Waterjet Cutting Machine Market, by Pump Type (Direct Drive Pump and Intensifier Pump), by Application (One Dimensional Cutting, Two Dimensional Cutting and Three Dimensional Cutting), by Pressure Range (Less than 4200 bar and Greater than 4200 bar), by End Use Industry (Metal Fabrication, Automotive, Ceramics, Electronics, Paper and Pulp And Others) and by Geography (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
A waterjet cutter or also referred to as water jet is an industrial machine that utilizes high pressure water stream or mixture of water and abrasive substance to cut wide range of materials from granite to titanium. There are two types of waterjet cutting machines namely pure waterjet and abrasive waterjet. Waterjet cutting machine is often used during fabrication of machine parts and is also used when the materials used are sensitive to high temperatures generated by other methods. Waterjet cutting machine finds application in the aerospace and mining industry for cutting, reaming, and shaping purposes. The global waterjet cutting machine market is segregated on the basis of pump type, application type, pressure range, End-use Industry industries, and regions.
The global waterjet cutting machine market is estimated to account for US$ 1,919.1 Mn in terms of value by the end of 2021.
Market Dynamics
Growing automobile and construction industry across the global is expected to drive the market growth during the forecasted period (2022-2030). As waterjet cutting machine are generally used for cutting of materials, dashboards and bumpers of vehicles in automotive industry. Furthermore, the robotic water jets offer versatility of applications such as cutting, drilling, and cleaning. Automated waterjets are extensively used in high-precision industries such as electronics, aerospace, food, and automotive. Robotic waterjet eliminates secondary operations, eventually saving time and cost for the organizations Moreover, abrasive waterjet cutting with five-axis or six-axis motion control is extensively preferred in aerospace industry for precision metal cutting of components, titanium, etc. Waterjet cutting technology is an ideal solution, since it does not generate heat and mechanical stresses that eliminate need for secondary operations. Considering all the above factors the demand for waterjet cutting machine market is expected to grow during the forecasted period.
Key features of the study:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook