Waterjet cutter provide an efficient method of producing intricate components of machines with relative ease and precision. It facilitates versatile and effective machining, cutting, and shaping of metals and other materials. A waterjet cutter uses a pump to eject water at an extremely high pressure through a nozzle to cut metals and other materials. These machines generate a lesser amount of heat compared to other cutting technologies and can, therefore, be used even on materials that are highly sensitive to high temperatures. Waterjet cutter also help to ensure minimal wastage of the material being machined.
Market Analysis and Insights: Global Waterjet Cutter Market
Due to the COVID-19 pandemic, the global Waterjet Cutter market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Pressurized Water accounting for % of the Waterjet Cutter global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Automotive segment is altered to an % CAGR throughout this forecast period.
APAC accounted for the largest share of the global Waterjet cutter market in 2017. The growth of the market in APAC is driven by the expansion of the metal fabrication and automotive industries, coupled with the growing machine manufacturing industry, in countries such as India and China. Additionally, the factors such as the rise in infrastructural expenditure, growing population, and increased consumer spending are the main drivers for the Waterjet cutter market in APAC.
Global Waterjet Cutter Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Waterjet Cutter Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Pressurized Water
Abrasive Mixture
Segment by Application
Automotive
Stone & Tiles
Job Shop
Aerospace & Defense
Others
By Company
Flow International
Omax
KMT AB
Sugino Machine
Bystronic Group
CMS Industries
Jet Edge Inc
Resato
WARDJet Inc.
Waterjet Corporation
ESAB Cutting Systems
TECHNI Waterjet
Dardi
Shenyang APW
Yongda Dynamo Electirc
Sino Achieve
Shenyang Head
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina