Global Waterjet Cutting Machine Market To Grow At 3.6% During 2024-2032

07-Oct-2024 | Zion Market Research

According to Zion Market Research, the global waterjet cutting machine market size was almost USD 986.61 Million in 2023, with projections indicating that it will reach USD 1356.39 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 3.6% over the forecast period 2024-2032. The market expansion is influenced majorly due to massive trend of using eco-friendly cutting methods in construction, automotive, textile, mining, electronics, and packaging sectors. Moreover, need for precision and accurate cutting of material will further steer the market trends. The major players leveraging the market growth include Omax Corporation, Colfax Corporation, Koike Aronson, Inc., Dandi International Corporation, Flow International Corporation, Hornet Cutting Systems, and WARDJet, Inc.

Pure Waterjet Cutting Machine Market To Witness Remarkable Growth By 2032

The pure waterjet cutting machine sub-segment is anticipated to lead the type segment during the forecast timespan owing to the product being purest kind of waterjet cutting technology. Moreover, the pure waterjet cutting equipment operates by focusing high pressure water stream on soft material & thin material for precision cutting. This beneficial feature is expected to spur the product penetration across various manufacturing sectors over the foreseeable future.

Browse the full “Waterjet Cutting Machine Market Size, Share & Trends Analysis Report - By Type (Pure and Abrasive), By Application (Automotive, Electronics, Aerospace & Defense, Mining, and Metal Fabrication), By Region, And Segment Forecasts, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/waterjet-cutting-machinery-market

Automotive Sector To Dominate Application Landscape Over 2024-2032

Huge demand for manufacturing high precision automotive components has translated into large-scale acceptance of waterjet cutting machines in automotive component industry. Apart from this, waterjet cutting machines market share is going to surge in automotive sector due to the ability of the product in enhancing the operational efficiency of automotive processes.

Global Waterjet Cutting Machine Market

Asia Pacific Market To Acquire Number One Position By 2032

The growth of the regional market over the forecast timespan is due to large-scale urbanization as well as industrialization witnessed in the countries like South Korea, China, and India. Additionally, massive utilization of waterjet cutting machines in material handling, metal & mining, and food & beverage will steer the regional market expansion over the estimated timespan.

This review is based on a report by Zion Market Research, titled “Waterjet Cutting Machine Market Size, Share & Trends Analysis Report - By Type (Pure and Abrasive), By Application (Automotive, Electronics, Aerospace & Defense, Mining, and Metal Fabrication), By Region, And Segment Forecasts, 2024-2032”

The global waterjet cutting machine market is segmented as follows:

By Type

  • Pure
  • Abrasive

By Application

  • Automotive
  • Aerospace & Defense
  • Metal Fabrication
  • Electronics
  • Mining
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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