Global Waterjet Machine Market 2015-2019
About Waterjet Machines
Waterjet machines provide an efficient method of producing intricate components of machines with relative ease and precision. It facilitates versatile and effective machining, cutting, and shaping of metals and other materials. A waterjet machine uses a pump to eject water at an extremely high pressure (of over 6,000 bars) through a nozzle to cut metals and other materials. There are two types of waterjet machines: pure waterjet machines and abrasive waterjet machines. Waterjet machines are used in a wide range of industries such as Automotive, Die Mold, Parts Manufacturing, Aerospace, Defense, Shipbuilding, Electrical and Electronics, Healthcare, Consumer Durables, Plastics, Wood Working, Food Processing, Robotics, and Glass Working. It is also used extensively in the Job Shops sector. These machines generate a lesser amount of heat compared to other cutting technologies and can, therefore, be used even on materials that are highly sensitive to high temperatures. Waterjet machines also help ensure minimal wastage of the material being machined.
TechNavio's analysts forecast the Global Waterjet Machine market to grow at a CAGR of 9.21 percent over the period 2014-2019.
Covered in this Report
The Global Waterjet Machine market considers revenue generated only from the sale of waterjet machines and does not include revenue generated through maintenance services or the sales of spares.
TechNavio's report, Global Waterjet Machine Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, EMEA, and APAC regions; it also covers the Global Waterjet Machine market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.Key Regions
TechNavio Announces the Publication of its Research Report – Global Waterjet Machine Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global Waterjet Machine Market: Dardi International Corp., Flow International Corp. and OMAX Corp.
Other Prominent Vendors in the market are: Anjani Technoplast, Bystronic, ESAB Welding & Cutting, Huffman, Jet Edge, KMT Waterjet Systems, PowerJet Systems, Resato International, Waterjet Corporation and Waterjet Sweden.
Commenting on the report, an analyst from TechNavio’s team said: “The need for machining micro-sized products is one of the major trends in the market. Manufacturers are increasingly moving toward the miniaturization of products. The increased R&D by end-users has resulted in the manufacturing of smaller products that are light, efficient, and have better physical properties.”
According to the report, the increased need for cost reduction is one of the major growth drivers in the market. The existing end-users need advanced waterjet machines to perform machining on a variety of materials using the same machine instead of having separate machines for different materials.
Further, the report states that postponement of investment decisions is one of the major challenges in the Global Waterjet Machine market. Uncertain global economic conditions have compelled companies worldwide to delay new investments until they get market clarity.
Dardi International, Flow International, OMAX, Anjani Technoplast, Bystronic, ESAB Welding & Cutting Systems, Huffman, Jet Edge, KMT Waterjet Systems , PowerJet Systems, Resato International, Waterjet Corporation, Waterjet Sweden