Infinium Global Research Waterjet Cutting Machinery Market | Page 3

Waterjet Cutting Machinery Market: Trends and Forecast -2024
opportunities for the water jet cutting machinery market over the upcoming years.
On the other hand, multi axis water jet cutting as well as 3D cutting would
supplement the growth of the global water jet cutting machine market.
Among the geographies, Asia pacific region is anticipated to be the dominating
region for the water jet cutting machinery market owing to its rapidly increasing
automobile industry. Additionally, increasing industrialization because of economic
growth in the emerging markets such as India and china are expected to drive the
market in the Asia Pacific regions. On the other hand, there is an increase in foreign
investments in the countries such as India, Brazil to develop the automobile
manufacturing plants that in turn is enhancing water jet cutting machinery market.
Moreover, North America leads the global water jet cutting machine market owing
to heavy demand from several core end users.
Segment Covered
The report on global waterjet cutting machinery market covers segments such as,
technology, application, product type and horsepower (HP). On the basis of
technology the global waterjet cutting machinery market is categorized into pure
waterjet cutting and abrasive waterjet cutting. On the basis of application the
global waterjet cutting machinery market is categorized into automotive, defence
and aerospace, metal fabrication, textile, ceramics and paper. On the basis of
product type the global waterjet cutting machinery market is categorized into 3d
waterjet cutting, micro waterjet cutting and robotic waterjet. On the basis of
horsepower (HP) the global waterjet cutting machinery market is categorized into
between 0 to 50 horsepower and between 51 to 100 horsepower.
Geographic Coverage
The countries covered in the North America region include the U.S., Canada, and
Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and
among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are
included in the European region. The U.S. drives the growth in the North America
region as it is the largest market in the region. The Asia-pacific region offers a
substantial potential for the market growth owing to rapid growth in markets such
as India and China. The APAC region is projected to experience a growth at a CAGR
of x.x% over the period of 2018-2024.
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