Waterjet Cutting Machine Market Report by Type (Pure, Abrasive), Product Type (3D Waterjet Cutting, Micro Waterjet Cutting, Robotic Waterjet Cutting), Horsepower (0 to 50 HP, 51 to 100 HP, and Others), Machine Size (Small, Medium, Large), Application (Automotive, Electronics, Aerospace and Defense, Mining, Metal Fabrication, and Others), and Region 2024-2032

Waterjet Cutting Machine Market Report by Type (Pure, Abrasive), Product Type (3D Waterjet Cutting, Micro Waterjet Cutting, Robotic Waterjet Cutting), Horsepower (0 to 50 HP, 51 to 100 HP, and Others), Machine Size (Small, Medium, Large), Application (Automotive, Electronics, Aerospace and Defense, Mining, Metal Fabrication, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A2286
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Market Overview:

The global waterjet cutting machine market size reached US$ 1.15 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1.81 Billion by 2032, exhibiting a growth rate (CAGR) of 5.1% during 2024-2032.

Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023 US$ 1.15 Billion
Market Forecast in 2032 US$ 1.81 Billion
Market Growth Rate (2024-2032) 5.1%


A waterjet cutting machine (WCM) refers to an industrial tool that uses high-pressure water jet streams to cut and shape different materials. The stream consists of water or abrasive liquids that can cut through metals, glasses, foams and reflective materials without melting, warping or distorting their original structure. The machines do not require heat for cutting and can maintain the quality of the materials that are sensitive to high temperatures. They also offer various other benefits, such as high precision cutting, ability to cut heterogeneous materials and minimal water consumption. Owing to this, they find extensive applications across multiple industries, including automotive, electronics, aerospace & defense, food and beverage, mining, metal fabrication, paper processing, textile, etc.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Rapid industrialization across the globe is one of the key factors driving the growth of the market. Furthermore, widespread product adoption by the automobile industry is also providing a boost to the market growth. WCMs are used for manufacturing metal gaskets, automotive brake disks, clutches and intricate decorative fittings and brackets. Apart from this, they are also extensively used for manufacturing components made by using composite materials for aircraft turbines and jet engines. Additionally, various technological advancements, such as the development of micro, 3D and robotic WCMs, which offer cutting outputs with enhanced precision, are acting as another major growth-inducing factor. Moreover, WCMs find applications in the military and defense sector as they are used to develop guided missiles, fuselages, and space vehicles. Other factors, including rapid urbanization and significant growth in the industrial manufacturing and metal fabrication industries, are also expected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global waterjet cutting machine market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, product type, horsepower, machine size and application.

Breakup by Type:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Pure
  • Abrasive
     

Breakup by Product Type:

  • 3D Waterjet Cutting
  • Micro Waterjet Cutting
  • Robotic Waterjet Cutting
     

Breakup by Horsepower:

  • 0 to 50 HP
  • 51 to 100 HP
  • Others
     

Breakup by Machine Size:

  • Small
  • Medium
  • Large
     

Breakup by Application:

  • Automotive
  • Electronics
  • Aerospace and Defense
  • Mining
  • Metal Fabrication
  • Others
     

Breakup by Region:

 

 
 

 

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  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being A. Innovative International Limited, Colfax Corporation, Dardi International Corporation, Flow International Corporation (Shape Technologies Group), Hornet Cutting Systems, Hypertherm Inc., Jekran Ltd., Jet Edge Inc., KMT GmbH, Koike Aronson Inc., Lincoln Electric Holdings Inc., Semyx LLC, Wardjet LLC (AXYZ International Inc.), etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Type, Product Type, Horsepower, Machine Size, Application, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered A. Innovative International Limited, Colfax Corporation, Dardi International Corporation, Flow International Corporation (Shape Technologies Group), Hornet Cutting Systems, Hypertherm Inc., Jekran Ltd., Jet Edge Inc., KMT GmbH, Koike Aronson Inc., Lincoln Electric Holdings Inc., Semyx LLC and Wardjet LLC (AXYZ International Inc.)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global waterjet cutting machine market was valued at US$ 1.15 Billion in 2023.

We expect the global waterjet cutting machine market to exhibit a CAGR of 5.1% during 2024-2032.

Various technological advancements, including the development of micro, 3D and robotic waterjet cutting machines to provide enhanced precision in outputs, are primarily driving the global waterje cutting machine market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for waterjet cutting machine.

Based on the type, the global waterjet cutting machine market has been segmented into pure and abrasive. Currently, abrasive waterjet cutting machine exhibits clear dominance in the market.

Based on the application, the global waterjet cutting machine market can be categorized into automotive, electronics, aerospace and defense, mining, metal fabrication, and others. Among these, the automotive industry accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global waterjet cutting machine market include A. Innovative International Limited, Colfax Corporation, Dardi International Corporation, Flow International Corporation (Shape Technologies Group), Hornet Cutting Systems, Hypertherm Inc., Jekran Ltd., Jet Edge Inc., KMT GmbH, Koike Aronson Inc., Lincoln Electric Holdings Inc., Semyx LLC, Wardjet LLC (AXYZ International Inc.), etc.

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Waterjet Cutting Machine Market Report by Type (Pure, Abrasive), Product Type (3D Waterjet Cutting, Micro Waterjet Cutting, Robotic Waterjet Cutting), Horsepower (0 to 50 HP, 51 to 100 HP, and Others), Machine Size (Small, Medium, Large), Application (Automotive, Electronics, Aerospace and Defense, Mining, Metal Fabrication, and Others), and Region 2024-2032
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