Electrical Discharge Machines (EDM) - Global Strategic Business Report

Report
188 Pages
April 2024
Region: Global
Global Industry Analysts, Inc
ID: 3275698

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
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
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 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (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 2022 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 2021 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, 2023 & 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 2022 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 2021 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, 2023 & 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 2022 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 2021 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, 2023 & 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 2022 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 2021 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, 2023 & 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 2022 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 2021 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, 2023 & 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 2022 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 2021 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, 2023 & 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 2022 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 2021 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, 2023 & 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 2022 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 2021 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, 2023 & 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 2022 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 2021 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, 2023 & 2030

III. MARKET ANALYSIS

UNITED STATES

Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)

CANADA

JAPAN

Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)

CHINA

Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)

EUROPE

Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)

FRANCE

Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)

GERMANY

Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)

ITALY

UNITED KINGDOM

Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)

SPAINRUSSIAREST OF EUROPE

ASIA-PACIFIC

Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)

AUSTRALIA

Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)

INDIA

Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)

SOUTH KOREAREST OF ASIA-PACIFIC

LATIN AMERICA

Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)

ARGENTINABRAZILMEXICOREST OF LATIN AMERICA

MIDDLE EAST

Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)

IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST

AFRICA

Electrical Discharge Machines (EDM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (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

Report Attribute	Details
No. of Pages	188
Published	April 2024
Forecast Period	2022 - 2030
Estimated Market Value ( USD ) in 2022	$ 6.2 Billion
Forecasted Market Value ( USD ) by 2030	$ 9.4 Billion
Compound Annual Growth Rate	5.3%
Regions Covered	Global

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Global Electrical Discharge Machines (EDM) Market to Reach $9.4 Billion by 2030

The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 9.1% CAGR

Select Competitors (Total 32 Featured) -

What's New?

Table of Contents

Companies Mentioned (Partial List)

Table Information

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