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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

  • ID: 4607891
  • Report
  • Region: Global
  • 113 Pages
  • Markets and Markets
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The Waterjet Cutting Machine Market is Expected to Grow From USD 921.7 Million by 2018 to USD 1,248.0 Million by 2023, at a CAGR of 6.25% During the Forecast Period.

FEATURED COMPANIES

  • Colfax Corporation
  • Flow International
  • Hornet Cutting Systems
  • Introduction
  • KMT Waterjet
  • Koike Aronson
  • MORE

Waterjet cutting machine market to grow at CAGR 6.25% during forecast period

The waterjet cutting machine market is expected to grow from USD 921.7 million by 2018 to USD 1,248.0 million by 2023, at a CAGR of 6.25% during the forecast period. The market is expected to witness significant growth in the future due to its multiple application areas for these machines in the end-user industries such as steel, automobile, construction, manufacturing, and metal. The global waterjet cutting machine market is driven by the growth in demand for steel in various industries, especially in automobile, oil & gas, and energy industries. The market growth is also supported by the high demand from the Asian metal and metal-manufacturing industries. High total cost of ownership and requirement of technical know-how are the factors restraining the growth of this market.

Waterjet cutting machine market for automotive to grow at high CAGR during forecast period

In automotive industry, waterjet cutting machines are used for the interior and exterior cutting tasks of headliners, carpets, liners, dumpers, door and instrument panels, seats, composite parts, and castings in the automotive industry, which also contributes to the growth of the waterjet cutting machine market for this industry.

Foam product cutting to be fastest-growing application in market during forecast period

The waterjet cutting machine market for foam product cutting is expected to grow at a high rate between 2018 and 2023. Waterjet is used for cutting foams which are used in various applications including aircraft part packaging, military packaging, foam dock protectors, foam protective barriers, foam mattresses, and cushioning foam, which is expected to drive the waterjet cutting machine market.

Waterjet cutting machine market in APAC to grow at highest CAGR during forecast period

The market in APAC is expected to grow at the highest CAGR from 2018 to 2023. 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. In addition to this, the growing population in these countries presents enormous growth opportunities for the construction industry, which is a prominent end user of waterjet cutting machines.

Break-up of the profiles of primary participants for the report is given below.

  • By Company Type: Tier 1 – 26%, Tier 2 – 32%, and Tier 3 – 42%
  • By Designation: C-Level Executives – 52%, Directors – 23%, and Managers – 25%
  • By Region: North America – 44%, Europe – 29%, APAC – 23%, and RoW – 4%

Research Coverage:

This research report segments the global waterjet cutting machine market on the basis of product type, application, industry, and geography. It also describes major drivers, restraints, challenges, and opportunities pertaining to the market, and includes the value chain analysis and market ranking analysis.

Reasons to Buy the Report:

  • The report would help stakeholders understand the pulse of the market and provide them with the information on key drivers, restraints, challenges, and opportunities pertaining to the market.
  • Illustrative segmentation, analyses, and forecast have been conducted based on the product type, application, industry, and geography to give an overall analysis of the waterjet cutting machine market.
  • The detailed competitive landscape includes key players, in-depth analysis, and organic and inorganic strategies adopted by key players.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Colfax Corporation
  • Flow International
  • Hornet Cutting Systems
  • Introduction
  • KMT Waterjet
  • Koike Aronson
  • MORE

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Lucrative Opportunities in Waterjet Cutting Machine Market
4.2 Waterjet Cutting Machine Market, By Application
4.3 Waterjet Cutting Machine Market in APAC, By Industry, 2017
4.4 Waterjet Cutting Machine Market, By Industry
4.5 Market Share of Major Countries and Regions, 2017

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
       5.2.1 Drivers
                5.2.1.1 Promising Growth in Global Steel Industry
                5.2.1.2 Growing Automobile Industry
                5.2.1.3 Development of Industrial Sector in the Middle East and Africa
                5.2.1.4 Comprehensive Increase in Construction Activities
       5.2.2 Restraints
                5.2.2.1 High Total Cost of Ownership and Requirement of Technical Know-How
       5.2.3 Opportunities
                5.2.3.1 Increasing Demand for Mechanized Cutting in Industrial Sector of Developing Economies
                5.2.3.2 Growing Demand for Waterjet Cutting Machines in Wind Energy Industry
       5.2.4 Challenges
                5.2.4.1 Development of Cost-Effective Technologies

6 Waterjet Cutting Machine Market, By Product Type

6.1 Introduction
6.2 3D Waterjet Cutting Machines
6.3 Micro Waterjet Cutting Machines
6.4 Robotic Waterjet Cutting Machines

7 Waterjet Cutting Machine Market, By Application

7.1 Introduction
7.2 Exotic Metal & Non-Traditional Material Cutting
7.3 Ceramic/Stone Cutting
7.4 Glass/Metal Art
7.5 Gasket Cutting
7.6 Fiberglass Cutting
7.7 Foam Product Cutting

8 Waterjet Cutting Machine Market, By Industry

8.1 Introduction
8.2 Electronics
8.3 Metal Fabrication
8.4 Automotive
8.5 Aerospace
8.6 Food Processing
8.7 Textile
8.8 Machine Manufacturing
8.9 Medical Device

9 Geographic Analysis

9.1 Introduction
9.2 North America
       9.2.1 US
       9.2.2 Canada
       9.2.3 Mexico
9.3 Europe
       9.3.1 Germany
       9.3.2 UK
       9.3.3 France
       9.3.4 Italy
       9.3.5 Rest of Europe
9.4 Asia Pacific
       9.4.1 China
       9.4.2 Japan
       9.4.3 India
       9.4.4 South Korea
       9.4.5 Rest of APAC
9.5 Rest of the World
       9.5.1 Middle East
       9.5.2 South America
       9.5.3 Africa

10 Competitive Landscape

10.1 Overview
10.2 Ranking Analysis
10.3 Competitive Situations & Trends
        10.3.1 Product Developments & Launches
        10.3.2 Partnerships/Agreements/Collaborations
        10.3.3 Acquisitions

11 Company Profiles

11.1 Introduction
11.2 Colfax Corporation
11.3 Lincoln Electric Company
11.4 Flow International
11.5 Omax Corporation
11.6 KMT Waterjet
11.7 Hornet Cutting Systems
11.8 A Innovative International Ltd.
11.9 Koike Aronson
11.10 Semyx

12 Appendix

List of Tables

Table 1 Waterjet Cutting Machine Market, By Product Type, 2015–2023 (USD Million)
Table 2 3D Waterjet Cutting Machine Market, By Application, 2015–2023 (USD Million)
Table 3 3D Waterjet Cutting Machine Market, By Industry, 2015–2023 (USD Million)
Table 4 3D Waterjet Cutting Machine Market for Electronics, By Region, 2015–2023 (USD Million)
Table 5 3D Waterjet Cutting Machine Market for Metal Fabrication, By Region, 2015–2023 (USD Million)
Table 6 3D Waterjet Cutting Machine Market for Automotive, By Region, 2015–2023 (USD Million)
Table 7 3D Waterjet Cutting Machine Market for Aerospace, By Region, 2015–2023 (USD Million)
Table 8 3D Waterjet Cutting Machine Market for Food Processing, By Region, 2015–2023 (USD Million)
Table 9 3D Waterjet Cutting Machine Market for Textile, By Region, 2015–2023 (USD Million)
Table 10 3D Waterjet Cutting Machine Market for Machine Manufacturing, By Region, 2015–2023 (USD Million)
Table 11 3D Waterjet Cutting Machine Market for Medical Device, By Region, 2015–2023 (USD Million)
Table 12 3D Waterjet Cutting Machine Market, By Region, 2015–2023 (USD Million)
Table 13 Micro Waterjet Cutting Machine Market, By Application, 2015–2023 (USD Million)
Table 14 Micro Waterjet Cutting Machine Market, By Industry, 2015–2023 (USD Million)
Table 15 Micro Waterjet Cutting Machine Market for Electronics, By Region, 2015–2023 (USD Million)
Table 16 Micro Waterjet Cutting Machine Market for Metal Fabrication, By Region, 2015–2023 (USD Million)
Table 17 Micro Waterjet Cutting Machine Market for Automotive, By Region, 2015–2023 (USD Million)
Table 18 Micro Waterjet Cutting Machine Market for Aerospace, By Region, 2015–2023 (USD Million)
Table 19 Micro Waterjet Cutting Machine Market for Food Processing, By Region, 2015–2023 (USD Million)
Table 20 Micro Waterjet Cutting Machine Market for Textile, By Region, 2015–2023 (USD Million)
Table 21 Micro Waterjet Cutting Machine Market for Machine Manufacturing, By Region, 2015–2023 (USD Million)
Table 22 Micro Waterjet Cutting Machine Market for Medical Device, By Region, 2015–2023 (USD Million)
Table 23 Micro Waterjet Cutting Machine Market, By Region, 2015–2023 (USD Million)
Table 24 Robotic Waterjet Cutting Machine Market, By Application, 2015–2023 (USD Million)
Table 25 Robotic Waterjet Cutting Machine Market, By Industry 2015–2023 (USD Million)
Table 26 Robotic Waterjet Cutting Machine Market for Electronics, By Region, 2015–2023 (USD Million)
Table 27 Robotic Waterjet Cutting Machine Market for Metal Fabrication, By Region, 2015–2023 (USD Million)
Table 28 Robotic Waterjet Cutting Machine Market for Automotive, By Region, 2015–2023 (USD Million)
Table 29 Robotic Waterjet Cutting Machine Market for Aerospace, By Region, 2015–2023 (USD Million)
Table 30 Robotic Waterjet Cutting Machine Market for Food Processing, By Region, 2015–2023 (USD Million)
Table 31 Robotic Waterjet Cutting Machine Market for Textile, By Region, 2015–2023 (USD Million)
Table 32 Robotic Waterjet Cutting Machine Market for Machine Manufacturing, By Region, 2015–2023 (USD Million)
Table 33 Robotic Waterjet Cutting Machine Market for Medical Device, By Region, 2015–2023 (USD Million)
Table 34 Robotic Waterjet Cutting Machine Market, By Region, 2015–2023 (USD Million)
Table 35 Waterjet Cutting Machine Market, By Application, 2015–2023 (USD Million)
Table 36 Waterjet Cutting Machine Market, By Industry, 2015–2023 (USD Million)
Table 37 Waterjet Cutting Machine Market for Electronics, By Region, 2015–2023 (USD Million)
Table 38 Waterjet Cutting Machine Market for Metal Fabrication, By Region, 2015–2023 (USD Million)
Table 39 Waterjet Cutting Machine Market for Automotive, By Region, 2015–2023 (USD Million)
Table 40 Waterjet Cutting Machine Market for Aerospace, By Region, 2015–2023 (USD Million)
Table 41 Waterjet Cutting Machine Market for Food Processing, By Region, 2015–2023 (USD Million)
Table 42 Waterjet Cutting Machine Market for Textile, By Region, 2015–2023 (USD Million)
Table 43 Waterjet Cutting Machine Market for Machine Manufacturing, By Region, 2015–2023 (USD Million)
Table 44 Waterjet Cutting Machine Market for Medical Devices, By Region, 2015–2023 (USD Million)
Table 45 Waterjet Cutting Machine Market, By Region, 2015–2023 (USD Million)
Table 46 Waterjet Cutting Machine Market in North America, By Industry 2015–2023 (USD Million)
Table 47 Waterjet Cutting Machine Market in North America, By Product Type, 2015–2023 (USD Million)
Table 48 Waterjet Cutting Machine Market in North America, By Country, 2015–2023 (USD Million)
Table 49 Waterjet Cutting Machine Market in Europe, By Industry, 2015–2023 (USD Million)
Table 50 Waterjet Cutting Machine Market in Europe, By Product Type, 2015–2023 (USD Million)
Table 51 Waterjet Cutting Machine Market in Europe, By Country, 2015–2023 (USD Million)
Table 52 Waterjet Cutting Machine Market in APAC, By Industry, 2015–2023 (USD Million)
Table 53 Waterjet Cutting Machine Market in APAC, By Product Type, 2015–2023 (USD Million)
Table 54 Waterjet Cutting Machine Market in APAC, By Country, 2015–2023 (USD Million)
Table 55 Waterjet Cutting Machine Market in RoW, By Industry, 2015–2023 (USD Million)
Table 56 Waterjet Cutting Machine Market in RoW, By Product Type, 2015–2023 (USD Million)
Table 57 Waterjet Cutting Machine Market in RoW, By Region, 2015–2023 (USD Million)
Table 58 Market Ranking: Waterjet Cutting Machine Market (2017)
Table 59 Product Developments/Launches, 2014–2018
Table 60 Partnership, Agreement, and Collaborations, 2016–2018
Table 61 Acquisitions, 2014

List of Figures

Figure 1 Waterjet Cutting Machine Market
Figure 2 Process Flow of Market Size Estimation for Waterjet Cutting Machine Market
Figure 3 Research Design: Waterjet Cutting Machine Market
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Waterjet Cutting Machine Market, 2018 vs 2023: Glass/Metal Art to Hold Largest Size By 2023
Figure 8 Automotive Accounted for Largest Size of Waterjet Cutting Machine Market in 2017
Figure 9 3D Waterjet Cutting Machines to Hold Largest Size of Waterjet Cutting Machine Market During 2018–2023
Figure 10 APAC Held Largest Share of Waterjet Cutting Machine Market in 2017
Figure 11 Emerging Economies to Offer Attractive Opportunities for Waterjet Cutting Machine Market Growth From 2018 to 2023
Figure 12 Glass/Metal Art to Hold Largest Market Size During Forecast Period
Figure 13 China Held Largest Share of Waterjet Cutting Machine Market in APAC in 2017
Figure 14 Automotive to Hold Largest Size of Waterjet Cutting Machine Market Between 2018 and 2023
Figure 15 APAC Accounted for Largest Share of Waterjet Cutting Machine Market in 2017
Figure 16 Development of Industrial Sector in Middle East and Africa Drives Growth of Waterjet Cutting Machine Market
Figure 17 Market for Robotic Waterjet Cutting Machines to Grow at Highest CAGR From 2018 to 2023
Figure 18 3D Waterjet Cutting Machines Market for Automotive to Grow at Highest CAGR (2018–2023) From 2018 to 2023
Figure 19 3D Waterjet Cutting Machine Market in APAC to Grow at Highest CAGR (2018–2023) From 2018 to 2023
Figure 20 Micro Waterjet Cutting Machine Market for Foam Product Cutting to Grow at Highest CAGR (2018–2023) From 2018 to 2023
Figure 21 Robotic Waterjet Cutting Machine Market in APAC to Grow at Highest CAGR (2018–2023) From 2018 to 2023
Figure 22 Foam Product Cutting Accounted for Highest CAGR of Waterjet Cutting Machine Market in 2017
Figure 23 Waterjet Cutting Machine Market for Automotive to Grow at Highest CAGR During Forecast Period
Figure 24 North America: Waterjet Cutting Machine Market Snapshot
Figure 25 Europe: Waterjet Cutting Machine Market Snapshot
Figure 26 APAC: Waterjet Cutting Machine Market Snapshot
Figure 27 RoW: Waterjet Cutting Machine Market Snapshot
Figure 28 Companies Adopted Partnerships, Agreements, and Collaborations as Key Growth Strategies During 2014–2018
Figure 29 Agreements, Contracts, Collaborations, and Partnerships as Key Strategies Adopted By Companies During 2014–2018
Figure 30 Colfax Corporation: Company Snapshot
Figure 31 Lincoln Electric Company: Company Snapshot

Note: Product cover images may vary from those shown
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  • Introduction
  • Colfax Corporation
  • Lincoln Electric Company
  • Flow International
  • Omax Corporation
  • KMT Waterjet
  • Hornet Cutting Systems
  • A Innovative International Ltd.
  • Koike Aronson
  • Semyx
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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