"Catapult Your Business to Fore, Gain Competitive Advantage "
The increasing demand for highly secure and safe wiring systems in industrial application is projected to drive the growth of cables and wires market. The latest technology in EDM mahcines include computerized numerical control (CNC) and built-in sensing and intelligence which helps to get more precision in work. Industries such as aerospace, medical, automotive requires complex machines parts, precision in surface finishing which is opted through EDM wire machines.
Key Market Driver -
Key Market Driver – • Emerging demand of wide array of industrial activities such as construction projects, large industrial facilities, oil and gas fields and refineries. • Increasing pace of replacing traditional business models and machineries with new digitized machineries.
Key Market Restraint -
Key Market Restraint - • Fluctuations in the availability of raw materials poses threat to stable prices and production costs.
In EDM wire, the conductive materials are mechanized with a series of electrical discharges that are produced between an accurately positioned moving wire (the electrode) and the work piece.It helps to create sharp internal corners and high material utilization. EDM wire is a highly specialized technology which has an ability to cut very hard material at relatively high speed and ability to cut complex paths in cost-effective manner. EDM wire is applied for low volume production fo complex parts such as gears, splines, medical equipment/tools etc.
Key players operating in the global EDM Wires market are Powerway Group, Oki Electric Cable Co.Ltd, THERMOCOMPACT, Sumitomo Electric Industries Ltd., Tamra Dhatu, Senor Metals Pvt. Ltd, YUANG HSIAN METAL INDUSTRIAL CORP., Novotec BV, J. G. Dahmen GmbH & Co. KG.
Asia Pacific is experiencing a high growth in EDM wires market owing to the rapid urbanization and industrialization, development in transmission and distribution networks, large automobile production. Therefore, Asia Pacific is anticipated to be a dominant region in global EDM wires market in 2018.
To gain extensive insights into the market, Request for Customization
North America is expected to have a substantial increase in EDM wire market owing to the governmental initiatives for expansion or upgrade of existing infrastructure, increased renewable energy production. For instance, U.S DOE announces USD 6.6 million through hydroelectric production incentive program.
By Wire Type
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry