According to a new report published by Reports Monitor titled, “Electric Discharge Machine Market By Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Electric Discharge Machine Market is projected to grow rapidly from 2017 to 2025. Asia Pacific dominates the Electric Discharge Machine Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
A machining method is generally used for hard metals. Electric Discharge Machine (EDM) allows to work with metals for which traditional machining techniques are ineffective. EDM only works with the materials that are electrically conductive. It is possible to cut small odd-shaped angles, detailed contours or cavities in hardened steel as well as exotic metals like titanium, hastelloy, kovar, inconel, and carbide. EDM process is mostly used in tool and die industry for mold making purpose.
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The Global Electrical Discharge Machine market has also been observing the decrease in electrical discharge machine prices. However, attracting end users could pose a challenge to the growth of this market. The increasing production rate of light vehicles will propel the growth of the market. The major factor responsible for increasing number of production of light commercial vehicles is the growing demand from automobile sector, which further will boost the demand for electrical discharge machine (EDM).
On the basis of segmentation, the market is divided into 3 segments including by product type, by end-user type, and by region. According to the product type the market is bifurcated into different product such as wire EDM, SINKER EDM, small hole drill EDM, RAM EDM vs wire EDM, and other. . According to the end-user segment, the market is categorized into machine shop, aerospace & defense, medical, automotive, and others.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• Who are the major key players in global Electric Discharge Machine market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
The major companies profiled in the report include: AAEDM Corporation, AccuteX Technologies Co Ltd., Beaumont Machine, CHMER EDM, Excetek Technologies Co Ltd., GF Machining Solutions Management SA, Kent Industrial USA Inc., KNUTH Machine Tools, Makino Milling Machine Co Ltd., MC Machinery Systems Inc., ONA Electroerosion S.A, Sodick Inc., and others.
In-depth table of contents for this report @ https://goo.gl/446qGA
Electric Discharge Machine Market Table of Contents:
The study for Global Electric Discharge Machine Market will provide market size, estimates and forecast based on the following years:
Historic data: 2015
Base Year Estimate: 2016
Forecast: 2017 to 2025
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
1.1. Market Definition
1.2. Market Scope
2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016
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