Latest News- Waterjet Cutting Machines Market: Metal cutting is expected to lead the Application segment during 2025-2029

The Waterjet Cutting Machines Market is being driven by Increasing focus on automating metal cutting process

The Waterjet Cutting Machines Market is expected to grow at a CAGR of 7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 525.7 million. In response to escalating production demands from end-user industries and increasing energy consumption in energy-intensive sectors, regulatory authorities have implemented stringent guidelines promoting the adoption of energy-efficient equipment. The International Electrotechnical Commission, for instance, has established regulations for the use of energy-efficient motors in industrial settings. Consequently, market players are focusing on innovating energy-efficient high-pressure pumps for waterjet cutting machines. Traditionally, hydraulic intensifier pumps comprised a hydraulic pump, oil reservoir, and piston plunger. However, to meet evolving energy efficiency requirements, companies are shifting towards advanced technologies such as electric pumps and hybrid systems, ensuring sustainable and cost-effective waterjet cutting solutions. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Metal cutting
  • Glass cutting
  • Stone cutting
  • Others
• End-user
  • Metal fabrication
  • Automotive
  • Electrical and electronics
  • Aerospace and defense
  • Others
• Type
  • Abrasive
  • Non-abrasive
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing focus on automating metal cutting process
• High accuracy and efficiency required for cutting exotic materials
• Increasing demand from automotive industry

However, the market also witnesses some limitations, which are as follows:

• High initial cost of implementation
• Availability of alternate cutting machine technologies
• Technical restrictions for use of waterjet cutting machines in high thickness materials

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Market Scope in Waterjet Cutting Machines Market Research Report

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Research Analysis Overview

The Waterjet Cutting Machines Market is driven by the adoption of advanced machinery for process and industrial automation, enabling customized product manufacturing. The defense industry and robotic technologies are significant end-users. However, high ownership costs, incorrect selection, and difficulties during fabrication pose challenges. Hourly operating costs also impact market growth.

Market Research Overview

The waterjet cutting machines market is a segment of the larger industrial machinery and supplies and components market, which encompasses companies manufacturing machinery and components for various industries, including presses, machine tools, compressors, and waterjet cutting machines. Robotic Waterjet, an Ohio-based manufacturer, serves the defense industry with waterjet cutting solutions for composite materials. However, high energy consumption and ownership costs, as well as incorrect selection, may hinder market growth. According to Technavio, the global industrial machinery and supplies and components market will experience growth due to increasing industrial output in process and discrete industries, driving demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages in developing countries.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/