$ 1.5 Billion Waterjet Cutting Machine Markets by Offering (Hardware, Software, Services), Waterjet (Abrasive, Non-abrasive), Product Type (Micro, 3D, Robotics) – Forecast global until 2026 – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD) – The “Market for waterjet cutting machines with COVID-19 impact by offer (hardware, software, services), waterjet (abrasive, non-abrasive), type of product (micro, 3D, robotics ), industry (automotive, aerospace, food)) and the Region – Global Forecast to 2026 report “has been added to ResearchAndMarkets.com offer.

The waterjet cutting machine market is expected to grow from USD 1.1 billion in 2021 to USD 1.5 billion by 2026; it is expected to grow at a CAGR of 6.2% from 2021 to 2026.

The growth of the waterjet cutting machine market is driven by high operational excellence, an increase in the adoption of waterjet cutting machines in all sectors and the growth of the automotive industry. In addition, the growing demand from the emerging economies of APAC is likely to fuel the growth of the market.

The abrasives segment is expected to account for the largest share of the waterjet cutting machine market during the forecast period.

Abrasive waterjet cutting machines use abrasive materials in the high pressure waterjet to cut the materials. These machines are used for cutting applications such as cutting glass, metal, stone and tile. They are used in industries such as aerospace and defense, automotive and metal fabrication.

3D Waterjet Cutting Machine Market Expected To Grow At The Highest CAGR During The Forecast Period

3D waterjet cutting machines are suitable for all manufacturing processes involving 3D cutting. Highly productive and precise waterjet cutting of 3D components is now possible with such machines. Waterjet cutting systems are widely used in aerospace and automotive industries, as well as in prototype development applications of various industries.

The automotive waterjet cutting machine industry is expected to grow at the highest CAGR during the forecast period.

Waterjet cutting machines are used for interior and exterior cutting of roof trim, carpet, liners, dumpers, door panels and instruments, seats, composite parts and castings vehicles. The use of waterjet cutting machines improves the flexibility of cutting equipment and facilitates automation for the automotive industry, which is driving the growth of the waterjet cutting machine market for this industry.

North America held the largest share of the global waterjet cutting machine market during the forecast period.

The region has experienced rapid growth in sectors such as automotive, electronics, food and aerospace. The growth of this market can be attributed to the large industrial base and the high production capacity of the companies in the country.

The United States is one of the largest automotive markets in the world and is home to several auto manufacturers, which is driving demand for waterjet cutting machines used to cut headliner, door panels, carpets. , liners, dumpers, composite parts and castings. In addition, industries such as aerospace and defense and power supply provide good opportunities for waterjet cutting machines as they are used to cut various materials.

The major players in the waterjet cutting machine market are Colfax (US), Omax (US), Flow (US), Koike Aronson (US), Wardjet (US) , Lincoln Electric (United States), Techni Waterjet (Australia), Dardi (China), KMT (United States), Waterjet Sweden (Sweden), Innovative (India).

Market dynamics

Conductors

  • High operational excellence

  • Increased adoption of waterjet cutting machines in all industries

  • Growth of the automotive industry

Detention

Opportunities

  • Growing demand for waterjet cutting machines from APAC industries

  • Growing adoption of industrial automation in SMEs

Challenge

  • Development of profitable technologies

Case study

  • Use case 1: Jet Edge helped Jacquet deliver metal parts with greater precision

  • Use case 2: Hydrocut helped Milacron reduce required secondary process

Technological trends

  • Predictive maintenance

  • Digital twins

  • Robotics

  • Advanced software

  • Artificial intelligence

Companies mentioned

  • An Innovative International

  • Precision

  • Colfax Corporation

  • Dardi

  • International feed

  • Foshan Yongshengda machines

  • Hornet Cutting Systems

  • International waterjet machines

  • Jekran

  • Jet edge

  • Kimtech

  • KMT

  • Koike Aronson

  • LDSA

  • Lincoln Electric

  • Mechanical

  • Meyer micro water jet

  • Microsteps

  • Omax

  • Resato International

  • Semyx

  • STM water jet

  • Water jet

  • Jet d’Eau Technician

  • Guard throw

  • Water jet company

  • Water jet Sweden

For more information on this report, visit https://www.researchandmarkets.com/r/46a8b7


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