Key Market Dynamics in Waterjet Cutting Machine

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MarketsandMarkets Presents

Key Market Dynamics in Waterjet Cutting
Machine Waterjet Cutting Machine Market by
Product Type (3D, Micro, and Robotic),
Application (Glass/Metal Art, Fiberglass Cutting,
Foam Product Cutting), Industry (Automotive,
Machine Manufacturing, Medical Devices), and
Geography - Global Forecast to 2023
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The waterjet cutting machine market is expected
to reach USD 1,248.0 million by 2023 from USD
921.7 million by 2018, at a CAGR of 6.25 during
the forecast period. Factors such as promising
growth in the global steel industry, growing
automobile industry, development of industrial
sector in the Middle East and Africa, and a
comprehensive increase in construction activities
drive the growth of this market. Browse 61
market data Tables and 31 Figures spread
through 112 Pages and in-depth TOC on "Waterjet
Cutting Machine Market - Global Forecast to 2023"
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3D waterjet cutting machines to account for
largest size of market during 20182023 The 3D
waterjet cutting machines are expected to hold
the largest size of the waterjet cutting machine
market by 2023. These cutting machines are
suitable for all manufacturing processes
involving 3D cutting and job shops seeking to
expand their capabilities. 3D waterjet cutting
systems are widely used in the aerospace and
automotive industries, as well as in the
prototype development applications of various
industries. Ask PDF Brochure https//www.markets
andmarkets.com/pdfdownloadNew.asp?id183785572 Gl
ass/metal art to hold largest size of waterjet
cutting machine market during forecast
period The glass/metal art application is
expected to account for the largest share of the
waterjet cutting machine market during the
forecast period. Waterjets are the superior
method for cutting hurricane glass as the jets
are omnidirectional and can cut the complex
patterns easily. In metal cutting, waterjets are
ideally suited for tough and lucrative
applications such as titanium, brass, and tool
steel cutting, and aluminum and steel cutting.
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APAC accounted for largest share of waterjet
cutting machine market in 2017 APAC accounted for
the largest share of the waterjet cutting machine
market in 2017, followed by North America and
Europe. This market in APAC is also expected to
grow at the highest CAGR during the forecast
period. The growth of the market in APAC is
driven by the expansion of the metal fabrication
and automotive industries, coupled with the
growing machine manufacturing industry, in India
and China, among others. The efforts by the
Government of India to strengthen the countrys
manufacturing industry through its Make in
India initiative is likely to propel the demand
for waterjet cutting machines in the next few
years. This initiative focuses on 25 sectors,
which include automobiles, aerospace, and
railways and electrical machinery it aims to
facilitate investments, build high-class
manufacturing infrastructure, and foster
innovation in the country. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id183785572 The leading players in
the waterjet cutting machine market are Colfax
Corporation (US), Lincoln Electric Holdings, Inc.
(US), Flow International (US), Koike Aronson
(US), Omax Corporation (US), KMT Waterjet (US),
Hornet Cutting System (US), A Innovative
International (India), and Semyx (US).
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• Target Audience
• Raw material suppliers
• Semiconductor foundries
• Waterjet cutting machine manufacturers
• OEMs white label manufacturing for others in
  bulk volume
• System/network integrators
• Intellectual property (IP) and licensing
  providers
• Governments, financial institutions, and
  investment communities
• Product manufacturers
• Suppliers and distributors
• The Objectives of the Study are as follows
• To describe, segment, and forecast the waterjet
  cutting machine market on the basis of product
  type, application, industry, and geography
• To forecast the market size, in terms of value,
  of various segments with regard to 4 main
  regionsNorth America, Europe, Asia Pacific
  (APAC), and Rest of the World (RoW)
• To provide detail the market dynamics influencing
  the growth of the market (drivers, restraints,
  opportunities, and industry-specific challenges)
• To strategically analyze micromarkets with
  respect to individual growth trends, prospects,
  and their contribution to the total market
• To analyze opportunities in the market for
  stakeholders and provide details of a competitive
  landscape for market leaders

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