Dial EDM,
Over the past few years, many shops have tried to diversify into other industry markets (for survival), and Medical applications by far have shown the most growth. At Makino, we have seen sales from both customers that are dedicated almost 100% to medical; to people entering into the medical world for the 1st time with production based EDMing. The established medical manufacturers have been looking to upgrade and improve their EDM capabilities, while the newcomers are starting from scratch. In both cases, we have seen a high requirement from these customers for specialized engineering services and support.
The Aerospace Industry is another growth area for EDM, but these applications vary widely. We have also seen high requirements for Turn-Key services in this sector as well. The Aerospace Industry in general has been very SLOW to re-examine EDMing as a machining solution. There are VERY STRICT guidelines on how many parts are made and how they can use EDM, and these rules are 30+ years old. I'm sure I don't need to state all the advancements and improvements that have happened in ALL EDM systems over the past 30 years, so the Aero-Industry in general tends to treat EDMing as a Hammer and Anvil type process. We have seen a trend for many of the younger Aerospace Engineers be willing to examine the EDM process in detail as a solution to machining many of the newer alloy materials. At any rate, this entails a mountain of paperwork and lengthy certification process which examines the material metallurgical characteristics after EDMing...such as HAZ (Heat Affect Zone), Recast, and Micro-Cracking.
From my viewpoint, the Medical Industry is a lot easier to get into than the Aerospace Industry. The Aero-Industry is very strict on what manufacturing methods are used (process control), and they use many ISO and NAPCAP standards for everything. It would be almost impossible to open the doors to this industry without knowing how these control systems work, but once you are in and established, more doors will open.
As for my opinions to your comment about [Being in the industry, do you think a "wire shop" with no other machining capabilities is something that can continue to survive?], there is most certainly a future, but methods and requirements for future business will change. If you only offer Wire EDM capabilities, you will most definitely have to specialize in a particular “niche” area to survive. As long as you do good quality work and deliver on-time, I would almost bet that your customers would ask you to expand your machining capabilities and do other work…I have seen this many times! In looking at the Medical and Aero Industries, you do somewhat have to “Pay” to “Play”. Both these industry sectors require and mandate that your operations be ISO certified. Beyond this, there this also other equipment that might be necessary to do business in this area, such as secondary finishing and inspection equipment.
-Brian