Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Waterjet Cutting Machine Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.3% during the review period (2022 to 2027).
Waterjet cutting machines are extremely adopted in industries such as automotive, aerospace, electronics, textile, construction, and mining. These machines are used in the automobile industry to cut titanium and steel and other metals. These machines are used for production of metal gaskets for vintage automobiles, disc brakes, clutches, and other components for racing cars, custom vehicle bodywork, and delicate fittings and brackets. These waterjet cutting machines are used for a variety of tasks in the electronics industry, including circuit board cutting and design, control panels, generator components, electrical enclosures, and other related equipment. Such wide range of applications is anticipated to provide worthwhile growth in the market. There has been slow adoption of waterjet cutting technologies in emerging economies. This is majorly due to cost-sensitivity and lack of trained professionals in the region, which in turn, is hindering the market growth significantly.
Industry Development:
OMAX unveils OptiMAX, its most advanced waterjet ever
01/03/2022: Hypertherm’s OMAX Corporation introduced its most advanced waterjet ever, the OptiMAX®, a new generation of waterjet designed to quickly turn prints into parts while relying less on highly experienced operators.
The Foldable Intermediate Bulk Containers (IBC) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes A. Innovative International Limited, Colfax Corporation, Dardi International Corporation, Flow International Corporation (Shape Technologies Group), Hornet Cutting Systems, Hypertherm Inc., Jekran Ltd., Jet Edge Inc., KMT GmbH, Koike Aronson Inc., Lincoln Electric Holdings Inc., Semyx LLC and Wardjet LLC (AXYZ International Inc.) and others.
Waterjet Cutting Machine Market is segmented based on the Type , applications, End users, companies and regions.
The U.S is anticipated to dominate the global waterjet cutting machine landscape, accounting for a revenue share of 35% from 2022 to 2027. Early are leveraging waterjet cutting machines to curtail the energy consumption and maximize precision of corners, bevels, holes, and shapes. China is likely to emerge as an opportunistic market. Owing to growing investment in automotive and manufacturing sectors as well as consistent advent of new technologies, waterjet cutting machine market in China has outpaced other countries.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 6.3% during the review period (2022 to 2027). |
By Types |
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By End User |
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By Companies | A. Innovative International Limited, Colfax Corporation, Dardi International Corporation, Flow International Corporation (Shape Technologies Group), Hornet Cutting Systems, Hypertherm Inc., Jekran Ltd., Jet Edge Inc., KMT GmbH, Koike Aronson Inc., Lincoln Electric Holdings Inc., Semyx LLC and Wardjet LLC (AXYZ International Inc.) |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 118 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Waterjet Cutting Machine Market is studied from 2017 - 2027.
What is the growth rate of Waterjet Cutting Machine Market?
The Waterjet Cutting Machine Market is growing at a CAGR of 6.3% over the next 5 years.
Who are the leading key players in Waterjet Cutting Machine Market?
A. Innovative International Limited, Colfax Corporation, Dardi International Corporation, Flow International Corporation (Shape Technologies Group), Hornet Cutting Systems, Hypertherm Inc., Jekran Ltd., Jet Edge Inc., KMT GmbH, Koike Aronson Inc., Lincoln Electric Holdings Inc., Semyx LLC and Wardjet LLC (AXYZ International Inc.)
What regions regions does this Waterjet Cutting Machine Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant Types of Waterjet Cutting Machine Market?
Abrasive Waterjet Cutting Machines, Non Abrasive Waterjet Cutting Machines
What are the significant Application of Waterjet Cutting Machine Market?
Automotive, Metal Fabrication, Electronics, Aerospace, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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