According to Stratistics MRC, the Global Waterjet Cutting Machine Market is accounted for $1.04 billion in 2020 and is expected to reach $1.95 billion by 2028 growing at a CAGR of 8.2% during the forecast period. Growing adoption across industries, rise of automotive industry and high operational excellence are driving the market growth. However, high ownership costs are hampering the growth of the market.
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Based on the end user, the automotive segment is going to have lucrative growth during the forecast period as the waterjet cutting machines are used for the interior and exterior cutting of liners, door & instrument panels, headliners, carpets, seats, composite parts, and castings of vehicles. By geography, North America is going to have high growth during the forecast period which can be attributed to the large industrial base and high production capacity of companies in the region.
Some of the key players profiled in the Waterjet Cutting Machine Market include A Innovative International Ltd., Caretta Technology s.r.l., CMS Industries, DARDI International Corporation, Flow International Corporation, Foshan Yongshengda Machinery Co., Ltd., H2O Jet, Hornet Cutting Systems, Hypertherm Inc., International Waterjet Machines, Jet Edge, Inc., KMT Waterjet, Koike Aronson, Inc., Metronics Technologies S.L. and OMAX Corporation.
Types Covered:
• Abrasive
• Pure
Pump Types Covered:
• Direct Drive Pump
• Intensifier Pump
Horsepowers Covered:
• 0 to 50 HP
• 51 to 100 HP
Pressure Ranges Covered:
• Upto 4200 Bar
• More Than 4200 Bar
Machine Sizes Covered:
• Large
• Medium
• Small
Structures Covered:
• Cantilever Type
• Integral Gantry Type
• Large Gantry Type
• Split Gantry Type
Offerings Covered:
• Hardware
• Software
• Services
Product Types Covered:
• Micro Waterjet Cutting Machines
• One Dimensional Cutting Machines
• Robotic Waterjet Cutting Machines
• Three Dimensional Cutting Machines
• Two Dimensional Cutting Machines
Applications Covered:
• Ceramic/Stone Cutting
• Fiberglass Cutting
• Foam Product Cutting
• Gasket Cutting
• Glass/Metal Cutting
End Users Covered:
• Aerospace & Defense
• Automotive
• Electrical & Electronics
• Food & Beverage Processing
• Healthcare & Medical Devices
• Machine Manufacturing
• Metal Fabrication
• Textile
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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