Electrical Discharge Machines Market
The market for Electrical Discharge Machines was estimated at $6.4 billion in 2024; it is anticipated to increase to $9.0 billion by 2030, with projections indicating growth to around $12.0 billion by 2035.
Global Electrical Discharge Machines Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Electrical Discharge Machines industry revenue is expected to be around $6.8 billion in 2025 and expected to showcase growth with 5.9% CAGR between 2025 and 2034. The increasing upward trend in the market indicates the role that Electrical Discharge Machines play across various industries due to ongoing technological progressions. The market is significantly impacted by factors such as the requirement for metal parts the discovery of effective machining techniques and a growing need for smaller component sizes. Additionally, the emergence of Industry 4. 0 has highlighted the significance of these machines in manufacturing solidifying their importance, in both current and future industrial scenarios.
An Electrical Discharge Machine (EDM) is a tool utilized in the creation of complex and precise components that are challenging to manufacture using conventional machining techniques. The key advantage of these machines lies in their ability to work with any material regardless of its hardness level-providing unmatched versatility in manufacturing processes. This technology finds application across sectors such as aerospace, m healthcare automotive and defense industries. The increasing need for parts and the shift towards automated and precision driven manufacturing methods are fueling the growing demand, for EDMs.
Market Key Insights
- The Electrical Discharge Machines market is projected to grow from $6.4 billion in 2024 to $11.4 billion in 2034. This represents a CAGR of 5.9%, reflecting rising demand across Die and Mold Making, Medical Devices Production and Aerospace Manufacturing.
- Mitsubishi Corporation, Sodick Inc., Makino India Pvt Ltd. are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Electrical Discharge Machines market and are expected to observe the growth CAGR of 3.8% to 5.7% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 6.8% to 8.1%.
- Transition like Integration of Automation has greater influence in United States and Germany market's value chain; and is expected to add $227 million of additional value to Electrical Discharge Machines industry revenue by 2030.
- The Electrical Discharge Machines market is set to add $5.0 billion between 2024 and 2034, with manufacturer targeting Electronic Manufacturing & Automotive Application projected to gain a larger market share.
- With Evolution of micro electrical discharge machines, and Expansion of automotive and aerospace industries, Electrical Discharge Machines market to expand 77% between 2024 and 2034.