Ultra Market Research | Waterjet Cutting Machines Market
Waterjet Cutting Machines Market
Report ID : 581
Category : Advanced-Materials
No Of Pages : 120
Published on: July 2024
Status: Published
Format :
Key Question Answer
Global Market Outlook
In-depth analysis of global and regional trends
Analyze and identify the major players in the market, their market share, key developments, etc.
To understand the capability of the major players based on products offered, financials, and strategies.
Identify disrupting products, companies, and trends.
To identify opportunities in the market.
Analyze the regional penetration of players, products, and services in the market.
Comparison of major players financial performance.
Evaluate strategies adopted by major players.
Recommendations
Waterjet Cutting Machines Market
Waterjet cutting is nothing more than an expedited industrial erosion process carried out within a selected material. Strongly pressurised water is blasted into a mixing chamber using a ruby or diamond nozzle. Pressure creates a vacuum that draws the garnet sand into the stream, where it is released for cutting at the target. Erosion happens at a rate that is seen as cutting because of how rapidly the sand particles eat away at the material. As a result, waterjet cutting has developed into a very potent and adaptable machining technique that is employed in numerous global sectors. An industrial device called a waterjet cutter consists of three primary parts that work together to erode a tiny line within a piece of material using a high-pressure water stream. Water jet machining (WJM), also called water jet cutting, is a non-traditional machining method that uses a high-velocity water jet to precisely remove material from a workpiece's surface. WJM performs exceptionally well when cutting softer materials like rubber, plastic, or wood. For harder materials like granite or metals, an abrasive ingredient is used with water to increase cutting efficiency.
Key Players Dardi International (China) Flow International (United States) OMAX (India) Anjani Technoplast (India) Bystronic (Switzerland) ESAB Welding & Cutting Systems (Switzerland) Huffman (United States) Jet Edge (United States) KMT Waterjet Systems (United States) PowerJet Systems (Canada)
Segmentation
• By Type o Pure Waterjet o Abrasive Waterjet (Abrasivejet) • By Application o paint removal o surgery o cleaning o peening to remove residual stress o cutting o drilling o milling
Market Dynamics Driver Commonly machined materials utilising water jet (WJM or AWJM) include rubber, textiles, plastics, foam, leather, composites, tiles, stone, glass, food, metals, paper, and more. These are some of the key factors that may cause the growth of waterjet cutting machines. For cutting soft and easily machinable materials, such foils, wood, fabrics, plastics, polymers, leathers, and even frozen substances, WJM is the recommended method. Conversely, thick steel and aluminium plates, reinforced plastics, metal matrix and ceramic matrix composites, multilayer composites, stones, glass, and other difficult-to-machine materials are among the materials that AWJM excels at processing. It also have some advantages Preserves the original structure of materials without creating a heat-affected zone (HAZ),Enables intricate and complex cuts in various materials, Maintains a clean and dust-free work area during the machining process, Boasts low operating and maintenance costs as it lacks moving parts, Minimises thermal damage to the workpiece due to the absence of heat generation, Cuts a wide range of materials, from softer ones like rubber, plastics, and wood (WJM) to harder materials like granite (AWJM), Environmentally friendly, generating no pollution or toxic by-products.
Restraints For cutting soft and easily machinable materials, such foils, wood, fabrics, plastics, polymers, leathers, and even frozen substances, WJM is the recommended method. Conversely, thick steel and aluminium plates, reinforced plastics, metal matrix and ceramic matrix composites, multilayer composites, stones, glass, and other difficult-to-machine materials are among the materials that AWJM excels at processing.
Opportunity Waterjet technology is one of the machining techniques that is growing the fastest. It is safe for the environment, can machine almost any material, and can cut metal down to a depth of more than 100 mm. It is used in a wide range of industries, including the food, medical, aerospace, and automotive sectors. Some of the current applications include coating removal from engine components, fish stripping and cutting, and automobile carpet cutting. In recent times, there has been a noticeable surge in the utilisation of waterjet technology due to the need for speed, flexibility, and the processing of more challenging materials. Improvements in waterjet cutting technology, such as higher precision and faster cutting speeds, give opportunities for market expansion. Waterjet cutting equipment are being equipped with robotics and automation to boost productivity and reduce labour costs.
Recent Industry Insight On Jan. 2022, The 2nd Generation of FinJet H waterjet cutting machines is launched On August 2018, OMAX Corporation announced the ProtoMAX abrasive waterjet has achieved CE certification. On August 2022, Court Square Capital Partners-Backed GoEngineer Announces Acquisition of Computer Aided Technology, Inc. On June 2023, Keysight Advances Software-Centric Solutions Leadership Through the Acquisition of ESI Group On June 2023, Entry into exclusive negotiations between Keysight and ESI Group’s main shareholders to acquire a controlling block followed by the launching of a mandatory cash tender offer On June 2023, Accenture Acquires Nextira, Expanding Engineering Capabilities in Artificial Intelligence and Machine Learning On October 2020, Altair Acquires M-Base Engineering + Software GmbH, Leader in Plastics Material Data and Technology On February 2020, Hexagon enhances its Smart Factory solutions with the acquisition of Romax Technology
Key Target Audience End User Potential Investors New Entrants Innovation and R&D Suppliers and Manufacturers Others
Table of content 1. Introduction 1.1. Report Description 1.2. Research Methodology 1.2.1. Data Mining 1.2.2. Market Modeling and Forecasting 1.2.3. Data Validation 1.2.4. Industry Analysis
4. Waterjet Cutting Machines Market by Type 4.1. Introduction 4.2. Waterjet Cutting Machines Market Size and Growth by Type (2021-2030) 4.3. Pure Waterjet 4.3.1. Pure Waterjet Market Size and Growth Rate (2019- 2030) 4.4. Abrasive Waterjet (Abrasive jet) 4.4.1. Abrasive Waterjet (Abrasive jet) Market Size and Growth Rate (2019- 2030)
5. Waterjet Cutting Machines Market by Application 5.1. Introduction 5.2. Waterjet Cutting Machines Market Size and Growth Rate by Application (2021-2030) 5.3. paint removal 5.3.1. Paint Removal Market Size and Growth Rate (2021-2030) 5.4. Surgery 5.4.1. Surgery Market Size and Growth Rate (2021-2030) 5.5. Cleaning 5.5.1. Cleaning Market Size and Growth Rate (2021-2030) 5.6. Peening to remove residual stress 5.6.1. Peening to remove residual stress Market Size and Growth Rate (2019- 2030) 5.7. Cutting 5.7.1. Cutting Market Size and Growth Rate (2021-2030) 5.8. Drilling 5.8.1. Drilling Market Size and Growth Rate (2021-2030) 5.9. Milling 5.9.1. Milling Market Size and Growth Rate (2021-2030)
6. Company Profiles 6.1. Dardi International (China) 6.1.1. Business Overview 6.1.2. Service Portfolio 6.1.3. Strategic Developments 6.1.4. Financial Overview
6.2. Flow International (United States) 6.2.1. Business Overview 6.2.2. Service Portfolio 6.2.3. Strategic Developments 6.2.4. Financial Overview
6.3. OMAX (India) 6.3.1. Business Overview 6.3.2. Service Portfolio 6.3.3. Strategic Developments 6.3.4. Financial Overview
6.4. Anjani Technoplast (India) 6.4.1. Business Overview 6.4.2. Service Portfolio 6.4.3. Strategic Developments 6.4.4. Financial Overview
6.5. Bystronic (Switzerland) 6.5.1. Business Overview 6.5.2. Service Portfolio 6.5.3. Strategic Developments 6.5.4. Financial Overview
6.6. ESAB Welding & Cutting Systems (Switzerland) 6.6.1. Business Overview 6.6.2. Service Portfolio 6.6.3. Strategic Developments 6.6.4. Financial Overview
6.7. Huffman (United States) 6.7.1. Business Overview 6.7.2. Service Portfolio 6.7.3. Strategic Developments 6.7.4. Financial Overview
6.8. Jet Edge (United States) 6.8.1. Business Overview 6.8.2. KMT Waterjet Systems (United States) 6.8.3. Strategic Developments 6.8.4. Financial Overview
6.9. PowerJet Systems (Canada) 6.9.1. Business Overview 6.9.2. Service Portfolio 6.9.3. Strategic Developments 6.9.4. Financial Overview
7. List of Tables and Figures Table Waterjet Cutting Machines Market Size and Market Share by Type (2021-2023) Table Waterjet Cutting Machines Market Size and Market Share by Type (2023-2030) Pure Waterjet Market Size and Growth Rate (2021-2030) Abrasive Waterjet (Abrasive jet) Market Size and Growth Rate (2021-2030) Table Waterjet Cutting Machines Market Size and Market Share by Application (2021-2023) Table Waterjet Cutting Machines Market Size and Market Share by Application (2023-2030 Paint Removal Market Size and Growth Rate (2021-2030) Surgery Market Size and Growth Rate (2021-2030) Cleaning Market Size and Growth Rate (2021-2030) Drilling Market Size and Growth Rate (2021-2030) Milling Market Size and Growth Rate (2021-2030)
Research Methodology
The process of market research at Ultra Market Research is an iterative in application and usually follows following path. Information from secondary used to build data models, then results from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done and new Information is again incorporated into data model. The process continues till desired level of Information is not generated
To calculate the market size, the report considers the revenue generated from the sales of Ultra Market Research providers. The revenue generated from the sales of Ultra Market Research has been calculated through primary and secondary research. The report also presents the key players operating in the Ultra Market Research market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes distribution channel segmentation determined using secondary sources and verified through primary sources.
Secondary Research
The secondary research source that are typically referred to include, but are not limited to:
Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
Internal and external proprietary databases, relevant patent and regulatory databases
National government documents, statistical databases and market reports
News articles, press releases and web-casts specific to the companies operating in the market
The source for secondary research includes but is not limited to: Factiva, Hoovers and Statista
Inner Circle Represents – Stage of Research Process
Middle Circle Represents – Source of Information
Outer Circle Represents – Information Derived from that source
Primary Research We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:
It provides first-hand Information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
Helps in validating and strengthening the secondary research findings
Further develops the analysis team’s expertise and market understanding
Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies
The participants who typically take part in such a process include, but are not limited to:
Industry participants: CEOs, VPs, marketing/ distribution channel managers, market intelligence managers and national sales managers
Purchasing managers, technical personnel, distributors and resellers
Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
Key opinion leaders specializing in different areas corresponding to different industry distribution channels
Models Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data distribution channels to produce estimates:
Demographic data: Population split by segment
Macro-economic indicators: GDP, etc.
Industry indicators: Expenditure, distribution channel stage & infrastructure, sector growth and facilities.
Data is then cross checked by the expert panel.
2..1 Company Share Analysis Model
Company share analysis is used to derive the size of Global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps: 2..2 Revenue Based Modeling
Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.
2.1 Research Limitations Inflation is not a part of pricing in this report. Prices of Endoluminal Surgery and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each distribution channel has been taken into account while estimating and forecasting market revenue in U.S. Regional average price has been considered while breaking down this market by application in each region. This report provides market size of Endoluminal Surgery for the past year and forecasts for the next six years. The Global Endoluminal Surgery Market market size is given in terms of revenue. Market revenue is defined in USD Million. Market numbers are given on the basis of different Endoluminal Surgery categories. Market size and forecasts for each major application is provided in the context of Global market. The numbers provided in this report are derived on the basis of demand for Endoluminal Surgery from different application industries in different regions.
Segmentation
• By Type o Pure Waterjet o Abrasive Waterjet (Abrasivejet) • By Application o paint removal o surgery o cleaning o peening to remove residual stress o cutting o drilling o milling
