EDM (electrical discharge machining) cutting wire, also referred to as wire EDM, is a type of machining process that uses electrical charges to cut a conductive material. It is primarily used to cut complex shapes and intricate contours accurately and quickly.
The wire EDM process produces no contact between the cutting tool and workpiece, and provides the highest accuracy without the presence of cutting forces. The most common materials that are machined include hardened metals, graphite and ceramics because of their high electrical characteristics.
Wire EDM has become increasingly popular in production shops over the past few decades and is widely used in a variety of industries, such as medical, automotive, aerospace, defense and more. It is used to cut highly intricate components which are difficult to generate with conventional cutting tools.
Wire EDM cutting is closely related to other EDM techniques such as spark erosion and conventional EDM. In wire EDM, a thin single-strand metal wire, usually made of brass, is fed through the workpiece at high speeds. As an electrical spark passes along the wire, material is eroded away from the workpiece. The wire is constantly replaced and drawn away from the workpiece. This process with multiple passes, the desired shape is gradually cut out of the part.
The global EDM Cutting Wire market was valued at US$ 882 million in 2022 and is anticipated to reach US$ 1623.7 million by 2029, witnessing a CAGR of 9.0% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global EDM Cutting Wire Market available at: https://www.themarketreports.com/report/global-edm-cutting-wire-market-research-report
This report aims to provide a comprehensive presentation of the global market for EDM Cutting Wire, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding EDM Cutting Wire.
Global EDM Cutting Wire key players include Powerway Group, Oki Electric Cable, OPECMADE Inc., THERMOCOMPACT, Hitachi Metals, etc. Global top five manufacturers hold a share about 43%. Europe is the largest market, with a share about 42%, followed by China and Japan, both have a share about 50% percent. In terms of product, No Coated Wire is the largest segment, with a share over 63%. And in terms of Application, the largest level is High Precision Mold, followed by CNC Tool, High-precision Medical Equipment, etc.
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