Waterjet Cutting Machine Market Regional Analysis:
North American Market Insights
The waterjet cutting machine market in North America is poised to be the largest with a share of about 35% by the end of 2035. The market growth in the region can be attributed to increasing production of automobiles. The United States is one of the largest producers of automobiles, and the demand for waterjet cutting machines has increased dramatically. On the other hand, the presence of a large network of small and medium-sized businesses in Canada has boosted the manufacturing units of the region.
APAC Market Insights
The Asia Pacific waterjet cutting machine market is estimated to dominate a share of about 28% by 2035. The market growth is impelled by rising manufacturing industry. Asia Pacific has become the new hub for the manufacturing of products. Countries such as China have achieved a major mark in the manufacturing industry and India is also rapidly advancing. We anticipate that ASEAN manufacturing production might increase by USD 400 billion to USD 600 billion per year by 2030, compared to 2020 levels.