市場調査レポート
商品コード
1186675
EDMワイヤ市場:現状分析および予測(2022年~2028年)EDM Wire Market: Current Analysis and Forecast (2022-2028) |
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EDMワイヤ市場:現状分析および予測(2022年~2028年) |
出版日: 2022年12月01日
発行: UnivDatos Market Insights Pvt Ltd
ページ情報: 英文 148 Pages
納期: 即日から翌営業日
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EDMワイヤの市場規模は、押出金型やブランキングパンチなど、安全性の高い金型や製造工程の需要が増加していることから、7%程度のCAGRで拡大すると予測されています。さらに、高精度、高品質仕上げ、コスト効率、時間効率など、放電加工ワイヤーが提供する独自の利点が、市場の成長に大きく貢献しています。
当レポートは、世界のEDMワイヤ市場について調査し、市場の概要とともに、ワイヤタイプ別、用途別、地域別の動向、および市場に参入する企業のプロファイルなどを提供しています。
The EDM Wire Market is expected to grow at a strong CAGR of around 7% owing to increasing demand for mold and manufacturing processes with a high degree of security and safety specifically for extrusion dies and blanking punches. Moreover, the unique advantages offered by the EDM wire such as high precision, high-quality finishes, cost-effectiveness, time-efficiency, and others are substantially contributing to the market growth. In addition, the high growth of the automotive, electronics industries, and aerospace is also influencing the growth of the market. For instance, according to the Aerospace Industries Association, in 2021, the aerospace and defense industry generated USD 391 Bn in economic value, which represented 1.7 percent of the total nominal GDP in the US.
EDM wire is specially designed for cutting hard metals using the EDM process. It features superior electric properties, and it is the first choice for high-speed machining and cutting projects requiring surface precision. EDM is a modern machining process based on using thermal energy to remove material from a part. Material is removed by locally melting or vaporizing small areas on the surface of the part being machined.
Some of the major players operating in the market include: Boway Group, Oki Electric Industry Co. Ltd., Thermo Technologies Group, Sumitomo Electric Industries Ltd., Tamra Dhatu, Senor Metals Pvt. Ltd., Yuang Hsian Metal Industrial Corp. Novotec BV, Opecmade Inc., and Hitachi Metals Ltd. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report:
"Amongst wire type, the coated wire segment catered to a notable share of the market in 2020"
Based on wire type, the market is segmented into non-coated wire, coated wire, and hybrid. The coated EDM wire catered to a significant share of the EDM Wire market in 2020. This is because coated EDM wire performs better mechanically. Zinc-coated brass has a rougher outer finish than plain brass wires. Coated wire provides manufacturers with a consistent surface finish, improved flushing, and increased speed. Moreover, 10 to 15% speed improvement can be achieved with the help of coated EDM wires, compared to uncoated or hybrid wire.
"Amongst application, the manufacturing segment held a significant share in the market in 2020"
Based on application, the market is divided into manufacturing, automotive, aerospace, energy & power, and others. The manufacturing segment held a prominent share of the global EDM wire market and is expected to grow at a substantial CAGR during the forecasted period. The growth of the manufacturing segment can be attributed to the growing use of EDM in manufacturing and the growth of the manufacturing industry. For instance, according to the United Nations Industrial Development Organization, In the second quarter of 2022, world manufacturing production continued growing at a stable pace with a year-over-year growth rate of 3.1 percent.
"Asia-Pacific to grow at a strong CAGR"
The Asia-Pacific region is expected to grow at a strong CAGR during the forecast period. This is mainly due to rapid urbanization and industrialization, development in transmission and distribution networks, large automobile production, and the rapidly growing consumer electronics industry. For instance, according to the India Brand Equity Foundation (IBEF), India has grown its domestic electronics production from USD 29 Bn in 2014-15 to USD 67 Bn in 2020-21. In addition, the Ministry of Electronics & Information Technology released the second volume of the Vision document on Electronics Manufacturing in India, which stated that the electronics manufacturing industry will grow from the current USD 75 Bn in 2021-22 to USD 300 Bn by 2025-26.
Reasons to buy this report:
The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
The report presents a quick review of overall industry performance at one glance.
The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
The study comprehensively covers the market across different segments.
Deep dive regional level analysis of the industry.
Customization Options:
The global EDM wire market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.