Electric Discharge Machine (EDM) Market

Electric Discharge Machine (EDM) Market Size Survey Report – In a Glance

As per the survey report on global Electric discharge machine (EDM) market, the market is projected to foresee a CAGR of CAGR value 5.9% between 2024-2033, and further generate a market size of USD 10.2 billion revenue by the end of 2033. In the year 2024, the market size was valued at USD 4.8 billion revenue.

• The global Electric discharge machine (EDM) market is projected to grow on account of the growing manufacturing sector.
• In Japan, the Electric discharge machine (EDM) market growth can be attributed to the expanding automotive industry.
• KDMI analyst’s growth analysis foresees challenges posed by new technological alternatives to challenge the market growth.
• Asia-Pacific, having the highest market share in the Electric discharge machine (EDM) market, is projected to dominate the global market.

Electric Discharge Machine (EDM) Market Analysis

An electric discharge machine (EDM) is a tool that uses controlled and repeated electric sparks between an electrode and a metal piece to precisely cut metals, eroding material without direct contact. It is extensively used for accurate shaping, fine cutting, engraving, or producing intricate designs in tough metals. Sectors such as automotive, aviation, and healthcare use EDM to craft precise and high-quality metal components, establishing it as a vital part of today’s manufacturing processes. Driven by the increasing utilization of cutting-edge technologies, there is a rapid rise in the manufacturing industry. Among the developing manufacturing sectors, China excelled once more in 2024, with a quarterly factory growth of 1.3 per cent, representing an inter-annual increase of almost 5 per cent. However, this growing manufacturing sector demands for high precision machining solutions, accelerating the EDM market expansion on the global scale. Mitsubishi Electric Corporation (Japan), GF Management SA (Switzerland), AgieCharmilles (Switzerland), are some of the significant parties in the global market for Electric discharge machine (EDM).

Analyst’s Observation on Japan Electric Discharge Machine (EDM) Market Survey

As one of the leading and largest industries worldwide, Japan is seen as a global economic giant. The market growth for Electric discharge machine (EDM) in the country can be credited chiefly to the expanding automotive industry. Moreover, its auto manufacturing sector is highly innovative and since the 1970s, the nation has witnessed rapid growth in production to meet both national demand and international markets. As per recent reports, in the global automotive market, after China, India, and the United States, Japan comes in the fourth position constituting a 2.9 percent portion of the nation’s GDP and 13.9 percent of the manufacturing GDP. Therefore, due to the flourishing automotive sector, the need for accurate and high-precision parts is also rising, eventually stimulating the EDM market in the region. Makino (Japan), Sodick Co., Ltd. (Japan), FANUC CORPORATION (Japan), are some of the significant parties in the market for Electric discharge machine (EDM) in Japan.

Electric Discharge Machine (EDM) Market Growth Drivers and Challenges

Growth Drivers

Increasing industrial automation:

In the current world, industrial automation including robotics, artificial intelligence (AI), sensors, and factory automation systems is booming, which, in turn, revolutionizes the manufacturing sector by incorporating high-tech solutions. The IFR (International Federation of Robotics) foresees a continuous 4% CAGR, leading to an anticipated number of robot installations of 601,600 units by 2027. This growth stems from the necessity of higher efficiency and better accuracy in various industries such as automotive, electronics, aerospace, and healthcare. Also, automation increases output, lowers defects, and ensures a safer workplace. Hence, the rise in industrial automation is creating the demand for electric discharge machine (EDM), further driving the global EDM market.

Growing demand for complex and miniaturized components:

Owing to the progress in aviation, electronics, and healthcare technology, the call for complex, miniaturized, and compact components is also rising rapidly. Moreover, electric discharge machine (EDM) act as a powerful aid in the manufacturing of machine parts or other components in industries due to their ability to produce fine details, complex shapes, and tight tolerances. The miniaturization of devices is continuously growing across various sectors. For instance, the miniaturization of medical technology and devices for tracking physiological parameters for diagnostic insights, therapy and monitoring to strengthen societal well-being is paving the way for new progress in the field of medicine. Therefore, the surge in demand for miniaturization of components in recent times is propelling the expansion of the electric discharge machine (EDM) market across the world.

Restraints

Challenges posed by new technological alternatives:

In the global market, multiple technological options such as laser-cutting, water jet cutting, and CNC milling are present, other than electric discharge machines (EDM). The cutting-edge innovations in advanced machining and 3-D printing technologies are making the alternative options more appealing to the consumer, hence limiting the progression of EDM market worldwide.

Demand for significant initial spending:

The electric discharge machine (EDM) demands substantial upfront costs, driven by its sophistication and the high price of advanced equipment, accurate electrodes, and specific dielectric fluids. Apart from this, servicing, electrode degradation, and power consumption also contribute to overall expenditures, further restricting the market. Furthermore, the small and medium-sized enterprises (SMEs) or businesses could be a potential barrier, obstructing the overall EDM market growth.

Electric Discharge Machine (EDM) Market Segmentation

Our experts at KD Market Insights have segmented the global Electric discharge machine (EDM) market research report as:

Electric Discharge Machine (EDM) Market Regional Synopsis

The Asia-Pacific region dominates the electric discharge machine (EDM) market. The leadership is powered by innovation breakthroughs and fast-paced industrial expansion, particularly in countries such as India, Australia, Japan and China. China is in a phase of major development. Studies show that China leads the world in innovation in several key areas such as robotics, artificial intelligence (AI), and quantum. Although the country has not achieved full leadership, its businesses are rapidly improving which is boosting their innovative capacities. Besides, increasing automation in industries, growing automotive sector, and surging aerospace research are further propelling the EDM market in the region.

North America is a major key player in the international market which is experiencing a rapid growth at the same time. In the region, the machine tools sector is playing a dominant force. Moreover, the United States is paving the path due to its heavy focus on modern technologies, heightened investments on research and development, and increasing adoption of automation in manufacturing industries, which is ultimately fueling the EDM market in the region.

On the other hand, Europe is set to see financial expansion because of the growing demand from the electric vehicle industry and space exploration studies. In the Middle East and Africa, factors like increased acceptance of robots and escalating infrastructure are pushing the market forward. South America is largely reliant on renewable energy sources and the rising expenditures on power and food processing sectors will further drive the EDM market in the region.

As per our analysts at KD Market Insights, the following five players lead the Asia-Pacific Electric discharge machine (EDM) market growth:

• Mitsubishi Electric Corporation (Japan)
• Makino (Japan)
• Sodick Co., Ltd. (Japan)
• FANUC CORPORATION (Japan)
• Kent Industrial Co., Ltd. (Taiwan)

Electric Discharge Machine (EDM) Market Competitive Landscape

Some of the key players who top the global Electric discharge machine (EDM) market share:

• Mitsubishi Electric Corporation (Japan)
• Makino (Japan)
• Sodick Co., Ltd. (Japan)
• FANUC CORPORATION (Japan)
• GF Management SA (Switzerland)
• CHMER EDM (Taiwan)
• Seibu Electric & Machinery Co. (Japan)
• AgieCharmilles (Switzerland)
• ONA Electroerosión S.A. (Spain)
• Japan PROCESS DEVELOPMENT CO., LTD. (Japan)
• Brother Industries, Ltd. (Japan)
• Kent Industrial Co., Ltd. (Taiwan)
• Others

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Electric Discharge Machine (EDM) Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Service
      2. By Type
      3. By Application
      4. By End-user
      5. By Region
5. Market Segmentation by Service
   1. 1. Personalized Service
      2. Managed Service
      3. Others
6. Market Segmentation by Type
   1. 1. Die Sinking Electrical Discharge Machine
      2. Wire Cutting Electrical Discharge Machine
      3. Small Hole Electrical Discharge Machine
7. Market Segmentation by Application
   1. 1. Security
      2. Containers
      3. Portable Classrooms
      4. Others
8. Market Segmentation by End-user
   1. 1. Automotive
      2. Aerospace and Defense
      3. Manufacturing
      4. Healthcare
      5. Others
9. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
         4. South Korea
         5. Market Size and Forecast
         6. Key Trends and Developments
         7. Market Analysis by Service, Type, Application and End-user
      5. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Service, Type, Application and End-user
10. Competitive Landscape
    1. Market Share Analysis
    2. Company Profiles
       1. Mitsubishi Electric Corporation (Japan)
       2. Makino (Japan)
       3. Sodick Co., Ltd. (Japan)
       4. FANUC CORPORATION (Japan)
       5. GF Management SA (Switzerland)
       6. CHMER EDM (Taiwan)
       7. Seibu Electric & Machinery Co. (Japan)
       8. AgieCharmilles (Switzerland)
       9. ONA Electroerosión S.A. (Spain)
       10. Japan PROCESS DEVELOPMENT CO., LTD. (Japan)
       11. Others
11. Strategic Recommendations
12. Appendix
    1. List of Tables
    2. List of Figures
13. References