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DUBLIN, 21 July 2020 / PRNewswire / – The report “Waterjet Cutting Machines – Global Market Path – Analysis” has been added to the ResearchAndMarkets.com offering.
Amid the COVID-19 crisis, the global market for Waterjet Cutting Machines estimated at US$945.6 Million in the year 2020, is projected to reach a revised size of US$1.3 Billion by 2027, growing at a CAGR of 5.1% over the analysis period 2020-2027. 3D Waterjet Cutting Machines, one of the segments analyzed in the report, is projected to grow at a 5.1% CAGR to reach US$741.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Robotics Waterjet Cutting Machines segment is readjusted to a revised 5.6% CAGR for the next 7-year period. This segment currently accounts for a 26.9% share of the global Waterjet Cutting Machines market.The U.S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 7.9% CAGR for the Period of 2020-2027The Waterjet Cutting Machines market in the U.S. is estimated at US$256.3 Million in the year 2020. The country currently accounts for a 27.1% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$277 Million in the year 2027 trailing a CAGR of 7.9% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR while Rest of European market (as defined in the study) will reach US$277 Million by the year 2027.Micro Waterjet Cutting Machines Segment Corners a 17.8% Share in 2020In the global Micro Waterjet Cutting Machines segment, USA, Canada, Japan, China and Europe will drive the 4.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$127 Million in the year 2020 will reach a projected size of US$168 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$179.4 Million by the year 2027, while Latin America will expand at a 5.5% CAGR through the analysis period. The publisher brings years of research experience to this 16th edition of our report. The 423-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others
Bystronic Laser AG
Dardi Inter Corp.
Flow Inter Corp.
Jet Edge, Inc.
Omax Corp.
Resato Inter BV
Shape Technologies Group, Inc.
WARDJet Inc.
Water jet Sweden AB
Waterjet Corporation LLP
Key topics covered:
I. INTRODUCTION, METHODOLOGY AND SCOPE OF THE REPORT
II SUMMARY
1. OVERALL MARKET OVERVIEW
A prelude
Recent market positioning activity
Superiority of waterjet cutting machines over cutting technologies.
A comparative study of cutting technologies.
Water jet: a competitive or complementary technology?
Reduced intake of abrasives makes the water jet more cost-effective
Waterjets is the greenest option
Waterjet pumps: a subsystem
Competitive panorama
Distribution structure
Internet: sales channel
Accessory market: safe opposed to difficult times
State of manufacture: for the growth of the market position
Assess the influence of new economic disorders on waterjet cutting machines.
St GLOBAL GDP promises to generate growth
Global market outlook
High Asia-Pacific market
Percentage of market competitors
Market percentage scenario for competition from foreign waterjet cutting machines (in%): 2018 and 2029
Covid-1nine impact and a drawing near the global recession
2. FOCUS ON CERTAIN PLAYERS
3. MARKET TRENDS AND DRIVERS
Waterjet technology: an expansion trajectory marked through advertisements and evolution
Waterjet cutting machines: an innovative innovation mixing machine
Micro machining and precision cutting
Video precision system
Advances in waterjet generation: the spearhead of growth
Advances in abrasive waterjet technology
Aerodoleading and defense applications: expansion engine for high-end waterjet cutting machines.
Urgent preference for precision engineering sheds light on customers of waterjet cutting machines
Production growth increases demand for market position
Resumption of design activity provides opportunities for expansion
New fitness sector programs pave the way for long-term growth
Jstomer semiconductor and electronics manufacturing: application box
Non-metallic waterjet cutting provides great untapped potential
Other constantly expanding application spaces for waterjet cutting machines
Developing countries continue to provide opportunities for expansion
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
COMPETITION IV.
Total profiles: 72
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