The North America Waterjet Cutting Machine Market would witness market growth of 5.9% CAGR during the forecast period (2021-2027).
Waterjet cutting requires little edge treatment or secondary finishing once the cut is performed, which saves time and improves efficiency in your workshop. This means a person can get started on the next cut or job right away, while others who utilize other cutting processes waste time and energy perfecting their edges.
Another element which has affected the adoption of Waterjet cutting machines in every sector is advancements in technology and innovation in cutting equipment. Some of the major advancements that help end-users fuel their productivity and generate precise cutting operations are micro and 3D Waterjet cutting machines (WCMs) and robotic WCMs. Aerospace, electronics, textile, and automotive industries are offered robotic Waterjet cutting automation solutions by WARDJet, an Ohio-based Waterjet cutting manufacturer to produce weld test samples.
North America has always been a leading region and remains at the forefront of adopting advanced and new technology. North America is the leading region in the global Waterjet cutting market. The market for Waterjet cutting machines has been driven due to the rise in a number of industries. Moreover, as the aerospace and the mining industries are growing in the North American region due to this the demand for Waterjet cutting machines is also rising.
These machines are the easiest way to cut or style different materials. As North America is a leading region due to which the industries prevailing in this region are adopting various new-age technologies. The regional Waterjet cutting machine market is flourishing on account of the factors such as supportive government policies and growing industries in the region.
In North America, the United States is the major country for Waterjet cutting machines (WCMs). Waterjet cutting would have a high demand in a variety of applications, including packaging, food, robotics, beverage, and tobacco, which would eventually drive the regional market throughout the forecast period.
The US market dominated the North America Waterjet Cutting Machine Abrasive Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $240.2 million by 2027. The Canada market is experiencing a CAGR of 7.5% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 6.6% during (2021 - 2027).
Based on Type, the market is segmented into Abrasive and Pure. Based on Application, the market is segmented into Automotive, Metal Fabrication, Electronics, Mining, Aerospace & Defense and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Waterjet Cutting Machine Market is Estimated to Reach USD 1.5 Billion by 2027 at a CAGR of 6.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Colfax Corporation, Lincoln Electric Holdings, Inc., Omax Corporation (Hypertherm), Flow International (Shape Technologies Group Company), Koike Aronson, Inc. (Koike Sanso Kogyo Co., ltd.), WARDJet (AXYZ Automation Group), TECHNI Waterjet (GMM S.p.A), Hornet Cutting Systems, Water Jet Sweden (Vega Ronneby AB) and Semyx Cutting Solutions.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Application
- Automotive
- Metal Fabrication
- Electronics
- Mining
- Aerospace & Defense
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Colfax Corporation
- Lincoln Electric Holdings, Inc.
- Omax Corporation (Hypertherm)
- Flow International (Shape Technologies Group Company)
- Koike Aronson, Inc. (Koike Sanso Kogyo Co., ltd.)
- WARDJet (AXYZ Automation Group)
- TECHNI Waterjet (GMM S.p.A)
- Hornet Cutting Systems
- Water Jet Sweden (Vega Ronneby AB)
- Semyx Cutting Solutions
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Waterjet Cutting Machine Market, by Type
1.4.2 North America Waterjet Cutting Machine Market, by Application
1.4.3 North America Waterjet Cutting Machine Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Waterjet Cutting Machine Market by Type
3.1 North America Waterjet Cutting Machine Abrasive Market by Country
3.2 North America Waterjet Cutting Machine Pure Market by Country
Chapter 4. North America Waterjet Cutting Machine Market by Application
4.1 North America Automotive Waterjet Cutting Machine Market by Country
4.2 North America Metal Fabrication Waterjet Cutting Machine Market by Country
4.3 North America Electronics Waterjet Cutting Machine Market by Country
4.4 North America Mining Waterjet Cutting Machine Market by Country
4.5 North America Aerospace & Defense Waterjet Cutting Machine Market by Country
4.6 North America Other Application Waterjet Cutting Machine Market by Country
Chapter 5. North America Waterjet Cutting Machine Market by Country
5.1 US Waterjet Cutting Machine Market
5.1.1 US Waterjet Cutting Machine Market by Type
5.1.2 US Waterjet Cutting Machine Market by Application
5.2 Canada Waterjet Cutting Machine Market
5.2.1 Canada Waterjet Cutting Machine Market by Type
5.2.2 Canada Waterjet Cutting Machine Market by Application
5.3 Mexico Waterjet Cutting Machine Market
5.3.1 Mexico Waterjet Cutting Machine Market by Type
5.3.2 Mexico Waterjet Cutting Machine Market by Application
5.4 Rest of North America Waterjet Cutting Machine Market
5.4.1 Rest of North America Waterjet Cutting Machine Market by Type
5.4.2 Rest of North America Waterjet Cutting Machine Market by Application
Chapter 6. Company Profiles
6.1 Colfax Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expenses
6.2 Lincoln Electric Holdings, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.1 Segmental and Regional Analysis
6.2.2 Research & Development Expense
6.2.3 SWOT Analysis
6.3 OMAX Corporation (Hypertherm)
6.3.1 Company Overview
6.3.2 Recent strategies and developments:
6.3.2.1 Partnerships, Collaborations, and Agreements:
6.3.2.2 Product Launches and Product Expansions:
6.4 Flow International (Shape Technologies Group Company)
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Partnerships, Collaborations, and Agreements:
6.5 Koike Aronson, Inc. (Koike Sanso Kogyo Co., ltd.)
6.5.1 Company Overview
6.5.2 Recent strategies and developments:
6.5.2.1 Partnerships, Collaborations, and Agreements:
6.5.2.2 Product Launches and Product Expansions:
6.6 WARDJet (AXYZ Automation Group)
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Product Launches and Product Expansions:
6.7 TECHNI Waterjet (GMM S.p.A)
6.7.1 Company Overview
6.7.2 Recent strategies and developments:
6.7.2.1 Partnerships, Collaborations, and Agreements:
6.8 Hornet Cutting Systems
6.8.1 Company Overview
6.8.2 Recent strategies and developments:
6.8.2.1 Partnerships, Collaborations, and Agreements:
6.8.2.2 Product Launches and Product Expansions:
6.9 Water Jet Sweden (Vega Ronneby AB)
6.9.1 Company Overview
6.10. Semyx Cutting Solutions
6.10.1 Company Overview
TABLE 1 North America Waterjet Cutting Machine Market, 2017 - 2020, USD Million
TABLE 2 North America Waterjet Cutting Machine Market, 2021 - 2027, USD Million
TABLE 3 North America Waterjet Cutting Machine Market by Type, 2017 - 2020, USD Million
TABLE 4 North America Waterjet Cutting Machine Market by Type, 2021 - 2027, USD Million
TABLE 5 North America Waterjet Cutting Machine Abrasive Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Waterjet Cutting Machine Abrasive Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Waterjet Cutting Machine Pure Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Waterjet Cutting Machine Pure Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Waterjet Cutting Machine Market by Application, 2017 - 2020, USD Million
TABLE 10 North America Waterjet Cutting Machine Market by Application, 2021 - 2027, USD Million
TABLE 11 North America Automotive Waterjet Cutting Machine Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Automotive Waterjet Cutting Machine Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Metal Fabrication Waterjet Cutting Machine Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Metal Fabrication Waterjet Cutting Machine Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Electronics Waterjet Cutting Machine Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Electronics Waterjet Cutting Machine Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Mining Waterjet Cutting Machine Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Mining Waterjet Cutting Machine Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Aerospace & Defense Waterjet Cutting Machine Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Aerospace & Defense Waterjet Cutting Machine Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Other Application Waterjet Cutting Machine Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Other Application Waterjet Cutting Machine Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Waterjet Cutting Machine Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Waterjet Cutting Machine Market by Country, 2021 - 2027, USD Million
TABLE 25 US Waterjet Cutting Machine Market, 2017 - 2020, USD Million
TABLE 26 US Waterjet Cutting Machine Market, 2021 - 2027, USD Million
TABLE 27 US Waterjet Cutting Machine Market by Type, 2017 - 2020, USD Million
TABLE 28 US Waterjet Cutting Machine Market by Type, 2021 - 2027, USD Million
TABLE 29 US Waterjet Cutting Machine Market by Application, 2017 - 2020, USD Million
TABLE 30 US Waterjet Cutting Machine Market by Application, 2021 - 2027, USD Million
TABLE 31 Canada Waterjet Cutting Machine Market, 2017 - 2020, USD Million
TABLE 32 Canada Waterjet Cutting Machine Market, 2021 - 2027, USD Million
TABLE 33 Canada Waterjet Cutting Machine Market by Type, 2017 - 2020, USD Million
TABLE 34 Canada Waterjet Cutting Machine Market by Type, 2021 - 2027, USD Million
TABLE 35 Canada Waterjet Cutting Machine Market by Application, 2017 - 2020, USD Million
TABLE 36 Canada Waterjet Cutting Machine Market by Application, 2021 - 2027, USD Million
TABLE 37 Mexico Waterjet Cutting Machine Market, 2017 - 2020, USD Million
TABLE 38 Mexico Waterjet Cutting Machine Market, 2021 - 2027, USD Million
TABLE 39 Mexico Waterjet Cutting Machine Market by Type, 2017 - 2020, USD Million
TABLE 40 Mexico Waterjet Cutting Machine Market by Type, 2021 - 2027, USD Million
TABLE 41 Mexico Waterjet Cutting Machine Market by Application, 2017 - 2020, USD Million
TABLE 42 Mexico Waterjet Cutting Machine Market by Application, 2021 - 2027, USD Million
TABLE 43 Rest of North America Waterjet Cutting Machine Market, 2017 - 2020, USD Million
TABLE 44 Rest of North America Waterjet Cutting Machine Market, 2021 - 2027, USD Million
TABLE 45 Rest of North America Waterjet Cutting Machine Market by Type, 2017 - 2020, USD Million
TABLE 46 Rest of North America Waterjet Cutting Machine Market by Type, 2021 - 2027, USD Million
TABLE 47 Rest of North America Waterjet Cutting Machine Market by Application, 2017 - 2020, USD Million
TABLE 48 Rest of North America Waterjet Cutting Machine Market by Application, 2021 - 2027, USD Million
TABLE 49 Key Information – Colfax Corporation
TABLE 50 key information – Lincoln Electric Holdings, Inc.
TABLE 51 Key Information – Omax Corporation
TABLE 52 Key Information – Flow International
TABLE 53 Key Information – Koike aronson, Inc.
TABLE 54 Key Information – Wardjet
TABLE 55 Key Information – TECHNI Waterjet
TABLE 56 Key Information – Hornet Cutting Systems
TABLE 57 Key Information – Water jet Sweden
TABLE 58 Key Information – Semyx Cutting Solutions
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Lincoln Electric Holdings, Inc.
FIG 3 Recent strategies and developments: Omax Corporation
FIG 4 Recent strategies and developments: Koike Aronson, Inc.
FIG 5 Recent strategies and developments: Hornet Cutting Systems