Waterjet Cutting Machine Market Outlook 2025: Top Companies, Trends and Future Prospects Details for Business Development
“Global Waterjet Cutting Machine Market– Industry Trends and Forecast to 2025” newly adds in Data Bridge Market Research database. This report covers leading key company profiles with information such as business overview, regional analysis, consumption, revenue and specification.
Pune, India -- (SBWire) -- 02/20/2019 --The Global Waterjet Cutting Machine Market is expected to reach USD 1,327.1 million by 2025 from USD 863.4 million in 2017 and is projected to grow at a CAGR of 6.29% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
This report also contains all the recent developments, product launches, joint ventures, merges and accusations by the top brands and players. All the way by also informing what the market drivers and restrains are with help of SWOT analysis.
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Market Segmentation:
Based on product type,
- 3D,
- Micro
- Robotic
Based on technology
- Pure waterjet cutting technology,
- Abrasive waterjet cutting technology
Based on applications,
- Glass/metal art,
- Fiberglass cutting,
- Foam product cutting
Based on end user industry,
- Automotive,
- Machine manufacturing,
- Medical devices
Based on geography,
- North America,
- South America,
- Europe,
- Asia-Pacific
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Market Analysis:
The Global Waterjet Cutting Machine Market is expected to reach USD 1,327.1 million by 2025 from USD 863.4 million in 2017 and is projected to grow at a CAGR of 6.29% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Competitive Analysis:
The global waterjet cutting machine market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of waterjet cutting machine market for global, Europe, North America, Asia Pacific and South America.
Analysis:
- In 2017, OMAX Corporation introduced GlobalMAX abrasive materials for cutting virtually any materials.
- In 2017, OMAX Corporation launched new protoMAX abrasive water jet which is applicable in cutting a material that 2'' thick.
- In 2015, Hughes Pump introduced Ultrabar 30 triplex pump in waterjet machine for offshore oil & gas, manufacturing, ship maintenance and contracting.
Key Players:
- DARDI International Corporation,
- WARDJet LLC ,
- BYSTRONIC ,
- Colfax Corporation,
- OMAX Corporation,
- Resato International.,
Koike Aronson, Inc., Shape Technologies Group, Hypertherm, Inc., Waterjet Corporation s.r.l. BFT GmbH, Uhde High PRESSURE Technologies GmbH, Pressurejet, NLB Corporation, Innovative International Ltd., Waterjet Corporation S.R.L., TECHNI Waterjet, OH Precision Corporation, Waterjet Systems International, Hughes Pumps Ltd, MAXIMATOR JET WATERJET CUTTING SYSTEMS, Semyx, LLC, Hornet Cutting Systems, HEADAI, AxonAI, Innovile Communications, AirHop Communications, Heron Robots Srl, TelXperts and many more.
Market Drivers and Restraints:
- Increasing demand for implementation of automobile industry.
- Growing demand in the field of 3D cutting and job shops.
- Rising demand for water cutting machine in the electronic industry such as applicable in electrical enclosures and control panels.
- Rising demand in aerospace industry for cutting hard metals such as steel, titanium and glass.
- Distortion due to high cost of establishment.
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