Waterjet Cutting Machine Market Forecasts to 2030 – Global Analysis By Product Type (Micro Waterjet Cutting Machine, Robotics Waterjet Cutting Machine and 3D), Pump Type, Offering, Pressure Range, Technology, Application, End User and By Geography

Waterjet Cutting Machine Market Forecasts to 2030 – Global Analysis By Product Type (Micro Waterjet Cutting Machine, Robotics Waterjet Cutting Machine and 3D), Pump Type, Offering, Pressure Range, Technology, Application, End User and By Geography


According to Stratistics MRC, the Global Waterjet Cutting Machine Market is accounted for $1.18 billion in 2023 and is expected to reach $2.05 billion by 2030 growing at a CAGR of 8.2% during the forecast period. A waterjet cutting machine is a tool used to cut a wide range of materials using a high-pressure jet of water or a mixture of water and an abrasive substance. This technology is highly versatile and is utilized in various industries for precision cutting of materials. This creates a fine, high-speed jet that can cut through materials with precision. Waterjet cutting machines are used in industries such as aerospace, automotive, manufacturing, construction, and architectural industries for tasks like cutting metal parts, shaping stone and tile, cutting glass for architectural applications, and much more.

Market Dynamics:

Driver:

Adoption of Robotic Solutions

Robotic waterjets have revolutionized the cutting process, particularly for complex and curved parts required in industries such as aerospace & defense, automotive, and energy & power. These solutions enhance efficiency and productivity, reducing labor costs and enabling operators to run multiple systems with minimal human intervention. Moreover, the growing trend towards industry automation has propelled the adoption of robotic waterjet cutting machines. These machines are equipped with intelligent CAD/CAM/Control software, allowing for precise and reliable operations with reduced labor costs, thereby driving their integration across various industries.

Restraint:

Available alternative technologies

Some traditional cutters are faster than waterjet cutters, leading to reduced output due to longer cutting times with waterjet cutters. This can affect the market competitiveness of waterjet cutting machines. Furthermore, low-quality waterjet orifices have a tendency to break down and disrupt cutting, resulting in lost time and productivity. This can negatively impact the reliability and efficiency of waterjet cutting machines in comparison to other technologies impeded the market.

Opportunity:

Increasing demand for lightweight materials

The demand for lightweight materials, especially in industries such as aerospace and automotive, directly impacts the waterjet cutting machine market. This trend is driving the adoption of waterjet cutting machines due to their ability to precisely cut a wide range of lightweight materials, meeting the specific demands of these industries. Thus waterjet cutting machines offer the flexibility and precision required to effectively cut lightweight materials, making them an attractive solution for industries seeking high-quality cutting of such materials drive the growth of the market.

Threat:

Inability to achieve cuts at a specific depth

Waterjet cutting is primarily used for cutting all the way through materials and is rarely employed for achieving cuts at a specific depth due to the inherent difficulty and potential inaccuracy associated with this process. Rework, scrap, and product rejections due to inconsistent depth can significantly increase production costs. Additionally, implementing additional depth control measures or switching to alternative technologies can be expensive which hampers the growth of the market.

Covid-19 Impact

Lockdowns and restrictions resulting from the COVID-19 pandemic led to the temporary cessation of production of products related to the waterjet cutting machine market. This disruption in manufacturing operations hampered the market growth, affecting businesses involved in the production of waterjet cutting machines. However, equipment and machinery manufacturers in the waterjet cutting machine market had to focus on safeguarding their personnel, supply networks, and operations during the pandemic. Dealing with urgent problems and implementing new working procedures became essential as businesses navigated the challenges brought about by the pandemic.

The micro waterjet cutting machine segment is expected to be the largest during the forecast period

The micro waterjet cutting machine segment is estimated to have a lucrative growth, as they are extremely high precision, allowing manufacturers to cut non-breathable films with intricate designs and minimal waste. Additionally, intricate and small-scale cutting, it facilitates the customization and miniaturization of non-breathable films. This is crucial in industries where specific sizes and designs are required, such as in the production of medical packaging or electronic components.

The hydraulic intensifier pump segment is expected to have the highest CAGR during the forecast period

The hydraulic intensifier pump segment is anticipated to witness the highest CAGR growth during the forecast period, as hydraulic intensifier pumps are known for their robust and reliable performance. They are designed to operate continuously for extended periods, making them suitable for demanding industrial environments where uninterrupted production is essential. Compared to other pump technologies, hydraulic intensifier pumps are relatively easy to maintain. They have fewer components and moving parts, resulting in simplified maintenance requirements and reduced downtime for waterjet cutting machines.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the increased manufacturing activities in industries such as automotive, aerospace, and construction drive the demand for precision cutting technologies. Waterjet cutting machines find applications in various industries, including metal fabrication, ceramics, stone processing, and electronics. The diverse range of applications contributes to the market's growth.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to ongoing advancements in waterjet cutting technology, such as improved software control and increased automation, contribute to the market's growth as industries seek more efficient and advanced cutting solutions. Moreover waterjet cutting machines are often used for customized and prototyping applications, meeting the demands of industries requiring intricate designs and high precision in cutting.

Key players in the market

Some of the key players in the Waterjet Cutting Machine Market include Accurl, BYSTRONIC, Colfax, Dardi, Flow International Corporation., Foshan Yongshengda Machinery, Innovative, International Waterjet Machines, Jet Edge, Kimtech, Lincoln Electric, Microstep, OMAX Corporation, Resato, STM waterjet, Swaterjet, Techni Waterjet and Koike Aronson, Inc.

Key Developments:

In January 2024, Kimberly-clark professional™ introduces kimtech™ polaris™ nitrile gloves, the most protective lab glove in the kimtech™ portfolio. This reduces workplace hand injuries related to repetitive use and hand strain, which in turn increases worker efficiency through improved grip and performance.

In May 2023, Flow releases two new products in flurry of customer-focused innovation. The latest cutting-edge waterjet solutions showcase Flow's continued commitment to advancing waterjet technology and expanding product lines to meet the evolving needs of their customers.

In January 2023, Accurl and microstep europa forge strategic alliance, expanding bending solutions globally. This collaboration, recently solidified at Accurl’s headquarters in China, signifies a blend of expertise from Europe and Asia, aimed at delivering unparalleled solutions to customers worldwide.

Product Types Covered:
• Micro Waterjet Cutting Machine
• Robotics Waterjet Cutting Machine
• 3D

Pump Types Covered:
• Direct Drive Pump
• Hydraulic Intensifier Pump

Offerings Covered:
• Software
• Hardware
• Services

Pressure Ranges Covered:
• Less Than 4200
• 4200 and Above

Technologies Covered:
• Pure
• Abrasive

Applications Covered:
• Foam Product Cutting
• Ceramic/Stone Cutting
• Exotic Metal & Non-Traditional Material Cutting
• Glass/Metal Art
• Gasket Cutting
• Fiberglass Cutting
• Other Applications

End Users Covered:
• Automotive
• Aerospace
• Metal Fabrication
• Food & Beverage
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 Application Analysis
3.9 End User Analysis
3.10 Emerging Markets
3.11 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Waterjet Cutting Machine Market, By Product Type
5.1 Introduction
5.2 Micro Waterjet Cutting Machine
5.3 Robotics Waterjet Cutting Machine
5.4 3D
6 Global Waterjet Cutting Machine Market, By Pump Type
6.1 Introduction
6.2 Direct Drive Pump
6.3 Hydraulic Intensifier Pump
7 Global Waterjet Cutting Machine Market, By Offering
7.1 Introduction
7.2 Software
7.3 Hardware
7.4 Services
8 Global Waterjet Cutting Machine Market, By Pressure Range
8.1 Introduction
8.2 Less Than 4200
8.3 4200 and Above
9 Global Waterjet Cutting Machine Market, By Technology
9.1 Introduction
9.2 Pure
9.3 Abrasive
10 Global Waterjet Cutting Machine Market, By Application
10.1 Introduction
10.2 Foam Product Cutting
10.3 Ceramic/Stone Cutting
10.4 Exotic Metal & Non-Traditional Material Cutting
10.5 Glass/Metal Art
10.6 Gasket Cutting
10.7 Fiberglass Cutting
10.8 Other Applications
11 Global Waterjet Cutting Machine Market, By End User
11.1 Introduction
11.2 Automotive
11.3 Aerospace
11.4 Metal Fabrication
11.5 Food & Beverage
11.6 Other End Users
12 Global Waterjet Cutting Machine Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies
14 Company Profiling
14.1 Accurl
14.2 BYSTRONIC
14.3 Colfax
14.4 Dardi
14.5 Flow International Corporation.
14.6 Foshan Yongshengda Machinery
14.7 Innovative
14.8 International Waterjet Machines
14.9 Jet Edge
14.10 Kimtech
14.11 Lincoln Electric
14.12 Microstep
14.13 OMAX Corporation
14.14 Resato
14.15 STM waterjet
14.16 Swaterjet
14.17 Techni Waterjet
14.18 Koike Aronson, Inc.
List of Tables
Table 1 Global Waterjet Cutting Machine Market Outlook, By Region (2021-2030) ($MN)
Table 2 Global Waterjet Cutting Machine Market Outlook, By Product Type (2021-2030) ($MN)
Table 3 Global Waterjet Cutting Machine Market Outlook, By Micro Waterjet Cutting Machine (2021-2030) ($MN)
Table 4 Global Waterjet Cutting Machine Market Outlook, By Robotics Waterjet Cutting Machine (2021-2030) ($MN)
Table 5 Global Waterjet Cutting Machine Market Outlook, By 3D (2021-2030) ($MN)
Table 6 Global Waterjet Cutting Machine Market Outlook, By Pump Type (2021-2030) ($MN)
Table 7 Global Waterjet Cutting Machine Market Outlook, By Direct Drive Pump (2021-2030) ($MN)
Table 8 Global Waterjet Cutting Machine Market Outlook, By Hydraulic Intensifier Pump (2021-2030) ($MN)
Table 9 Global Waterjet Cutting Machine Market Outlook, By Offering (2021-2030) ($MN)
Table 10 Global Waterjet Cutting Machine Market Outlook, By Software (2021-2030) ($MN)
Table 11 Global Waterjet Cutting Machine Market Outlook, By Hardware (2021-2030) ($MN)
Table 12 Global Waterjet Cutting Machine Market Outlook, By Services (2021-2030) ($MN)
Table 13 Global Waterjet Cutting Machine Market Outlook, By Pressure Range (2021-2030) ($MN)
Table 14 Global Waterjet Cutting Machine Market Outlook, By Less Than 4200 (2021-2030) ($MN)
Table 15 Global Waterjet Cutting Machine Market Outlook, By 4200 and Above (2021-2030) ($MN)
Table 16 Global Waterjet Cutting Machine Market Outlook, By Technology (2021-2030) ($MN)
Table 17 Global Waterjet Cutting Machine Market Outlook, By Pure (2021-2030) ($MN)
Table 18 Global Waterjet Cutting Machine Market Outlook, By Abrasive (2021-2030) ($MN)
Table 19 Global Waterjet Cutting Machine Market Outlook, By Application (2021-2030) ($MN)
Table 20 Global Waterjet Cutting Machine Market Outlook, By Foam Product Cutting (2021-2030) ($MN)
Table 21 Global Waterjet Cutting Machine Market Outlook, By Ceramic/Stone Cutting (2021-2030) ($MN)
Table 22 Global Waterjet Cutting Machine Market Outlook, By Exotic Metal & Non-Traditional Material Cutting (2021-2030) ($MN)
Table 23 Global Waterjet Cutting Machine Market Outlook, By Glass/Metal Art (2021-2030) ($MN)
Table 24 Global Waterjet Cutting Machine Market Outlook, By Gasket Cutting (2021-2030) ($MN)
Table 25 Global Waterjet Cutting Machine Market Outlook, By Fiberglass Cutting (2021-2030) ($MN)
Table 26 Global Waterjet Cutting Machine Market Outlook, By Other Applications (2021-2030) ($MN)
Table 27 Global Waterjet Cutting Machine Market Outlook, By End User (2021-2030) ($MN)
Table 28 Global Waterjet Cutting Machine Market Outlook, By Automotive (2021-2030) ($MN)
Table 29 Global Waterjet Cutting Machine Market Outlook, By Aerospace (2021-2030) ($MN)
Table 30 Global Waterjet Cutting Machine Market Outlook, By Metal Fabrication (2021-2030) ($MN)
Table 31 Global Waterjet Cutting Machine Market Outlook, By Food & Beverage (2021-2030) ($MN)
Table 32 Global Waterjet Cutting Machine Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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