The Electrical Discharge Machine (EDM) Market is projected to witness significant growth from 2025 to 2030, driven by advancements in manufacturing technologies and increasing demand across various industries. EDM, a non-traditional machining process, is widely used for shaping hard metals and intricate geometries. The market is expected to grow at a CAGR of 5.8% during the forecast period, reaching a market size of $6.5 billion by 2030.
The global EDM market was valued at $4.8 billion in 2025 and is anticipated to expand at a steady pace. The market is segmented by product type, process, application, end-use, and region. Among product types, Wire Cutting EDM holds the largest market share at 45%, followed by Die Sinking EDM at 35%, and Small Hole EDM at 20%.
The market is highly competitive, with key players such as Mitsubishi Electric, Kent Industrial, ONA Electroerosion, GF Machining Solutions, Makino Milling Machine, AccuteX EDM, Falcon Engineering, KNUTH Machine Tools, Sodick, and CHMER EDM dominating the landscape. These companies collectively hold a market share of 65%.
The EDM market is segmented into Conventional EDM and CNC EDM. CNC EDM is expected to grow at a higher CAGR of 6.5% due to its automation capabilities and precision.
The market is segmented into OEMs and Aftermarket. OEMs hold a larger market share of 70%, while the aftermarket segment is expected to grow at a CAGR of 4.8%.
The EDM market is witnessing several trends, including the adoption of Industry 4.0 technologies, increasing demand for miniaturized components, and the integration of AI and IoT in EDM machines. Additionally, the shift towards sustainable manufacturing practices is driving the demand for energy-efficient EDM machines.
Recent developments in the EDM market include:
The EDM market is expected to witness steady growth across all segments. Key forecasts include:
The Electrical Discharge Machine (EDM) Market is poised for significant growth from 2025 to 2030, driven by technological advancements and increasing demand across various industries. Key players are focusing on innovation and strategic partnerships to maintain their market position. With the adoption of Industry 4.0 technologies and sustainable manufacturing practices, the EDM market is expected to witness robust growth in the coming years.
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