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The superhard material cutting market (EDM Cutting Machine and Laser Cutting Machine) may enter a period of rapid development

2021/6/15 9:34:11 TKD CO., LTD Reading 87 Times

A recent report by Transparency Market Research (TMR) predicts that by 2024, the market size of superhard material cutting machinery will reach 1.81 billion U.S. dollars. The global superhard material cutting machinery market mainly includes electrical spark erosion machines (EDM) and laser cutting machines.

In 2015, the size of the market was only 730 million US dollars, which means that in 2016-2024, the market is expected to achieve a compound annual growth rate of 10.8%. In terms of market capacity, as of the end of 2024, the market is expected to reach 6,661 units.

The report also confirmed that in the global market, the three major manufacturers in this field-Machinery Systems, Inc., DMG MORI and GF Machining Solutions, account for 44.3% of the total market value. And TKD CO., LTD, a super-hard material fiber laser cutting machine company developed based on the Chinese market, is occupying the international market at a very fast speed with its excellent product quality and competitive product pricing. 

 PCD PKD CVD CBN PCBN CERAMIC FIBERL LASER CUTTING MACHINE.jpg 

At present, competition between companies will become more and more tense, resulting in a wider range of competitive pricing to meet greater demand. However, in the next few years, the threat of new competitors will be expected to help maintain relatively low machine prices, because new companies must invest huge capital in order to gain a foothold in the global superhard material cutting machinery market.

A TMR analyst explained: “The increasing demand for synthetic diamond semiconductor substrates is the main driving force for the development of the global superhard material cutting machinery market. The physical properties of synthetic diamonds can provide better heat transfer management. Therefore, in This feature helps semiconductor design engineers get out of the traditional dilemma of power density and reliability issues when reducing the space occupied by semiconductors."

In addition to this application, the report also emphasized that superhard material cutting machines are gradually being used in other fields such as mining, national defense, semiconductor and electronics industries. The author of the report speculates that because fiber laser technology is about 30 times faster than EDM, it may be that the technology is driving the expansion, and the development of new products and the price drop caused by competition will further increase the utilization rate of fiber laser.

In addition to these forecasts, the TMR report also explored the two major obstacles hindering the development of the market, namely the total unit cost and complex use. Compared with traditional cutting systems, the cost of manufacturing high-resolution superhard material cutting machines is extremely high. In terms of materials and design adopted, such machines will put pressure on small and medium-sized manufacturers in the market.

TMR analysts added, “Participants in the global superhard material cutting machinery market, especially those in the developing regions, don’t have to worry too much about the manufacturing cost of the machinery. The industries in Asia Pacific and Latin America use superhard material cutting on a large scale. Machinery, and create higher demand for it over time. This is also the reason why many key players in the global superhard material cutting machinery market are currently paying attention to resource development.


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