Higher demand for process automation across various industry verticals are the key factors driving the growth of the waterjet cutting machinery market. Additionally, technological advancement and increasing end use applications of water jet cutting machines are likely to boost the demand for water jet cutting machinery market over the forecast period. However, high cost involved in maintenance of water jet may act as the restraining factor for the growth of the water jet cutting machinery market.
Furthermore, the advancement of newer technologies such as multi axis water jet cutting as well as 3D cutting would comfort the water jet cutting process to increase its capacity worldwide. This in turn is providing several growth opportunities for the water jet cutting machinery market over the upcoming years. On the other hand, multi axis water jet cutting as well as 3D cutting would supplement the growth of the global water jet cutting machine market.
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Asia Pacific to dominate the Water jet Cutting Machinery Market worldwide through 2018-2024
Asia pacific region is anticipated to be the dominating region for the water jet cutting machinery market owing to its rapidly increasing automobile industry. Pooja Baragale a research analyst at Infinium Global Research quoted that, increasing industrialization because of economic growth in the emerging markets such as India and china are expected to drive the market in the Asia Pacific regions. On the other hand, there is an increase in foreign investments in the countries such as India, Brazil to develop the automobile manufacturing plants that in turn is enhancing water jet cutting machinery market. Pooja Baragale further stated that, North America leads the global water jet cutting machine market owing to heavy demand from several core end users.
Infinium Global Research has produced a new premium report Waterjet Cutting Machinery Market. The report covers the analysis of global as well as regional markets of Waterjet Cutting Machinery. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Waterjet Cutting Machinery Market by technology (pure waterjet cutting and abrasive waterjet cutting), application (automotive, defence and aerospace, metal fabrication, textile, ceramics and paper), product type (3d waterjet cutting, micro waterjet cutting and robotic waterjet) and horsepower (between 0 to 50 horsepower and between 51 to 100 horsepower) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.
The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Waterjet Cutting Machinery Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Waterjet Cutting Machinery Market are Shape Technologies Group, Koike Aronson, Inc., Resato International BV, Jet Edge, Inc., OMAX Corporation, Colfax Corporation, Bystronic Laser AG, WARDJet, Inc. and Dardi International Corporation.
Mergers and Acquisitions to remain key expansion strategies of the leading players in the Water jet Cutting Machinery Market “between” 2018-2024
The prominent players profiled in the water jet cutting machinery market are DARDI International Corporation, WARDjet Inc., Water Jet Sweden, ESAB Group, Manufacturers Supplies Company, Waterjet Corporation s.r.l BFT GmbH, Uhde High PRESSURE Technologies GmbH, OMAX Corporation, NLB Corp., An Innovative International Ltd., TECHNI Waterjet, OH Precision Corporation, Hughes Pumps Ltd, Bystronic L India (Pvt) Ltd., and Jet Edge Inc.
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Hornet Cutting Systems announces partnership with North South Machinery
In Jun 2018, Hornet Cutting Systems has announced a new partnership with distributor North South Machinery that serves manufacturers in such industries as aerospace, defense, electrical, medical and fabrication.
AXYZ Intl. acquires WARDJet
In April 2018, AXYZ Intl., a manufacturer of CNC router knife systems based in Burlington, Ont., has acquired WARDJet, a Tallmadge, Ohio, water jet cutting machine manufacturer. WARDJet products will continue to be made at the Ohio facility and now are supported by AXYZ’s global network of sales, and support offices.