Waterjet Cutting Machines Market Overview:
Waterjet Cutting Machines Market are used to cut a wide array of materials using high pressure water cutting or mixture of abrasive and water. These are used to cut materials such as paper, textile, metal, stone, granite, and others. These machines find applications in automotive, electronics, aerospace, textile, food, construction, mining industries, and others. In the automotive sector, these machines are used for cutting steel, titanium, and other metals, as well as headliners, carpets, and door panels. These are used in the production of metal gaskets for antique automobiles, clutch, brake disks, and other components for racing cars, custom vehicle bodies, and intricate decorative fittings & brackets. These machines have applications in a variety of tasks in the electronics sector such as cutting & designing of circuit boards, electrical enclosures, control panels, components for generators, and other similar equipment. The introduction of advanced technologies, such as multi axis waterjet cutting as well as 3D cutting, would ease the waterjet cutting process to increase its penetration, worldwide. Newer innovations, such as micro waterjet cutting and nanojet cutting, would supplement the growth of the global waterjet cutting machine market. Market players have developed waterjet cutting machines at low prices to cater to the needs of a wider customer base.
The leading players profiled in the report include Dardi International Corporation, WARDJet, Inc, Bystronic Laser AG, Colfax Corporation, OMAX Corporation, Jet Edge, Inc., Resato International BV, Koike Aronson, Inc., Shape Technologies Group, and Hypertherm, Inc.
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 and gas, interior decoration, art, healthcare, food & beverage, and others. The market is segmented on the basis of geography into North America, Europe, Asia-Pacific, and LAMEA.
Global Waterjet Cutting Machine Market: Top Investment Pockets
The above graph represents the growth potential of the global waterjet cutting machine market across various industry vertical such as automotive, defense & aerospace, electronics, metal fabrication, textile, and others. Presently, the automotive industry generates the highest revenue in the global waterjet cutting machine industry. However, the others segment is expected to grow at the fastest CAGR during the forecast period.
Presently, automotive segment dominates the global waterjet cutting machine market due to increase in need for automation. Stringent norms related to manufacturing of automotive along with growing need to deliver high quality products has fueled the adoption of waterjet cutting in the automotive industry.
The defense & aerospace segment provides lucrative opportunities for players to increase their waterjet cutting machine market share, and is expected to drive the global waterjet cutting machine industry in the coming years. Waterjet cutting is used in aerospace sector for designing and cutting hard metals such as steel, titanium, glass, and others. Micro waterjet cutting is increasingly being used in the defense & aerospace sector for obtaining higher cutting speeds, and precision while manufacturing aircraft components.
The others segment comprising mining, construction, oil & gas, interior decoration, art, healthcare, and food & beverage is expected to grow at a rapid rate during the forecast period, owing to the increasing scope of applications, faster cutting speeds, and enhanced precision.
- The study provides an in-depth analysis of the global waterjet cutting machine market along with current trends and future estimations to elucidate the imminent investment pockets.
- The report provides information regarding the key drivers, restraints, and opportunities along with their impact analyses.
- Quantitative analysis of the global waterjet cutting machine market size and forecast for the period of 20142022 is provided in the report to highlight the financial appetency of the industry.
- Porters five forces analysis in the report illustrates the potency of buyers and suppliers participating in the industry.
- Value chain analysis provides a clear understanding on the roles of stakeholders in the value chain.
Waterjet Cutting Machines Market Key Segments:
The waterjet cutting machine market is segmented on the basis of technology, industry, and geography.
- Pure Waterjet Cutting Technology
- Abrasive Waterjet Cutting Technology
- Defense and Aerospace
- Metal Fabrication
- Others (Mining, Construction, Oil & Gas, Interior Decoration, Art, Healthcare, and Food & Beverage)
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East
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..r.L., HYDRAjet Technology Corporation, Waterjet Corporation, MicroStep Group, Stainless Technologies, Esaja Limited., Intacomp cc.