Waterjet Cutting Machine Market Continues To Expand With Sugino Machine Launching A New Waterjet Cutting Equipment With Ultra-High Pressure Water From The Ultra-Fine Nozzle
A water jet cutter sometimes referred to as a water jet cutter or water jet cutting machine, is an electrical tool capable of cuttings various materials with a high-speed jet of water, either at a low-pressuring rate or by a combination of water and an in-built abrasive material. The pressure generated by the water jet cutting device is usually sufficient to clean any surface to a great extent, and this type of cutting can be used for a number of different purposes, including cutting out pieces of sheet metal, stainless steel, or any other type of metal.
Rapid growth automobile sector is
expected to drive growth of the global waterjet cutting machine market.
Waterjet cutting machine has witnessed rampant demand over the years typically
from the automobile industry. According to the International Organization of
Motor Vehicle Manufacturers (OICA), global car sales reached 95 million units
in 2018, increasing from 75 million units in 2010. The automobile industry
requires accurate and precise cutting with very stringent cutting tolerance.
Waterjet cutting machine offers optimum accuracy with superior quality and is
more cost-effective than contemporary solutions. Furthermore, the automobile
sector is evolving rapidly with innovative designs and techniques being
introduced. Hence, such factors are expected to drive growth of the global waterjet
cutting machine market. Furthermore, high demand in aerospace and medical
industries is expected to propel the global waterjet cutting machine market
growth in the near future. Waterjet cutters are an adequate solution for in
aerospace as well as medical sector since it does not generate heat and
mechanical stresses, which removes the necessity for secondary operations.
Besides, waterjet cutters offer significant advantages over conventional
technologies, especially for medical applications without hampering structural
properties of the material.
Slow adoption of waterjet cutters in
certain regions coupled with high capital cost of ownership is expected to
restrain growth of the global waterjet cutting machine market in the near
future. However, the introduction of robotic waterjet with superior precision
and increasing demand from the wind energy sector can provide significant
business opportunities for market players in the near future. Among regions,
Asia Pacific is expected to witness significant growth in the global waterjet
cutting machine market. This is owing to rapid industrialization and positively
growing economic conditions in emerging economies such as India, South Korea,
and China. Furthermore, Europe is expected to register a robust growth rate,
owing to rising adoption of energy-efficient technologies in the region.
Major companies operating in the
global waterjet cutting machine market are TECHNI Waterjet, WARDJet, OMAX
Corporation, Caretta Technology s.r.l., Sugino Machine Limited, DARDI
International Corporation, Jet Edge, Inc., Foshan Yongshengda Machinery Co.,
Ltd., Hornet Cutting Systems, and Koike Aronson.
For instance, in October 2020, Sugino
Machine introduced its latest waterjet cutting equipment with ultra-high
pressure water from an ultra-fine nozzle.
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