Waterjet Cutting Machines Market Size Is Booming So Rapidly | Finepart Sweden AB, Micro Waterjet LLC, Innomax AG, and Belotti S.P.A

Waterjet cutter is an industrial machine that uses high-pressure water cutting or a combination of water and abrasive material mixed in water to cut a variety of materials. Abrasive waterjets are used in processing hard materials such as granite, stones, and hard metals. Pure waterjets are used to process materials including rubber, textiles, and other soft materials. The adoption of waterjet cutting machines has increased in the manufacturing sector due to high manufacturing accuracy, flexible processing, high-quality consistency, and cold cutting without thermal influences.

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The waterjet cutting machine market has witnessed significant growth, worldwide, in the recent years, owing to the rapid growth in the manufacturing sector and rise in application of waterjet cutting machines among various sectors including automobiles, aerospace, mining, oil & gas, metal fabrication, power, and energy. However, growing concerns for water conservation among government, NGOs, and society along with high cost of waterjet cutting machines restrict the market growth. Moreover, government initiatives to involve SMEs in the manufacturing sector and economic growth in developing countries such as India, China, Japan, South Africa, and Brazil are expected to boost the waterjet cutting industry growth. Technological advancements in the waterjet cutting market such as 3D cutting, multi axis cutting, micro waterjet cutting, robotic jets, high pressured waterjet, and others are expected to create numerous opportunities for the market players. In addition, plummeting prices of waterjet machines and consumables such as abrasives are anticipated to provide huge growth opportunities for the waterjet cutting industry during the forecast period.

The global waterjet cutting machine market is segmented into technology, industry, and region. Based on technology, the market is divided into pure waterjet cutting technology and abrasive waterjet cutting technology. Based on industry, the market is divided into automotive, defense & aerospace, metal fabrication, electronics, textile, and others. The others segment comprises mining, construction, oil & gas, interior decoration, art, healthcare, food & beverage, and others. The market is segmented based on region into North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS

The study provides an in-depth analysis of the waterjet cutting machine market along with current trends and future estimations to elucidate the imminent investment pockets.
Information regarding key drivers, restraints, and opportunities along with their impact analyses of the waterjet cutting machine industry is provided in the report.
Porter's five forces analysis in the report illustrates the potency of buyers and suppliers participating in the global waterjet cutting machine market.
The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles & value additions at every stage.
Global waterjet cutting machine market share illustrates the global player positioning along with their latest developments.
The quantitative analysis of the global waterjet cutting machine market size from 2014 to 2022 is provided in the report to elaborate the market potential.

KEY MARKET PLAYERS

Dardi International Corporation
WARDJet, Inc.
Bystronic Laser AG
Colfax Corporation
OMAX Corporation
Jet Edge, Inc.
Resato International BV
Koike Aronson, Inc.
Shape Technologies Group
Hypertherm, Inc.

OTHER COMPANIES MENTIONED IN THE REPORT:

Flow International Corporation, SpaceClaim Corporation, KMT Waterjet, Yaskawa Electric Corporation, Finepart Sweden AB, Micro Waterjet LLC, Innomax AG, and Belotti S.P.A, Phenix Technologie, Metronics Technologies S.a.r.L., HYDRAjet Technology Corporation, Waterjet Corporation, MicroStep Group, Stainless Technologies, Esaja Limited., Intacomp cc.

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KEY MARKET SEGMENTS

The waterjet cutting machine market is segmented on the basis of technology, industry, and geography.

BY TECHNOLOGY

Pure Waterjet Cutting Technology
Abrasive Waterjet Cutting Technology

BY INDUSTRY

Automotive
Defense and Aerospace
Metal Fabrication
Electronics
Textile
Others (Mining, Construction, Oil & Gas, Interior Decoration, Art, Healthcare, and Food & Beverage)

BY GEOGRAPHY

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

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