Press release
2025-2034 Waterjet Cutting Machine Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Waterjet Cutting Machine Market Through 2025?
The market size for waterjet cutting machines has witnessed a rapid escalation over the recent years. Its expected market growth forecast projects an expansion from $1.45 billion in 2024 to a massive $1.6 billion by the end of 2025 at a compound annual growth rate (CAGR) of 10.2%. This notable growth observed in the historic period can be attributed to numerous factors such as an upsurge in the automotive industry, an increasing demand for tailor-made products, a high volume demand circulating from the industrial sector, the requirement for precise and intricate cutting across various sectors, as well as the increased investments funneled into constructing top-tier manufacturing infrastructure.
What's the Projected Size of the Global Waterjet Cutting Machine Market by 2029?
Anticipated to witness expedited growth over the upcoming years, the market size of waterjet cutting machines is projected to bolster to $2.46 billion by 2029, indicating a compound annual growth rate (CAGR) of 11.3%. The predicted development during the projected period can be ascribed to various factors such as wide-ranging applications for diversified materials, the emergence of robotic cutting, government's heightened focus on pure waterjet technology adoption, growing uptake in budding markets, and expansion in aerospace and defense sectors. Noteworthy trends for the projected period encompass the advent of new software intelligence, integration with industry 4.0, 3D and micro waterjet cutting, along with eco-friendly cutting technologies.
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Top Growth Drivers in the Waterjet Cutting Machine Industry: What's Accelerating the Market?
The surge in demand for eco-friendly cutting techniques is notably fuelling the expansion of the waterjet cutting machine market. Strict governmental regulations concerning the application of chemical liquids in manufacturing processes, as well as the growing commitment of companies to maintain sustainable practices, have resulted in a shift toward utilizing green cutting approaches in industries such as automotive, mining, electronics, construction, packaging, and textiles. To highlight, the European Commission in 2022 implemented a draft regulation aimed at standardizing conditions for the marketing of construction materials. This proposed regulation was among a suite of suggestions intended to position sustainable products as the standard in the EU, promote circular business frameworks, and equip customers for the green transition.
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What Are the Key Trends Driving Waterjet Cutting Machine Market Growth?
The impact of cutting fluids on the environment during machining procedures is negative. Thus, the majority of eco-conscious machining studies and developments focus on reducing the usage of such fluids or substituting them with greener alternatives. Consequently, the numerous benefits result in an increased demand for sustainable cutting processes and methods, predicted to boost the expansion of the waterjet cutting machine market in the future.
What Are the Main Segments in the Waterjet Cutting Machine Market?
The waterjet cutting machinemarket covered in this report is segmented -
1) By Product: 3D Waterjet Cutting Machines, Micro Waterjet Cutting Machines, Robotics Waterjet Cutting Machines
2) By Technology: Pure, Abrasive
3) By Pump Type: Direct Drive Pump, Hydraulic Intensifier Pump
4) By Application: Exotic metal and Non-Traditional Material Cutting, Ceramic/Stone Cutting, Glass/Metal Art, Gasket Cutting, Other Applications
5) By Industry: Electronics, Metal Fabrication, Automotive, Aerospace, Food Processing, Textile, Other Industries
Subsegments:
1) By 3D Waterjet Cutting Machines: Multi-Axis 3D Waterjet Cutters, 3D Abrasive Waterjet Systems
2) By Micro Waterjet Cutting Machines: Precision Micro Waterjet Systems, Desktop Micro Waterjet Cutters
3) By Robotics Waterjet Cutting Machines: Robotic Arm Waterjet Cutters, Automated Waterjet Cutting Systems
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Which Top Companies are Driving Growth in the Waterjet Cutting Machine Market?
Major companies operating in the waterjet cutting machine market include Flow International Corporation, Bystronic Inc., Water Jet Sweden AB, Waterjet Corporation S.R.L., Dardi International Corporation, Wardjet, Koike Aronson Inc., Techni Waterjet, Huffman, Jekran Ltd., Lincoln Electric, STM waterjet, International Waterjet Machines, Foshan Yongshengda Machinery, Accurl, LDSA, Resato International, KMT Waterjet Systems Inc., Jet Edge Inc., ESAB, Hypertherm Inc., AccuStream, WSI Waterjet Systems International, A Innovative International Ltd., A&V Waterjet, Advanced Cutting Systems, Aqua-Dyne Inc., Calypso Waterjet Systems, CMS Industries, CTR Lasers, Flow Asia Corporation
Which Regions Will Dominate the Waterjet Cutting Machine Market Through 2029?
North America was the largest region in the waterjet cutting machine market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the waterjet cutting machine market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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