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Waterjet Cutting Machines Market by Type (Abrasive Waterjet Cutting Machines, Non Abrasive Waterjet Cutting Machines), by Dimension Cutting (One Dimensional Cutting, Two Dimensional Cutting, Others), by End User Industry (Automotive, Metal Fabrication, Electronics, Aerospace, Others), : Global Opportunity Analysis and Industry Forecast, 2022-2030

Waterjet Cutting Machines Market by Type (Abrasive Waterjet Cutting Machines,...

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Waterjet Cutting Machines Market by Type (Abrasive Waterjet Cutting Machines, Non Abrasive Waterjet Cutting Machines), by Dimension Cutting (One Dimensional Cutting, Two Dimensional Cutting, Others), by End User Industry (Automotive, Metal Fabrication, Electronics, Aerospace, Others), : Global Opportunity Analysis and Industry Forecast, 2022-2030
Waterjet Cutting Machines Market by...
Report Code
RO14/128/2135

Publish Date
16/Aug/2022

Pages
200
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The global waterjet cutting machines market size was US$ 1,091.90 million in 2021. The global waterjet cutting machines market is expected to grow to US$ 1,971.40 million by 2030, registering a compound annual growth rate (CAGR) of 7.1% during the study period from 2022 to 2030.
The waterjet cutting machine is adaptable and can produce high-quality edges while cutting irregular shapes from any material. The abrasive-coated waterjet cutting machine can cut materials with bonded laminates. It includes rubber-lined wear plates and aluminium composite panels.

COVID-19 Impact Analysis
The end-user industries of waterjet cutting machines, including automotive, aerospace, consumer electronics, etc., were dramatically affected by the COVID-19 pandemic. As a result, it impeded the demand for waterjet cutting machines market. The manufacturers of waterjet cutting machines also recorded a sharp fall in terms of revenue as government-imposed lockdowns led to a shortage of raw materials and workforce.

Factors Influencing the Market
Waterjet cutting machines benefit users as it ensures precise output without the need for additional finishing steps. Further, it also amplifies the process, reducing the overall time without compromising the quality. Thus, it will drive the growth of the waterjet cutting machines market during the study period.
In sectors like automotive, aerospace, electronics, textile, construction, and mining, waterjet cutting machines are widely used. These tools are used to cut steel, titanium, and other metals in the auto industry. Metal gaskets for classic vehicles, disc brakes, clutches, and other racing car parts, as well as delicate fittings and brackets, are all produced using these machines. Thus, the wide and important applications of waterjet cutting machines are expected to bring ample growth opportunities for the global market during the study period.
In addition, cutting-edge technology like multi-axis waterjet cutting machines and 3D cutting is anticipated to simplify the use of the waterjet cutting process. Further, low-cost waterjet cutting machinery has been developed by market companies to increase revenue and invite more opportunities. For instance, Belotti Spa unveiled its NOVA, a Nesting Series CNC waterjet cutting technology, in January 2021. Thus, the continuously declining prices of waterjet cutting machines are expected to fuel the growth of the market during the analysis period.

Regional Analysis
The Asia-Pacific waterjet cutting machines are expected to hold dominance in the global market due to the rising industrialization, expanding consumer goods sector, and the presence of one of the largest automotive industries. The presence of various end-use industries of waterjet cutting machines is expected to potentially benefit the market in the region during the study period.

Competitors in the Market
Flow International Corporation
SpaceClaim Corporation
Dardi International Corporation
Colfax Corporation
OMAX Corporation
Jet Edge, Inc
Resato International BV
Koike Aronson, Inc
Shape Technologies Group
Hypertherm, Inc
Other Prominent Players

Market Segmentation
The global waterjet cutting machines market segmentation focuses on Type, Dimension Cutting, End-User, and Region.
By Type
Abrasive Waterjet Cutting Machines
Non-Abrasive Waterjet Cutting Machines
By Dimension Cutting
One Dimensional Cutting
Two Dimensional Cutting
Others
By End User Industry
Automotive
Metal Fabrication
Electronics
Aerospace
Others
By Regional Outlook
? North America
o The U.S.
o Canada
o Mexico
? Europe
? Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
? Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
? Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
? Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
? South America
o Brazil
o Argentina
o Rest of South America

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