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Waterjet Cutting Machines to Grow at the Highest CAGR from 2018 to 2023

The waterjet cutting machine market was valued at USD 0.86 Billion in 2017 and is expected to reach USD 1.24 Billion by 2023, at a CAGR of 6.25% during the forecast period. The objective of the report is to describe, segment, and forecast the market

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Waterjet Cutting Machines to Grow at the Highest CAGR from 2018 to 2023

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  1. MarketsandMarkets Presents Waterjet Cutting Machines to Grow at the Highest CAGR from 2018 to 2023 Waterjet Cutting Machine Market by Product Type (3D, Micro, and Robotic), Application (Glass/Metal Art, Fiberglass Cutting, Foam Product Cutting), Industry (Automotive, Machine Manufacturing, Medical Devices), and Geography - Global Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/waterjet-cutting-machine-market-183785572.html

  2. The waterjet cutting machine marketwas valued at USD 0.86 Billion in 2017 and is expected to reach USD 1.24 Billion by 2023, at a CAGR of 6.25% during the forecast period. The objective of the report is to describe, segment, and forecast the market based on product type, application, industry, and geography. Significant factors influencing the growth of this market include promising growth in the global steel industry, growing automobile industry, development of the industrial sector in the Middle East and Africa, and an overall increase in construction activities. Browse 61 market data Tables and 31 Figures spread through 112 Pages and in-depth TOC on "Waterjet Cutting Machine Market - Global Forecast to 2023"

  3. Waterjet Cutting Machine or WCM, is an industrial tool that uses a high-pressure jet stream of water to cut different materials. The jet stream may contain pure water or an abrasive material mixed with it. The waterjet cutting technology is capable of cutting various materials, including metals, glass, stone, foam, and reflective materials without melting, distorting, or warping their original structure. Waterjet cutting machines do not require heat for cutting and thus maintain the base quality of the material being processed. This makes waterjet cutting highly suitable for cutting the materials which are sensitive to high temperatures. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=183785572 The market for robotic waterjet cutting machines to grow at the highest CAGR from 2018 to 2023 A robotic waterjet cutting machine consists of an industrial robot and a high–pressure water jet system. The robotic waterjets are used to cut, drill, and clean a variety of materials. These are used to cut automobile internal parts, to cut holes, or trim the edges. Another common application of robot waterjet cutter is to cut helmet or similar 3D products. Depending on the size of parts to be cut, the model of a robot (i.e., the radius of the arm and weight carried by the arm) is selected.

  4. Glass/metal art to hold the largest share of the waterjet cutting market by 2023 Glass/metal art has been the most common application of these machines all over the world. The growing demand for hurricane glass for car doors and windows in the automotive industry is driving the growth of the waterjet cutting machine market. The market for foam product cutting is projected to grow at the highest CAGR from 2018 to 2023. The rising demand for foam equipment and machine part packaging in the aerospace and automotive industries fuels the growth of the waterjet cutting machine market. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=183785572 Waterjet Cutting Market in APAC to register the highest CAGR during the forecast period The growth of the market in APAC is driven by the expansion of the metal fabrication and automotive industries, coupled with the growing machine manufacturing sector in India and China, among others. The efforts by the Government of India to strengthen the country’s manufacturing industry through its “Make in India” initiative is likely to propel the demand for waterjet cutting machines in the next few years. This initiative focuses on 25 sectors, which include automobiles, aerospace, and railways, and electrical machinery; it aims to facilitate investments, build high-class manufacturing infrastructure, and foster innovation.

  5. Recent Developments • In May 2018, Hornet Cutting Systems announced a distribution partnership with Minneapolis Oxygen Company. According to this partnership, Minneapolis Oxygen Company would be benefited from an industry-leading CNC cutting machine line of Hornet, and this would enable Hornet Cutting Systems to improve its presence in the Twin Cities, Northern Minnesota, and Northwest. • In November 2017, Flow International launched Mach 200, an entirely new system designed as a practical and flexible waterjet solution. • In September 2017, OMAX Corporation launched ProtoMAX abrasive waterjet, a compact, self-installed cutting system ideal for prototyping and relatively low volume cutting of almost any material with less than 2” thickness. • In September 2016, KMT Waterjet Systems Inc. introduced KMT Streamline PRO-III 90,000 psi series pumps for cutting metals (including aluminum and titanium), steel, stainless steel, rubber, plastic, and glass. • In January 2016, ESAB announced Columbus CAD/CAM Nesting Software version 1.3, a powerful CAD/CAM programming and nesting software optimized for plasma, oxy-fuel, laser, and waterjet cutting.

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

  7. Contact Us Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 For More Info: https://www.marketsandmarkets.com/PressReleases/waterjet-cutting-machine.asp

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