With Market Size Valued at $1.3 Billion by 2026, it`s a Healthy Outlook for the Global Waterjet Cutting Machines Market

SAN FRANCISCO, Oct. 1, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market…

SAN FRANCISCO, Oct. 1, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled «Waterjet Cutting Machines – Global Market Trajectory & Analytics». The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE

Edition: 16; Released: April 2021

Executive Pool: 397

Companies: 72 – Players covered include Bystronic Laser AG; Dardi International Corp.; Flow International Corp.; Jet Edge, Inc.; Omax Corp.; Resato International BV; Shape Technologies Group, Inc.; WARDJet Inc.; Water Jet Sweden AB; Waterjet Corporation s.r.l. and Others.

Coverage: All major geographies and key segments

Segments: Product Type (3D Waterjet Cutting Machines, Robotics Waterjet Cutting Machines, Micro Waterjet Cutting Machines); Application (Glass/Metal Art, Exotic Metal & Non-Traditional Material Cutting, Ceramic/Stone Cutting, Gasket Cutting, Fiberglass Cutting, Foam Product Cutting); End-Use (Metal Fabrication, Automotive, Electronics, Aerospace, Food Processing, Other End-Uses)

Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Waterjet Cutting Machines Market to Reach $1.3 Billion by 2026

Amid the COVID-19 crisis, the global market for Waterjet Cutting Machines estimated at US$945.6 Million in the year 2020, is projected to reach a revised size of US$1.3 Billion by 2026, growing at a CAGR of 5.1% over the analysis period. 3D Waterjet Cutting Machines, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach US$741.8 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Robotics Waterjet Cutting Machines segment is readjusted to a revised 5.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $272.2 Million in 2021, While China is Forecast to Reach $260.6 Million by 2026

The Waterjet Cutting Machines market in the U.S. is estimated at US$272.2 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$260.6 Million by the year 2026 trailing a CAGR of 7.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Micro Waterjet Cutting Machines Segment to Reach US$221.7 Million by the year 2026

In the global Micro Waterjet Cutting Machines segment, USA, Canada, Japan, China and Europe will drive the 4.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$127 Million in the year 2020 will reach a projected size of US$168 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

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Zak Ali

Director, Corporate Communications

Global Industry Analysts, Inc.

Phone: 1-408-528-9966

www.StrategyR.com

Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.