(PRWEB) February 27, 2015
According to the report the global waterjet machine market is expected to grow at a CAGR of 9.21% from 2014 to 2019. The report attempts to understand the strengths, weaknesses, opportunities, and threats this market faces with the help of a SWOT analysis. It presents a balanced case by identifying the factors supporting this growth rate and those that restrict it. The report is a repository of knowledge for every industry stakeholder – right from a novice entrepreneur to a seasoned investor.
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Waterjet machines are used for the efficient and precise manufacturing of detailed machine parts. This industrial tool enables cutting into a wide range of materials using high-pressure water jets. The water thrust from this machine also contains abrasive materials that make the act of cutting hard materials such as granite and metals relatively easy. A waterjet machine ejects water at a pressure of more than 6,000 bars through a tiny opening.
The global waterjet machine market consists of two types of machines: Abrasive waterjet machine and pure waterjet machine. While the abrasive waterjet machine contains added abrasive materials, the pure waterjet machine makes use of only water for cutting with absolute precision. Waterjet machines are applied for various purposes in a wide range of industries such as automotive, die mold, defense, shipbuilding, parts manufacturing, electrical and electronics, wood working, healthcare, consumer durables, robotics, aerospace, plastics, food processing, and glass working. Besides these industrial applications, waterjet machines also find application in the job shops sector.
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The extensive adoption of these machines can be attributed to a lesser amount of heat they generate as compared to other cutting technologies. It is this unique selling point that makes them the perfect cutting tool for materials which are exceptionally sensitive to high temperatures. Additionally, waterjet machines lead to minimal material wastage, thus saving on costs.
Geographically, the global waterjet machine market is divided into North America, Asia Pacific, Europe, and the Middle East. The research report analyzes the factors that are supporting the growth of waterjet machine market in these regions and regions are that likely to dominate over the rest.
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Some of the key players studied by expert research analysts in this report are Flow International, OMAX, Dardi International, Bystronic, Huffman, Jet Edge, KMT Waterjet Systems, Waterjet Sweden, Anjani Technoplast, and ESAB Welding & Cutting Systems. The report offers a granular view of their financial outlook, mergers and acquisitions, investments in research and development, and future plans that are likely to change the face of the global waterjet machine market.
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