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 increasing production volumes and growing energy demand from end-user industries, there is a heightened emphasis on energy efficiency. Regulatory authorities worldwide have implemented stringent guidelines, such as those set by the International Electrotechnical Commission for energy-efficient motor usage in industrial settings. To meet these energy efficiency requirements, companies are investing in the development of energy-efficient high-pressure pumps for waterjet cutting machines. Traditionally, hydraulic intensifier pumps comprised a hydraulic pump, oil reservoir, and piston plunger. However, to reduce energy consumption, advancements include the integration of variable frequency drives and the adoption of energy-efficient motor technologies. 

Get more information on Waterjet Cutting Machines Market by requesting a sample report

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 America
    • Brazil
    • Argentina
  • Middle East and Africa
    • Egypt

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

Benefits of Buying Global Waterjet Cutting Machines Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Waterjet Cutting Machines Market Research Report

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The Waterjet Cutting Machines Market is experiencing significant growth due to the increasing demand for ultra-high pressure waterjet technology. This advanced technology uses a focused stream of water, under immense pressure, to precisely cut various materials, including metals and composites. Its versatility, efficiency, and ability to produce complex shapes make it a preferred choice for numerous industries.

Market Research Overview

In the expansive industrial machinery and supplies and components market, waterjet cutting technology holds a significant position, encompassing applications such as waterjet cutting, abrasive waterjet cutting, high-pressure waterjet, and CNC waterjet cutting. Manufacturers of waterjet cutting systems and machines fall under this market segment. According to Technavio's market research, the global industrial machinery and supplies and components market is projected to grow due to the increasing industrial output in process and discrete industries, particularly in developing countries. This growth is attributed to the rising demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages. Consequently, the market size is determined by the combined revenue generated by manufacturers of machinery and components used in industrial settings.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/