Global Electrical Discharge Machines (EDM) Market to Reach $9.4 Billion by 2030
The global market for Electrical Discharge Machines (EDM) estimated at US$6.2 Billion in the year 2022, is projected to reach a revised size of US$9.4 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2022-2030. Wire Cutting EDM, one of the segments analyzed in the report, is projected to record 5.9% CAGR and reach US$5.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Small Hole EDM segment is readjusted to a revised 4.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 9.1% CAGR
The Electrical Discharge Machines (EDM) market in the U.S. is estimated at US$1.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2030 trailing a CAGR of 9.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 5.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.Select Competitors (Total 32 Featured) -
- AAEDM Corp.
- AccuteX Technologies Co., Ltd.
- Beaumont Machine
- CHMER EDM
- Excetek Technologies Co., Ltd.
- GF Machining Solutions Management SA
- Kent Industrial USA, Inc.
- KNUTH Machine Tools
- Makino Milling Machine Co. Ltd.
- MC Machinery Systems, Inc.
- ONA Electroerosion S.A.
- Sodick, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AAEDM Corp.
- AccuteX Technologies Co., Ltd.
- Beaumont Machine
- CHMER EDM
- Excetek Technologies Co., Ltd.
- GF Machining Solutions Management SA
- Kent Industrial USA, Inc.
- KNUTH Machine Tools
- Makino Milling Machine Co. Ltd.
- MC Machinery Systems, Inc.
- ONA Electroerosion S.A.
- Sodick, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 188 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 6.2 Billion |
Forecasted Market Value ( USD | $ 9.4 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |