Global EDM Cutting Wire Market Status, Trends and COVID-19 Impact Report 2022
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In the past few years, the EDM Cutting Wire market experienced a huge change under the
influence of COVID-19, the global market size of EDM Cutting Wire reached 937.2 million $
in 2021 from xx in 2016 with a CAGR of xx from 2016-2021 is. As of now, the global COVID-
19 Coronavirus Cases have exceeded 500 million, and the global epidemic has been
basically under control, therefore, the World Bank has estimated the global economic
growth in 2021 and 2022. The World Bank predicts that the global economic output is
expected to expand 4 percent in 2021 while 3.8 percent in 2022. According to our research
on EDM Cutting Wire market and global economic environment, we forecast that the global
market size of EDM Cutting Wire will reach 1430.0 million $ in 2027 with a CAGR of % from
2022-2027.

Due to the COVID-19 pandemic, according to World Bank statistics, global GDP has shrunk
by about 3.5% in 2020. Entering 2021, Economic activity in many countries has started to
recover and partially adapted to pandemic restrictions. The research and development of
vaccines has made breakthrough progress, and many governments have also issued various
policies to stimulate economic recovery, particularly in the United States, is likely to provide
a strong boost to economic activity but prospects for sustainable growth vary widely
between countries and sectors. Although the global economy is recovering from the great
depression caused by COVID-19, it will remain below pre-pandemic trends for a prolonged
period. The pandemic has exacerbated the risks associated with the decade-long wave of
global debt accumulation. It is also likely to steepen the long-expected slowdown in
potential growth over the next decade.

The world has entered the COVID-19 epidemic recovery period. In this complex economic
environment, we published the Global EDM Cutting Wire Market Status, Trends and COVID-
19 Impact Report 2022, which provides a comprehensive analysis of the global EDM Cutting
Wire market , This Report covers the manufacturer data, including: sales volume, price,
revenue, gross margin, business distribution etc., these data help the consumer know about
the competitors better. This report also covers all the regions and countries of the world,
which shows the regional development status, including market size, volume and value, as
well as price data. Besides, the report also covers segment data, including: type wise,
industry wise, channel wise etc. all the data period is from 2016-2021, this report also
provide forecast data from 2022-2027.

Section 1: 100 USDMarket Overview

Section (2 3): 1200 USDManufacturer Detail
Powerway Group
Oki Electric Cable
Opecmade
THERMOCOMPACT
Hitachi Metals
Sumitomo (SEI) Steel Wire Corp.
J.G. Dahmen & Co KG
Tamra Dhatu
Senor Metals
YUANG HSIAN METAL INDUSTRIAL
Heinrich Stamm GmbH
Ningbo De-Shin Industrial Co., Ltd
Novotec

Section 4: 900 USDRegion Segmentation
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Other)
Asia Pacific (China, Japan, India, Korea, Southeast Asia)
Europe (Germany, UK, France, Spain, Italy)
Middle East and Africa (Middle East, Africa)

Section (5 6 7): 700 USD
Product Type Segmentation
No Coated Wire
Coated Wire
Hybrid Wire
No coated wire holds a comparatively larger share in global market, which accounts for
about 63.06% in 2019.

Application Segmentation
Aerospace
Mechanic
Die and Mold
Others
In terms of application, die and mold's consumption is the highest, reaching 35.84% in
2019.

Channel (Direct Sales, Distribution Channel) Segmentation

Section 8: 500 USDMarket Forecast (2022-2027)

Section 9: 600 USDDownstream Customers

Section 10: 200 USDRaw Material and Manufacturing Cost

Section 11: 500 USDConclusion

Section 12: Research Method and Data Source