|Waterjet cutter is an industrial machine that uses high-pressure water cutting or a combination of water and abrasive material mixed in water to cut a variety of materials. Abrasive waterjets are used in processing hard materials such as granite, stones, and hard metals. Pure waterjets are used to process materials including rubber, textiles, and other soft materials.
The adoption of waterjet cutting machines has increased in the manufacturing sector due to high manufacturing accuracy, flexible processing, high-quality consistency, and cold cutting without thermal influences.
The waterjet cutting machine market has witnessed significant growth, worldwide, in the recent years, owing to the rapid growth in the manufacturing sector and rise in application of waterjet cutting machines among various sectors including automobiles, aerospace, mining, oil & gas, metal fabrication, power, and energy. However, growing concerns for water conservation among government, NGOs, and society along with high cost of waterjet cutting machines restrict the market growth. Moreover, government initiatives to involve SMEs in the manufacturing sector and economic growth in developing countries such as India, China, Japan, South Africa, and Brazil are expected to boost the waterjet cutting industry growth.
Technological advancements in the waterjet cutting market such as 3D cutting, multi axis cutting, micro waterjet cutting, robotic jets, high pressured waterjet, and others are expected to create numerous opportunities for the market players. In addition, plummeting prices of waterjet machines and consumables such as abrasives are anticipated to provide huge growth opportunities for the waterjet cutting industry during the forecast period.
The global waterjet cutting machine market is segmented into technology, industry, and region. Based on technology, the market is divided into pure waterjet cutting technology and abrasive waterjet cutting technology. Based on industry, the market is divided into automotive, defense & aerospace, metal fabrication, electronics, textile, and others. The others segment comprises mining, construction, oil & gas, interior decoration, art, healthcare, food & beverage, and others. The market is segmented based on region into North America, Europe, Asia-Pacific, and LAMEA. The leading players profiled in the report include Dardi International Corporation, WARDJet, Inc., Bystronic Laser AG, Colfax Corporation, OMAX Corporation, Jet Edge, Inc., Resato International BV, Koike Aronson, Inc., Shape Technologies Group, and Hypertherm, Inc.
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The study provides an in-depth analysis of the waterjet cutting machine market along with current trends and future estimations to elucidate the imminent investment pockets.
The waterjet cutting machine market is segmented on the basis of technology, industry, and geography.
Pure Waterjet Cutting Technology
Dardi International Corporation
Flow International Corporation, SpaceClaim Corporation, KMT Waterjet, Yaskawa Electric Corporation, Finepart Sweden AB, Micro Waterjet LLC, Innomax AG, and Belotti S.P.A, Phenix Technologie, Metronics Technologies S..r.L., HYDRAjet Technology Corporation, Waterjet Corporation, MicroStep Group, Stainless Technologies, Esaja Limited., Intacomp cc.
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Kritarth Arun (Marketing & Sales)