Manufacturers in the global waterjet cutting machine consumable market are focusing on strengthening their supply chain, particularly in regions such as Asia Pacific and Europe. Key market players are also concentrating on strategic mergers and acquisitions with other players in order to increase global reach and enhance their product offerings. North America, Europe and Asia Pacific are expected to remain the key regions in the global waterjet cutting machine consumable market, both from the supply side as well as the demand side in the next eight years. India, Brazil Russia and China will provide significant opportunities in the global waterjet cutting machine consumable market over the forecast period. These are some of the key findings from a new publication by XploreMR titled “Waterjet Cutting Machine Consumables Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025).”
Global Waterjet Cutting Machine Consumables Market: Regional Lifecycle Analysis
- North America with the U.S. in prominent position is expected to dominate the demand for waterjet cutting machine consumables, followed by Germany and France
- North America had the maximum installation of waterjet cutting machines globally. However, the acceptance of advanced waterjet technology such as robotic waterjet cutting machines has been increasing in high precision industries such as aerospace, defense, electronics, and automotive. The North America waterjet cutting machine market will start maturing after 10 years
- In Europe, waterjet cutting is a cold cutting process that is extensively used in medical and aerospace applications. Further, 5-axis gantry robots and 6-axis articulated arm robots with waterjets are used increasingly in the automotive industry
Inputs from primary respondents
Senior Vice President of waterjet cutting machines consumables manufacturers explains that with the growing awareness among industry participants regarding benefits of a waterjet cutting, the demand of waterjet cutting machine consumables is expected to witness double digit growth. However, intensifying competition will lead to price competitiveness in the market.
Global Market Study on Waterjet Cutting Machine Consumables: Abrasives to Remain Second Largest Product Type Segment in Terms of Value ShareBuy Now
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