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.
Electrical Discharge Machines Market contains market size and forecasts of Electrical Discharge Machines (EDM) in global, including the following market information:
- Global Electrical Discharge Machines (EDM) Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Electrical Discharge Machines (EDM) Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Electrical Discharge Machines (EDM) companies in 2021 (%)
The global Electrical Discharge Machines (EDM) market was valued at 2403.6 million in 2021 and is projected to reach US$ 3737 million by 2028, at a CAGR of 6.5% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Wire Cutting Machine Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electrical Discharge Machines (EDM) include Mitsubishi Electric, Sodick, GF Machining, Makino, FANUC, Seibu, CHMER EDM, ONA Electroerosion and OPS Ingesoll, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has 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, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Electrical Discharge Machines (EDM) Market Segment Percentages, by Type, 2021 (%)
- Wire Cutting Machine
- Die Sinking EDM
- Hole Drilling EDM
Global Electrical Discharge Machines (EDM) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Electrical Discharge Machines (EDM) Market Segment Percentages, by Application, 2021 (%)
- Automotive and Production Machinery
- Military and Aerospace
- Electronics
- Medical Device
- Others
Global Electrical Discharge Machines (EDM) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Electrical Discharge Machines (EDM) Market Segment Percentages, By Region and Country, 2021 (%)
- 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, 2017-2022 (Estimated), ($ millions)
- Key companies Electrical Discharge Machines (EDM) revenues share in global market, 2021 (%)
- Key companies Electrical Discharge Machines (EDM) sales in global market, 2017-2022 (Estimated), (Units)
- Key companies Electrical Discharge Machines (EDM) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, 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
- MC Machinery Systems