Infinium Global Research Waterjet Cutting Machinery Market | Page 2

Waterjet Cutting Machinery Market: Trends and Forecast -2024
The Infinium Global Research analyzes the report of Waterjet Cutting Machinery
Market over the period of 2018 to 2024. This report also provides detailed
qualitative and quantitative analyses of the market dynamics, market size and
future trends in Global Waterjet Cutting Machinery Market. It will help a lot of
decision makers to develop strategies and find new opportunities in the Global
markets of Waterjet Cutting Machinery.
The report covers market changing aspects including drivers, restraints,
opportunities, and trends expected to encouragement the expansion of the
Waterjet Cutting Machinery Market during the said period. The report also
provides market attractiveness analysis, by geography, and market share analysis,
by key players respectively. Some of the prominent participants in the Global
Waterjet Cutting Machinery Market are Resato International BV, Jet Edge, Inc.,
OMAX Corporation, Colfax Corporation, Bystronic Laser AG, WARDJet, Inc and Dardi
International Corporation. According to report the global waterjet cutting
machinery market is projected to grow at a CAGR of 8.2% over the forecast period
of 2018-2024.
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Water jet cutting machinery is an industrial tool that is capable of cutting wide
range of materials using very high-pressure jet of water. Water jet is often used
during fabrication of machine parts and it is a preferred method when the materials
are very sensitive to the high temperatures. They are used widely in various end
use industries such as mining and aerospace, textile, food, construction, electronics
for cutting, shaping and reaming.
Higher demand for process automation across various industry verticals are the key
factors driving the growth of the water jet cutting machinery market. Additionally,
technological advancement and increasing end use applications of water jet cutting
machines are likely to boost the demand for water jet cutting machinery market
over the forecast period. However, high cost involved in maintenance of water jet
may act as the restraining factor for the growth of the water jet cutting machinery
market.
Furthermore, the advancement of newer technologies such as multi axis water jet
cutting as well as 3D cutting would comfort the water jet cutting process to
increase its capacity worldwide. This in turn is providing several growth
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