Waterjet Cutting Machines Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Waterjet Cutting Machines Market
The waterjet cutting machines market size was valued at USD 1.03 billion in 2019, and the market is now projected to grow from USD 1.03 billion in 2019 to USD 2.30 billion by 2032, exhibiting a CAGR of 5.7% during the forecast period of 2019-2032.
Robotic waterjets are gaining popularity in complex and curved elements slicing methods in industries like aerospace, automobile, and strength and energy. They obtain efficiency and productivity in real-time, reducing hard work prices. These machines are equipped with shrewd CAD/CAM/Control software, permitting one operator to run multiple systems. The potential to run semi-attended further boosts the waterjet cutting machines market growth, as store owners are increasingly more integrating these machines.
The fashion toward metal shaping is increasing, with fabricators focusing on real-time demand for analysis to improve serviceability and commercial enterprise recognition. Manufacturers intention to increase uptime and rely on predictable protection machines. Waterjet providers are specializing in optimizing slicing studies and improving production procedure reliability, leading to a growth in call for these machines.
Comprehensive Analysis of Waterjet Cutting Machines Market
The waterjet cutting machine market is segmented into micro and robotics machines, with the robotics segment expected to grow due to the increasing trend of 3D cutting. Major end-users such as automotive, aerospace, electronics, and textiles are moving towards robotic solutions due to their high reliability and precision. The micro waterjet cutting machine segment is expected to grow due to their ability to cut at high precision without creating heat affected zones (HAZ). Pure waterjet cutting technology is expected to grow due to its major deployment in food processing, strict health regulations, and cost-effectiveness. The abrasive technology segment is forecasted to show considerable growth due to its functionality to cut harder and thicker materials, but the higher cost of additional components and stringent quality standards are major factors affecting this technology. The pressure range segment is divided into less than 4200 and 4200 and above, with the 4200 and above segment expected to grow significantly due to high volume cutting, minimal energy loss, and end-user demand for cutting composite and high thickness materials. The market is also segmented into aerospace and defense, automotive, electronics, energy & power, metal fabrication, rubber & plastic, and others.
The North America region lead the waterjet cutting machines market share by benefitting a market size of USD 352.5 billion in 2019 due to rising automation, major producers, aerospace and protection, steel fabrication, and automobile industries. The emergence of small and medium corporations is also using growth within the metal enterprise, similarly enhancing the marketplace.
Key suppliers like Dardi International Corporation, KMT, Flow International Corporation, BYSTRONIC, Water Jet Sweden, Waterjet Corporation S.R.L., WARDJet, Resato International, OMAX Corporation, and Koike Aronson, Inc. Are introducing modern technology to benefit popularity inside the international market, aiming to streamline their products and meet the growing call for waterjet generation.
Flow International Corporation introduces Mach 200c and EchoJet waterjet structures in June 2023, revolutionizing precision cutting with bevel and five-axis competencies, enabling complex element fabrication.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Value (USD million)
SegmentationBy Type
Micro Waterjet Cutting Machine
Robotics Waterjet Cutting Machine
By Technology
Pure
Abrasive
By Pressure Range
Less Than 4200
4200 and Above
By Pump Type
Direct Drive Pump
Hydraulic Intensifier Pump
By Industry
Aerospace & Defense
Automotive
Electronics
Energy & Power
Metal Fabrication
Rubber & Plastic
Others (Textiles, etc.)
By Region
North America (the U.S. and Canada)
Europe (UK, Germany, France, Rest of Europe)
Asia Pacific (China, Japan, India, Southeast Asia, and the Rest of Asia Pacific)
Middle East & Africa (South Africa, GCC and the Rest of the Middle East & Africa)
Latin America (Brazil, Mexico, and the Rest of Latin America)
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- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Approach
- 1.3. Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Drivers, Restraints and Opportunities
- 3.2. Emerging Trends
- 4. Key Insights
- 4.1. Macro and Micro Economic Indicators
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Porter’s Five Forces Analysis
- 4.4. Impact of Covid-19 on the Market
- 5. Global Waterjet Cutting Machine Market Analysis, Insights and Forecast, 2016-2027
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecasts
- 5.2.1. By Type (Value)
- 5.2.1.1. Micro Waterjet Cutting Machines
- 5.2.1.2. Robotics Waterjet Cutting Machines
- 5.2.2. By Technology (Value)
- 5.2.2.1. Pure
- 5.2.2.2. Abrasive
- 5.2.3. By Pressure Range (Value)
- 5.2.3.1. Less Than 4200
- 5.2.3.2. 4200 and Above
- 5.2.4. By Pump Type (Value)
- 5.2.4.1. Direct Drive Pump
- 5.2.4.2. Hydraulic Intensifier Pump
- 5.2.5. By Industry (Value)
- 5.2.5.1. Aerospace & Defence
- 5.2.5.2. Automotive
- 5.2.5.3. Electronics
- 5.2.5.4. Energy & Power
- 5.2.5.5. Metal Fabrication
- 5.2.5.6. Rubber & Plastic
- 5.2.5.7. Others (Textiles, etc.)
- 5.2.6. By Region (Value)
- 5.2.6.1. North America
- 5.2.6.2. Europe
- 5.2.6.3. Asia Pacific
- 5.2.6.4. Middle East and Africa
- 5.2.6.5. Latin America
- 6. North America Waterjet Cutting Machine Market Analysis, Insights and Forecast, 2016-2027
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecasts
- 6.2.1. By Type (Value)
- 6.2.1.1. Micro Waterjet Cutting Machines
- 6.2.1.2. Robotics Waterjet Cutting Machines
- 6.2.2. By Technology (Value)
- 6.2.2.1. Pure
- 6.2.2.2. Abrasive
- 6.2.3. By Pressure Range (Value)
- 6.2.3.1. Less Than 4200
- 6.2.3.2. 4200 and Above
- 6.2.4. By Pump Type (Value)
- 6.2.4.1. Direct Drive Pump
- 6.2.4.2. Hydraulic Intensifier Pump
- 6.2.5. By Industry (Value)
- 6.2.5.1. Aerospace & Defence
- 6.2.5.2. Automotive
- 6.2.5.3. Electronics
- 6.2.5.4. Energy & Power
- 6.2.5.5. Metal Fabrication
- 6.2.5.6. Rubber & Plastic
- 6.2.5.7. Others (Textiles, etc.)
- 6.2.6. By Country (Value)
- 6.2.6.1. U.S.
- 6.2.6.2. Canada
- 7. Europe Waterjet Cutting Machine Market Analysis, Insights and Forecast, 2016-2027
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecasts
- 7.2.1. By Type (Value)
- 7.2.1.1. Micro Waterjet Cutting Machines
- 7.2.1.2. Robotics Waterjet Cutting Machines
- 7.2.2. By Technology (Value)
- 7.2.2.1. Pure
- 7.2.2.2. Abrasive
- 7.2.3. By Pressure Range (Value)
- 7.2.3.1. Less Than 4200
- 7.2.3.2. 4200 and Above
- 7.2.4. By Pump Type (Value)
- 7.2.4.1. Direct Drive Pump
- 7.2.4.2. Hydraulic Intensifier Pump
- 7.2.5. By Industry (Value)
- 7.2.5.1. Aerospace & Defence
- 7.2.5.2. Automotive
- 7.2.5.3. Electronics
- 7.2.5.4. Energy & Power
- 7.2.5.5. Metal Fabrication
- 7.2.5.6. Rubber & Plastic
- 7.2.5.7. Others (Textiles, etc.)
- 7.2.6. By Country (Value)
- 7.2.6.1. Germany
- 7.2.6.2. UK
- 7.2.6.3. France
- 7.2.6.4. Rest of Europe
- 8. Asia Pacific Waterjet Cutting Machine Market Analysis, Insights and Forecast, 2016-2027
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecasts
- 8.2.1. By Type (Value)
- 8.2.1.1. Micro Waterjet Cutting Machines
- 8.2.1.2. Robotics Waterjet Cutting Machines
- 8.2.2. By Technology (Value)
- 8.2.2.1. Pure
- 8.2.2.2. Abrasive
- 8.2.3. By Pressure Range (Value)
- 8.2.3.1. Less Than 4200
- 8.2.3.2. 4200 and Above
- 8.2.4. By Pump Type (Value)
- 8.2.4.1. Direct Drive Pump
- 8.2.4.2. Hydraulic Intensifier Pump
- 8.2.5. By Industry (Value)
- 8.2.5.1. Aerospace & Defence
- 8.2.5.2. Automotive
- 8.2.5.3. Electronics
- 8.2.5.4. Energy & Power
- 8.2.5.5. Metal Fabrication
- 8.2.5.6. Rubber & Plastic
- 8.2.5.7. Others (Textiles, etc.)
- 8.2.6. By Country (Value)
- 8.2.6.1. China
- 8.2.6.2. Japan
- 8.2.6.3. India
- 8.2.6.4. Southeast Asia
- 8.2.6.5. Rest of APAC
- 9. Middle East and Africa Waterjet Cutting Machine Market Analysis, Insights and Forecast, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecasts
- 9.2.1. By Type (Value)
- 9.2.1.1. Micro Waterjet Cutting Machines
- 9.2.1.2. Robotics Waterjet Cutting Machines
- 9.2.2. By Technology (Value)
- 9.2.2.1. Pure
- 9.2.2.2. Abrasive
- 9.2.3. By Pressure Range (Value)
- 9.2.3.1. Less Than 4200
- 9.2.3.2. 4200 and Above
- 9.2.4. By Pump Type (Value)
- 9.2.4.1. Direct Drive Pump
- 9.2.4.2. Hydraulic Intensifier Pump
- 9.2.5. By Industry (Value)
- 9.2.5.1. Aerospace & Defence
- 9.2.5.2. Automotive
- 9.2.5.3. Electronics
- 9.2.5.4. Energy & Power
- 9.2.5.5. Metal Fabrication
- 9.2.5.6. Rubber & Plastic
- 9.2.5.7. Others (Textiles, etc.)
- 9.2.6. By Country (Value)
- 9.2.6.1. South Africa
- 9.2.6.2. GCC
- 9.2.6.3. Rest of MEA
- 10. Latin America Waterjet Cutting Machine Market Analysis, Insights and Forecast, 2016-2027
- 10.1. Key Findings / Summary
- 10.1.1. By Type (Value)
- 10.1.1.1. Micro Waterjet Cutting Machines
- 10.1.1.2. Robotics Waterjet Cutting Machines
- 10.1.2. By Technology (Value)
- 10.1.2.1. Pure
- 10.1.2.2. Abrasive
- 10.1.3. By Pressure Range (Value)
- 10.1.3.1. Less Than 4200
- 10.1.3.2. 4200 and Above
- 10.1.4. By Pump Type (Value)
- 10.1.4.1. Direct Drive Pump
- 10.1.4.2. Hydraulic Intensifier Pump
- 10.1.5. By Industry (Value)
- 10.1.5.1. Aerospace & Defence
- 10.1.5.2. Automotive
- 10.1.5.3. Electronics
- 10.1.5.4. Energy & Power
- 10.1.5.5. Metal Fabrication
- 10.1.5.6. Rubber & Plastic
- 10.1.5.7. Others (Textiles, etc.)
- 10.1.6. By Country (Value)
- 10.1.6.1. Brazil
- 10.1.6.2. Mexico
- 10.1.6.3. Rest of LATAM
- 11. Competition Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 12. Global Waterjet Cutting Machine Market Revenue Share Analysis, 2019
- 13. Company Profile
- 13.1. Dardi International Corporation
- 13.1.1. Overview
- 13.1.2. Description
- 13.1.3. Product Portfolio
- 13.1.4. Financials (Data as available in public domain and/or on paid databases)
- 13.1.5. Recent Developments
- 13.2. KMT
- 13.2.1. Overview
- 13.2.2. Description
- 13.2.3. Product Portfolio
- 13.2.4. Financials (Data as available in public domain and/or on paid databases)
- 13.2.5. Recent Developments
- 13.3. Flow International Corporation.
- 13.3.1. Overview
- 13.3.2. Description
- 13.3.3. Product Portfolio
- 13.3.4. Financials (Data as available in public domain and/or on paid databases)
- 13.3.5. Recent Developments
- 13.4. BYSTRONIC
- 13.4.1. Overview
- 13.4.2. Description
- 13.4.3. Product Portfolio
- 13.4.4. Financials (Data as available in public domain and/or on paid databases)
- 13.4.5. Recent Developments
- 13.5. Water Jet Sweden
- 13.5.1. Overview
- 13.5.2. Description
- 13.5.3. Product Portfolio
- 13.5.4. Financials (Data as available in public domain and/or on paid databases)
- 13.5.5. Recent Developments
- 13.6. WATERJET CORPORATION S.R.L.
- 13.6.1. Overview
- 13.6.2. Description
- 13.6.3. Product Portfolio
- 13.6.4. Financials (Data as available in public domain and/or on paid databases)
- 13.6.5. Recent Developments
- 13.7. WARDJet (AXYZ Automation Group)
- 13.7.1. Overview
- 13.7.2. Description
- 13.7.3. Product Portfolio
- 13.7.4. Financials (Data as available in public domain and/or on paid databases)
- 13.7.5. Recent Developments
- 13.8. Resato International.
- 13.8.1. Overview
- 13.8.2. Description
- 13.8.3. Product Portfolio
- 13.8.4. Financials (Data as available in public domain and/or on paid databases)
- 13.8.5. Recent Developments
- 13.9. OMAX Corporation
- 13.9.1. Overview
- 13.9.2. Description
- 13.9.3. Product Portfolio
- 13.9.4. Financials (Data as available in public domain and/or on paid databases)
- 13.9.5. Recent Developments
- 13.10. Koike Aronson, Inc.
- 13.10.1. Overview
- 13.10.2. Description
- 13.10.3. Product Portfolio
- 13.10.4. Financials (Data as available in public domain and/or on paid databases)
- 13.10.5. Recent Developments
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