CNC EDM Machine Market Trends: the market is set for robust expansion, projected to reach USD 2.96 billion by 2031
CNC Electrical Discharge Machines (EDMs) are essential in high-precision machining applications, enabling the production of complex shapes, fine details, and high-tolerance components. Globally valued at USD 1.97 billion in 2024, the CNC EDM machine market is set for robust expansion, projected to reach USD 2.96 billion by 2031. This growth—driven by a CAGR of 6.37% (2025–2031)—is fueled by rising demand across aerospace, automotive, mold-making, medical device, and electronics industries, where traditional cutting methods often fall short in handling hard metals or intricate geometries.
Figure. Global CNC EDM Machine Market Size (US$ million), 2025-2031
Source: QYResearch, "CNC EDM Machine - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
The CNC EDM machine market is moderately concentrated, with global leaders setting performance benchmarks through technological innovation and production scale. The top five players—Mitsubishi Electric, FANUC, GF Machining Solutions, Sodick, and Makino—collectively account for 64.09% of global market revenue in 2024. These companies invest heavily in digital automation, IoT integration, and energy efficiency to meet evolving customer expectations. Meanwhile, specialized brands like Seibu Electric & Machinery, CHMER EDM, OPS-INGERSOLL, Accutex, and ONA EDM continue to gain recognition through application-specific innovation and competitive pricing.
Figure. Global CNC EDM Machine Top 10 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)
Source: QYResearch, "CNC EDM Machine - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
Among various product types, Wire Cutting EDM has emerged as the dominant segment, accounting for 60.5% of global market share in 2024. This popularity is due to its ability to deliver ultra-fine cuts with exceptional edge finishes, making it ideal for manufacturing dies, punches, and complex parts. As industries demand increased accuracy in both small-batch prototyping and high-volume production, wire EDM’s versatility, low thermal impact, and minimal tooling wear make it indispensable across advanced manufacturing setups.
In an era where manufacturing excellence is defined by precision, speed, and flexibility, CNC EDM machines stand out as a vital pillar of modern production. Whether producing microscopic components or machining hardened materials, EDM technology continues to unlock new frontiers in design and functionality. With market leaders pushing the boundaries of automation and digitalization, and global demand on the rise, CNC EDM machines are set to remain at the heart of advanced manufacturing for years to come.
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