Jersey City, New Jersey, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Verified Market Research® recently published a report, “Waterjet Cutting Machinery Market” By Product (3D Waterjet Cutting Machinery, Micro Waterjet Cutting Machines, and Robotic Waterjet Cutting Machines), By Application (Exotic Metal and Non-Traditional Material Cutting, Ceramic/Stone Cutting, Glass/Metal Art, Gasket Cutting, Others), By Industry (Electronics, Metal fabrication, Automotive, Aerospace, Food Processing, Textile, Others.), and By Geography.
As per the deep research carried out by Verified Market Research®, the global Waterjet Cutting Machinery Market size was valued at USD 869.2 Million in 2018 and is projected to reach USD 1,363.5 Million by 2026, growing at a CAGR of 6% from 2019 to 2026.
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Browse in-depth TOC on “Waterjet Cutting Machinery Market”
202 - Pages
126 – Tables
37 – Figures
Global Waterjet Cutting Machinery Market Overview
A waterjet cutting machinery is a type of industrial appliance used for the precise cutting of various materials using a high-pressure jet of water or a combination of abrasive and water. Water jet cutting machines typically cut softer materials such as wood or rubber. A water jet is used in a variety of industries during the fabrication of machine parts for top precision cutting, complex shape cutting, and hard material cutting. The primary advantage of using water jet cutting machinery is that no material is subjected to thermal stress, which eliminates surface hardening, warping, and the emission of hazardous gases.
One of the main factors holding back growth is the shifting preference for adopting environmentally friendly cutting processes and practices in sectors like automotive, mining, electronics, construction, packaging, and textile. Additionally, over the course of the forecast period, a rise in process automation across industries has prompted the adoption of cutting-edge machinery. Due to its versatility in cutting a variety of materials, including metals, composites, glass, and flammable materials, waterjet cutting technology is becoming more and more popular among industries. It is anticipated that the demand for WCMs will increase each year significantly, along with the demand for more advanced equipment. These are expected to positively fuel the expansion of the market for waterjet cutting equipment globally.
Verified Market Research® narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interest the client. The “Global Waterjet Cutting Machinery Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
Key Players
The “Global Waterjet Cutting Machinery Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Medtronic, Koninklijke Philips N.V., Ambu, Cognionics, Inc., Natus Medical Incorporated, 3M, CONMED Corporation, Rhythmlink International, LLC, Leonhard Lang GmbH (Acquired By DCC PLC.), Nihon Kohden Corporation, Compumedics Limited, G.Tec Medical Engineering GmbH, SOMNOmedics GmbH, NeuroSky, General Healthcare (Subsidiary of General Electric Company).
Based on the research, Verified Market Research® has segmented the global Waterjet Cutting Machinery Market into Product, Application, Industry, and Geography.
- Waterjet Cutting Machinery Market, by Product
- 3D Waterjet Cutting Machines
- Micro Waterjet Cutting Machines
- Robotics Waterjet Cutting Machines
- Waterjet Cutting Machinery Market, by Application
- Exotic metal and Non-Traditional Material Cutting
- Ceramic/Stone Cutting
- Glass/Metal Art
- Gasket Cutting
- Others
- Waterjet Cutting Machinery Market, by Industry
- Electronics
- Metal fabrication
- Automotive
- Aerospace
- Food Processing
- Textile
- Others
- Waterjet Cutting Machinery Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
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