The global Electrical Discharge Machines (EDM) market was valued at US$ 2668.2 million in 2019 and it is expected to reach US$ 4238.9 million by the end of 2026, growing at a CAGR of 7.0% during 2021-2026.
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.
The industry’s leading manufacturers are Mitsubishi Electric, Sodick and GF Machining Solutions Management, with revenue ratios of 30.11%, 12.13% and 10.67%, respectively, in 2019.
Global Electrical Discharge Machines (EDM) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Electrical Discharge Machines (EDM) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Mitsubishi Electric, Sodick, Gf Machining Solutions Management, Makino, Chmer Edm, Ona Electroerosion, Fanuc, Seoul Precision Machine, Exeron, Shanghai Esuntek Machinery, Excetek Technology, Mc Machinery Systems, Beaumont Machine, Knuth Machine Tools and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Wire Cutting Machine
- Die Sinking EDM
- Hole Drilling EDM
Segment by Application
- Medical Device
- Aerospace Component
- Electrical and Electronics
Table of Content:
1 Electrical Discharge Machines (EDM) Market Overview
2 Electrical Discharge Machines (EDM) Market Competition by Manufacturers
3 Electrical Discharge Machines (EDM) Retrospective Market Scenario by Region
4 Global Electrical Discharge Machines (EDM) Historic Market Analysis by Type
5 Global Electrical Discharge Machines (EDM) Historic Market Analysis by Application
6 Key Companies Profiled
7 Electrical Discharge Machines (EDM) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Electrical Discharge Machines (EDM) Market Dynamics
10 Global Electrical Discharge Machines (EDM) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.