Waterjet machines provide an efficient method of producing intricate components of machines with relative ease and precision. It facilitates versatile and effective machining, cutting, and shaping of metals and other materials. A waterjet machine uses a pump to eject water at an extremely high pressure (of over 6,000 bars) through a nozzle to cut metals and other materials. There are two types of waterjet machines: pure waterjet machines and abrasive waterjet machines. Waterjet machines are used in a wide range of industries such as Automotive, Die Mold, Parts Manufacturing, Aerospace, Defense, Shipbuilding, Electrical and Electronics, Healthcare, Consumer Durables, Plastics, Wood Working, Food Processing, Robotics, and Glass Working. It is also used extensively in the Job Shops sector. These machines generate a lesser amount of heat compared to other cutting technologies and can, therefore, be used even on materials that are highly sensitive to high temperatures. Waterjet machines also help ensure minimal wastage of the material being machined.
TechNavio's analysts forecast the Global Waterjet Machine market to grow at a CAGR of 9.21 percent over the period 2014-2019.
The Global Waterjet Machine market considers revenue generated only from the sale of waterjet machines and does not include revenue generated through maintenance services or the sales of spares.
TechNavio's report, Global Waterjet Machine Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, EMEA, and APAC regions; it also covers the Global Waterjet Machine market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.