Global Waterjet Cutting Machines Industry

Global Waterjet Cutting Machines Industry

  • April 2021 •
  • 423 pages •
  • Report ID: 5069926 •
  • Format: PDF
Abstract:
- Global Waterjet Cutting Machines Market to Reach $1.3 Billion by 2027
- 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 record a 5.1% CAGR and 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.
- The U.S. Market is Estimated at $256.3 Million, While China is Forecast to Grow at 7.9% CAGR
- The Waterjet Cutting Machines market in the U.S. is estimated at US$256.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$277 Million by the year 2027 trailing a CAGR of 7.9% over the analysis period 2020 to 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.
- Micro Waterjet Cutting Machines Segment to Record 4.5% CAGR
- In 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.

- Select Competitors (Total 72 Featured) -
  • Bystronic Laser AG
  • Dardi International Corp.
  • Flow International Corp.
  • Jet Edge, Inc.
  • Omax Corp.
  • Resato International BV
  • Shape Technologies Group, Inc.
  • WARDJet Inc.
  • Water Jet Sweden AB
  • Waterjet Corporation s.r.l.