Market Overview:
The Global Electrical Discharge Machine Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for electrical discharge machines in the aerospace, production machinery, die & mold and other applications. Asia Pacific is expected to be the fastest growing region during the forecast period owing to the increasing demand from countries such as China and Japan.
Product Definition:
An Electrical Discharge Machine is a device that is used to create an electrical discharge. This discharge can be used to cut or shape materials. The machine works by creating an electrical arc between two electrodes.
Sinker EDM:
Sinker EDM is an electrical discharge machining process used to cut or shape a wide range of materials such as metals, alloys, ceramics and composites. The machine consists of two electrodes (anode and cathode) which are mounted on movable stages that can be moved into or out of the material to be discharged. The high-frequency current passed between these electrodes generates a plasma in the gas phase within the discharge chamber resulting in cutting or shaping the material.
Wire EDM:
Wire EDM is a process of making electrical discharge machine parts by using special wire which has high electrical resistance.
It can be used to make spark plugs, switches, fuses, circuit boards and other electronic components.
Application Insights:
The production machinery segment dominated the global electrical discharge machine market in 2017 and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for metal cutting machines from various industries including automotive, construction, and manufacturing.
Aerospace was the second-largest application segment in 2017 owing to rising demand for advanced technology products from major aerospace manufacturers such as Airbus SE and Boeing Co., Ltd. Major players are investing significantly in R&D activities related to electric machines that can cut metal up to very thin sheets with high precision and accuracy which is expected fuel product demand over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing demand for electrical discharge machines in various applications. The region comprises major manufacturing hubs, such as China, Japan, South Korea, Taiwan and India. Increasing production activities in these countries are driving the product demand; thus positively influencing the overall market growth over the forecast period.
The Asia Pacific was followed by Europe that accounted for around 25% of total industry share in 2017 due to high demand from several industries including aerospace & defense (AD), automotive (AM), electronics & telecommunication (ET).
Growth Factors:
- Increasing demand for electrical discharge machines from the automotive and aerospace industries due to the growing need for high-precision machining.
- Rising demand for electrical discharge machines from small and medium-sized enterprises (SMEs) due to the increasing popularity of dielectric erosion machining as a cost-effective alternative to traditional machining processes.
- Growing investments in research and development by leading players in the electrical discharge machine market to develop new products that can address specific needs of different end-user industries.
- Emergence of new applications of electrical discharge machines in areas such as medical implants, microelectronics, and optical components manufacturing, which is expected to create new growth opportunities for market players.
- Increasing adoption of electricdischarge machine technology by Original Equipment Manufacturers (OEMs) as a preferred choice for precision parts manufacturing across different industrial sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Discharge Machine Market Research Report
By Type
Sinker EDM, Wire EDM, Fast Hole Drilling EDM
By Application
Aerospace, Production Machinery, Die & Mold, Others
By Companies
Mitsubishi Electric, Sodick, GF Machining, Makino, CHMER EDM, ONA Electroerosion, Methods Machine Tools, Seoul Precision Machine, Exeron, Shanghai Esuntek Machinery, Excetek Technology, AA EDM, MC Machinery Systems, Beaumont Machine, Knuth
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Discharge Machine Market Report Segments:
The global Electrical Discharge Machine market is segmented on the basis of:
Types
Sinker EDM, Wire EDM, Fast Hole Drilling EDM
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Production Machinery, Die & Mold, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsubishi Electric
- Sodick
- GF Machining
- Makino
- CHMER EDM
- ONA Electroerosion
- Methods Machine Tools
- Seoul Precision Machine
- Exeron
- Shanghai Esuntek Machinery
- Excetek Technology
- AA EDM
- MC Machinery Systems
- Beaumont Machine
- Knuth
Highlights of The Electrical Discharge Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sinker EDM
- Wire EDM
- Fast Hole Drilling EDM
- By Application:
- Aerospace
- Production Machinery
- Die & Mold
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrical Discharge Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electrical discharge machine is a device that uses an electric current to produce sparks, which are then used to create heat. This type of machine is often used in industrial settings to weld or cut metal.
Some of the major players in the electrical discharge machine market are Mitsubishi Electric, Sodick, GF Machining, Makino, CHMER EDM, ONA Electroerosion, Methods Machine Tools, Seoul Precision Machine, Exeron, Shanghai Esuntek Machinery, Excetek Technology, AA EDM, MC Machinery Systems, Beaumont Machine, Knuth.
The electrical discharge machine market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrical Discharge Machine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electrical Discharge Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrical Discharge Machine Market - Supply Chain
4.5. Global Electrical Discharge Machine Market Forecast
4.5.1. Electrical Discharge Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrical Discharge Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrical Discharge Machine Market Absolute $ Opportunity
5. Global Electrical Discharge Machine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electrical Discharge Machine Market Size and Volume Forecast by Type
5.3.1. Sinker EDM
5.3.2. Wire EDM
5.3.3. Fast Hole Drilling EDM
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrical Discharge Machine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electrical Discharge Machine Market Size and Volume Forecast by Application
6.3.1. Aerospace
6.3.2. Production Machinery
6.3.3. Die & Mold
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrical Discharge Machine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electrical Discharge Machine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electrical Discharge Machine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electrical Discharge Machine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electrical Discharge Machine Demand Share Forecast, 2019-2026
9. North America Electrical Discharge Machine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electrical Discharge Machine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electrical Discharge Machine Market Size and Volume Forecast by Application
9.4.1. Aerospace
9.4.2. Production Machinery
9.4.3. Die & Mold
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrical Discharge Machine Market Size and Volume Forecast by Type
9.7.1. Sinker EDM
9.7.2. Wire EDM
9.7.3. Fast Hole Drilling EDM
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electrical Discharge Machine Demand Share Forecast, 2019-2026
10. Latin America Electrical Discharge Machine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electrical Discharge Machine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electrical Discharge Machine Market Size and Volume Forecast by Application
10.4.1. Aerospace
10.4.2. Production Machinery
10.4.3. Die & Mold
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrical Discharge Machine Market Size and Volume Forecast by Type
10.7.1. Sinker EDM
10.7.2. Wire EDM
10.7.3. Fast Hole Drilling EDM
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electrical Discharge Machine Demand Share Forecast, 2019-2026
11. Europe Electrical Discharge Machine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electrical Discharge Machine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electrical Discharge Machine Market Size and Volume Forecast by Application
11.4.1. Aerospace
11.4.2. Production Machinery
11.4.3. Die & Mold
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrical Discharge Machine Market Size and Volume Forecast by Type
11.7.1. Sinker EDM
11.7.2. Wire EDM
11.7.3. Fast Hole Drilling EDM
11.8. asis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electrical Discharge Machine Demand Share, 2019-2026
12. Asia Pacific Electrical Discharge Machine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electrical Discharge Machine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electrical Discharge Machine Market Size and Volume Forecast by Application
12.4.1. Aerospace
12.4.2. Production Machinery
12.4.3. Die & Mold
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrical Discharge Machine Market Size and Volume Forecast by Type
12.7.1. Sinker EDM
12.7.2. Wire EDM
12.7.3. Fast Hole Drilling EDM
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electrical Discharge Machine Demand Share, 2019-2026
13. Middle East & Africa Electrical Discharge Machine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electrical Discharge Machine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electrical Discharge Machine Market Size and Volume Forecast by Application
13.4.1. Aerospace
13.4.2. Production Machinery
13.4.3. Die & Mold
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrical Discharge Machine Market Size and Volume Forecast by Type
13.7.1. Sinker EDM
13.7.2. Wire EDM
13.7.3. Fast Hole Drilling EDM
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electrical Discharge Machine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrical Discharge Machine Market: Market Share Analysis
14.2. Electrical Discharge Machine Distributors and Customers
14.3. Electrical Discharge Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mitsubishi Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sodick
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GF Machining
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Makino
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CHMER EDM
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ONA Electroerosion
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Methods Machine Tools
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Seoul Precision Machine
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Exeron
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shanghai Esuntek Machinery
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Excetek Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. AA EDM
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. MC Machinery Systems
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Beaumont Machine
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Knuth
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
