Waterjet Cutting Machine Market Size

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

Waterjet Cutting Machine Market Size

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

The growth of the market can be attributed to the growing production of metals. Waterjet is typically used in cutting a wide range of metals and making products out of them, therefore higher production of metals will increase the usage of waterjet. The globe mined around 181 million tonnes of different metals in 2021, including aluminum, chromium, copper, magnesium, zinc, lead, titanium, nickel, zinc, and others.

Besides this, a factor that is believed to fuel the market growth of waterjet cutting machine is the growing production of new clothes- Every year, around 80 billion to 100 billion new clothes are produced in the world. Waterjet cutting machines can handle multiple layers of fabric simultaneously, allowing for efficient mass production of clothes.


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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
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