The waterjet cutting machine market continues to expand, with Sugino Machine launching a new device that cuts with ultra-high pressure water from an ultra-fine nozzle

Waterjet Cutting Machine Market Forecast : The global Waterjet Cutting Machine Market, is estimated to account for US$ 1,745.4 Mn in terms of value by the end of 2019 and is expected to grow at a CAGR of 8.9% during the forecasted period (2019-2027), as highlighted in a report published by Coherent Market Insights.

𝗥𝗲𝗽𝗼𝗿𝘁 𝗣𝗮𝗴𝗲𝘀: [130 Pages]

A water jet cutter sometimes referred to as a water jet cutter or water jet cutting machine, is an electrical tool capable of cuttings various materials with a high-speed jet of water, either at a low-pressuring rate or by a combination of water and an in-built abrasive material. The pressure generated by the water jet cutting device is usually sufficient to clean any surface to a great extent, and this type of cutting can be used for a number of different purposes, including cutting out pieces of sheet metal, stainless steel, or any other type of metal.

Rapid growth automobile sector is expected to drive growth of the global waterjet cutting machine market. Waterjet cutting machine has witnessed rampant demand over the years typically from the automobile industry. According to the International Organization of Motor Vehicle Manufacturers (OICA), global car sales reached 95 million units in 2018, increasing from 75 million units in 2010. The automobile industry requires accurate and precise cutting with very stringent cutting tolerance. Waterjet cutting machine offers optimum accuracy with superior quality and is more cost-effective than contemporary solutions. Furthermore, the automobile sector is evolving rapidly with innovative designs and techniques being introduced. Hence, such factors are expected to drive growth of the global waterjet cutting machine market. Furthermore, high demand in aerospace and medical industries is expected to propel the global waterjet cutting machine market growth in the near future. Waterjet cutters are an adequate solution for in aerospace as well as medical sector since it does not generate heat and mechanical stresses, which removes the necessity for secondary operations. Besides, waterjet cutters offer significant advantages over conventional technologies, especially for medical applications without hampering structural properties of the material.

Major Players in Current Industry: WARDJet, STM Stein-Moser GmbH, International Waterjet Machines, Sugino Machine Limited, OMAX Corporation, Jet Edge, Inc., Caretta Technology s.r.l., DARDI International Corporation, TrennTek GmbH, PTV, spol. s.r.o., Semyx, LLC, Foshan Yongshengda Machinery Co., Ltd., Plasma Automation Inc. (VICON), KMT Waterjet, Hypertherm Inc. (Accustream), AKS Cutting Systems, A Innovative International Ltd., Metronics Technologies S.L., Hornet Cutting Systems, Water Jet Sweden, Koike Aronson, Inc., CMS Industries, and TECHNI Waterjet.

𝗚𝗼 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝗱𝗲𝘁𝗮𝗶𝗹 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗮𝗯𝗼𝘂𝘁 𝗪𝗮𝘁𝗲𝗿𝗷𝗲𝘁 𝗖𝘂𝘁𝘁𝗶𝗻𝗴 𝗠𝗮𝗰𝗵𝗶𝗻𝗲 𝗠𝗮𝗿𝗸𝗲𝘁
https://www.coherentmarketinsights.com/market-insight/waterjet-cutting-machine-market-3290

Slow adoption of waterjet cutters in certain regions coupled with high capital cost of ownership is expected to restrain growth of the global waterjet cutting machine market in the near future. However, the introduction of robotic waterjet with superior precision and increasing demand from the wind energy sector can provide significant business opportunities for market players in the near future. Among regions, Asia Pacific is expected to witness significant growth in the global waterjet cutting machine market. This is owing to rapid industrialization and positively growing economic conditions in emerging economies such as India, South Korea, and China. Furthermore, Europe is expected to register a robust growth rate, owing to rising adoption of energy-efficient technologies in the region.

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