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Electrical Discharge Machining Services Market, Global Outlook and Forecast 2023-2029

Electrical Discharge Machining Services Market, Global Outlook and Forecast 2023-2029

  • Published on : 07 July 2023
  • Pages :63
  • Report Code:SMR-7750318

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Report overview

This report focus on Electrical Discharge Machining Services market. 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 Machining Services, 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 Machining Services. This report contains market size and forecasts of Electrical Discharge Machining Services in global, including the following market information:
Global Electrical Discharge Machining Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Electrical Discharge Machining Services market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The EDM process is most widely used by the mold-making tool and die industries, but is increasingly applied to make prototype and production parts, especially in the aerospace and electronics industries in which production requirements are relatively low. EDM is particularly well suited for parts which are made from materials that are difficult to machine and/or contain small or odd-shaped angles, intricate cavities or intricate contours.
We surveyed the Electrical Discharge Machining Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electrical Discharge Machining Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Electrical Discharge Machining Services Market Segment Percentages, by Type, 2022 (%)
Sinker EDM
Wire EDM
Hole Drilling EDM
Global Electrical Discharge Machining Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Electrical Discharge Machining Services Market Segment Percentages, by Application, 2022 (%)
Prototype Production
Coinage Die Making
Small Hole Drilling
Metal Disintegration Machining
Closed Loop Manufacturing
Others
Global Electrical Discharge Machining Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Electrical Discharge Machining Services 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 Machining Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Electrical Discharge Machining Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
KLH Industries, Inc
Xact Wire EDM Corporation
Apollo
Owens Industries
Astro Machine Works
Precision Machining Services
Precision Metal Machining, Inc
H&W Tool Company
EMF, Inc
Aerospace Alloys, Inc
Arbiser Machine Inc
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electrical Discharge Machining Services, market overview.
Chapter 2: Global Electrical Discharge Machining Services market size in revenue.
Chapter 3: Detailed analysis of Electrical Discharge Machining Services company competitive landscape, revenue and 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 Machining Services 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: The main points and conclusions of the report.