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Global Electrical Discharge Machine Market to Grow at a CAGR of 8% During the Period 2017-2021; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Electrical Discharge Machine Market 2017 - 2021” research report to their website


Lewes, DE -- (SBWIRE) -- 04/19/2017 -- Report forecast the global electrical discharge machine market to grow at a CAGR of 8% during the period 2017-2021.

Electrical discharge machines (EDMs) are used in the manufacturing process to obtain a desired shape by removing material from a workpiece. During this process, a rapidly recurring current is discharged between two electrodes, which cuts the material into the desired shape and the residual material is separated by a dielectric liquid.

The report covers the present scenario and the growth prospects of the global electrical discharge machine market for 2017-2021. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top vendors in the market.

The market is divided into the following segments based on geography:
- Americas
- Europe

According to the report, one driver in market is rise in production of light vehicles. Japan's automobile sector majorly exports to European and American countries. Japan's automobile sector consists some of the most innovative and technologically advanced products. But these advantages will not be sufficient to win in the new competition from European automobile manufacturers. The factors that are going to affect the Japanese automobile sector is high domestic cost, strengthening of the Japanese currency yen, and the need to be near to local market will be a risky change in manufacturing and sourcing processes and policies. The growth of production of light vehicles will create demand for new and replacement of machines into more energy-efficient EDM machine.

Further, the report states that one challenge in market is slowdown in Chinese economy. The recent slowdown that the Chinese economy has been experiencing will have an adverse effect on the EDM market. The Chinese GDP grew at only 7.4% in 2014, which is the slowest recorded since 1990 and has further declined in 2016. The slowdown is mainly attributed to the sluggish performance of the country's real estate sector, together with the huge manufacturing overcapacity. Another important sector of the Chinese economy that is adversely affected is the manufacturing sector, where the primary problem is that of excess production capacity. Presently, the operational capacity of state-owned firms is roughly 65% of their overall capacity, but growth in demand for products to absorb the extra capacity would ameliorate the situation. However, in January 2015, the manufacturing purchasing managers' index (PMI) for China has fallen below 50, indicating decreasing manufacturing output.

Global Electrical Discharge Machine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global electrical discharge machine market: GF Machining solution, Makino Milling Machine Co. Ltd, and Mitsubishi Electric.

Other Prominent Vendors in the market are: AA EDM, Absolute Machine Tools, Alta Enterprises, AME, ANSTAR, Beaumont Machine, Belmont Equipment & Technologies, Chevalier Machinery, CHMER EDM, Concept Machine Tool Sales, Current EDM, Global Specialty Machines, Iverson & Co., Jet Edge, Kent Industrial (USA), MARTECH Machinery & Automation, Methods Machine Tools, Moncktons Machine Tools, ONA ElectroerosiĆ³n, Phillips, Premier Tooling Systems, Ross Machinery Sales, Smith Machinery, Sodick, Sodick-West Coast Technical Center, and UNITED GRINDING North America.

Market driver
- Increased demand for superior-quality products and CNC machines
- For a full, detailed list, view our report

Market challenge
- Lack of skilled labor and awareness among end-users
- For a full, detailed list, view our report

Market trend
- Integration of 3D printing technology with EDM
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 70 pages and 41 Exhibits "Global Electrical Discharge Machine Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by end-user, Geographical segmentation, Market drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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