The global waterjet cutting machine market is projected to grow at a CAGR of 5.1% during the forecast period. The increasing automation in the end-user industry owing to the evolution of innovation and technological advancements tend to drive the growth of the market. The end-user industries are increasingly using solutions such as control systems and robotics in order to enhance the production process and to minimize manufacturing time.
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The waterjet cutting technology is gaining traction owing to its versatility in cutting different materials. Advancement in technology in cutting machines is another factor to drive the adoption of waterjet cutting machines. Developments, such as micro and 3D waterjet cutting machines, and robotic waterjet cutting machines, are some of the significant innovations which help end-users increase their throughput and produce precise cutting operations.
Market Coverage
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
Segment Covered-
· By Technology
· By End-User
Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
Competitive Landscape- Dardi International Corp., Flow International Corp., Hypertherm inc., Koike Aronson, Inc., Omax Corp.
Key questions addressed by the report
· What is the market growth rate?
· Which segment and region dominate the market in the base year?
· Which segment and region will project the fastest growth in the market?
· How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
· Who is the leader in the market?
· How are players addressing challenges to sustain growth?
· Where is the investment opportunity?
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A full Report of Waterjet Cutting Machines Market is Available at: https://www.omrglobal.com/industry-reports/waterjet-cutting-machines-market
Global Waterjet Cutting Machines Market Report Segment
By Technology
· Pure Waterjet Cutting Machine
· Abrasive Waterjet Cutting Machine
By End-User
· Automotive
· Aerospace
· Metal Fabrication Work
· Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
