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Electrical Discharge Machines (EDM) Market, Global Outlook and Forecast 2023-2029

Electrical Discharge Machines (EDM) Market, Global Outlook and Forecast 2023-2029

  • Published on : 03 April 2023
  • Pages :110
  • Report Code:SMR-7627410

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Report overview

The global Electrical Discharge Machines (EDM) market was valued at US$ 2403.6 million in 2022 and is projected to reach US$ 3737 million by 2029, at a CAGR of 6.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
 

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.
This report aims to provide a comprehensive presentation of the global market for Electrical Discharge Machines (EDM), 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 Electrical Discharge Machines (EDM). This report contains market size and forecasts of Electrical Discharge Machines (EDM) in global, including the following market information:

  • Global Electrical Discharge Machines (EDM) Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Electrical Discharge Machines (EDM) Market Sales, 2018-2023, 2024-2029, (Units)
  • Global top five Electrical Discharge Machines (EDM) companies in 2022 (%)

Global core electrical discharge machines (EDM) manufacturers include Mitsubishi Electric, Sodick and GF Machining etc. The top 2 companies hold a share about 40%. Japan and China is the largest market, with a share about 56%, followed by Europe with the share about 23%.In terms of product, wire cutting machine is the largest segment, with a share over 50%. And in terms of application, the largest application is automotive and production machinery, followed by electronics.
We surveyed the Electrical Discharge Machines (EDM) 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 Electrical Discharge Machines (EDM) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Electrical Discharge Machines (EDM) Market Segment Percentages, by Type, 2022 (%)

  • Wire Cutting Machine
  • Die Sinking EDM
  • Hole Drilling EDM
Global Electrical Discharge Machines (EDM) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Electrical Discharge Machines (EDM) Market Segment Percentages, by Application, 2022 (%)
  • Automotive and Production Machinery
  • Military and Aerospace
  • Electronics
  • Medical Device
Others
Global Electrical Discharge Machines (EDM) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Electrical Discharge Machines (EDM) 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 Electrical Discharge Machines (EDM) revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Electrical Discharge Machines (EDM) revenues share in global market, 2022 (%)
  • Key companies Electrical Discharge Machines (EDM) sales in global market, 2018-2023 (Estimated), (Units)
  • Key companies Electrical Discharge Machines (EDM) sales share in global market, 2022 (%)

Key players include:

  • Mitsubishi Electric
  • Sodick
  • GF Machining
  • Makino
  • FANUC
  • Seibu
  • CHMER EDM
  • ONA Electroerosion
  • OPS Ingesoll
  • Exeron
  • Shanghai Esuntek Machinery
  • Zimmer & Kreim (ZK)
  • Excetek Technology
  • Beaumont Machine
  • Seoul Precision Machine
  • Knuth
  • AccuteX
  • Yan Yang

Outline of Major Chapters:

  • Chapter 1: Introduces the definition of Electrical Discharge Machines (EDM), market overview.
  • Chapter 2: Global Electrical Discharge Machines (EDM) market size in revenue and volume.
  • Chapter 3: Detailed analysis of Electrical Discharge Machines (EDM) 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 Electrical Discharge Machines (EDM) 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 Electrical Discharge Machines (EDM) 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.