapidly recurring current discharges between two electrodes, separated by a dielectric liquid and subject to an electric voltage. One of the electrodes is called the tool-electrode, or simply the "tool" or "electrode," while the other is called the workpiece-electrode, or "work piece." The process depends upon the tool and work piece not making actual contact.
According to our (Global Info Research) latest study, the global Electrical Discharge Machines (EDM) market size was valued at USD 2403.6 million in 2022 and is forecast to a readjusted size of USD 3737 million by 2029 with a CAGR of 6.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core electrical discharge machines (EDM) manufacturers include Mitsubishi Electric, Sodick and GF Machining etc. The top 2 companies hold a share about 40%. Japan and China is the largest market, with a share about 56%, followed by Europe with the share about 23%.In terms of product, wire cutting machine is the largest segment, with a share over 50%. And in terms of application, the largest application is automotive and production machinery, followed by electronics.
This report is a detailed and comprehensive analysis for global Electrical Discharge Machines (EDM) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Electrical Discharge Machines (EDM) market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2018-2029
Global Electrical Discharge Machines (EDM) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2018-2029
Global Electrical Discharge Machines (EDM) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2018-2029
Global Electrical Discharge Machines (EDM) market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electrical Discharge Machines (EDM)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electrical Discharge Machines (EDM) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Mitsubishi Electric, Sodick, GF Machining, Makino and FANUC, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Electrical Discharge Machines (EDM) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Wire Cutting Machine
Die Sinking EDM
Hole Drilling EDM
Market segment by Application
Automotive and Production Machinery
Military and Aerospace
Electronics
Medical Device
Others
Major players covered
Mitsubishi Electric
Sodick
GF Machining
Makino
FANUC
Seibu
CHMER EDM
ONA Electroerosion
OPS Ingesoll
Exeron
Shanghai Esuntek Machinery
Zimmer & Kreim (ZK)
Excetek Technology
Beaumont Machine
Seoul Precision Machine
Knuth
AccuteX
Yan Yang
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electrical Discharge Machines (EDM) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electrical Discharge Machines (EDM), with price, sales, revenue and global market share of Electrical Discharge Machines (EDM) from 2018 to 2023.
Chapter 3, the Electrical Discharge Machines (EDM) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electrical Discharge Machines (EDM) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Electrical Discharge Machines (EDM) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electrical Discharge Machines (EDM).
Chapter 14 and 15, to describe Electrical Discharge Machines (EDM) sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Electrical Discharge Machines (EDM). Industry analysis & Market Report on Electrical Discharge Machines (EDM) is a syndicated market report, published as Global Electrical Discharge Machines (EDM) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Electrical Discharge Machines (EDM) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.