NEW YORK, Dec. 3, 2021 /PRNewswire/ — The electrical discharge machine market is fragmented. Vendors are using various organic and inorganic growth strategies to compete in the market. The market size is expected to grow by USD 1.53 bn from 2020 to 2025. The growth momentum of the market is expected to decelerate at a CAGR of 7.65%.
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Key Market Participants Analysis
Beaumont Machine: The company is involved in offering EDM systems such as FH series EDM machines that include FH 30, FH 40, FH50/60 with different specifications.
Belmont Equipment and Technologies: The company is involved in offering EDM Machines that include EDM Drills, EDM Sinkers such as Astec Series EDM Drills, SY Series EDM Drills, and many more.
Ching Hung Machinery and Electric Industrial Co. Ltd.: The company is involved in offering wire cut EDMs such as AW3X, AW3L, RQ6040L, and many more.
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Electrical Discharge Machine Market 2021-2025: Segmentation
Aerospace And Defense
Source Here: benzinga.com