The worldwide EDM wire (consumable) market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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).
s the report focuses on global EDM wire (consumable) market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In market segmentation by manufacturers, the report covers the following companies-
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
In market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types covers:
No Coated Wire
Coated Wire
Hybrid Wire
In market segmentation by applications :
Aerospace
Mechanic
Die & Mold
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the EDM wire (consumable) market for the forecast period 2020 - 2025?
• What are the driving forces in the EDM wire (consumable) market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the EDM wire (consumable) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?