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Electrical Discharge Machines (EDM) - Global Strategic Business Report

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    Report

  • 188 Pages
  • May 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 3275698
The global market for Electrical Discharge Machines (EDM) is estimated at US$6.6 Billion in 2023 and is projected to reach US$9.4 Billion by 2030, growing at a CAGR of 5.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Wire Cutting EDM segment, which is expected to reach US$5.7 Billion by 2030 with a CAGR of a 5.8%. The Small Hole EDM segment is also set to grow at 4.8% CAGR over the next 7 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $1.8 Billion in 2023, and China, forecasted to grow at an impressive 8.8% CAGR to reach $2.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Electrical Discharge Machines (EDM) Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electrical Discharge Machines (EDM) Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Electrical Discharge Machines (EDM) Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as AAEDM Corp., AccuteX Technologies Co., Ltd., Beaumont Machine, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

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.

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Global Economic Update
  • Metal Shaping: A Key Process in Manufacturing Engineering
  • Recent Market Activity
  • Manufacturing Industry: The Sole Determinant of Demand for EDM
  • Recession Deeply Impacts the Manufacturing Growth in Developed Economies
  • Why the Recession Shock Impacted the EDM Market?
  • A Reinvented Manufacturing Industry
  • Promising GDP Growth to Usher New Era
  • Challenges Facing Global Economy
  • Factors Favoring Economic Growth
  • Global Market Outlook
  • Electrical Discharge Machines (EDM) - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
  • AAEDM Corporation (USA)
  • AccuteX Technologies Co., Ltd. (Taiwan)
  • Beaumont Machine (USA)
  • CHMER EDM (Taiwan)
  • Excetek Technologies Co., Ltd. (Taiwan)
  • GF Machining Solutions Management SA (Switzerland)
  • Kent Industrial USA, Inc. (USA)
  • KNUTH Machine Tools (Germany)
  • Makino Milling Machine Co. Ltd. (Japan)
  • MC Machinery Systems, Inc. (USA)
  • ONA Electroerosion S.A. (Spain)
  • Sodick, Inc. (USA)
3. MARKET TRENDS & DRIVERS
  • Recovery in Global Manufacturing PMI to Encourage Spending on Manufacturing Equipment by Assembly Plants
  • Improving Plant Capacity Utilization Sets Ground for New Equipment Purchases
  • Developments in Micro & Nano EDM Spur Opportunities in Microfabrication Applications
  • Increasing Use of Complex Materials Drives Demand for EDM
  • Growing Focus on Resource Efficient Manufacturing Processes Drives Preference for EDM
  • Global Shortage of Skilled Labor Spurs Demand for Automated CNC EDM
  • Market Opportunities Rapidly Shift Towards Emerging Countries, Post-Recession
  • A STable Medical Device Manufacturing Sector Bodes Well for Market Growth
  • Technology Refinements in Wire EDM to Double Productivity in Medical Device Manufacturing
  • Aerospace Production to Benefit Demand for EDM
  • Steady Automobile Production Drives Demand for CNC EDM in Automotive Machining
  • Continuous Technology Improvements to Spur Growth in the EDM Market
  • Demand for High-End EDM Technology Spur Advancements in EDM
  • Latest Technological Advancements in EDM
  • Automatic Wire Threading Capabilities in One Single Machine to Minimize Accuracy Errors
  • Integration of MTConnect Communications Protocol for Greater Accuracy and Repeatability
  • In-Process Inspection Systems for Higher Accuracy and Efficiency
  • Integration of Vision Systems Enhance Finished Product Quality
  • Advanced Touchscreen Controls
  • Automation Leads to Precise Predictability and Remarkable Repeatability
  • Research Trends in EDM
  • Research on Electrode Materials and Rapid Electrode Production
  • Focus on Automation
  • Spotlight on Green Manufacturing
  • Research on Dry EDM
  • Focus on Micro and Nano EDM
  • Growing Popularity of Ultrafast Lasers: A Major Threat to the Growth of EDM
  • High Speed Milling Cannibalizes Demand for EDM in the Mold & Die Industry
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Electrical Discharge Machines (EDM) Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Electrical Discharge Machines (EDM) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Electrical Discharge Machines (EDM) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Electrical Discharge Machines (EDM) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Wire Cutting EDM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Wire Cutting EDM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Wire Cutting EDM by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Small Hole EDM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Small Hole EDM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Small Hole EDM by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Die Sinking EDM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Die Sinking EDM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Die Sinking EDM by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Manufacturing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Aerospace & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Aerospace & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Aerospace & Defense by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

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