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EDM Wire Market is Expected to Grow at High CAGR during 2027 - Top Companies Berkenhoff GmbH, Hitachi Metals, Novotec BV, Oki Electric Cable, OPECMADE, Senor Metals, Sumitomo Electric Industries and Tamra Dhatu

08-07-2019 08:04 PM CET | IT, New Media & Software

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
EDM Wire Market

EDM Wire Market

Worldwide EDM Wire Market Analysis to 2027 is a specialized and in-depth study of the EDM Wire Industry with a focus on the global market trend. The report aims to provide an overview of global EDM Wire Market with detailed market segmentation by product/application and geography. The global EDM Wire Market is expected to witness high growth during the forecast period.

Electrical discharge machining (EDM) is a method of removing desired material from any work-piece through inducing the electrical spark between work-piece and electrode. Wire cutting EDM is a high precision process for cutting any of the electrically conducting material.

Wire cut EDM method is considerably chosen by the automotive industry for numerous metal mold applications like molding steel headlights. There are two types of wire used for this cutting process, including brass and copper. The EDM wire is widely used by the aerospace and industrial sector in the EDM process.

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Top Leading Market Players:

1. Berkenhoff GmbH (Powerway Group)
2. Hitachi Metals, Ltd.
3. Novotec BV
4. Oki Electric Cable
5. OPECMADE Inc.
6. Senor Metals Pvt. Ltd.
7. Sumitomo Electric Industries, Ltd.
8. Tamra Dhatu
9. THERMOCOMPACT
10. YUANG HSIAN METAL INDUSTRIAL CORP.

The key factors accountable for the rising preference for wire EDM over the other EDM machines comprise ability to cut metal more effectively, reliable repeatability, reduced cost, stress-free and burr-free EDM cutting, and its capability to cut exotic materials such as tool steels, inconel, ferro-tic, carbide, stellite, alloy, and titanium. Thus, the rising adoption of wire cut EDM method is further supporting the growth of EDM wire market.

Market Segmentation :

The global EDM wire market is segmented on the basis of wire type and end-user industry. Based on wire type, the market is segmented as brass and copper. Further, based on end-user industry, the EDM wire market is divided into aerospace, industrial, and others.

Key Benefits-

• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global EDM Wire Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

The EDM Wire Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

The EDM Wire Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions.

The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

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Reasons to Buy the Report:

• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market

Contact Us:

The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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