Report overview
EDM Cutting Wire refers to EDM Wire. There is a machining method that uses a high voltage electrical discharge phenomenon for cutting metal. Two types of tools utilize this method, the wire EDM machine and the die-sinking EDM machine. The term wire for EDM machine refers to the wire that is used to generate the electrical discharge in the wire EDM machine.
This report aims to provide a comprehensive presentation of the global market for EDM Cutting Wire, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding EDM Cutting Wire. This report contains market size and forecasts of EDM Cutting Wire in global, including the following market information:
Global EDM Cutting Wire Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global EDM Cutting Wire Market Sales, 2018-2023, 2024-2029, (MT)
Global top five EDM Cutting Wire companies in 2022 (%)
The global EDM Cutting Wire market was valued at US$ 907.5 million in 2022 and is projected to reach US$ 1618.2 million by 2029, at a CAGR of 8.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global EDM Cutting Wire key players include Powerway Group, Oki Electric Cable, OPECMADE Inc., THERMOCOMPACT, Hitachi Metals, etc. Global top five manufacturers hold a share about 43%. Europe is the largest market, with a share about 42%, followed by China and Japan, both have a share about 50% percent. In terms of product, No Coated Wire is the largest segment, with a share over 63%. And in terms of Application, the largest level is High Precision Mold, followed by CNC Tool, High-precision Medical Equipment, etc.
We surveyed the EDM Cutting Wire manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global EDM Cutting Wire Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global EDM Cutting Wire Market Segment Percentages, by Type, 2022 (%)
No Coated Wire
Coated Wire
Hybrid Wire
Global EDM Cutting Wire Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global EDM Cutting Wire Market Segment Percentages, by Application, 2022 (%)
High Precision Mold
CNC Tool
High-precision Medical Equipment
High Precision Reducer
Others
Global EDM Cutting Wire Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global EDM Cutting Wire Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies EDM Cutting Wire revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies EDM Cutting Wire revenues share in global market, 2022 (%)
Key companies EDM Cutting Wire sales in global market, 2018-2023 (Estimated), (MT)
Key companies EDM Cutting Wire sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Powerway Group
Oki Electric Cable
OPECMADE Inc.
THERMOCOMPACT
Hitachi Metals
Sumitomo (SEI) Steel Wire Corp.
J.G. Dahmen & Co KG
Tamra Dhatu
Senor Metals
Yuang Hsian Metal Industrial
Heinrich Stamm GmbH
Ningbo De-Shin Industrial Co., Ltd
Novotec
Outline of Major Chapters:
Chapter 1: Introduces the definition of EDM Cutting Wire, market overview.
Chapter 2: Global EDM Cutting Wire market size in revenue and volume.
Chapter 3: Detailed analysis of EDM Cutting Wire manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of EDM Cutting Wire in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global EDM Cutting Wire capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
