Global Waterjet Cutting Machines Market Size and Share - Outlook Report, Forecast Trends and Growth Analysis (2024-2032)

Global Waterjet Cutting Machines Market Growth

Waterjet cutting machines are industrial tools that are utilised to cut a wide variety of materials by releasing a high-pressure stream of water through a pump. Waterjet cutting technology can be used to cut for almost any material, hard materials can be cut by adding a granular abrasive to increase the cutting force of the jet.

The waterjet cutting market machines market dynamics and trends are driven by its growing adoption across industries, thanks to its ability to cut a variety of materials such as metals, glass, and composites. Many sectors are now using abrasive waterjet machines to achieve precise cuts in thicker materials.

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Global Waterjet Cutting Machines Market Analysis

Waterjet cutting machines (WCMs) have evolved with technological advancements that incorporate automation, leading to faster and more efficient cutting processes. Enhanced precision and robotic integration in WCMs boost operational speed in various industries, driving increased demand for the waterjet cutting machines market. 

The automobile sector is increasingly adopting advanced WCMs due to the advantages it provides to its production processes. WMC automation can allow automobile companies to manufacture their products at a faster rate and precise manner. 3D cutting can even enable companies to finish the cutting process for new and concept designs with precision. This proves to be extremely beneficial to the automobile industry and the increasing demand can further propel the market growth for the waterjet cutting machine industry. 

Waterjet Cutting Machines Industry Outlook

According to the U.S. Census Bureau, starting in August 2021, the total construction value was USD 1,596.8 billion, which increased to USD 1,612.2 billion in September, USD 1,626.4 billion in October, and USD 1,636.5 billion in November, before reaching USD 1,639.8 billion in December in 2021. The residential construction sector was particularly strong, with its value increasing from USD 789.6 billion in August 2021 to USD 819.1 billion in December 2021. This sector consistently drove overall growth, highlighted by a 1.1% increase between November and December 2021 and an impressive 14.7% rise compared to December 2020. Non-residential construction maintained a strong performance, with values ranging from USD 807.1 billion in August 2021 to USD 820.7 billion in December 2021. The increase in the construction industry is driving the waterjet cutting machines market revenue. These machines are essential for cutting materials like stone, glass, and metals used in modern architecture, contributing to the overall market growth.

As per the India Cellular & Electronics Association, in 2015-16, India's electronics domestic manufacturing was valued at USD 37.1 billion, with exports contributing USD 5.7 billion. By 2016-17, domestic manufacturing had expanded to USD 47.4 billion, maintaining export levels at USD 5.7 billion. The momentum continued in 2017-18, with domestic manufacturing reaching USD 60.2 billion and exports increasing to USD 6.1 billion. In 2018-19, domestic manufacturing rose to USD 65.2 billion, with exports growing to USD 8.4 billion. The peak year in this period was 2019-20 when domestic manufacturing hit USD 75.0 billion and exports reached USD 11.2 billion, boosting the waterjet cutting machine industry revenue. Technological advancements, such as automation and robotic integration, are improving machine efficiency and versatility.

The waterjet cutting machines market demand is increasing due to their high precision and versatility, enabling them to cut a diverse range of materials such as metals, glass, and ceramics.

• The technology generates minimal heat, reducing thermal distortion and material waste, which enhances overall efficiency.
• Waterjet cutting is a clean process with no hazardous fumes or gases, contributing to a safer working environment.

The high upfront cost of purchasing and maintaining waterjet cutting machines can be a barrier for some businesses.

• Regular maintenance is required to keep the equipment in optimal condition, which can lead to additional operational costs.
• Waterjet machines may struggle with very thick materials, limiting their application in some industries.

Innovations in nozzle technology and automation can enhance cutting capabilities and efficiency.

• Increasing demand from industries like aerospace, automotive, and construction can drive waterjet cutting machines industry growth.
• The push for eco-friendly manufacturing processes aligns with the waterjet cutting technology’s clean and precise cutting benefits.

Intense competition from alternative cutting technologies, such as laser and plasma cutting, may impact waterjet cutting machines market.

• Economic downturns can reduce manufacturing budgets and investments in new equipment.
• Rapid technological advancements might render existing machines obsolete, requiring frequent upgrades.

Key Players in the Global Waterjet Cutting Machines Market and Their Key Initiatives

OMAX Corporation

• Introduced Intelli-MAX software update. 
• Unveiled the MicroMAX JetMachining Center in May 2024.

Flow International Corporation

• Launched MotoJet X intensifier pump. 
• Released Mach 500 series to meet the growing demand of the waterjet cutting machines market. 

Hypertherm, Inc.

• Introduced the EDGE® Connect CNC system. 
• Launched a waterjet cutting machine with an advanced acoustic noise control system.

Koike Aronson, Inc.

• Introduced the ShopJet waterjet cutting machine to capture the waterjet cutting machines market opportunities.  
• Launched enhanced service and support network for waterjet machines.

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Global Waterjet Cutting Machines Industry Segmentation

“Global Waterjet Cutting Machines Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Waterjet Type

• Abrasive
• Non- Abrasive

Market Breakup by Product Type 

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

Market Breakup by End Use 

• Electronics
• Aerospace
• Automotive
• Construction
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Waterjet Cutting Machines Market Share

Waterjet types in the market can include abrasive and non-abrasive. Abrasive waterjets utilise a combination of water and abrasive material during the cutting process. The abrasive segment will grow significantly during the forecast period. This growth is due to the extensive use of abrasive waterjets across various industries, including automotive and others. They are widely employed to cut materials like glass, tiles, stones, composites, and exotic metals such as titanium and Inconel, fuelling the growth of the waterjet cutting machines industry.

The non-abrasive waterjets, which are also known as pure waterjets, solely utilise water for the cutting process. The cutting process is done through a fine and high-speed stream of water. It is mostly used for the cutting of softer materials such as wood, rubber, and metal sheets. It can also be used for some food processing operations where strict regulations are needed to be followed which further drives the waterjet cutting machines demand growth.

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Leading Companies in the Waterjet Cutting Machines Market

The companies specialise in advanced waterjet cutting technology, providing high-performance solutions for precision cutting across various industries.

• OMAX Corporation 
• Flow International Corporation 
• Hypertherm, Inc. 
• Koike Aronson, Inc. 
• Jekran Ltd. 
• Jet Edge Inc.

Waterjet Cutting Machines Market Report Snapshots

Waterjet Cutting Machines Market Size

Waterjet Cutting Machines Market Trends

Waterjet Cutting Machines Market Analysis

Waterjet Cutting Machines Companies