According to a new market report pertaining to the global electric discharge machine (EDM) market, that market is projected to reach a value of US$ 6.1 billion by 2027. The EDM market is expected to expand at a CAGR of ~6% from 2019 to 2027, in terms of volume. Growth of the EDM market can be attributed to increasing need for EDMs for the development of high-end machining designs in various industries. Asia Pacific is anticipated to lead the global electric discharge machine market, followed by North America during the forecast period.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2019-12-13
CTE source: https://ctemag.com/news/study-adoption-cost-effective-wire-edms-gain-momentum/
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