Global EDM Cutting Wire Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global EDM Cutting Wire Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

EDM Cutting Wire refers to EDM Wire. There is a machining method that uses a high voltage electrical discharge phenomenon for cutting metal. Two types of tools utilize this method, the wire EDM machine and the die-sinking EDM machine. The term wire for EDM machine refers to the wire that is used to generate the electrical discharge in the wire EDM machine.

According to our (Global Info Research) latest study, the global EDM Cutting Wire market size was valued at US$ 996 million in 2023 and is forecast to a readjusted size of USD 1785 million by 2030 with a CAGR of 8.8% during review period.

Global EDM Cutting Wire key players include Powerway Group, Oki Electric Cable, OPECMADE Inc., THERMOCOMPACT, Hitachi Metals, etc. Global top five manufacturers hold a share about 43%. Europe is the largest market, with a share about 42%, followed by China and Japan, both have a share about 50% percent. In terms of product, No Coated Wire is the largest segment, with a share over 63%. And in terms of Application, the largest level is High Precision Mold, followed by CNC Tool, High-precision Medical Equipment, etc.

This report is a detailed and comprehensive analysis for global EDM Cutting Wire market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global EDM Cutting Wire market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (K US$/MT), 2019-2030

Global EDM Cutting Wire market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (K US$/MT), 2019-2030

Global EDM Cutting Wire market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (K US$/MT), 2019-2030

Global EDM Cutting Wire market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (K US$/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for EDM Cutting Wire

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global EDM Cutting Wire market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Powerway Group, Oki Electric Cable, OPECMADE Inc., THERMOCOMPACT, Hitachi Metals, Sumitomo (SEI) Steel Wire Corp., J.G. Dahmen & Co KG, Tamra Dhatu, Senor Metals, Yuang Hsian Metal Industrial, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

EDM Cutting Wire market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
No Coated Wire
Coated Wire
Hybrid Wire

Market segment by Application
High Precision Mold
CNC Tool
High-precision Medical Equipment
High Precision Reducer
Others

Major players covered
Powerway Group
Oki Electric Cable
OPECMADE Inc.
THERMOCOMPACT
Hitachi Metals
Sumitomo (SEI) Steel Wire Corp.
J.G. Dahmen & Co KG
Tamra Dhatu
Senor Metals
Yuang Hsian Metal Industrial
Heinrich Stamm GmbH
Ningbo De-Shin Industrial Co., Ltd
Novotec

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe EDM Cutting Wire product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of EDM Cutting Wire, with price, sales quantity, revenue, and global market share of EDM Cutting Wire from 2019 to 2024.

Chapter 3, the EDM Cutting Wire competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the EDM Cutting Wire breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and EDM Cutting Wire market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of EDM Cutting Wire.

Chapter 14 and 15, to describe EDM Cutting Wire sales channel, distributors, customers, research findings and conclusion.