Global Market Study on Waterjet Cutting Machines: Emerging Micro Water-cutting Technology to Catalyze Market Growth


Waterjet Cutting Machines  Market
  • Published On : Feb-2020 |
  • Pages : 283 Pages |
  • Format : Waterjet Cutting Machines  Market Waterjet Cutting Machines  Market Waterjet Cutting Machines  Market Waterjet Cutting Machines  Market

Rapid growth of the automobile sector is the key driving factor for the growth of the global waterjet cutting machine market. The demand for waterjet cutting in the automobile sector is increasing constantly. The industry requires precision cutting and strict cutting tolerance, which is well-served by waterjet cutting machines. The market is expected to be further driven by evolving automobile designs, and rising demand for automobiles around the world, particularly in the developing nations of Asia Pacific and Latin America.

High Capital Requirement for Installing Waterjet Cutting Machines

End-use industries of the above-mentioned developing regions are mostly dependent on traditional cutting methods, such as laser cutting, oxy-fuel cutting, and plasma cutting for metal fabrication purposes. Indian industries still use these traditional cutting processes on a large scape. The high price associated with waterjet cutting machines is slowing down the sales of this equipment, which results in limited installation of machinery. This affects the consumption of waterjet cutting machines, and obstructs market growth. The utilization of waterjet cutting machines is based on the degree of customization incorporated in the equipment. Small and medium industries do not prefer waterjet cutting machines. With merely 8-10% of concentration of tier I industries engaged in high-precision cutting, the waterjet cutting machine market is expected to hold moderate prospects in the coming future.

Waterjet Cutting Machines Gaining Traction across Various End-use Industries

Waterjets are used for common materials such as steel, aluminium, and foam. However, there are some applications where waterjets really perform well. For instance, abrasive waterjets are used on exotic metals such as Inconel & titanium, composites, and stones. Pure waterjets are used on cement boards and thick insulations. Highly-engineered composites such as carbon fibre-reinforced plastic are challenging to mill or saw. Usually, such materials have two components -- epoxy resin and fibre. The epoxy part can burn easily and fibres can get damaged during cutting. The use of abrasive waterjets can eliminate such problems. Milling of titanium alloys is a difficult cutting process, as milling is very slow and produces lots of heat. Abrasive waterjets are used to produce highly accurate titanium parts, which are used in aircraft.

Focus of Manufacturers on Introducing New Products

Waterjet cutting machine manufacturers are focused on introducing new products in the market in order to gain a competitive advantage as well as meet the increasing demand as a result of technological advancements. For instance, in February 2018, for the first time, Waterjet Sweden showcased its H-model waterjet cutting machine at EuroBlech 2018, which was launched in 2016 along with the T-model waterjet cutting machine. In 2016, Koike Arson Inc. introduced a new waterjet cutting machine that could work as fast as 500 IPM, with standard cutting areas up to 72 by 144 in., and a table capacity of up to 125 lbs./sq. ft. This machine comes with features such as adjustable water height, clamping, air-over-oil hydraulic cooling, laser plate alignment, and laser height control.

Analysts’ Viewpoint

As per our analysts’ review, the waterjet cutting machine market is growing at a significant rate in the global market. The study has noticed that, the metal fabrication industry is expected to create significant growth opportunities for the global waterjet cutting machine market. With advancements in water cutting technology, the demand for small-nozzle and micro-cutting waterjet cutting machines is increasing. The market is projected to extend beyond established regions such as North America and Europe, towards emerging regions such as East Asia and South Asia. Global manufacturers are focusing on expanding their businesses by increasing their sales offices and distribution centers. The waterjet cutting machine market in Latin America is estimated to create significant market opportunity in terms of sales in the coming years.

Waterjet Cutting Machine Market - Scope of the Report

Persistence Market Research (PMR) recently published a study report on the global waterjet cutting machine market. The report provides detailed valuation on key market dynamics, such as the drivers, trends, opportunities, and restraints, along with detailed information about the waterjet cutting machine market structure. This market research report presents exclusive facts and figures about how the waterjet cutting machine market will grow over the forecast period.

Key indicators of market growth, such as value chain analysis and supply chain, compounded annual growth rate (CAGR), and year-on-year (Y-o-Y) growth of the market are explained in PMR’s study in a comprehensive manner. This information can help readers understand the quantitative development projections of the waterjet cutting machine market over the forecast period.

The study is relevant for stakeholders in the waterjet cutting machine market, as well as manufacturers, distributors, suppliers, and investors, as it can help them understand applicable strategies to grow in the market. Stakeholders, investors, industry experts, researchers, and journalists, as well as business researchers in the waterjet cutting machine market can leverage the information and statistics presented in PMR’s research report.

The report includes facts & figures related to the macro as well as macroeconomic factors that are impacting the growth of the waterjet cutting machine market. The study also offers actionable insights based on the future trends in the waterjet cutting machine market. Furthermore, regional players and new entrants in the waterjet cutting machine market can also use the information presented in this report to make business decisions and gain momentum in the market.

Key Segments of Waterjet Cutting Machine Market

PMR’s study on the waterjet cutting machine market is divided into five significant segments - pump type, application, pressure range, end-use industry, and region. This report offers comprehensive data and information about important market dynamics and growth parameters related to these categories.

Pump Type

Application

Pressure Range

End-use Industry

Region

  • Direct Drive Pumps
  • Intensifier Pumps
  • One Dimensional Cutting
  • Two Dimensional Cutting
  • Three Dimensional Cutting
  • Up to 4200 Bar
  • More than 4200 Bar
  • Metal Fabrication
  • Automotive
  • Ceramics
  • Electronics
  • Paper
  • Others (Food, Medical, Aerospace & Defense)
  • North America
  • Latin America
  • Europe
  • South East Asia & Pacific
  • China
  • Middle East and Africa
  • Australia & New Zealand

Key Questions Answered in PMR’s Waterjet Cutting Machine Market Report

  • Which region is anticipated to hold prominent share in the global waterjet cutting machine market over the forecast period?
  • What will be the key driving factors propelling the demand for waterjet cutting machines during the forecast period?
  • How will current trends impact the waterjet cutting machine market?
  • Who are significant market participants in the waterjet cutting machine market?
  • What are the crucial strategies of prominent players in the waterjet cutting machine market to upscale their positions in this landscape?

Waterjet Cutting Machine Market: Research Methodology

In PMR’s research report, exclusive research methodology is utilized to conduct comprehensive research on the development of the waterjet cutting machine market and reach conclusions on the future growth factors of the market. In this research methodology, secondary and primary research is utilized by assistant analysts to ensure precision and reliability of the conclusions.

Secondary resources are referred by analysts during the evaluation of the waterjet cutting machine market study, and comprise of the facts and figures from the World Bank, government websites, white papers, trade journals, and external and internal databases. Analysts have thoroughly interviewed several industry experts, such as sales supervisors, sales operation managers, product portfolio managers, senior managers, market intelligence managers, marketing/product managers, and production managers to provide insightful information.

Comprehensive information acquired from primary resources and secondary resources is validated from companies operating in the market to make PMR’s projection on growth prospects of the waterjet cutting machine market more accurate and reliable.

Companies covered in Waterjet Cutting Machines Market Report

  • Caretta Technology s.r.l.
  • CMS Industries
  • DARDI International Corporation
  • Flow International Corporation
  • Foshan Yongshengda Machinery Co., Ltd.
  • H2O Jet
  • Hornet Cutting Systems
  • Hypertherm Inc.
  • International Waterjet Machines
  • Jet Edge, Inc.
  • KMT Waterjet
  • Koike Aronson, Inc.
  • Metronics Technologies S.L.
  • OMAX Corporation
  • Plasma Automation Inc. (VICON)
  • PTV, spol. s r.o.
  • Semyx, LLC
  • STM Stein-Moser GmbH
  • Sugino Machine Limited
  • TECHNI Waterjet
  • TrennTek GmbH
  • WARDJet
  • Waterjet Sweden
  • A Innovative International Ltd.

Waterjet Cutting Machines Market

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