MRRSE has added a new research report on the "Waterjet Cutting Machinery Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024" to its collection.

1. Waterjet Cutting Machinery Market to 2024: Trends, Business
Strategies and Opportunities with Key Players Analysis
Report Description
The global waterjet cutting machinery market is primarily
driven by the overall increase in activities in the
manufacturing sector of several key regions. The market also

2. benefits from the growing need for manufacturing process
automation and waterjet cutting requires a lesser need for
manual intervention and human guidance, even in terms of
secondary finishing. Global waterjet cutting machinery is also
found to be in high preference due to their ability to carry
out processes while eliminating the formation of heat, smoke,
and dust. However, high maintenance costs and the overall
problems regarding worker safety are currently restricting the
global waterjet cutting machinery market.
The global waterjet cutting machinery market is expected to
reach US$1.66 bn by the end of 2016. The market’s revenue
is estimated to expand at a CAGR of 8.1% during the forecast

3. period from 2016 to 2024, and is likely to reach US$3.11 bn
by the end of 2024.
Demand for Waterjet Cutting Machinery Lies in Job and
Machine Shops
In terms of applications, the global waterjet cutting
machinery market is segmented into job & machine shop,
machine manufacturing, exotic metal and non-traditional
material cutting, glass/metal artwork, ceramic/stone cutting,
fiberglass cutting, gasket cutting, foam product cutting,
surgical instrument manufacturing, electronics, slitting
operations, and a small percentage of minor applications.
Amid this large scope of applications for waterjet cutting, the

4. market finds its leading percentage of demand to come from
the segment of jobs and machine shops. This segment has
always held a conventionally high demand for cutting tools
and machinery and waterjet cutting is no exception,
especially due to the several advantages that this method
provides over other methods.
Currently, the global waterjet cutting machinery market is
being propelled by the growing demand for these tools from
the automotive and fabrication industries. There is a very
high demand for process automation in several industry
verticals and especially in the automotive industry. This
provides a great niche for the global waterjet cutting

5. machinery market to fit into owing to the high rate of
customization that its products can offer.
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North America Expected to Lead Demand for Waterjet Cutting
Machinery
From a geographical perspective, the global waterjet cutting
machinery market has been segmented into the key regions of
North America, Asia Pacific, Europe, Latin America, and the
Middle East and Africa. Among these, the global waterjet
cutting machinery market was led by North America in 2015,

6. owing to a high demand from several core end users. It is
also highly likely that North America will remain the leading
region in terms of demand as well as revenue generation in
the global waterjet cutting machinery market for the
foreseeable future. The manufacturing industry within North
America – especially in the U.S. – is providing the global
waterjet cutting machinery market with ample growth
opportunities and it is possible for this demand to increase
even further as the manufacturing industry expands. Players
based in North America are also known to provide a high
level of customer support and customer satisfaction, thereby
gaining a greater line of clientele. At the same time, Asia
Pacific is expected to rush forward with a phenomenal rate
of demand growth over the coming years, owing to a speedy

7. rate of evolution of its industrial sector and ramped up
manufacturing processes.
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To date, the global waterjet cutting machinery market has
been dominated in several aspects and periods by names such
as DARDI International Corporation, ESAB Group, MD
Corporation, KMT Waterjet Systems, Inc., A Innovative
International Ltd, Manufacturers Supplies Company, Flow
International Corporation, Water Jet Sweden AB, Bystronic
Laser India (Pvt.) Ltd., WARDjet, Inc., Waterjet Corporation
s.r.l., BFT GmbH, TECHNI Waterjet, Jet Edge, Inc.,

8. Hypertherm, Inc., Uhde High Pressure Technologies GmbH,
OH Precision Corporation, PressureJet Systems Pvt. Ltd.,
Water Jet Germany s.r.o., OMAX Corporation, WSI Waterjet
Systems International, Resato International BV, Hughes Pumps
Ltd, and NLB Corp.
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