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1 TechNavio Infiniti Research Research Limited v2680/ Publisher Sample Phone: (US) or or (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm EST Fridays: 5:30am - 5:30pm EST customerservice@marketresearch.com Research.com

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3 01. Research Methodology Research Process TechNavio identifies the key opportunities in leading markets and develops various methodologies for data collection and analysis. The micro, meso, and macroeconomic indicators of the market are studied to ascertain the dynamics of the market. Research Design TechNavio s reports are based on in-depth qualitative and quantitative analyses of various markets. Qualitative analysis involves the application of various projection and sampling techniques, whereas quantitative analysis involves primary interviews, surveys, and vendor briefings. The data thus gathered is validated through experts' opinions. Based on research results and technical insights, TechNavio analysts refine the existing methodologies to analyze the various aspects of the market. Exhibit 1: Research Methodology Global Electrical Discharge Machine Source: TechNavio Analysis Global Electrical Discharge Machine

4 TechNavio analysts gather inputs from various vendors and industry experts and verify the information collected with databases, financial reports, industry papers, and various other secondary sources. The impact of global economic conditions and other macroeconomic indicators are also considered while assessing the market. Research Methodology TechNavio analysts have adopted primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global Electrical Discharge Machine. The information is obtained using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. The data is then corroborated with data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users Global Electrical Discharge Machine

5 02. Executive Summary Size 2013: US$ xxx billion 2018: US$ xxx billion Growth Rate xxx percent CAGR Key Customer Segments Machine Shop Applications Aerospace and Defense Medical Devices Automotive Drivers Challenges Trends Increasing Need for Complex Designs Driver 2 Driver 3 Lack of Awareness among End-users Challenge 2 Challenge 3 Decrease in EDM Prices Trend 2 Trend 3 Key Buying Criteria Key Vendors Cost Customization High Precision Reliability GF Machining Solutions Makino Milling Machine Co. Ltd. Mitsubishi Corp Global Electrical Discharge Machine

6 03. Scope of the Report Overview This report covers the present scenario and the growth prospects of the Global EDM market for the period It covers all types of EDMs, as illustrated in the chart below: EDM Wire EDM Ram EDM Small Hole EDM The report also presents the vendor landscape and a corresponding detailed analysis of the top three vendors in the Global EDM market. To calculate the market size and the vendor share, this report covers revenue generated through the following: Exhibit 1: Sale of EDMs Exhibit 2: Provision of support Exhibit 3: Provision of maintenance In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market Global Electrical Discharge Machine

7 Product Offerings Some of the products offered by the major vendors in the Global EDM market are listed below: Company Products Offered GF Machining Solutions Exhibit 4: DRILL 300 Exhibit 5: DRILL 300 B Exhibit 6: DRILL 20 Exhibit 7: CUT 1000 OilTech Exhibit 8: CUT 1000 Exhibit 9: CUT 2000 OilTech Exhibit 10: CUT 2000 S Exhibit 11: CUT 2000 Exhibit 12: CUT 200 ms Exhibit 13: CUT 200 Sp Exhibit 14: CUT 200 P Exhibit 15: CUT 300 ms Exhibit 16: CUT 300 Sp Exhibit 17: CUT 400 Sp Exhibit 18: AC Progress VP2 Exhibit 19: AC Progress VP3 Exhibit 20: AC Progress VP4 Exhibit 21: CUT 20 P Exhibit 22: CUT 30 P Exhibit 23: FORM 1000 Exhibit 24: FORM 2000 VHP Exhibit 25: FORM 200 ms Exhibit 26: FORM 3000 VHP Makino Milling Machine Co. Ltd. Mitsubishi Corp. Exhibit 27: EDAC1 Exhibit 28: EDFH1 Exhibit 29: EDAF2 Exhibit 30: EDAF3 Exhibit 31: EDBV3 Exhibit 32: EDBV8 Exhibit 33: EDGE2 Exhibit 34: EDGE3 Exhibit 35: EDNC series Exhibit 36: U series Exhibit 37: MD+PRO III Exhibit 38: MV1200R Exhibit 39: MV2400R Global Electrical Discharge Machine

8 Exhibit 40: MV2400S Exhibit 41: BA24 Exhibit 42: FA30-V ADVANCE Exhibit 43: FA40-V ADVANCE Exhibit 44: FA50-V ADVANCE Exhibit 45: EA8A ADVANCE Exhibit 46: EA8A ADVANCE Exhibit 47: EA8PV ADVANCE Exhibit 48: EA12D Exhibit 49: EA12V ADVANCE Exhibit 50: EA28V ADVANCE Exhibit 51: EA30 Exhibit 52: GANTRY 800 Exhibit 53: GANTRY 1200 Exhibit 54: GANTRY 1500 Exhibit 55: GANTRY Global Electrical Discharge Machine

9 04. Introduction EDMs are used in the manufacturing process to obtain a desired shape by removing material from a work piece. During this process, a rapidly recurring current discharges between two electrodes separated by a dielectric liquid, resulting in the removal of material. The Global EDM market growth is moderate and is expected to grow at a CAGR of 7.28 percent during the period The market is mainly driven by the global Machine Shop Applications industry, which holds a major share in the market. In terms of geography, the majority of the growth is generated by the APAC region, followed by the Americas and Europe. The Global EDM market is driven by many factors. The increasing need for complex designs across end-user industries such as Automotive, Medical Devices, and Machine Shop Applications is one of the major drivers in the market. Another major driver is the CAD integration capability in the modern EDMs. Also, the growth of the Manufacturing industry in the emerging countries has led to an increasing demand for EDMs in this region. Though the Global EDM market has several driving factors, it is currently facing many macrolevel challenges. The lack of awareness among end-users on EDM benefits is one of the major challenges in the market. The shift toward alternative materials in manufacturing owing to environmental concerns and the lack of skilled labor are other challenges which impede the growth of the market. The Global EDM market is witnessing the emergence of various trends that are expected to increase the potential of the market. The decrease in EDM prices is one of the significant trends witnessed in the market at present. Another trend is manufacturers shifting operations to emerging countries owing to the rising demand and availability of cheap labor. Thus, the combined effect of various trends and drivers is expected to exert a positive influence on the Global EDM market during the forecast period Key Questions Answered in this Report What will the market size be in 2018 and what will be the growth rate? What are key market trends? What is driving this market? What are the challenges to market growth? Global Electrical Discharge Machine

10 Who are the key vendors in this market space? What are the market opportunities and threats faced by key vendors? What are the strengths and weaknesses of each of these key vendors? Global Electrical Discharge Machine

11 05. Landscape 05.1 Overview The Global EDM market has grown at a steady pace in the last decade. Post the recession, the global market for EDMs has been gaining momentum, driven by the demand in the APAC region. However, the revenue growth in the EMEA region is expected to pick up faster in the coming years with the offset of the Eurozone crisis. The majority end-user industries for EDMs such as Automotive, Medical Devices, and Machine Shop Applications are also expected to improve as the global financial climate stabilizes Size and Forecast The Global EDM market was valued at US$XXXX million in 2013 and is expected to reach US$XXXX million by 2018, growing at a CAGR of 7.28 percent. Exhibit 2: Global EDM (US$ million) Actual exhibits are available in full report only. Note: Information included in this sample are extracts of the full report Global Electrical Discharge Machine

12 06. Growth Drivers The Global EDM market is driven by many factors. The increasing need for complex designs across end-user industries such as Automotive, Medical Devices, and Machine Shop Applications is one of the major drivers in the market. Another major driver is the CAD integration capability in the modern EDMs. Also, the growth of the Manufacturing industry in the emerging countries has led to an increasing demand for EDMs in this region. Some of the major drivers in the Global EDM market are discussed below: Increasing Need for Complex Designs Driver 2 Driver 3 Increasing Need for Complex Designs The end-user industries such as Automotive, Medical Devices, and Machine Shop Applications require complicated designs which cannot be machined by conventional processes. EDMs are contactless in nature and capable of machining these designs in less time and with far better accuracy than conventional processes. The increasing productivity, accuracy, and quality offered by EDMs make them the preferred choice for high-end machining by consumers. EDM vendors are also engaged in constant innovation and have introduced machines capable of providing a surface finish of 0.25umRa with very small wire diameters. As a result, the scope of EDMs has particularly increased in the Electronics and Automotive industries which depend on high precision machines. Note: Information included in this sample are extracts of the full report Global Electrical Discharge Machine

13 07. Challenges Though the Global EDM market has several driving factors, it is currently facing many macrolevel challenges. The lack of awareness among end-users on EDM benefits is one of the major challenges in the market. The shift toward alternative materials in manufacturing owing to environmental concerns and the lack of skilled labor are other challenges which impede the growth of the market. Some of the major challenges in the Global EDM market are discussed below: Lack of Awareness among End-users Challenge 2 Challenge 3 Challenge 4 Lack of Awareness among End-users There is a decrease in usage of EDMs by end-users because of a lack of awareness. Previously, EDMs lacked the ability to integrate with other machining processes and they also lacked automation. This still remains to be the main reason why end-users are not giving preference to EDMs. However, with the technological innovation, the vendors are incorporating integration and automation abilities into the modern EDMs. Vendors are also trying to educate end-users about the potential benefits of EDMs with smart marketing in order to penetrate new markets. Note: Information included in this sample are extracts of the full report Global Electrical Discharge Machine

14 08. Trends The Global EDM market is witnessing the emergence of various trends that are expected to increase the potential of the market. The decrease in EDM prices is one of the significant trends being witnessed in the market at present. Owing to rising demand and the availability of cheap labor, manufacturers have shifted operations to emerging countries. In addition, the increasing speed of EDMs is making them more viable to use, thus increasing their demand across endusers. Some of the major trends in the Global EDM market are discussed below: Decrease in EDM Prices Trend 2 Trend 3 Decrease in EDM Prices With the increase in the processing capability of the Computer industry coupled with the reduction in prices, the electronic portion of the EDMs has benefitted immensely. The price of the high-quality EDMs has fallen by more than 70 percent in the last decade. With the decreasing prices and the rising demand, the production of EDMs is also increasing, heavily leading to the growth of the Global EDM market. Note: Information included in this sample are extracts of the full report Global Electrical Discharge Machine

15 09. Vendor Landscape 09.1 Competitive Scenario The market is characterized by the presence of well-diversified international and local vendors. Several local vendors currently provide high-tech, highly customized, high precision EDM tools at relatively cheaper prices than the international vendors. Though several new vendors are emerging in this market, they find it difficult to compete with the existing vendors in terms of quality, features, functionalities, and services. Over the next few years, the competitive environment in this market is expected to intensify further because of an increase in product extensions and technological innovations, foreign collaborations, and mergers and acquisitions. It is expected that international players will grow inorganically by collaborating with the existing market leaders Other Prominent Vendors Some of the other prominent vendors in the Global EDM market are described in the table below: Company AA EDM Corp. Absolute Machine Tools Inc. Agie Charmilles Alta Enterprises Inc. AME Inc. ANSTAR Corp. Beaumont Machine Belmont Equipment & Technologies Chevalier Machinery Inc. Chmer EDM Concept Machine Tool Sales Inc. Current EDM Global Specialty Machines LLC Global Electrical Discharge Machine

16 Company Iverson & Co. Jet Edge Inc. Kent Industrial (USA) Inc. Knuth Machine Tools USA Inc. Martech Machinery & Automation LLC MC Machinery Systems Inc. Methods Machine Tools Inc. Moncktons Machine Tools Inc. ONA Electroerosión Phillips Corp. Premier Tooling Systems Ross Machinery Sales Inc. Smith Machinery Co. Inc. Sodick Inc. Sodick-West Coast Technical Center System 3R USA Inc. UNITED GRINDING North America Inc Global Electrical Discharge Machine

17 GF Machining Solutions Key Vendor Analysis 10.1 GF Machining Solutions Business Overview GF Machining Solutions (GF AgieCharmilles), founded in 1861, belongs to the Georg Fischer Group (Switzerland), and is headquartered in Geneva, Switzerland. The company has 2,798 employees on 50 sites worldwide. It provides machines, system solutions, and customer services for the manufacturing of molds, tools, and components Business Segmentation Exhibit 3: Business Segmentation of GF Machining Solutions Milling EDM Laser Automation Technology Talk Innovation Solutions Global Electrical Discharge Machine

18 Key Information Company Details Description Product Portfolio DRILL 300 DRILL 300 B DRILL 20 CUT 1000 OilTech CUT 1000 CUT 2000 OilTech CUT 2000 S CUT 2000 CUT 200 ms CUT 200 Sp CUT 200 P CUT 300 ms CUT 300 Sp CUT 400 Sp AC Progress VP2 AC Progress VP3 AC Progress VP4 CUT 20 P CUT 30 P FORM 1000 FORM 2000 VHP FORM 200 ms FORM 3000 VHP Recent Product Launches November 2013: Launched New FORM 2000/3000 VHP machines Note: Information included in this sample are extracts of the full report Global Electrical Discharge Machine

19 SWOT Analysis Strengths Weaknesses GF Machining Solutions has a strong R&D division and skilled workforce Strength 2 Weakness 1 Weakness 2 Opportunity Threats Opportunity 1 Opportunity 2 Threat 1 Threat Global Electrical Discharge Machine

20 TABLE OF CONTENT 01. Executive Summary List of Abbreviations Scope of the Report Overview Product Offerings Research Methodology Research Process Research Methodology Introduction Landscape Overview Size and Forecast Five Forces Analysis Segmentation by Product Global EDM by Product Global Wire EDM Size and Forecast Global Ram EDM Size and Forecast Global Small-hole EDM Size and Forecast Segmentation by End-users Global EDM by End-users Global EDM in Machine Shop Applications Size and Forecast Global Electrical Discharge Machine

21 08.3 Global EDM in Aerospace and Defense Industry Size and Forecast Global EDM in Medical Devices Industry Size and Forecast Global EDM in Automotive Industry Size and Forecast Geographical Segmentation Global EDM by Geographical Segmentation Global EDM in the APAC Region Size and Forecast Global EDM in Europe Size and Forecast Global EDM in the Americas Size and Forecast Buying Criteria Growth Drivers Drivers and their Impact Challenges Impact of Drivers and Challenges Trends Trends and their Impact Vendor Landscape Competitive Scenario Other Prominent Vendors Key Vendor Analysis GF Machining Solutions Business Overview Global Electrical Discharge Machine

22 Business Segmentation Key Information SWOT Analysis Makino Milling Machine Co. Ltd Business Overview Business Segmentation Key Information SWOT Analysis Mitsubishi Corp Business Overview Business Segmentation Key Information SWOT Analysis Other Reports in this Series Global Electrical Discharge Machine

23 EXHIBITS Exhibit 1: Research Methodology... 6 Exhibit 2: Global EDM (US$ million)... 9 Exhibit 3: Global EDM by Product Segmentation Exhibit 4: Global EDM by Product Segmentation Exhibit 5: Global EDM by Product Segmentation Exhibit 6: Global Wire EDM (US$ million) Exhibit 7: Global Ram EDM (US$ million) Exhibit 8: Global Small-hole EDM (US$ million) Exhibit 9: Global EDM by End-user Segmentation Exhibit 10: Global EDM by End-user Segmentation Exhibit 11: Global EDM by End-user Segmentation Exhibit 12: Global EDM by End-user Segmentation Exhibit 13: Global EDM in Machine Shop Applications (US$ million) Exhibit 14: Global EDM in Aerospace and Defense Industry (US$ million) Exhibit 15: Global EDM in Medical Devices Industry (US$ million) Global Electrical Discharge Machine

24 Exhibit 16: Global EDM in Automotive Industry (US$ million) Exhibit 17: Global EDM by Geographical Segmentation Exhibit 18: Global EDM by Geographical Segmentation Exhibit 19: Global EDM by Geographical Segmentation Exhibit 20: Global EDM in the APAC Region (US$ million) Exhibit 21: Global EDM in Europe (US$ million) Exhibit 22: Global EDM in the Americas (US$ million) Global Electrical Discharge Machine

25 11. Other Reports in this Series Global Industrial Gear Motors and Drives Global Traction Transformer Global Cogeneration Equipment Global Isolation and Safety Valve Global T&D Equipment Global Circuit Breaker, Fuse, and Relay Global Portable Air Conditioning System Global Personal Protective Equipment Diesel Gensets in Europe Global Gas Detection Equipment Global Cleanroom Consumables Global Air Filter Global Machine Safeguarding Solutions Electrical Equipment in India Global Waterjet Machine Diesel Gensets in India Power Cables in China Global Chromatography Systems Global Hydraulic Equipment Global Motion Control Global Electrical Discharge Machine

26 Global Switch Gear Global Electrical Discharge Machine

27 Sample - Global Electrical Discharge Machine DISCLAIMER This report has been prepared from sources and data that we believe to be reliable, but we make no representation as to its accuracy or completeness. Any decision or action taken by the recipient based on this report shall be solely and entirely at the risk of the recipient. Opinions and information provided are made as at the date of the report issue and are subject to change without notice. All trademarks and copyrights remain the sole ownership of their rightful owners/licensees. In no event shall Infiniti Research have any liability to any party for special, incidental, tort, or consequential damages arising out of or in connection with this report, even if Infiniti Research has been advised of the possibility of such damages. Copyright 2013 Infiniti Research Limited. All Rights Reserved. Reproduction without written permission is completely forbidden. ABOUT TECHNAVIO INSIGHTS TechNavio Insights is a customized set of reports based on the TechNavio platform. It builds on the intelligence available within TechNavio and leverages the custom research experience of our researchers. TechNavio is built on years of experience of Infiniti Research in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and medium-sized companies in the technology space. For more information about TechNavio, please visit Global Electrical Discharge Machine