Waterjet Cutting Machine Market

Waterjet Cutting Machine Market was estimated at USD 969 Million in 2020 and projected to grow at 5.1% CAGR during the forecast period

Introduction of the Waterjet Cutting Machine Market Report

Waterjet Cutting is a process of engineering for cutting with a water jet by using energy from high speed, high density, ultra-high-pressure water. The water is pressurized up to 392 MPa (Megapascal Pressure Unit) and projected from a small-bore nozzle. An ultrahigh-pressure pump pressurizes the water to reach a speed approximately three times the speed of sound, producing a water jet with destructive force.

To have an edge over the competition by knowing the market dynamics and current trends of “Waterjet Cutting Machine Market”, request for Sample Report here

Market Dynamic

Key Drivers and Emerging Trends

The waterjet cutting machine can cut materials such as rubber, gaskets, foam, plastics, metal, and other material. The waterjet cutting machines cut the material with exceptional precision and edge quality, significantly accelerating the cutting process and saving time. Moreover, waterjet is a cold cutting process that eliminates heat distortion and hardened edges without altering the material’s structural properties. It offers minimal usage of water with the ability to cut heterogeneous material. It has found extensive applications in multiple industries, including automotive, electronics, aerospace & defense, mining, metal fabrication, and many more.

Additionally, advanced technologies such as micro waterjet cutting, and nano jet cutting are used for higher speed cuttings. For instance, Fantom Digital Manufacturing offers micro jet cutting, developed to machine flat parts in thickness which ranges from 0.001” to 0.125” with incredible accuracy. It provides multiple benefits, including no thermal impact or change in material structure, minimal burr, no heat-affected area, cost-effective, and many more.

Restraint in the Waterjet Cutting Machine Market

However, the energy consumed by waterjet cutting machines directly contributes to the operating cost, which can be a hindrance for the company. Additionally, several factors such as water, labor cost, power, parts can affect the hourly running cost of the waterjet cutting machine and can be a restriction for the Waterjet Cutting Machine market.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Product Type – Segment Analysis

Based on product type, the robotic waterjet cutting segment is expected to witness higher growth in the coming years. Waterjet cutting robots are used to cut, drill, and clean various types of materials. Water jet robots do not require chemical solvents allowing water to circulate and flow and continuous recycling significantly reduces waste. For instance, KUKA AG produces waterjet cutting machines with 26 HP and a water nozzle for faster cutting speeds, higher yield, and more accessible product handling.

Industry – Segment Analysis

Based on industry, the aerospace segment is projected to witness higher growth in the coming years. Waterjet cutting technology is used in the aerospace industry extensively used for cutting parts such as fuselages, engine components, interior cabin panels, rotary blades, and many more. For instance, KMT waterjet, a Shape Technologies Group offers a waterjet intensifier pump technology. It has been extensively used in aerospace industry for cutting titanium, inconel, brass, aluminium, and steel.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here.

Regional – Segment Analysis

Based on region, the Asia Pacific region is projected to grow as the largest market for Waterjet Cutting Machine globally during the forecast period. The market size in this region is driven by the expansion of automobile industries, metal fabrications, and electronics industries. The growing demand for the machine manufacturing sector for products and services across various countries such as India, China, and others will further propel the market growth.

Top Market Players

Several leading companies in the market include Ward Jet, Koike Aronson Inc., Techni Waterjet, Hornet Cutting Systems, Omax Corporation, Colfax Corporation, Lincoln Electric Holdings, STM Waterjet, Waterjet Corporation, Waterjet Systems International Pvt Ltd., and among others.

Key Developments:

• • In 2021, KUKA AG has received an order of 100 KUKA robots from BACA Systems for robotic solutions in stone cutting industry. The Robo SawJet can cut stones at an angle of 90 degrees vertically to the floor.
  • In 2020, Koike Aronson Ransome launched a waterjet cutting machine, the ShopJet. It is ideal for cutting applications like stonework and countertops, ferrous and non-ferrous metal up to two inches thick, shearing of textile, and more.

Segments covered in the Report:

The Waterjet Cutting Machine Market has been segmented based on Product Type, Industry, and region. Based on Product Type, the market is segmented into Robotic Waterjet Cutting, 3D Waterjet Cutting, Micro Waterjet Cutting. Based on Industry, market is segmented into Automotive, Aerospace, Healthcare, Mining, Electronics, and Others.

For detailed scope of the “Waterjet Cutting Machine Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is global waterjet cutting machine market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in waterjet cutting machine Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global waterjet cutting machine market?
  • Which product type generated maximum revenues in 2020 and identify the most promising product type during the forecast period?
  • What is the various industry of global waterjet cutting machine Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Waterjet Cutting Machine Market by Product Type

• • Robotic Waterjet Cutting
  • 3D Waterjet Cutting
  • Micro Waterjet Cutting

Global Waterjet Cutting Machine Market by Industry:

• • Automotive
  • Aerospace
  • Healthcare
  • Mining
  • Electronics
  • Others

Global Waterjet Cutting Machine Market by Region

• • North America Waterjet Cutting Machine Market (Option 1: As a part of the free 25% customization)
    • North America Waterjet Cutting Machine Market by Product Type
    • North America Waterjet Cutting Machine Market by Industry
    • US Waterjet Cutting Machine Market All-Up
    • Canada Waterjet Cutting Machine Market All-Up
  • Europe Waterjet Cutting Machine Market (Option 2: As a part of the free 25% customization)
    • Europe Waterjet Cutting Machine Market by Product Type
    • Europe Waterjet Cutting Machine Market by Industry
    • UK Waterjet Cutting Machine Market All-Up
    • Germany Waterjet Cutting Machine Market All-Up
    • France Waterjet Cutting Machine Market All-Up
    • Spain Waterjet Cutting Machine Market All-Up
    • Rest of Europe Waterjet Cutting Machine Market All-Up
  • Asia-Pacific Waterjet Cutting Machine Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Waterjet Cutting Machine Market by Product Type
    • Asia-Pacific Waterjet Cutting Machine Market by Industry
    • China Waterjet Cutting Machine Market All-Up
    • India Waterjet Cutting Machine Market All-Up
    • Japan Waterjet Cutting Machine Market All-Up
    • Rest of APAC Waterjet Cutting Machine Market All-Up
  • RoW Waterjet Cutting Machine Market (Option 4: As a part of the free 25% customization)
    • RoW Waterjet Cutting Machine Market by Product Type
    • RoW Waterjet Cutting Machine Market by Industry
    • Brazil Waterjet Cutting Machine Market All-Up
    • South Africa Waterjet Cutting Machine Market All-Up
    • Saudi Arabia Waterjet Cutting Machine Market All-Up
    • UAE Waterjet Cutting Machine Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Waterjet Cutting Machine Market All-Up

Major Players Operating in the Waterjet Cutting Machine market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Ward Jet
  • Koike Aronson Inc.
  • Techni Waterjet
  • Hornet Cutting Systems
  • Omax Corporation
  • Colfax Corporation
  • Lincoln Electric Holdings
  • STM Waterjet
  • Waterjet Corporation
  • Waterjet Systems International Pvt Ltd.