Waterjet Cutting Machine Market Size, Share, Trends, Growth 2032

Waterjet Cutting Machine Market Insights

Zion Market Research has published a report on the global Waterjet Cutting Machine Market, estimating its value at USD 986.61 Million in 2023, with projections indicating that it will reach USD 1356.39 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 3.6% over the forecast period 2024-2032.

The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Waterjet Cutting Machine industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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Waterjet Cutting Machine Market: Overview

Waterjet cutting machine is a tool used in factories for cutting a large number of materials through use of high-pressure water jet. Moreover, waterjet cutting is frequently used for fabricating parts of machines. It is preferred over other methods when the substances that are being cut are highly sensitive to rising temperatures. The product is used in myriad industries like aerospace and mining for cutting, rearing, and shaping materials.

Furthermore, waterjet cutting machines are segmented into two types, namely, pure and abrasive. Additionally, an abrasive waterjet cutting machine make use of water & abrasive mixture and is utilized for cutting hard substances such as granite and metal. On other hand, pure waterjet cutting machines are utilized for cutting soft substances like rubber and wood.

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Waterjet Cutting Machine Market: Growth Factors

The growth of the waterjet cutting machine industry over the forecast timeline is attributed to surge in the demand for eco-friendly cutting products in automotive, packaging, mining, textile, construction, and electronics sectors. Apparently, rise in the automation of various processes in factories has resulted in launching of new equipment, thereby steering market growth. In addition to this, the waterjet cutting technology is gaining humungous popularity in manufacturing sector for cutting of various substances including glass, metals, composites, and other flammable substances. Breakthroughs in waterjet cutting machine technology such as launching of 3D waterjet cutting machines and micro waterjet cutting machines will enlarge the market size.

Moreover, massive requirement for enhancing the throughput and producing precise cutting functionalities will pave a way for the growth of waterjet cutting machine market over the years to come. Apparently, waterjet cutting equipment is predicted to find massive use in robotics, food & beverages, and packaging sectors and this will embellish the market trends.         

Waterjet Cutting Machine Market: Report Scope

Asia Pacific To Make Notable Contributions Towards Overall Market Share By 2032

The growth of the market in Asia Pacific during 2020-2027 is credited to swift industrialization in the countries like South Korea, China, and India. Apart from this, thriving metal & mining, material handling, food & beverages, tobacco, and electric & electronic component manufacturing sectors in the emerging countries of the sub-continent will prompt the business growth over the estimated timespan.

Waterjet Cutting Machine Market: Competitive Space

The waterjet cutting machine market profiles key players such as:

• Colfax Corporation
• Koike Aronson, Inc
• Dandi International Corporation
• Hornet Cutting Systems
• Omax Corporation
• Flow International Corporation
• WARDJet, Inc

The global waterjet cutting machine market is segmented as follows:

By Type

• Pure
• Abrasive

By Application

• Automotive
• Aerospace & Defense
• Metal Fabrication
• Electronics
• Mining
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa