Global Water Jet Cutting Machinery Market will drive by increase in automation activities in the manufacturing and automotive industry
Published | 15 July 2019
According to BlueWeave Consulting,
The Global Water Jet Cutting Machinery Market is expected to grow with a significant rate during the
forecast period 2019-2025, owing to Waterjet cutting machine is utilized to cut
material without producing heat, which can harm materials such as foam, tile,
food, glass, paper, leather and other flammable materials. Growing usage of waterjet
cutting machinery for the production of metal gaskets for antique automobiles,
clutch, brake disks, and other components for racing cars, custom vehicle
bodies, and intricate decorative fittings & brackets will foster the global
Water Jet Cutting Machinery Market in the forecast period.
Moreover, the major factor driving the market is the upsurge in demand for process automation across various industry verticals and stable growth from the automobile industry is the fundamental factor. Furthermore, the growing usage of Waterjet cutting machinery in producing hygiene products, health care products and soft clothing is anticipated to fuel the growth of Waterjet cutting machinery market. Additionally, rising automation along with high-quality secondary finishing across all industries in the world will contribute to Water Jet Cutting Machinery market growth during the forecast period.
Also, augmentation in technological advancements, such as the development of high pressure and high-speed Waterjet machines, integration of robotics in Waterjet machines, and high adoption of micro-jet cutting machines are expected to boost the demand Water Jet Cutting Machinery in the forecast period.
The 3D product type of
Water Jet Cutting Machinery Market is projected to be the leading segment of
the overall market during the forecast period
On the basis of product type, the WaterJet
Cutting Machinery market has been segmented into 3D, Micro, and Robotic
waterjet cutting machines. 3D segment dominates the global WaterJet Cutting
Machinery Market owing to use pure water for cutting metals and used in
heavy-duty applications. Robotic waterjet will boost by applying automation for
high-quality secondary finishing.
Abrasive Waterjet
Cutting Machine of Water Jet Cutting Machinery Market is anticipated to be the
dominating segment of the overall market during the forecast period
On the basis of Technology, the WaterJet Cutting
Machinery market has been segmented into Pure Waterjet Cutting Machine and
Abrasive Waterjet Cutting Machine. Abrasive Waterjet Cutting Machine will lead
the segment due to growing usage for cutting hard materials such as glass,
stone, concrete, ceramics. The demand Pure Waterjet Cutting Machine will
increase in textile, food & beverage, leather, interior decoration, and art
sectors.
Automotive is
projected to lead the industry for utilizing applications of the Water Jet
Cutting Machinery during the forecast period
On the basis of End-User Industry, the WaterJet
Cutting Machinery market has been segmented into Automotive, Defense and
Aerospace, Metal Fabrication, Electronics, Textile, and Others. By End-User
Industry, automotive will lead the market owing to growing need for automation
in automotive manufacturing. Defense and Aerospace segment will be influence by
designing and cutting hard metals such as steel, titanium, glass, and others.
The Asia Pacific
accounts for the lion’s share of the global Water Jet Cutting Machinery market
during the anticipated period.
On the basis of region, the Water Jet Cutting
Machinery market has been segmented into North America, Europe, Asia Pacific,
Middle East & Africa, and Latin America.
The Asia Pacific dominates the world Water Jet Cutting Machinery market
over the forecast period owing to the rise in infrastructural expenditure,
growing population, and increased consumer spending. North America will boom by
an increase in demand for automotive and equipment manufacturing and an increase
in manufacturing facilities.
Global Water Jet Cutting
Machinery Market Competitive Landscape
Companies such as DARDI International
Corp., ESAB Group Inc., KMT Waterjet Systems, Inc., Innovative International
Ltd., Flow International Corp., Bystronic Laser AG, Water Jet Sweden AB,
Waterjet Corporation S.R.L., WARDJet Inc., TNLB Corporation, NLB Corporation,
BFT GmbH, Resato international BV, OMAX Corporation, Uhde High Pressure
Technologies GmbH, Hypertherm Inc., Jet Edge Waterjet System, OH Precision
Corp., Hughes Pumps Ltd., Waterjet Systems International, and Water Jet Germany
Private Ltd. are the key players in the global WaterJet Cutting Machinery
market.
The in-depth analysis of the report
provides the growth potential, upcoming trends and statistics of Global Water
Jet Cutting Machinery Market size & forecast. The report promises to
provide state-of-the-art technology of Water Jet Cutting Machinery production
and industry insights which help decision makers to take sound strategic
decisions. Furthermore, the report also analyzes the market drivers and
challenges and competitive analysis of the market.
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