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The global waterjet cutting machines market value reached USD 1.30 billion in 2023. The market is expected to grow at a CAGR of 6.30% between 2024 and 2032, expected to reach a value of USD 2.25 billion by 2032.
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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 Market Size
Waterjet Cutting Machines Market Trends
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global market for waterjet cutting machines reached a size of USD 1.30 billion.
The market is projected to grow at a CAGR of 6.30% between 2024 and 2032.
The market is expected to reach a value of USD 2.25 billion by 2032.
The market is driven by the growing demand for waterjet cutting machines in the automotive industry due to the increasing adoption of complex parts and the increasing adoption of WCMs in different industries due to the advantages it provides in component manufacturing
The implementation of robotic WCMs to automate manufacturing operations is the current trend followed in the market.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The waterjet types in the market include abrasive and non-abrasive.
The product types available in the waterjet cutting machines market include robotic waterjet cutting, micro waterjet cutting, and 3D waterjet cutting, among others.
The end-uses of waterjet cutting machines include electronics, aerospace, automotive, and construction, among others.
The competitive landscape consists of OMAX Corporation, Flow International Corporation, Hypertherm, Inc., Koike Aronson, Inc., Jekran Ltd., and Jet Edge Inc., among others.
The market is broken down into electronics, aerospace, automotive, construction, and others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124