News - Full StoryUSD 307.21 million growth in Waterjet Cutting Machines Market | Evolving Opportunities with A Innovative International Ltd. & Colfax Corp.|17000+ Technavio Reports
NEW YORK, Nov. 25, 2021 /PRNewswire/ -- The waterjet cutting machines market is expected to grow by USD 307.21 million from 2020 to 2025. Technavio's latest market research report estimates that the waterjet cutting machines market will be progressing at a CAGR of 5.36%.A Innovative International Ltd., Colfax Corp., Dardi International Corp., Guangzhou Sino Achieve Mechanical Equipment Co. Ltd., Hornet Cutting Systems, Hypertherm Inc., Koike Aronson Inc., Optomec Inc., Semyx Cutting Solutions, and Shape Technologies Group Inc. are some of the major participants for waterjet cutting machines market.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The increasing focus on automating the metal cutting process, high accuracy and efficiency required for cutting exotic materials, and the increasing demand from the automotive industry will offer immense growth opportunities. However, the high initial cost of implementation will hamper the market growth.
To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Waterjet Cutting Machines Market 2021-2025:Key Regions & Revenue Generating Segment
33% of the waterjet cutting machines market growth will originate fromNorth Americaduring the forecast period. US and Canada are the key markets for waterjet cutting machines in North America. Factors such as the automotive industry in the US transitioning into the mature phase are accelerating the waterjet cutting machines market growth in North America.
The waterjet cutting machines market share growth by the metal fabrication segment will be significant for revenue-generating. Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the waterjet cutting machines market size.
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist waterjet cutting machines market growth during the next five years
Estimation of the waterjet cutting machines market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the waterjet cutting machines market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of waterjet cutting machines market vendors
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Waterjet Cutting Machines Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 5.36%
Market growth 2021-2025
USD 307.21 million
YoY growth (%)
North America, Europe, APAC, South America, and MEA
Performing market contribution
North America at 33%
Key consumer countries
US, China, Germany, Canada, and Japan
Leading companies, competitive strategies, consumer engagement scope
A Innovative International Ltd., Colfax Corp., Dardi International Corp., Guangzhou Sino Achieve Mechanical Equipment Co. Ltd., Hornet Cutting Systems, Hypertherm Inc., Koike Aronson Inc., Optomec Inc., Semyx Cutting Solutions, and Shape Technologies Group Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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