Waterjet Cutting Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Waterjet Cutting Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


Market Overview:

The global waterjet cutting machine market size reached US$ 1.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.

A waterjet cutting machine (WCM) refers to an industrial tool that uses high-pressure water jet streams to cut and shape different materials. The stream consists of water or abrasive liquids that can cut through metals, glasses, foams and reflective materials without melting, warping or distorting their original structure. The machines do not require heat for cutting and can maintain the quality of the materials that are sensitive to high temperatures. They also offer various other benefits, such as high precision cutting, ability to cut heterogeneous materials and minimal water consumption. Owing to this, they find extensive applications across multiple industries, including automotive, electronics, aerospace & defense, food and beverage, mining, metal fabrication, paper processing, textile, etc.

Rapid industrialization across the globe is one of the key factors driving the growth of the market. Furthermore, widespread product adoption by the automobile industry is also providing a boost to the market growth. WCMs are used for manufacturing metal gaskets, automotive brake disks, clutches and intricate decorative fittings and brackets. Apart from this, they are also extensively used for manufacturing components made by using composite materials for aircraft turbines and jet engines. Additionally, various technological advancements, such as the development of micro, 3D and robotic WCMs, which offer cutting outputs with enhanced precision, are acting as another major growth-inducing factor. Moreover, WCMs find applications in the military and defense sector as they are used to develop guided missiles, fuselages, and space vehicles. Other factors, including rapid urbanization and significant growth in the industrial manufacturing and metal fabrication industries, are also expected to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global waterjet cutting machine market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, product type, horsepower, machine size and application.

Breakup by Type:

Pure
Abrasive

Breakup by Product Type:

3D Waterjet Cutting
Micro Waterjet Cutting
Robotic Waterjet Cutting

Breakup by Horsepower:

0 to 50 HP
51 to 100 HP
Others

Breakup by Machine Size:

Small
Medium
Large

Breakup by Application:

Automotive
Electronics
Aerospace and Defense
Mining
Metal Fabrication
Others

Breakup by Region:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being A. Innovative International Limited, Colfax Corporation, Dardi International Corporation, Flow International Corporation (Shape Technologies Group), Hornet Cutting Systems, Hypertherm Inc., Jekran Ltd., Jet Edge Inc., KMT GmbH, Koike Aronson Inc., Lincoln Electric Holdings Inc., Semyx LLC, Wardjet LLC (AXYZ International Inc.), etc.

Key Questions Answered in This Report
1. What was the size of the global waterjet cutting machine market in 2022?
2. What is the expected growth rate of the global waterjet cutting machine market during 2023-2028?
3. What are the key factors driving the global waterjet cutting machine market?
4. What has been the impact of COVID-19 on the global waterjet cutting machine market?
5. What is the breakup of the global waterjet cutting machine market based on the type?
6. What is the breakup of the global waterjet cutting machine market based on the application?
7. What are the key regions in the global waterjet cutting machine market?
8. Who are the key players/companies in the global waterjet cutting machine market?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Waterjet Cutting Machine Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Pure
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Abrasive
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Product Type
7.1 3D Waterjet Cutting
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Micro Waterjet Cutting
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Robotic Waterjet Cutting
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Horsepower
8.1 0 to 50 HP
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 51 to 100 HP
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Machine Size
9.1 Small
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Medium
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Large
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Application
10.1 Automotive
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Electronics
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Aerospace and Defense
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Mining
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Metal Fabrication
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Indicators
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 A. Innovative International Limited
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2 Colfax Corporation
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Dardi International Corporation
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Flow International Corporation (Shape Technologies Group)
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 Hornet Cutting Systems
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6 Hypertherm Inc.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.7 Jekran Ltd.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 Jet Edge Inc.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9 KMT GmbH
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.10 Koike Aronson Inc.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11 Lincoln Electric Holdings Inc.
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 Semyx LLC
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.13 Wardjet LLC (AXYZ International Inc.)
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio

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