Global Waterjet cutting machine market share is projected to reach USD 1.5 billion by 2026, Growing at a CAGR of 6.2% during the forecast period. The market is driven by rising adoption of waterjet cutting machines across different industries, growing automotive industry, and operational excellence offered by waterjet cutting machine.
The waterjet cutting machine has a range of applications across industries. The waterjet cutting machine is flexible i.e. capable of cutting irregular shapes from any material with exceptional precision and edge quality. The waterjet cutting machine mixed with abrasive can cut almost any shape and thickness which includes bonded laminated materials such as aluminum composite panel and rubber-lined wear plates.
The major playersin the waterjet cutting machinemarket are Omax (US), Flow (US), Koike Aronson (US), Wardjet (US), Dardi (China), Lincoln Electric (US), Techni Waterjet (Australia), KMT (US), Colfax (US), Waterjet Sweden (Sweden), Innovative (India), Hornet Cutting System (US), Jekran (Malta), STM waterjet (Austria), International Waterjet Machines (US), Waterjet Corporation (Italy), Swaterjet (China), Foshan Yongshengda Machinery (China), Resato (Netherlands), Accurl (US), LDSA (France), Kimtech (Sweden), Jet Edge (US), Microstep (Slovakia).
Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=183785572
Abrasive segment to register for largest market in 2027
The abrasive waterjet cutting machines use abrasive materials in the high-pressure waterjet to cut the materials. These machines are used for cutting applications such as glass, metal, stone, and tile cutting. They are used in industries such as aerospace & defense, automotive, and metal fabrication.
Automotive industry to create highest growth opportunities for the market during the forecast period
The automotive industry is a key consumer of waterjet cutting machines. Waterjet cutting machines in automotive are used for cutting interior and exterior parts of the vehicles such as carpets, door panels, glass, rubbers, and dashboards. The use of waterjet cutting machines improves the flexibility of cutting equipment and enables ease with automation for the automotive industry, which drives the growth of the waterjet cutting machine market for this industry.
North America to account for largest market share of waterjet cutting machine market
In North America, the US is the largest market for waterjet cutting machines. The country has witnessed rapid growth in industries such as automotive, electronics, food, and aerospace. The growth in this market can be attributed to the large industrial base and high production capacity of companies in the country. The US is one of the largest automotive markets in the world and is home to several auto manufacturers, which is driving demand for waterjet cutting machines.
Thursday, March 21, 2024
Shaping the Future: Insights into the Waterjet Cutting Machine Market 2030
Subscribe to:
Post Comments (Atom)
The Evolution of Medical Electronics
The medical electronics market is a critical sector within the healthcare industry, encompassing a wide range of electronic devices and sys...
-
In the ever-evolving landscape of industrial automation, ensuring the safety of workers and machinery is paramount. Machine safety solutio...
-
Major factors driving the market for AI infrastructure include increasing adoption of cloud machine learning platform, escalating demand f...
-
The InGaAs Camera Market is expected to be valued at USD 132.6 Million by 2023 from USD 78.5 Million in 2017, at a CAGR of 9.1% between ...
No comments:
Post a Comment