openPR Logo
Press release

Global Waterjet Cutting Machines Market to Approach US$ 2.7 Billion by 2024 : Persistence Market Research

Waterjet Cutting Machines Market

Waterjet Cutting Machines Market

Considering the fact that cutting will remain a crucial operation across various industrial verticals, companies are compelled to adopt the most efficient machines that will serve this purpose. Waterjet cutting machines are likely to be at the top of this list, and are widely used for cutting wide range of materials without the use of abrasives. Persistence Market Research projects that towards the end of 2024, the value of global waterjet cutting machine market is likely to get doubled, reflecting a raise from US$ 1.37 Bn in 2016 to US$ 2.7 Bn.

Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/12139

During this forecast period, the global market for waterjet cutting machines will exhibit a value CAGR of 8.9%. According to Persistence Market Research’s report, titled “Waterjet Cutting Machine Market: Global Industry Analysis and Forecast, 2016-2024,” the global waterjet cutting machine market will also witness sizeable growth in terms of sales. In 2016, the global sales of waterjet cutting machines surpassed 13,600 units. By the end of 2024, the global market for waterjet cutting machine is anticipated to record sales of 25,872 units, registering a volume CAGR of 8.3%.

The report also reveals that North America will be the largest market for waterjet cutting machines. With more than 35% share in global revenues, North America’s waterjet cutting machine market will dominate the global market throughout the forecast period. US-based companies such as WARDJet, International Waterjet Machines, OMAX Corporation, Semyx, LLC, Plasma Automation Inc. (VICON), Hypertherm Inc. (Accustream), Hornet Cutting Systems, Koike Aronson, Inc., KMT Waterjet, and Jet Edge, Inc. are profiled among the market’s key players in the report.

Request to view Table of Content @ http://www.persistencemarketresearch.com/market-research/waterjet-cutting-machines-market/toc

With over 15% share in global waterjet cutting machine market value, Europe is also expected to be at the forefront of market expansion. Caretta Technology s.r.l., TrennTek GmbH, CMS Industries, Water Jet Sweden, Metronics Technologies S.L., PTV, spol. s r.o., and STM Stein-Moser GmbH are European companies actively participating in the growth of global waterjet cutting machine market. However, North America and Europe’s presence in the global waterjet cutting machine market will witness marginal dip towards the end of the forecast period. Meanwhile, the waterjet cutting machine market in Asia-Pacific (APAC) region will record fastest revenue growth at 10% CAGR. The report has also assessed that waterjet cutting machines are available at the lowest price across the APAC countries. This is certainly expected to boost the sales for companies such as Sugino Machine Limited, DARDI International Corporation, Foshan Yongshengda Machinery Co., Ltd., TECHNI Waterjet, and A Innovative International Ltd., which are also major contributors to the market’s overall growth.

To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/12139

The global waterjet cutting machine market is also anticipated to witness rampant sales of intensifier pumps. Since intensifier pumps will be observed as top-selling products in the global waterjet cutting machine market, they are likely to showcase revenue growth at 8.9% CAGR during the assessment period. In 2017 and beyond, a little over 55% of the market’s revenues will be accounted by application of waterjet cutting machines in two-dimensional cutting. In 2016, more than 6,500 waterjet cutting machines were sold across the world for 2D cutting applications. Likewise, over 70% of waterjet cutting machine sales will be attributed by high demand for machines with a pressure range of up to 4200 Bar. Metal fabrication and automotive are expected to be recognized as largest end-user industries for waterjet cutting machines. Revenues arising from these two end-users are predicted to showcase CAGRs of 9% and above.

About Us

Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients business needs.

PMR stands committed to bringing more accuracy and speed to clients business decisions. From ready-to-purchase market research reports to customized research solutions, PMRs engagement models are highly flexible without compromising on its deep-seated research values.

Contact Us

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web: www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Waterjet Cutting Machines Market to Approach US$ 2.7 Billion by 2024 : Persistence Market Research here

News-ID: 533963 • Views:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for Water

Water Trading Market Size in 2023 To 2029 | Severn Trent, Calgon Carbon, Murray …
The Water Trading report provides a comprehensive analysis of market drivers, limitations, and opportunities, offering a clear and comprehensive view of the market. It thoroughly evaluates market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of key players. The report also highlights the business manufacturing activities of major manufacturers, accompanied by relevant technical data. Additionally, the report presents a detailed overview of the competitive landscape of the
water bikes market, global water bikes market, water bikes industry, water bike …
Prominent water bike manufacturers are focussing on product innovations for experience of the consumer and for that, strategic analysis, collaborations and mergers, joint acquisitions, product launched are done by these manufacturers for taking care of their leading positions in the water bikes industry. Key Developments in Water Bikes Industry In January 2020, World’s first hydro e-bike named as Hydrofoiler-XE1 by Manta 5 was launched. The bike doesn’t have wheels and instead it
Mobile Water Treatment Systems market-Veolia Water Technologies, GE Water, Evoq …
Garner Insights recently released Global Mobile Water Treatment Systems Market research study with over 100 industry informative desk and Figures stretched through Pages and self-explanatory detailed TOC on “Mobile Water Treatment Systems Market”. Global Mobile Water Treatment Systems market 2019 research assists you to attain positive growth and try out different methods for maximizing your profit. The market study gives estimates for Global Mobile Water Treatment Systems Market 2019 analysis and Forecast till 2025. Some
Water Network Management, Water Network Management trends, Water Network Managem …
MarketStudyReport.com adds a new 2018-2023 Global Water Network Management Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. This report presents a comprehensive overview, market shares, and growth opportunities of by Water Network Management product type, application, key manufacturers and key regions. Over the next five years, Water Network Management will
Bailley Drinking Water – Healthy Water – Safe Water
-Although water covers 70% area of Earth and it is the most necessary element for the survival, yet it is not available in abundance for drinking. Thus, Bailley turns out to be supplying high quality drinking water across India since its launch in 1993. Bailley packaged water is bottled in 52 state-of-the-art plants across India. Targeting various category of consumers & occasions, Bailey Water Bottle is satisfying their needs. There
Mobile Water Treatment Market presents strong revenue visibility | Evoqua Water …
Global Info Reports render to you profound details in respect to leading participants, regions, application and type of the Mobile Water Treatment Market which is estimated to encounter substantial growth over the forecast period 2018-2025. Market Outlook: The market report based on our unique research methodology delivers thorough analytical scrutiny of the Global Mobile Water Treatment Market dispersed across several segments. The report also consists of current size and summary of the