PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1698388
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1698388
The electrical discharge machines (EDM) market will expand at a CAGR of 4.91% to reach US$9.42 billion by 2030 from US$7.41 billion in 2025.
Electrical discharge machining is a non-traditional precision machining process, whereby a typically conductive material workpiece has features created by the controlled erosion of material using electrical discharges (sparks). EDM plays an important role in manufacturing processes for a broad range of industries such as electronics, medical, and aerospace manufacturing, and is also essential for manufacturing precision military parts. Burgeoning demand for precision machine parts in several industries such as automotive and healthcare, among others, is a key driving factor boosting the demand for electrical discharge machines during the forecast period. The market is expected to grow at a steady pace owing to the increasing usage of EDMs in medical manufacturing and power generation as they provide superior accuracy and precision.
Market Trends
The manufacturing industry is evolving rapidly due to stricter quality requirements and updates in industry standards. This has led companies to adopt electric discharge machines (EDMs) for tasks like wire cutting and fabricating high-precision gears, components, and machine elements with exceptional accuracy. This trend is a key driver of market growth during the forecast period. Additionally, the widening skill gap among workers is pushing the need for advanced technical knowledge and the use of high-quality, durable materials to meet industry standards. This factor is further boosting the demand for EDMs, contributing to market expansion.
Geographically, the electrical discharge machine (EDM) market is divided into North America, South America, Europe, the Middle East and Africa, and Asia-Pacific. North America and Europe currently dominate the global EDM market. Europe's strong position is attributed to the growth of key end-use industries like aerospace and automotive, which have boosted the tool-making sector. According to the International Special Tooling and Machining Association (ISTMA), the tool and mold-making industry in Europe is experiencing positive sales and export trends, with countries like Portugal investing heavily in new technologies to offer flexible solutions to clients. Meanwhile, the Asia Pacific region is expected to witness the fastest growth, driven by an expanding manufacturing base and the increasing adoption of automation in countries such as India, China, and Australia.
Some of the major players covered in this report include Aaedm Corporation, Adron Edm Specialists, Accutex Technologies Co., Ltd., Excetek Technologies Co., Ltd, GF Machining Solutions Management Sa, Mitsubishi Electric Corporation, Oscarmax, Kent Industrial Usa, Inc, Sodick Co., Ltd. among others.
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The study also analyzed the Electrical Discharge Machines (EDM) Market into the following regions, with country-level forecasts and analysis as below: