The Electrical Discharge Machine (EDM) Market size was valued at USD 6.4 Bn in 2023 and the total Electrical Discharge Machine (EDM) revenue is expected to grow at a CAGR of 5.90% from 2024 to 2030, reaching nearly USD 9.56 Bn.Global Electrical Discharge Machine (EDM) Market Introduction
Electrical discharge machining (EDM) is a powerful, nonconventional machining technique with the ability to machine any conductive material regardless of mechanical property. However, the sluggish nature of EDM stands out when the target is in mass production in industrial plants. Electrical Discharge Machine (EDM) is an important process during metal fabrication. The electric discharge machine is used for removing those materials which have high strength temperature resistance.To know about the Research Methodology :- Request Free Sample Report
Global Electrical Discharge Machine (EDM) Market Dynamics
The increasing production of light vehicles in various countries such as Japan will create demand for new machines and the replacement of existing machines into more energy-efficient EDM machines. Automation enables prioritization of the workflow and allows professionals to be more efficient and flexible in times of emergencies. Manufacturers are producing new products based on new industry evolution 4.0. The growing demand for automated machines in the industries is also increasing the demand for EDM machines. Further, the increase in technology like cloud computing, industrial internet of things, and others have a major contribution in driving the market of EDM. ise in production of light vehicles and increased demand mechanical engineering products and computerized numerical control (CNC) machines are some of the major factors which are projected to propel the demand for electrical discharge machines across the globe. Furthermore, rise in sales of electrical vehicles (EV) and integration of 3D printing technology with EDM is likely to augment the market expansion in the near future.Global Electrical Discharge Machine (EDM) Market Segment Analysis
Die sinking is done chiefly by automatic machines. The movement of the cutter against the die block is controlled by tracing a finger gauge the size and shape of the cutter in contact with a previously made model of soft metal, plaster of Paris, or wood. In the global Die Sinking EDM segment, the USA, Canada, Japan, China and Europe will drive the 5.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$XX Million in the year 2023 will reach a projected size of US$XX Million during the forecast period. China will remain among the fastest-growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.0 Billion by the year 2030, while Latin America will expand at a 7.2% CAGR.Global Electrical Discharge Machine (EDM) Market Regional Insights
The Electrical Discharge Machines (EDM) market in the U.S. was valued at US$ 2.87 Billion in the year 2023. The country currently accounts for a 27.04% share in the global market. China, the world second-largest economy, is forecast to reach an estimated market size of US$ 15.32 Billion in the year 2030 trailing a CAGR of 10.5% by 2026. 59% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for electrical discharge machine in APAC. Market growth in this region will be faster than the growth of the market in other regions. The increasing demand for EDM machines from various countries is one of the prime factors that will facilitate the electrical discharge machine market growth in APAC over the forecast period.Global Electrical Discharge Machine (EDM) Market Report Scope: Inquire before buying
Global Electrical Discharge Machine (EDM) Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 6.4 Bn. Forecast Period 2024 to 2030 CAGR: 5.90% Market Size in 2030: USD 9.56 Bn. Segments Covered: by Type Die Sinking EDM Wire Cutting EDM Small Hole EDM by Application Automotive Aerospace and Defense Manufacturing Healthcare Others Global Electrical Discharge Machine (EDM) Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Global Electrical Discharge Machine (EDM) Market, Key Players
1. Eaton and Enico 2. Abel Womack 3. 360Connect, LP. 4. DEWALT. 5. McGrath RentCorp. 6. Mobile Mini Inc. 7. Montel Inc. 8. Nadler Modular 9. Spacesaver Corporation 10. StoragePug 11. TAB 12. Templestock Limited 13. WillScot. 14. AAEDM Corp 15. Accutex Technologies 16. Beaumont MachineFrequently Asked Questions:
1. Which region has the largest share in Global market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of Global market? Ans: The Global market is growing at a CAGR of 5.90% during forecasting period 2024-2030. 3. What is scope of the Global market report? Ans: Global Electrical Discharge Machine (EDM) Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Electrical Discharge Machine (EDM) Market? Ans: The important key players in the Global Electrical Discharge Machine (EDM) Market are – Eaton and Enico, Abel Womack, 360Connect, LP., DEWALT., McGrath RentCorp., Mobile Mini Inc., Montel Inc., Nadler Modular, Spacesaver Corporation, StoragePug, TAB, Templestock Limited, WillScot., AAEDM Corp, Accutex Technologies, Beaumont Machine. 5. What is the study period of this Market? Ans: The Global Market is studied from 2023 to 2030.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Electrical Discharge Machine (EDM) Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2023 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Electrical Discharge Machine (EDM) Market 3.4. Geographical Snapshot of the Electrical Discharge Machine (EDM) Market, By Manufacturer share 4. Global Electrical Discharge Machine (EDM) Market Overview, 2023-2030 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Electrical Discharge Machine (EDM) Market 5. Supply Side and Demand Side Indicators 6. Global Electrical Discharge Machine (EDM) Market Analysis and Forecast, 2023-2030 6.1. Global Next Generation Photovoltaics Market Size & Y-o-Y Growth Analysis. 7. Global Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 7.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 7.1.1. Die Sinking EDM 7.1.2. Wire Cutting EDM 7.1.3. Small Hole EDM 7.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 7.2.1. Automotive 7.2.2. Aerospace and Defense 7.2.3. Manufacturing 7.2.4. Healthcare 7.2.5. Others 8. Global Electrical Discharge Machine (EDM) Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2023-2030 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 9.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 9.1.1. Die Sinking EDM 9.1.2. Wire Cutting EDM 9.1.3. Small Hole EDM 9.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 9.2.1. Automotive 9.2.2. Aerospace and Defense 9.2.3. Manufacturing 9.2.4. Healthcare 9.2.5. Others 10. North America Electrical Discharge Machine (EDM) Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 11.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 11.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 12. Canada Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 12.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 12.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 13. Mexico Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 13.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 13.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 14. Europe Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 14.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 14.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 15. Europe Electrical Discharge Machine (EDM) Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 16.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 16.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 17. France Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 17.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 17.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 18. Germany Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 18.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 18.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 19. Italy Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 19.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 19.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 20. Spain Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 20.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 20.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 21. Sweden Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 21.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 21.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 22. CIS Countries Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 22.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 22.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 23. Rest of Europe Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 23.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 23.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 24. Asia Pacific Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 24.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 24.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 25. Asia Pacific Electrical Discharge Machine (EDM) Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 26.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 26.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 27. India Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 27.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 27.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 28. Japan Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 28.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 28.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 29. South Korea Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 29.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 29.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 30. Australia Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 30.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 30.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 31. ASEAN Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 31.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 31.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 32. Rest of Asia Pacific Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 32.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 32.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 33. Middle East Africa Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 33.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 33.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 34. Middle East Africa Electrical Discharge Machine (EDM) Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 35.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 35.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 36. GCC Countries Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 36.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 36.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 37. Egypt Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 37.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 37.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 38. Nigeria Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 38.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 38.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 39. Rest of ME&A Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 39.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 39.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 40. South America Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 40.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 40.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 41. South America Electrical Discharge Machine (EDM) Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 42.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 42.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 43. Argentina Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 43.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 43.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 44. Rest of South America Electrical Discharge Machine (EDM) Market Analysis and Forecasts, 2023-2030 44.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 44.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Electrical Discharge Machine (EDM) Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Eaton and Enico 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Abel Womack 45.3.3. 360Connect, LP. 45.3.4. DEWALT. 45.3.5. McGrath RentCorp. 45.3.6. Mobile Mini Inc. 45.3.7. Montel Inc. 45.3.8. Nadler Modular 45.3.9. Space saver Corporation 45.3.10. Storage Pug 45.3.11. TAB 45.3.12. Templestock Limited 45.3.13. WillScot. 45.3.14. AAEDM Corp 45.3.15. Accutex Technologies 45.3.16. Beaumont Machine 45.3.17. Other Key Players
