Global Waterjet cutting Machine Market is valued approximately USD 0.97 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.25% over the forecast period 2020-2027. The water cutting machine is referred to a machine that is used for precise and accurate cutting in the manufacturing sector. The machine uses high pressurized jet of water for cutting softly, lightly or permeable materials along with uses combination of abrasives and water. The waterjet cutting machine is gaining larger demand from automotive industry in incremental vehicle fleet & incorporation of modern design features to the vehicle. Hence, rapid growth in production of passenger vehicle is stimulating the demand for waterjet cutting machine market over the forecast years. According to the International Organization of Motor Vehicle Manufacturer (OICA), the production of passenger cars accounted for around 73.45 million units in the year 2017 as compared to 72.10 million units in the year 2016 on the global scenario. Further, , China was the largest producer of passenger cars. China produced around 24.80 million units of passenger cars in the year 2017 from 24.42 million units in 2016. Also, over 2.69 million units of passenger cars were produced in Brazil in 2017 from 1.77 million units in 2016. In addition, promising growth in global steel industry is the factor propelling the growth of market over the forecast years. However, high cost of ownership and requirement of technical know-how is the factor hampering the market growth.

The regional analysis of global Waterjet cutting Machine Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the promising growth in steel industry. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as growing demand for waterjet cutting machines in rapid growth in automotive industry and growing demand from wind energy industry would create lucrative growth prospects for the Waterjet cutting Machine Market across Asia-Pacific region.

Major market player included in this report are:
Colfax Corporation
Lincoln Electric Company
Flow International
Omax Corporation
KMT Waterjet
Hornet Cutting Systems
A Innovative International Ltd.
WARDJet, Inc.
Koike Aronson
Semyx

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Product type Product types of key players. The detailed segments and sub-segment of the market are explained below:

By Product type:
3D Waterjet Cutting Machines
Micro Waterjet Cutting Machines
Robotic Waterjet Cutting Machines

By Application:
Exotic Metal & Non-Traditional Material Cutting
Ceramic/Stone Cutting
Glass/Metal Art
Gasket Cutting
Fiberglass Cutting
Foam Product Cutting

By End-use Industries:
Electronics
Metal Fabrication
Automotive
Aerospace
Food Processing
Textile
Machine Manufacturing
Medical Device

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Waterjet cutting Machine Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors