Waterjet Cutting Machines Market
Global Waterjet Cutting Machines Market by Technology (Pure Waterjet Cutting Machine and Abrasive Waterjet Cutting Machine), By End-User (Automotive, Aerospace, Metal Fabrication Work, and Others) - Global Industry Share, Growth, Competitive Analysis and Forecast Period 2021-2027 Update Available - Forecast 2024-2030
The global waterjet cutting machine is projected to grow at a CAGR of 5.1% during the forecast period. A waterjet cutter is an industrial tool used in cutting a wide variety of materials by the use of a very high-pressure jet of water. The waterjet cutting machine market is driven by renewal in manufacturing activity, robust demand from key end-use industries, and technological advancements. Waterjet technology finds a wide application in various end-use industries, including aerospace, construction, automotive, marine, and mining. Further, as the industrial trend is shifting toward clean energy, the waterjet cutting technology will show a growing market in the near future.
Moreover. Rapid industrialization across the globe results in the expansion of end-use industries, such as automobiles, manufacturing, and others. The proliferation of automation in manufacturing industries, along with robotic waterjet cutting machines, has a positive impact on market growth significantly.
Segmental Outlook
The global waterjet cutting machines market is segmented on the basis of technology and end-user. On the basis of technology, the market is segmented into a pure waterjet cutting machine and an abrasive waterjet cutting machine. Further, on the basis of end-user, the market is sub-divided into automotive, aerospace, and metal fabrication work, and others.
Global Waterjet Cutting Machines Market Share by Technology, 2020 (%)
Abrasive waterjet cutting machine dominated the market in 2020 and is projected to maintain its dominance over the forecast period. The increasing demand for precise automotive performance parts and other cut-out materials such as brake types, turbines, gears in aerospace & defense, mining, and other industries is contributing to the segmental growth of the market. Moreover, the abrasive waterjet cutting machine uses abrasive particles such as garnet with a high-pressure water stream that significantly accelerate the cutting process by eroding material such as metals, composites, and stones with high speed and precision.
Regional Outlooks
On the basis of geography, the market is divided into North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and the Rest of the World. North America is estimated to have a significant market share in the waterjet cutting market. Major factors motivating the market include the presence of well-developed industrial infrastructure, the presence of major market players of the different industries coupled with the increasing requirement of high precision. Companies such as Boeing, Airbus, General Motors, and Fiat are some major manufacturing players’ need high precision.
Market Players Outlook
Further, the report covers the analysis of various players operating in the market. Some of the key players covered in the report include Dardi International Corp., Flow International Corp., Hypertherm inc., Koike Aronson, Inc., Omax Corp., and others. In order to survive in the market, these players adopt different marketing strategies such as a merger, acquisitions, product launch, and geographical expansion. For instance, in 2021, OMAX Corp., Kent, Wash, announced series of Demo Days events across the US and Canada for 12 locations, featuring live demonstrations and in-person overviews of OMAX and MAXIEM abrasive waterjets.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Waterjet Cutting Machines market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Waterjet Cutting Machines Market
• Recovery Scenario of Global Waterjet Cutting Machines Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Waterjet Cutting Machinery by Technology
5.1.1. Pure Waterjet Cutting Machine
5.1.2. Abrasive Waterjet Cutting Machine
5.2. Waterjet Cutting Machinery by End-User
5.2.1. Automotive
5.2.2. Aerospace& Defense
5.2.3. Metal Fabrication Work (Artwork)
5.2.4. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Biesse S.p.A.
7.2. Dardi International Corp.
7.3. Flow International Corp.
7.4. Hornet Cutting Systems
7.5. Hypertherm Inc.
7.6. Jet Edge Inc.
7.7. Kimblad Technology AB,
7.8. KMT GmbH
7.9. Koike Aronson, Inc
7.10. OmaxCorp.
7.11. Resato international B.V.
7.12. Ridge Engineering, Inc.
7.13. WARDJet, Inc.
1. GLOBAL WATERJET CUTTING MACHINES MARKET RESEARCH AND ANALYSIS, 2020-2027 ($ MILLION)
2. GLOBAL WATERJET CUTTING MACHINES MARKET BY TYPE, 2020-2027 ($ MILLION)
3. GLOBAL PURE WATERJET CUTTING MACHINES MARKET BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL ABRASSIVE WATERJET CUTTING MACHINES MARKET BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL WATERJET CUTTING MACHINES MARKET BY END-USER, 2020-2027 ($ MILLION)
6. GLOBAL WATERJET CUTTING MACHINES IN AUTOMOTIVE MARKET BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL WATERJET CUTTING MACHINES IN AEROSPACE & DEFENSE MARKET BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL WATERJET CUTTING MACHINES IN METAL FABRICATION MARKET BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL WATERJET CUTTING MACHINES IN OTHER INDUSTRY MARKET BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL WATERJET CUTTING MACHINES MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
11. NORTH AMERICAN WATERJET CUTTING MACHINES MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
12. NORTH AMERICAN WATERJET CUTTING MACHINES MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
13. NORTH AMERICAN WATERJET CUTTING MACHINES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
14. EUROPEAN WATERJET CUTTING MACHINES MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
15. EUROPEAN WATERJET CUTTING MACHINES MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
16. EUROPEAN WATERJET CUTTING MACHINES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
17. ASIA-PACIFIC WATERJET CUTTING MACHINES MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
18. ASIA-PACIFIC WATERJET CUTTING MACHINES MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
19. ASIA-PACIFIC WATERJET CUTTING MACHINES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. REST OF THE WORLD WATERJET CUTTING MACHINES MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
21. REST OF THE WORLD WATERJET CUTTING MACHINES MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
1. GLOBAL WATERJET CUTTING MACHINES MARKET SHARE BY TYPE, 2020 VS 2027 (%)
2. GLOBAL WATERJET CUTTING MACHINES MARKET SHARE BY END-USER, 2020 VS 2027 (%)
3. GLOBAL WATERJET CUTTING MACHINES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027, (%)
4. GLOBAL PURE WATERJET CUTTING MACHINES MARKET SHARE BY REGION, 2020 VS 2027 (%)
5. GLOBAL ABRASSIVE WATERJET CUTTING MACHINES MARKET SHARE BY REGION, 2020 VS 2027 (%)
6. GLOBAL WATERJET CUTTING MACHINES IN AUTOMOTIVE MARKET SHARE BY REGION, 2020 VS 2027 (%)
7. GLOBAL WATERJET CUTTING MACHINES IN AEROSPCAE & DEFENSE MARKET SHARE BY REGION, 2020 VS 2027 (%)
8. GLOBAL WATERJET CUTTING MACHINES IN METAL FABRICATIONS MARKET SHARE BY REGION, 2020 VS 2027 (%)
9. GLOBAL WATERJET CUTTING MACHINES IN OTHER END-USER MARKET SHARE BY REGION, 2020 VS 2027 (%)
10. US WATERJET CUTTING MACHINES MARKET SIZE, 2020-2027 ($ MILLION)
11. CANADA MARKET WATERJET CUTTING MACHINES MARKET SIZE, 2020-2027 ($ MILLION)
12. UK WATERJET CUTTING MACHINES MARKET SIZE, 2020-2027 ($ MILLION)
13. GERMANY WATERJET CUTTING MACHINES MARKET SIZE, 2020-2027 ($ MILLION)
14. SPAIN WATERJET CUTTING MACHINES MARKET SIZE, 2020-2027 ($ MILLION)
15. FRANCE WATERJET CUTTING MACHINES MARKET SIZE, 2020-2027 ($ MILLION)
16. ITALY WATERJET CUTTING MACHINES MARKET SIZE, 2020-2027 ($ MILLION)
17. REST OF EUROPE WATERJET CUTTING MACHINES MARKET SIZE, 2020-2027 ($ MILLION)
18. INDIA WATERJET CUTTING MACHINES MARKET SIZE, 2020-2027 ($ MILLION)
19. CHINA WATERJET CUTTING MACHINES MARKET SIZE, 2020-2027 ($ MILLION)
20. JAPAN WATERJET CUTTING MACHINES MARKET SIZE, 2020-2027 ($ MILLION)
21. REST OF ASIA-PACIFIC WATERJET CUTTING MACHINES MARKET SIZE, 2020-2027 ($ MILLION)
22. REST OF WORLD WATERJET CUTTING MACHINES MARKET SIZE, 2020-2027 ($ MILLION)
