 |
| Waterjet Cutting Machine Market |
A waterjet cutter uses high-pressure, filtered, and
pressurized water to cut materials. The water is conveyed in stainless steel
tubing to a nozzle, a narrow pipe that focuses and ejects a beam of water at
speeds reaching 900 m/s. It may also carry abrasives to provide more cutting
power. Waterjet cutters are often CNC-managed systems that allow operators to
use CAD software to manage the cutting head’s movements. They are equipped to
handle product runs of all sizes, and they can make cuts in 2 axes or more. The
nozzle muff, which is usually made from ruby or diamond, prevents splashing as
the water jet cuts. The abrasive mixing chamber ensures that the abrasives are
well mixed with the water, which reduces noise during the cutting process. The
attenuator regulates the water’s output pressure and keeps it sustainable. The
apertures, which are typically made from ruby or diamond, focus the water so
that it emerges as a perfect beam. The catch tank, or secured holding, collects
stray water and debris.
Market
Dynamics:
Increasing
adoption of inorganic growth strategies are estimated to augment the growth of the global waterjet cutting machine
market over the forecast period. The global Waterjet
Cutting Machine Market is estimated to account for US$ 1919.1 Mn in
terms of value by the end of 2021 and is expected to grow at a CAGR of 9.0%
during the forecasted period (2022-2030). For
instance,
OMAX Corp and Capital Machine Technologies entered an agreement in January
2020. According to the agreement, Capital Machine Technologies will be
representing OMAX waterjets in Arkansas, North
Carolina, Virginia, Texas, Georgia, Florida, Louisiana, and
Oklahoma. Moreover, the rising cost of ownership and lack of technical knowledge
is anticipated to restrain the growth of the global waterjet cutting machine
market over the forecast period.
Impact
of COVID-19:
The pandemic affected several countries including China, the
US, India, the UK, UAE, Australia, Spain, and many more. All these nations had
to implement strict measures for protecting the lives of their citizens. These
restrictions resulted in hampering many businesses and the global economy.
During the pandemic, nationwide lockdowns were imposed in many regions. These
affected the growth of several businesses globally. The pandemic also led to the shutting
down of manufacturing activities in many sectors. The pandemic had a huge
impact on supply chains and it also caused a shortage of raw materials. There
was a decrease in demand for waterjet cutting machines in several sectors, as
manufacturing activities were shut down. Thus, the pandemic hindered the growth
of the global waterjet cutting machine market.
Key Takeaways:
For instance, Belotti Spa introduced a Nesting
Series CNC waterjet cutting technology, in January 2021. This new technology
can be used for processing tiny products with precision and it has a small
tolerance range.
Asia Pacific is anticipated to
witness significant growth in the global waterjet cutting machine market over the
forecast period, due to growing product demand
and increasing industrialization.
Key players operating in the global Waterjet
Cutting Machine Market are KMT, Dardi International Corporation,
WARDJet, ESAB, Resato International, Medtronic,
Flow International Corporation, OMAX Corporation, Hypertherm, Inc.,
Koike Aronson, Inc., Koninklijke Philips N.V., SOMNOmedics
GmbH, Nihon Kohden Corporation, CONMED Corporation, 3M, and Jet
Edge, Inc.