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Water Jet Cutting Machine Market Detailed Analysis by SWOT Analysis, Statistical Analysis, Future Scope, Driving Innovations and Forecast by 2029
Based on previous market performance, the Water Jet Cutting Machine market is expected to reach USD 1.84 billion in size by 2029. With a 6.1% CAGR.Water Jet Cutting Machine Market Overview:
Due to its adaptability in cutting a variety of materials, including metals, composites, glass, and combustible materials, waterjet cutting technology is becoming more and more popular among industries. The machine can cut steel plates up to 10 inches thick using only pure water or water and an abrasive substance. The global waterjet cutting machine market is likely to increase at a steady rate over the next years, with the vehicle industry expected to experience moderate expansion.
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For cutting headliners, carpets, liners, dumpers, door and instrument panels, seats, composite parts, and castings of cars, waterjet cutting equipment are employed. The usage of waterjet cutting machines enhances the adaptability of cutting tools and facilitates automation for the automobile sector, which propels the market for these machines to develop.
Based on our expert's analysis the players that are leading the market includes: Colfax Corporation, Conzzeta (Bystronic Laser AG), Dardi International Corporation, Flow International Corporation (Shape Tech Group), KMT Waterjet, OMAX Corporation, Resato International B.V., Jet Edge, and Wardjet, Belotti SPA and Others.
The whole market is segmented as follows:
Water Jet Cutting Machine by Type, 2020-2029, (USD Million) (Thousand Units)
Abrasive Waterjet Cutting Machines
Non-Abrasive Waterjet Cutting Machines
Water Jet Cutting Machine by Dimension Cutting, 2020-2029, (USD Million) (Thousand Units)
One Dimensional Cutting
Two-Dimensional Cutting
Others
Water Jet Cutting Machine by End User Industry, 2020-2029, (USD Million) (Thousand Units)
Automotive
Metal Fabrication
Electronics
Aerospace
Others
Industry Developments:
The ShopJet, a brand-new waterjet cutting device, was introduced by Koike Aronson in June 2020. The device supports a variety of cutting applications at an affordable price.
AXYZ Group's WARDJet line of waterjet cutting equipment received an exclusive 5-axis cutting head in April 2020. Apex-60 is the name of the new system. With a cutting force of 39N and a top speed of 50.8 m/min, the system can cut at angles up to 60 degrees.
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Water Jet Cutting Machine Market' s top organizations are operating in a dynamic set-up, wherein they are required to incorporate unprecedented advances to reap benefits from the latest and upcoming information technologies and industry trends.
Regional Analysis:
This report is segmented into several key Regions, with production, consumption, revenue and market share and growth rate of Water Jet Cutting Machine Market. These regions, from 2022 To 2029, covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and ROW.
Our Market Intelligence reports give our clients the information they need to maintain a competitive edge in the marketplace. Competitor Analysis and Profiling studies delve further into a company's competitive strengths and shortcomings. Market assessments conducted by SIS reveal market opportunities, size, and viability.
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