Waterjet machines 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 machine uses a pump to eject water at an extremely high pressure (of over 6,000 bars) 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 machines also help ensure minimal wastage of the material being machined.
The driving factors for the growth of waterjet cutting machine market include higher demand for process automation across various industry verticals. Additionally, stable growth from automobile industry is the fundamental factor that drives the growth of waterjet cutting machine market. Therefore, growing end-use applications of waterjet cutting machines and technological advancementsare the major drivers boosting the growth of global market.
The global Waterjet Cutting Machine market is valued at US$ 959.7 million in 2020 is expected to reach US$ 1143 million by the end of 2026, growing at a CAGR of 2.5% during 2021-2026.
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(This is our latest offering and this report also analyzes the impact of COVID-19 on Waterjet Cutting Machine market and updated by the current situation, especially the forecast)
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 also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
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.
The major players in the market include Dardi International, Flow International, OMAX, AnjaniTechnoplast, Bystronic, ESAB Welding & Cutting Systems, Huffman, Jet Edge, KMT Waterjet Systems, PowerJet Systems, Resato International, Waterjet, Waterjet Sweden, etc.
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Global Waterjet Cutting Machine Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Waterjet Cutting Machine market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Waterjet Cutting Machine Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
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