Electric spark wire cutting machine belongs to the category of electric machining. Its basic working principle is to use continuous moving thin metal wires (called electrode wires) as electrodes to perform pulse spark discharge on the workpiece to remove metal and cut and shape. EDM technology is a kind of special processing. It is different from traditional processing technology that requires mechanical force and mechanical energy to cut off. It mainly uses electric energy to realize the processing of materials. Therefore, EDM technology is not limited by material properties, and can process any hardness, strength, and brittle materials, which plays an important role in the current stage of machining.
This report contains market size and forecasts of Wire Electrical Discharge Machining in global, including the following market information:
Global Wire Electrical Discharge Machining Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Wire Electrical Discharge Machining Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Wire Electrical Discharge Machining companies in 2021 (%)
The global Wire Electrical Discharge Machining market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Reciprocating Type High Speed Wire Cut Electrical Discharge Machining Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Wire Electrical Discharge Machining include Mitsubishi Electric, GF Machining Solutions, Makino, Phillips Corporation, Sodick, AA EDM Corporation, Kent Industrial and Iverson & Co, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Wire Electrical Discharge Machining 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 Wire Electrical Discharge Machining Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Wire Electrical Discharge Machining Market Segment Percentages, by Type, 2021 (%)
Reciprocating Type High Speed Wire Cut Electrical Discharge Machining
Low Speed One-way Walk Wire Cut Electrical Discharge Machining
Global Wire Electrical Discharge Machining Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Wire Electrical Discharge Machining Market Segment Percentages, by Application, 2021 (%)
Electronics Industry
Medical Industry
Aerospace Industry
Global Wire Electrical Discharge Machining Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Wire Electrical Discharge Machining 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 Wire Electrical Discharge Machining revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Wire Electrical Discharge Machining revenues share in global market, 2021 (%)
Key companies Wire Electrical Discharge Machining sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Wire Electrical Discharge Machining sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mitsubishi Electric
GF Machining Solutions
Makino
Phillips Corporation
Sodick
AA EDM Corporation
Kent Industrial
Iverson & Co