Electric Discharge Machine Market Size, Share, and COVID-19 Impact Analysis, By Product (Wire Cut EDM, Die Sinking EDM, and Hole Drilling EDM), By End User (Automotive, Aerospace & Defense, Manufacturing, Healthcare, Consumer Goods, Electrical and Electronics, and Others), and Regional Forecast, 2026-2034

The global electric discharge machine market size was valued at USD 3536.7 million in 2025. The market is projected to grow from USD 3731.04 million in 2026 to USD 5723.82 million by 2034, exhibiting a CAGR of 5.5% during the forecast period.

EDM or Electric Discharge Machines are used in various industries for product manufacturing and finishing jobs. It is a non-conventional machining process; as the name suggests, it removes material from the workpiece by electric discharge or sparks where no heavy metals are not required additionally. Three types of machining can be done on any conductive material: wire-cutting EDM, die-sinking EDM, hole drilling, and any conductive material. Moreover, the advantages associated with the machining process enable the user to work with the hardest conductive materials, be cost-effective, and provide precision due to its three-dimensional movement.

Furthermore, the Global requirement for precision equipment and tools to produce complex, cost-effective products with precision has raised the demand for precision milling machines in the market. Moreover, the medical industry's complex surgeries and precision requirements act as market catalysts. However, the pandemic resulted in supply chain bottlenecks, and the raw material shortage has slowed global production. Even today, these factors have been adversely impacting the manufacturers resulting in production delays and postponement of projects. Technological advancements and software integration to the advanced CNC Machines have helped manufacturers influence the market in developing countries such as India, Africa, the Philippines, and many more.

Meanwhile, the EV sales boom of Electric vehicles has created the necessity for ultra-light, solid, and safe vehicles. At the same time, EDM is the best-proven method of machining for EV chassis production, offering a more resilient and smooth surface. In addition, EDMs are also used in machining materials such as plastic polymers, ceramics, composites, and many others. The method has been widely adopted by industries and product manufacturing companies that require high precision and smooth surface finish products. Thus, rising demand for versatile and good-looking products is estimated to uplift the market.

Impact of COVID-19 on the Global Structural Steel Fabrication Market

COVID-19 Outbreak in 2019 disrupted the whole production scenario globally, while major factors such as production planning bottlenecks and supply shortages from the source have stopped the flow. Manufacturers were able to counter the issues and solve these bottlenecks over time, which has helped to recover from the pandemic economic downfall. A post-pandemic rise in EV sales and resume projects has raised the order count to a very large extent. In addition, a rise in capital expenditure and investment will improve operational efficiency in the production line and boost the production rate. According to the 2019 World Machine Tool Survey, since 2010, consumption of global tools had decreased to the very lowest, when much of the global economy was starting to recover. In 2019, China’s machine tool consumption dropped from USD 6.4 billion to USD 22.3 billion, or 25.3%. China’s decrease in production is nearly half of the global consumption.

Key Insights

The report will cover the following key insights:

• Recent industry trends and developments.
• Competitive landscape & strategic key players.
• Complete background analysis, including an assessment of the Global Electric Discharge Machine Market.
• Impact of COVID-19 on the Global Electric Discharge Machine Market

Analysis by End User

• The global machining market faced a major downfall in 2019, causing a major impact. However, strong demand from the automotive, aerospace and medical sector has helped the market players recover from this downfall.
• As for specifics, according to Machine Tool Survey 2021, overall machine tool consumption hiked to USD 80 billion in 2021 from USD 70 Billion in 2020.

Regional Analysis

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• North America is a major shareholder in the Global EDM machine market, and the machine tool sector has a huge presence. Since 2019, it has maintained its steady growth with the slightest decline and achieved major growth in 2021. Production resume in the automotive sector and demand from the aerospace industry has helped grow EDM sales in this region.
  • For instance, According to Machine Tool Survey 2021, the U.S. is the highest-ever production since 1998, while the United States contributed almost 12%. According to the Machine Tool Survey 2021, U.S. production touched the mark of USD 7.5 Billion in 2021, an increase of USD 2 Billion from 2020.
• Asia Pacific is set to dominate by the rising automotive market and aerospace research that need more complex parts and accessories for their functioning. Moreover, growing industrial automation and technology integration, such as IoT, into the Industry 4.0 program has brought significant growth to the market.
  • For instance, China’s Machine tool production in 2021 hiked by USD 5 Billion from 2020, and it is marked as the biggest single-year hike in 10 years.
• Europe is expected to grow economically due to good demand from the EV sector and space research. Machining is an important process in precision component manufacturing that helps the key players to draw sustainable revenue from the market.
  • For the third consecutive year, Germany remained the third largest machine tool consumer with good demand from the automotive and aerospace industry and attained the mark of approx. USD 11 Billion in 2021.
• Growing Infrastructure, civil marvels, and robotic adoption in the Middle East and Africa have brought a motion in the market. Key players are adopting five-axis EDM that provides high precision and accuracy in production. Such lucrative features are anticipated to expand the market share significantly.
  • Saudi Arabia, the world's biggest economy, is working on its Neom project, a USD 500 Billion megacity project that will work on smart technologies.
• South America is mostly dependent on agricultural production, and for energy fulfillment, it depends mostly on renewable energy sources. Moreover, rising investments in power and food processing projects will drive the market.
  • South America’s biggest utility, owned by AES Corporation, developed a plan to convert the existing 560MW thermal power plant into a molten salt-based energy storage plant in Chile.

Key Players Covered

Beaumont Machine, Belmont Metals, CHMER EDM, Georg Fischer Ltd., Makino, Mitsubishi Electric Corporation, Novick Digital Equipment Co. LTD., ONA Electroerosión SA, Sodick Corporate Headquarters, Yihawjet Enterprises Co., Ltd., WillScot.com, Kent Industrial U.S.A., Inc., Accutex Technologies Co., Ltd., JOEMARS MACHINERY & ELECTRIC INDUSTRIAL CO., LTD., Eaton, Abel Womack 2.0 on Genesis Framework, 360Connect, L.P., Mobile Mini Inc., StoragePug, and Templestock Ltd, Eaton and Enico, Fanuc Corporation, and Many Others.

Segmentation

Key Industry Developments

• September 2022- Makino, a leader in CNC machine manufacturing, launched a unified Hyper-I control software system that offers unique capabilities, intelligence, and user-friendliness to Makino EDM Machines.
• October 2021- Ona has launched its latest EDM die-sinking machine, Ona Iris. The company claims it is the latest and most advanced die sinker to date and offers integration of digital tools that allow the user to take control and manage projects easily, firmly, and even remotely.