Global Waterjet Robots Market 2018-2022

Global Waterjet Robots Market 2018-2022

About Waterjet Robots

The scope of the report includes robots used for applications such as waterjet cutting and cleaning. It includes revenue generated by sales to the automotive, aerospace and defense, metal and machinery, and other sectors.

Technavio’s analysts forecast the global waterjet robots market to grow at a CAGR of 6.91% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global waterjet robots market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, Global Waterjet Robots Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• ABB
• FANUC
• Fiat Chrysler Automobiles
• Midea
• Yaskawa Electric

Market driver

• Advantages of waterjet cutting over alternative methods
• For a full, detailed list, view our report

Market challenge

• Lack of skilled workforce
• For a full, detailed list, view our report

Market trend

• Software and service innovations to ease integration of waterjet robots
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

Press Release

Technavio Announces the Publication of its Research Report – Global Waterjet Robots Market 2018-2022

Technavio recognizes the following companies as the key players in the global waterjet robots market: ABB, FANUC, Fiat Chrysler Automobiles, Midea, and Yaskawa Electric.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is software and service innovations to ease integration of waterjet robots. Virtual commissioning method is gaining traction over on-site commissioning, as it helps in the reduction of time and cost by 50%-60%. Virtual commissioning supports the entire lifecycle of waterjet robots, apart from the initial design and decision-making processes.”

According to the report, one driver in the market is advantages of waterjet cutting over alternative methods. With the increase in emphasis on product quality by end-users, there has been an increase in the adoption of waterjet cutting to capitalize on the advantages offered by the method. Unlike plasma and laser cutting, which are popular and widely adopted methods of cutting, waterjet cutting does not require any additional costs associated with machining required due to effects of hardening and wear and tear caused by plasma and laser cutting.

Further, the report states that one challenge in the market is lack of skilled workforce. Waterjet cutting and cleaning is a complex and repetitive process that requires highly skilled personnel. The process involves the production of high volume parts. Therefore, it requires an in-house programming expert for application settings in waterjet robots.

Companies Mentioned

ABB, FANUC, Fiat Chrysler Automobiles, Midea, and Yaskawa Electric.