Waterjet Cutting Machine Market Analysis

  • Report ID: 1531
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Waterjet Cutting Machine Market Analysis

Waterjet (Abrasive, Non-Abrasive)

The abrasive segment is estimated to hold around 60% share of the global waterjet cutting machine market in the year 2037. The growth of the segment can be attributed to the need for high accuracy while cutting the materials. In comparison to other types of waterjet and other technologies, such as plasma cutting and others, abrasive waterjet cutting machines offer a high level of precision, enabling the carving of complete and intricate designs. Moreover, the abrasive one does not generate heat while being used.

End User (Automotive, Aerospace, Mining, Electronics, Metal Fabrication, Food & Beverage)

The automotive segment is expected to garner a significant share of around 38% in the year 2037. Modern automobiles are built using a wide range of advanced materials, such as advanced plastic, metals, glass, and composites. Waterjet cutting machine is highly suitable for the automotive industry as it provides high precision with all these materials. The typical automobile contains 30,000 parts, nearly one-third of which are made of plastic, that includes, handles, dashboards, panels, seating, cable insulation, and others.

Our in-depth analysis of the global market includes the following segments:

        Offering

  • Hardware
  • Software
  • Services

        Product Type

  • Micro
  • 3D
  • Robotic

        Waterjet

  • Abrasive
  • Non-Abrasive

        End User

  • Automotive
  • Aerospace
  • Mining
  • Electronics
  • Metal Fabrication
  • Food & Beverage
 
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Richa Gupta


  • Report ID: 1531
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of waterjet cutting machine is evaluated at USD 47.9 billion.

The waterjet cutting machine market size was over USD 45.85 billion in 2024 and is projected to reach USD 93.1 billion by 2037, witnessing around 5.6% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for packaging, automobiles, solar panels, and wind turbines will drive the market growth.

North America industry is expected to hold largest revenue share of 35% by 2037, impelled by increasing production of automobiles in the region.

The major players in the market include Kennametal Inc., Flow International Corporation, Ceratizit S.A., Jet Edge, Inc., Kimbald Technology AB, Techni Waterjet, Hypertherm Inc., ALLFI AG, KMT Waterjet, GMA Garnet Pty. Ltd., OMAX Corporation
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample