Electrical discharge machining

Global Power Equipment Batteries Market Outlook & Forecast Report 2023-2028: Precision Manufacturing Drives Power Equipment Batteries Demand in High-Tolerance Industries - ResearchAndMarkets.com

Retrieved on: 
Monday, September 11, 2023

The "Power Equipment Batteries Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Power Equipment Batteries Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The global power equipment batteries market is expected to reach a value of $7.85 billion by 2028 from $5.6 billion in 2022, growing at a CAGR of 5.80% from 2022 to 2028
    The global power equipment batteries market is characterized by low market concentration and high competition among players.
  • These advances have supported the development of innovative and sophisticated cordless power tools and propelled the demand for power equipment batteries.
  • Thus, using such power tools in these industries will also stir the demand for power equipment batteries.

Global Power Equipment Batteries Market Report 2023: A $7.85 Billion Market by 2028 - Focus on Asian Manufacturing's Rising Influence & Industry 4.0 and Smart Manufacturing Trends

Retrieved on: 
Friday, September 1, 2023

DUBLIN, Sept. 1, 2023 /PRNewswire/ -- The "Power Equipment Batteries Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 1, 2023 /PRNewswire/ -- The "Power Equipment Batteries Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The global power equipment batteries market is expected to reach a value of $7.85 billion by 2028 from $5.6 billion in 2022, growing at a CAGR of 5.80% from 2022 to 2028
    The global power equipment batteries market is characterized by low market concentration and high competition among players.
  • These advances have supported the development of innovative and sophisticated cordless power tools and propelled the demand for power equipment batteries.
  • Equipment types of the powered equipment batteries market can be categorized as a driller, chainsaw, lawn mower, impact wrench, and other equipment.

North Arc Capital acquires Project 321

Retrieved on: 
Wednesday, October 12, 2022

MISSISSAUGA, ON, Oct. 12, 2022 /PRNewswire/ - North Arc Capital is pleased to announce that they have acquired the Project 321 brand and bicycle hub related assets from JLSO, Inc. Project 321 is the industry leader in high-engagement, magnetic-pawl mountain bike hubs.

Key Points: 
  • MISSISSAUGA, ON, Oct. 12, 2022 /PRNewswire/ - North Arc Capital is pleased to announce that they have acquired the Project 321 brand and bicycle hub related assets from JLSO, Inc. Project 321 is the industry leader in high-engagement, magnetic-pawl mountain bike hubs.
  • Project 321, Inc. ("Project 321") is a newly-formed, stand-alone entity that was incorporated to complete this acquisition.
  • "The reputation of the Project 321 brand, combined with the recently announced Stan's M-pulse hub supply deal, make Project 321 an ideal platform to enter the cycling industry.
  • www.northarccapital.com
    The Project 321 Holdings Inc. is a newly formed, stand-alone entity that was incorporated to acquire the Project 321 assets.

At 7.2% CAGR, Global Electrical Discharge Machine Market Size & Share to Surpass USD 8.21 Billion by 2028 | Industry Trends, Growth, Value, Opportunities, Statistics, Analysis & Forecast Report by Zion Market Research

Retrieved on: 
Thursday, June 16, 2022

Key Industry Insights & Finding of the Electrical Discharge Machine Market Reports:

Key Points: 
  • Key Industry Insights & Finding of the Electrical Discharge Machine Market Reports:
    As per the analysis shared by our research analyst, the Electrical Discharge Machine Market is expected to grow annually at a CAGR of around 7.2%(2022-2028).
  • Global Electrical Discharge Machine Market: Opportunities
    Increasing demand from medical device manufacturers offers a better growth opportunity for the expansion of the market.
  • Global Electrical Discharge Machine Market: Challenges
    Electrical discharge machine is a more expensive process compared to turning or milling posing a challenge to market growth.
  • Global Electrical Discharge Machine Market: Segmentation
    The global electrical discharge machine market is segregated based on type, application, end-user, and region.

Prototek Acquires Sac EDM & Waterjet

Retrieved on: 
Tuesday, January 18, 2022

The company will continue to operate in all current Prototek and Sac EDM locations, with more than 300 employees and more than 225,000 square feet of manufacturing workspace.

Key Points: 
  • The company will continue to operate in all current Prototek and Sac EDM locations, with more than 300 employees and more than 225,000 square feet of manufacturing workspace.
  • Dan Folk, President, and CEO of Sac EDM & Waterjet, Inc., will serve as Vice President of Wire EDM and Waterjet Cutting.
  • Folk will be a partner in the company's digital manufacturing growth strategy with Sac EDM & Waterjet, Inc. as the foundation of an aggressive growth plan.
  • Sac EDM currently operates a 26,000-square foot ISO 9001:2015 & AS 9100D certified and ITAR registered facility, offering a full array of CNC Machine capabilities; 5-Axis milling, turning, waterjet, and both wire and sinker EDM.

New Analysis from Global Industry Analysts Reveals Steady Growth for Electrical Discharge Machines (EDM), with the Market to Reach $7.9 Billion Worldwide by 2026

Retrieved on: 
Tuesday, October 5, 2021

SAN FRANCISCO, Oct. 5, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Electrical Discharge Machines (EDM) - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Oct. 5, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Electrical Discharge Machines (EDM) - Global Market Trajectory & Analytics" .
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • The U.S. Market is Estimated at $1.5 Billion in 2021, While China is Forecast to Reach $1.7 Billion by 2026
    The Electrical Discharge Machines (EDM) market in the U.S. is estimated at US$1.5 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Empowered Ventures Acquires Firstar Precision Corporation

Retrieved on: 
Monday, April 12, 2021

b"Empowered Ventures, an employee-owned holding company based in Carmel, IN., is pleased to announce the acquisition of Firstar Precision Corp. (Firstar), a precision machining company that serves the medical, aerospace, food processing, industrial assembly and hydraulics industries.\nFounded by David Tenny in 2000 and based in Brunswick, Ohio, Firstar manufactures custom components using high precision CNC mills, turning centers, wire EDM, gear shaping and laser etching machines.

Key Points: 
  • b"Empowered Ventures, an employee-owned holding company based in Carmel, IN., is pleased to announce the acquisition of Firstar Precision Corp. (Firstar), a precision machining company that serves the medical, aerospace, food processing, industrial assembly and hydraulics industries.\nFounded by David Tenny in 2000 and based in Brunswick, Ohio, Firstar manufactures custom components using high precision CNC mills, turning centers, wire EDM, gear shaping and laser etching machines.
  • Firstar\xe2\x80\x99s talented and tenured workforce has enabled the company to develop a reputation among its customers and within the industry for machining exceptionally tight tolerances and providing outstanding service.\n\xe2\x80\x9cI am thrilled to welcome Firstar, David, and his team to Empowered Ventures,\xe2\x80\x9d said Empowered Ventures CEO, Chris Fredericks.
  • We are thrilled to be part of the next phase of Firstar\xe2\x80\x99s journey.\xe2\x80\x9d\nWith the acquisition, Firstar\xe2\x80\x99s employees join the Empowered Ventures ESOP, which owns 100% of Empowered Ventures and its operating companies.
  • All employees of companies owned by Empowered Ventures join its employee ownership program.\nFounded in 2000, Firstar Precision Corp. is a full-service precision machining company located in Brunswick, OH.

Mitsubishi Electric Makes Dedicated Factory for Industrial Mechatronics

Retrieved on: 
Monday, March 1, 2021

Mitsubishi Electric Corporation (TOKYO:6503) announced today it will establish the Industrial Mechatronics Systems Works as of April 1, 2021 within the premises of the companys Nagoya Works in Nagoya, Japan.

Key Points: 
  • Mitsubishi Electric Corporation (TOKYO:6503) announced today it will establish the Industrial Mechatronics Systems Works as of April 1, 2021 within the premises of the companys Nagoya Works in Nagoya, Japan.
  • The functions which currently lay under Nagoya Works for development and manufacturing of computerized numerical controllers (CNCs), electrical discharge machines (EDMs) and laser processing machines will be transferred to the new Works, improving flexibility and speed in responding to customer needs.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20210228005046/en/

New Electrical Discharge Machine Market Research 2021-2025 | COVID-19 Industry Impact and Recovery | Technavio

Retrieved on: 
Thursday, January 21, 2021

The new electrical discharge machine market research from Technavio indicates negative growth in the short term as the business impact of COVID-19 spreads.

Key Points: 
  • The new electrical discharge machine market research from Technavio indicates negative growth in the short term as the business impact of COVID-19 spreads.
  • View the full release here: https://www.businesswire.com/news/home/20210121005399/en/
    Technavio has announced its latest market research report titled Global Electrical Discharge Machine Market 2020-2024 (Graphic: Business Wire)
    Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of the electrical discharge machine market.
  • As the markets recover, Technavio expects the electrical discharge machine market size to grow by USD 1.31 billion during the period 2020-2024.
  • The electrical discharge machine market is segmented by End-user (Machine shop, Aerospace & Defense, Medical, Automotive, and Others) and geography (APAC, North America, Europe, South America, and MEA).

Outlook on the Electrical Discharge Machines Global Market to 2027 - Featuring AAEDM, AccuteX Technologies & Beaumont Machine Among Others

Retrieved on: 
Tuesday, July 21, 2020

DUBLIN, July 21, 2020 /PRNewswire/ -- The "Electrical Discharge Machines (EDM) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, July 21, 2020 /PRNewswire/ -- The "Electrical Discharge Machines (EDM) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • This segment currently accounts for a 24.7% share of the global Electrical Discharge Machines (EDM) market.
  • The country currently accounts for a 27.04% share in the global market.
  • China, the world second largest economy, is forecast to reach an estimated market size of US$1.8 Billion in the year 2027 trailing a CAGR of 10.5% through 2027.