Waterjet Cutting Machinery Market Business Tactics, Company Profile & Growth Forecast Till 2027

Transparency Market Research (TMR) predicts that the global waterjet cutting machinery market would expand at a CAGR of 7.1% over the period 2019 and 2027. Furthermore, the total value of the market is projected to touch 1,718.5 Mn by the end of 2027. Basic industrial functions have also come under the ambit of the functional waterjet cutting machinery

The key strengths of waterjet cutting technology are versatility and environmental friendliness. Water which is abundantly available is the key raw material of waterjet technology and hence no other raw material cost is involved. In terms of environmental friendliness, the technology is a cold cutting process and environment friendly unlike laser cutting or plasma cutting. The versatility of cutting any soft or hard material is the key strength of waterjet cutting machines. The technology of this machine includes the cold cutting process and environmental friendly unlike laser or plasma cutting.

Soft materials such as wood and rubber can collapse under high-temperature environments. Research scientists suggest the use of high-pressure technologies to break through such brittle materials. Moreover, pressure-based technologies have proved more effective in shaping of objects as against other methods. Therefore, the global waterjet cutting machinery market is set to attract massive revenues in the years to follow.

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Waterjet cutting technique is better than other metal cutting techniques such as laser cutting, plasma cutting among other, as waterjet cutting technique can be used to cut a variety of metals, is environmental friendly, can cut more thicker metals compared to other metal cutting techniques, etc. In waterjet cutting techniques, the cut metal is not thermally deformed as no heat is used in the cutting process

Rising manufacturing activity across the globe

Automation of manufacturing activities has created fourth industrial revolution (4IR) and Industry 4.0 is the new name given to current trend in industrial automation. China which is known as the factory of the world, is increasing using automation technologies to increase its industrial output.

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Global Waterjet Cutting Machinery Market to Reach US$ 4,246.8 Mn by 2026

According to a new market report published by Transparency Market Research titled ‘Waterjet Cutting Machinery Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026, the global waterjet cutting machinery market is expected to reach US$ 4,246.8 Mn by 2026, expanding at a CAGR of 8.0% from 2018 to 2026. In terms of volume, the market is expected to reach 77.01 thousand units by 2026, expanding at a CAGR of 7.7% from 2018 to 2026. North America held a prominent share in the global waterjet cutting machinery market in 2017.

Generally, a waterjet cutting system consists of three parts: the waterjet cutting machine, the control system, and an ultra-high-pressure pump. The function of the pump is to supply high-pressure water for the waterjet cutting machine. It is observed that when the pressure of water is increased by ultra-high-pressure pumps, it increases the cutting speed of waterjet cutting machines. For example, when pressure of water is 2,758 bar, the cutting speed is 47.1 inches/min and when the pressure of water is increased to 5,5516 bar, the cutting speed of waterjet cutting machines is increased to 148 inches/min.

Waterjet cutting technology is a cold cutting process and does not create any HAZ (Heat- Affected Zone); hence there is no thermal deformation of materials that are cut. These machines can perform minute cutting jobs with a high level of precision and minimum kerf. A kerf is defined as width of a cut made by a waterjet cutting machine.

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The machines are environment friendly as they cut materials without producing any heat, dust, or smoke unlike other cutting technologies such as laser cutting or plasma cutting.  Water is a naturally found material, so no additional cost is involved in sourcing of raw materials. Globally, there is an increasing demand for waterjet cutting machines due to all these factors.

Robotic waterjet cutting machines have more or less automated the cutting process in the waterjet cutting machinery market and they also provide high precision cutting. Presently, waterjet cutting is computer operated, reducing human error. The cuts made by a waterjet machine are so fine that they do not require any secondary finishing cut. Rising automation along with high quality secondary finishing is increasing the demand for waterjet cutting machines across all industries in the world.

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