North America Waterjet Cutting Machine Market Forecast 2021-2027: US Market Dominated in 2020 and Expected to Maintain Growth, Reaching $ 240 Million by 2027 – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD)–The North America Waterjet Cutting Machine Market by Type (Abrasive & Pure), By Application (Automotive, Metal Fabrication, Electronics, Mining, Aerospace & Defense & Others), by Country, Growth Potential , COVID-19 impact analysis report and forecasts, 2021 – 2027 “ the report was added to ResearchAndMarkets.com offer.

The North America waterjet cutting machine market is expected to experience a market growth of 5.9% CAGR during the forecast period (2021-2027).

A key element that has affected the adoption of waterjet cutting machines in all industries is technological advancements and innovation in cutting equipment. Some of the major advancements that help end users increase their productivity and generate precise cutting operations are micro and 3D waterjet cutting (WCM) machines and robotic WCMs. Aerospace, electronics, textile and automotive industries are offered robotic waterjet cutting automation solutions from WARDJet, a manufacturer of waterjet cutting based in Ohio to produce weld test samples.

North America has always been a leading region and remains at the forefront of adopting advanced and new technologies. North America is the leading region in the global waterjet cutting market. The waterjet cutting machine market has been boosted owing to the growth of a number of industries. In addition, as the aerospace and mining industries expand in the North American region, the demand for waterjet cutting machines is also increasing.

These machines are the easiest way to cut or style different materials. With North America being a prominent region due to which the predominant industries in this region are adopting various new era technologies. The regional waterjet cutting machine market is flourishing owing to factors such as supporting government policies and growing industries in the region.

In North America, the United States is the primary country for waterjet cutting machines (WCM). Waterjet cutting is expected to have strong demand in a variety of applications including packaging, food, robotics, beverage and tobacco, which is expected to ultimately drive the regional market throughout. of the forecast period.

The US market dominated the North America Waterjet Cutting Machine Abrasives market by country 2020 and is expected to continue to be a dominant market until 2027; thus reaching a market value of $ 240.2 million by 2027.

The Canadian market is experiencing a CAGR of 7.5% during (2021 – 2027). Additionally, the Mexican market is expected to experience a CAGR of 6.6% during (2021 – 2027).

Based on the type, the market is segmented into abrasive and pure. On the basis of application, the market is segmented into automotive, metal fabrication, electronics, mining, aerospace and defense, and others. Based on the country, the market is segmented between United States, Mexico, Canada, and the rest of North America.

Market segments covered in the report:

By type

By application

• Automotive

• Metal fabrication

• Electronic

• Mining

• Aerospace and Defense

• Others

By country

• we

• Canada

• Mexico

• Rest of North America

List of companies featured in the report:

• Colfax Corporation

• Lincoln Electric Holdings, Inc.

• Omax Corporation (Hypertherm)

• Flow International (Shape Technologies group company)

• Koike Aronson, Inc. (Koike Sanso Kogyo Co., Ltd.)

• WARDJet (AXYZ Automation Group)

• TECHNI Waterjet (GMM SpA)

• Hornet cutting systems

• Water Jet Sweden (Vega Ronneby AB)

• Semyx Cutting Solutions

For more information on this report, visit https://www.researchandmarkets.com/r/h0op8

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