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
- APAC
- Europe
- ROW
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 Electroerosión, 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.
For
more information Visit at: http://mrr.cm/UTP
Related Reports;
Global
Inventory Tank Gauging Market 2017-2021 - Visit at - http://mrr.cm/UTm
Global
HVAC Chillers Market 2017-2021 - Visit at - http://mrr.cm/UTs
No comments:
Post a Comment