Global Electrical Discharge Machining (EDM) Market Research Report 2022

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.
Market Analysis and Insights: Global Electrical Discharge Machining (EDM) Market
Due to the COVID-19 pandemic, the global Electrical Discharge Machining (EDM) market size is estimated to be worth US$ 2326.7 million in 2022 and is forecast to a readjusted size of US$ 3337.9 million by 2028 with a CAGR of 6.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Sinker EDM accounting for % of the Electrical Discharge Machining (EDM) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Automotive and Production Machinery segment is altered to an % CAGR throughout this forecast period.
Global Electrical Discharge Machining (EDM) key players include Mitsubishi Electric, Sodick, GF Machining, Makino, FANUC, etc. Global top five manufacturers hold a revenue sales market share over 50%. Asia-Pacific accounts for the most market share, which have a share over 40%, followed by Europe. In terms of product, Sinker EDM is the largest segment, with a share over 55%. And in terms of application, the largest application is Automotive and Production Machinery, followed by Military and Aerospace.
Global Electrical Discharge Machining (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 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
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 Machining (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 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Sinker EDM
Wire EDM
Hole Drilling EDM
Segment by Application
Automotive and Production Machinery
Military and Aerospace
Electronics
Medical Device
Others
By Company
Mitsubishi Electric
Sodick
GF Machining
Makino
FANUC
CHMER EDM
ONA Electroerosion
OPS Ingesoll
Methods Machine Tools
Exeron
Shanghai Esuntek Machinery
Zimmer & Kreim (ZK)
Excetek Technology
Beaumont Machine
Seoul Precision Machine
Knuth
AccuteX
Yan Yang
Production by Region
North America
Europe
China
Japan
China Taiwan
South Korea
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina

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