According to Cognitive Market Research, The Global Wire cut EDM Machine market will grow at a compound annual growth rate (CAGR) of 6.60% from 2023 to 2030.
The demand for wire-cut EDM machines is rising due to Industrial automation driving up demand for intricate and small-sized components.
Demand for wire-cut flushing type EDM remains higher in the wire-cut EDM machine market.
The automotive category held the highest wire cut EDM machine market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific wire-cut EDM machine market will experience the strongest growth until 2030.