Dublin, Dec. 01, 2022 (GLOBE NEWSWIRE) -- The "Waterjet Cutting Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global waterjet cutting machine market reached a value of US$ 1.0 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 1.4 Billion by 2027, exhibiting a CAGR of 5.77% during 2021-2027.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A waterjet cutting machine (WCM) refers to an industrial tool that uses high-pressure water jet streams to cut and shape different materials. The stream consists of water or abrasive liquids that can cut through metals, glasses, foams and reflective materials without melting, warping or distorting their original structure.
The machines do not require heat for cutting and can maintain the quality of the materials that are sensitive to high temperatures. They also offer various other benefits, such as high precision cutting, ability to cut heterogeneous materials and minimal water consumption. Owing to this, they find extensive applications across multiple industries, including automotive, electronics, aerospace & defense, food and beverage, mining, metal fabrication, paper processing, textile, etc.
Rapid industrialization across the globe is one of the key factors driving the growth of the market. Furthermore, widespread product adoption by the automobile industry is also providing a boost to the market growth. WCMs are used for manufacturing metal gaskets, automotive brake disks, clutches and intricate decorative fittings and brackets.
Apart from this, they are also extensively used for manufacturing components made by using composite materials for aircraft turbines and jet engines.
Additionally, various technological advancements, such as the development of micro, 3D and robotic WCMs, which offer cutting outputs with enhanced precision, are acting as another major growth-inducing factor. Moreover, WCMs find applications in the military and defense sector as they are used to develop guided missiles, fuselages, and space vehicles. Other factors, including rapid urbanization and significant growth in the industrial manufacturing and metal fabrication industries, are also expected to drive the market further.
Report Attribute | Details |
No. of Pages | 145 |
Forecast Period | 2021 - 2027 |
Estimated Market Value (USD) in 2021 | $1 Billion |
Forecasted Market Value (USD) by 2027 | $1.4 Billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Global |
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being A. Innovative International Limited, Colfax Corporation, Dardi International Corporation, Flow International Corporation (Shape Technologies Group), Hornet Cutting Systems, Hypertherm Inc., Jekran Ltd., Jet Edge Inc., KMT GmbH, Koike Aronson Inc., Lincoln Electric Holdings Inc., Semyx LLC, Wardjet LLC (AXYZ International Inc.), etc.
Key Questions Answered in This Report:
- How has the global waterjet cutting machine market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global waterjet cutting machine market?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the horsepower?
- What is the breakup of the market based on the machine size?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global waterjet cutting machine market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Waterjet Cutting Machine Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Pure
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Abrasive
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Product Type
7.1 3D Waterjet Cutting
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Micro Waterjet Cutting
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Robotic Waterjet Cutting
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Horsepower
8.1 0 to 50 HP
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 51 to 100 HP
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Machine Size
9.1 Small
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Medium
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Large
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Application
10.1 Automotive
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Electronics
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Aerospace and Defense
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Mining
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Metal Fabrication
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast
11 Market Breakup by Region
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
15 Price Indicators
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 A. Innovative International Limited
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2 Colfax Corporation
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Dardi International Corporation
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Flow International Corporation (Shape Technologies Group)
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 Hornet Cutting Systems
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6 Hypertherm Inc.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.7 Jekran Ltd.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 Jet Edge Inc.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9 KMT GmbH
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.10 Koike Aronson Inc.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11 Lincoln Electric Holdings Inc.
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 Semyx LLC
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.13 Wardjet LLC (AXYZ International Inc.)
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio
For more information about this report visit https://www.researchandmarkets.com/r/2xqn7k
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