Waterjet Cutting Machine Market Size, Forecast, Analysis, Trends 2023 - PowerPoint PPT Presentation

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Waterjet Cutting Machine Market Size, Forecast, Analysis, Trends 2023

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The waterjet cutting machine market was valued at USD 0.86 Billion in 2017 and is expected to reach USD 1.24 Billion by 2023, at a CAGR of 6.25% during the forecast period. – PowerPoint PPT presentation

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Title: Waterjet Cutting Machine Market Size, Forecast, Analysis, Trends 2023


1
MarketsandMarkets Presents

Waterjet Cutting Machine Market Size, Forecast,
Analysis, Trends 2023 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 https//www.m
arketsandmarkets.com/Market-Reports/waterjet-cutti
ng-machine-market-183785572.html
2
The waterjet cutting machine market was valued
at USD 0.86 Billion in 2017 and is expected to
reach USD 1.24 Billion by 2023, at a CAGR of
6.25 during the forecast period. The objective
of the report is to describe, segment, and
forecast the market based on product type,
application, industry, and geography. Significant
factors influencing the growth of this market
include promising growth in the global steel
industry, growing automobile industry,
development of the industrial sector in the
Middle East and Africa, and an overall increase
in construction activities. 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"
3
Waterjet Cutting Machine or WCM, is an
industrial tool that uses a high-pressure jet
stream of water to cut different materials. The
jet stream may contain pure water or an abrasive
material mixed with it. The waterjet cutting
technology is capable of cutting various
materials, including metals, glass, stone, foam,
and reflective materials without melting,
distorting, or warping their original structure.
Waterjet cutting machines do not require heat for
cutting and thus maintain the base quality of the
material being processed. This makes waterjet
cutting highly suitable for cutting the materials
which are sensitive to high temperatures. Ask
PDF Brochure https//www.marketsandmarkets.com/pd
fdownloadNew.asp?id183785572 The market for
robotic waterjet cutting machines to grow at the
highest CAGR from 2018 to 2023 A robotic waterjet
cutting machine consists of an industrial robot
and a highpressure water jet system. The robotic
waterjets are used to cut, drill, and clean a
variety of materials. These are used to cut
automobile internal parts, to cut holes, or trim
the edges. Another common application of robot
waterjet cutter is to cut helmet or similar 3D
products. Depending on the size of parts to be
cut, the model of a robot (i.e., the radius of
the arm and weight carried by the arm) is
selected.
4
Glass/metal art to hold the largest share of the
waterjet cutting market by 2023 Glass/metal art
has been the most common application of these
machines all over the world. The growing demand
for hurricane glass for car doors and windows in
the automotive industry is driving the growth of
the waterjet cutting machine market. The market
for foam product cutting is projected to grow at
the highest CAGR from 2018 to 2023. The rising
demand for foam equipment and machine part
packaging in the aerospace and automotive
industries fuels the growth of the waterjet
cutting machine market. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id183785572 Waterjet Cutting Market
in APAC to register 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 sector 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.
5
  • Recent Developments
  • In May 2018, Hornet Cutting Systems announced a
    distribution partnership with Minneapolis Oxygen
    Company. According to this partnership,
    Minneapolis Oxygen Company would be benefited
    from an industry-leading CNC cutting machine line
    of Hornet, and this would enable Hornet Cutting
    Systems to improve its presence in the Twin
    Cities, Northern Minnesota, and Northwest.
  • In November 2017, Flow International launched
    Mach 200, an entirely new system designed as a
    practical and flexible waterjet solution.
  • In September 2017, OMAX Corporation launched
    ProtoMAX abrasive waterjet, a compact,
    self-installed cutting system ideal for
    prototyping and relatively low volume cutting of
    almost any material with less than 2 thickness.
  • In September 2016, KMT Waterjet Systems Inc.
    introduced KMT Streamline PRO-III 90,000 psi
    series pumps for cutting metals (including
    aluminum and titanium), steel, stainless steel,
    rubber, plastic, and glass.
  • In January 2016, ESAB announced Columbus CAD/CAM
    Nesting Software version 1.3, a powerful CAD/CAM
    programming and nesting software optimized for
    plasma, oxy-fuel, laser, and waterjet cutting.

6
About MarketsandMarkets MarketsandMarkets
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7
Contact Us
Contact Mr. Aashish Mehra MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 For More
Info https//www.marketsandmarkets.com/PressRelea
ses/waterjet-cutting-machine.asp
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