Waterjet Cutting Machinery Market: Opportunity Analysis and Industry Forecast upto 2024
Waterjet Cutting Machinery Market: Overview The global waterjet cutting machinery market is primarily driven by the overall increase in activities in the manufacturing sector of several key regions. The market also benefits from the growing need for manufacturing process automation and waterjet cutting requires a lesser need for manual intervention and human guidance, even in terms of secondary finishing. The global waterjet cutting machinery market is expected to reach US$1.66 bn by the end of 2016. The market’s revenue is estimated to expand at a CAGR of 8.1% during the forecast period from 2016 to 2024, and is likely to reach US$3.11 bn by the end of 2024. Obtain Report Details @ http://www.transparencymarketresearch.com/waterjet-cutting-machinery-market.html Demand for Waterjet Cutting Machinery Lies in Job and Machine Shops In terms of applications, the global waterjet cutting machinery market is segmented into job & machine shop, machine manufacturing, exotic metal and non-traditional material cutting, glass/metal artwork, ceramic/stone cutting, fiberglass cutting, gasket cutting, foam product cutting, surgical instrument manufacturing, electronics, slitting operations, and a small percentage of minor applications. Currently, the global waterjet cutting machinery market is being propelled by the growing demand for these tools from the automotive and fabrication industries. There is a very high demand for process automation in several industry verticals and especially in the automotive industry. Make an Enquiry@ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3492
North America Expected to Lead Demand for Waterjet Cutting Machinery From a geographical perspective, the global waterjet cutting machinery market has been segmented into the key regions of North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Among these, the global waterjet cutting machinery market was led by North America in 2015, owing to a high demand from several core end users. To date, the global waterjet cutting machinery market has been dominated in several aspects and periods by names such as DARDI International Corporation, ESAB Group, MD Corporation, KMT Waterjet Systems, Inc., A Innovative International Ltd, Manufacturers Supplies Company, Flow International Corporation, Water Jet Sweden AB, Bystronic Laser India (Pvt.) Ltd., WARDjet, Inc., Waterjet Corporation s.r.l., BFT GmbH, TECHNI Waterjet, Jet Edge, Inc., Hypertherm, Inc., Uhde High Pressure Technologies GmbH, OH Precision Corporation, PressureJet Systems Pvt. Ltd., Water Jet Germany s.r.o., OMAX Corporation, WSI Waterjet Systems International, Resato International BV, Hughes Pumps Ltd, and NLB Corp. About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement. Contact Transparency Market Research 90 State Street, Suite 700
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