Los Angeles, CA -- (SBWIRE) -- 04/12/2019 -- The term wire for EDM machine refers to the wire that is used to generate the electrical discharge in the wire EDM machine.
WEDM main application areas are mold and aerospace manufacturing. In 2018, these two sector hold a market share of 46.41%.
From the view of region, Asia-Pacific have a larger market share in 2018 which account for 37.16% and will witness a stable growth in following years. Europe hold a market share of 26.58% will still play an important role which cannot be ignored. Any changes from North America, which share a 22.17% market share in 2018, might affect the development trend of EDM wire (consumable).
The global EDM wire (consumable) market was 620 million US$ in 2018 and is expected to 1180 million US$ by the end of 2025, growing at a CAGR of 9.7% between 2019 and 2025.
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This report studies the EDM wire (consumable) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of EDM wire (consumable) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market 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
Heinrich Stamm GmbH
Ningbo De-Shin Industrial
Novotec
By the product type, the market is primarily split into
No Coated Wire
Coated Wire
Hybrid Wire
By the end users/application, this report covers the following segments
Aerospace
Mechanic
Die & Mold
Others
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