EDM Wire Market Share, Trends, and Analysis by 2028
EDM Wire Market: Strategic Insights
EDM Wire Market
-
CAGR (2022 - 2028)7.6% -
Market Size 2022
US$ 1.5 Billion -
Market Size 2028
US$ 2.32 Billion
Market Dynamics
GROWTH DRIVERS
- Increase in demand for precision manufacturing
- Growth in electrical discharge machining applications
FUTURE TRENDS
- Advancements in EDM wire for precise cutting
- Growth in automotive and aerospace
OPPORTUNITIES
- Growth in industrial use of EDM wire
- Demand for precision engineering
Key Players
- Berkenhoff GmbH
- Hitachi Metals Ltd
- Sumitomo Electric Industries Ltd
- Novotec
- Opecmade Inc
- Oki Electric Cable Co Ltd
- Thermo Compact
- Yuang Hsian Metal Industrial Corporation
- Ningbo Kangqiang Micro Electronics Technology Co Ltd
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Wire Type
- Brass
- Zinc-Coated
- Non-Coated
Industry
- Aerospace
- Industrial & General Mechanics
- Automotive
- Healthcare
- Electronics