Market Overview:
The Global Industrial EDM Machines Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for industrial EDM machines in medical, aerospace component, automobile and other applications. Additionally, the growing demand for high-precision machining across various industries is also propelling the growth of the global industrial EDM machines market. However, factors such as high initial investment and maintenance cost may restrain the market growth in some regions.
Product Definition:
Industrial EDM Machines are used to cut or machine metals and other materials. They are often used in the aerospace, automotive, and medical industries.
Sinker EDM:
Sinker EDM is an advanced form of Electro-Discharge Machining (EDM), which uses electrical energy to abrade or cut material instead of a traditional electric current used in abrasive wheels. The process can be used for cutting, drilling, grinding and polishing materials such as metals & non-metallic alloys, ceramics and glass.
Wire EDM:
Wire EDM is a process of making electrical conductors by means of extrusion using special materials like copper, aluminum and others. The machine used in this process is known as wire EDM machine. It works on the basis that feedstock or work piece is passed through an electric current which makes it melt and form a molten pool which after cooling forms the conductor. This method has certain advantages over other processes like laser cutting, drilling etc.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. The growth can be attributed to increasing demand for lightweight and high-performance materials, coupled with stringent environmental regulations regarding CO2 emission. In addition, rising demand from the global automobile industry is expected to have a positive impact on market growth over the forecast period.
The medical sector is anticipated to witness significant growth owing to an increase in number of surgeries and other medical procedures across various parts of the world. Rising geriatric population along with increasing cases of cancer are expected to drive this sector further which will eventually benefit market growth over the forecast period. In addition, these machines help reduce human efforts during surgery as they cut down on hand movements significantly reducing chances of making any mistake during surgery resulting in better patient outcomes at reduced costs ultimately benefitting overall industry development trend.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest automotive, component and medical industries. Growing demand for consumer electronics in countries such as China, India, Japan and South Korea has also led to an increase in demand for EDM machines used for metal cutting operations across various applications.
The aerospace industry is one of the most lucrative sectors that have been driving growth across all regions with a significant rise being observed during recent years due to increasing military expenditure by governments around the world including those of U.S.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Growing demand for high precision and accuracy in machining processes
- Rising need for automation in manufacturing industries
- Proliferation of 3D printing technology
- Growing popularity of Industry 4.0
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial EDM Machines Market Research Report
By Type
Sinker EDM, Wire EDM
By Application
Medical, Aerospace Component, Automobile, Others
By Companies
AA EDM, AccuteX EDM, Beaumont Machine, CHMER EDM, Chevalier Machinery, Excetek Technology, GF Machining Solutions, Kent Industrial USA, Knuth Machine Tools USA, Makino Milling Machine, AA EDM, ONA ELECTROEROSION, Sodick, Mitsubishi Electric
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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Industrial EDM Machines Market Report Segments:
The global Industrial EDM Machines market is segmented on the basis of:
Types
Sinker EDM, Wire 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
Medical, Aerospace Component, Automobile, 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:
- AA EDM
- AccuteX EDM
- Beaumont Machine
- CHMER EDM
- Chevalier Machinery
- Excetek Technology
- GF Machining Solutions
- Kent Industrial USA
- Knuth Machine Tools USA
- Makino Milling Machine
- AA EDM
- ONA ELECTROEROSION
- Sodick
- Mitsubishi Electric
Highlights of The Industrial EDM Machines 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
- By Application:
- Medical
- Aerospace Component
- Automobile
- 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 Industrial EDM Machines 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
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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?
Industrial EDM Machines are used in industrial settings to cut, shape, and weld metal. They can also be used for other tasks such as drilling and cutting.
Some of the major companies in the industrial edm machines market are AA EDM, AccuteX EDM, Beaumont Machine, CHMER EDM, Chevalier Machinery, Excetek Technology, GF Machining Solutions, Kent Industrial USA, Knuth Machine Tools USA, Makino Milling Machine, AA EDM, ONA ELECTROEROSION, Sodick, Mitsubishi Electric.
The industrial edm machines market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial EDM Machines Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Industrial EDM Machines Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Industrial EDM Machines Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Industrial EDM Machines Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Industrial EDM Machines Market Size & Forecast, 2018-2028 4.5.1 Industrial EDM Machines Market Size and Y-o-Y Growth 4.5.2 Industrial EDM Machines Market Absolute $ Opportunity
Chapter 5 Global Industrial EDM Machines Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial EDM Machines Market Size Forecast by Type
5.2.1 Sinker EDM
5.2.2 Wire EDM
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial EDM Machines Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial EDM Machines Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Aerospace Component
6.2.3 Automobile
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial EDM Machines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial EDM Machines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial EDM Machines Analysis and Forecast
9.1 Introduction
9.2 North America Industrial EDM Machines Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial EDM Machines Market Size Forecast by Type
9.6.1 Sinker EDM
9.6.2 Wire EDM
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial EDM Machines Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Aerospace Component
9.10.3 Automobile
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial EDM Machines Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial EDM Machines Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial EDM Machines Market Size Forecast by Type
10.6.1 Sinker EDM
10.6.2 Wire EDM
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial EDM Machines Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Aerospace Component
10.10.3 Automobile
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial EDM Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial EDM Machines Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial EDM Machines Market Size Forecast by Type
11.6.1 Sinker EDM
11.6.2 Wire EDM
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial EDM Machines Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Aerospace Component
11.10.3 Automobile
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial EDM Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial EDM Machines Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial EDM Machines Market Size Forecast by Type
12.6.1 Sinker EDM
12.6.2 Wire EDM
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial EDM Machines Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Aerospace Component
12.10.3 Automobile
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial EDM Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial EDM Machines Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial EDM Machines Market Size Forecast by Type
13.6.1 Sinker EDM
13.6.2 Wire EDM
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial EDM Machines Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Aerospace Component
13.10.3 Automobile
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial EDM Machines Market: Competitive Dashboard
14.2 Global Industrial EDM Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AA EDM
14.3.2 AccuteX EDM
14.3.3 Beaumont Machine
14.3.4 CHMER EDM
14.3.5 Chevalier Machinery
14.3.6 Excetek Technology
14.3.7 GF Machining Solutions
14.3.8 Kent Industrial USA
14.3.9 Knuth Machine Tools USA
14.3.10 Makino Milling Machine
14.3.11 AA EDM
14.3.12 ONA ELECTROEROSION
14.3.13 Sodick
14.3.14 Mitsubishi Electric