Waterjet cutting machines utilize high-pressure jets of water or a combination of water and abrasive materials to cut through different materials with exceptional accuracy. The market is segmented based on technology and end-user industries. In terms of technology, the market is divided into two main segments- pure waterjet cutting machines and abrasive waterjet cutting machines. Pure waterjet cutting machines employ high-pressure water jets to cut soft materials such as rubber, foam, paper, and textiles. On the other hand, abrasive waterjet cutting machines use a mixture of water and abrasive particles to cut hard materials such as metals, ceramics, composites, and stone. The choice of technology depends on the type of material and the desired cutting precision.
Regarding end-users, the market caters to various industries. The automotive sector extensively utilizes waterjet cutting machines for the precise shaping of automotive components, such as interior parts, dashboards, and body panels. The aerospace industry relies on these machines for cutting intricate shapes in materials such as titanium, aluminum, and composites used in aircraft manufacturing. Metal fabrication work is another significant end-user segment, employing waterjet cutting machines for cutting and shaping metal sheets and profiles in industries such as construction and manufacturing. Additionally, other industries, including electronics, packaging, and food processing, also benefit from the versatility and accuracy of waterjet cutting technology.
Key Drivers of the Waterjet Cutting Machinery Market
Waterjet cutting machines offer exceptional precision in cutting a wide range of materials, including metals, composites, stone, and glass. With industries increasingly demanding intricate and precise cutting for their products, waterjet cutting machinery provides a reliable solution that ensures high-quality cuts and minimal material waste. Hence, the growth of end-user industries will further support the waterjet cutting machinery market’s growth. According to the International Trade Administration, by 2025, China’s domestic production is anticipated to exceed 35 million vehicles. According to information from the Ministry of Industry and Information Technology, approximately 26 million vehicles, including 21.48 million passenger cars, were sold in 2021, an increase of 7.1% from 2020.
Another factor contributing to the market’s growth is technological advancement. The waterjet cutting machinery market is constantly evolving, with advancements in technology improving cutting speeds, precision, and automation capabilities. Innovations such as high-pressure pumps, advanced control systems, and robotic integration have enhanced the efficiency and effectiveness of waterjet cutting machines, driving their adoption across industries. For instance, in April 2023, Omax Corp., a member of Hypertherm, introduced its most advanced waterjet equipment, the OptiMAX. Designed to streamline the process of turning prints into parts, the OptiMAX reduces the need for highly experienced operators. The abrasive waterjet cutting equipment offered by Omax eliminates fiber pullout and delamination, enabling the cutting of a wide range of materials, including composites and metals. The OptiMAX features intuitive software, improved automation, and various new enhancements such as the IntelliMAX premium software, IntelliVISOR console, EnduroMAX pump, and IntelliTRAX drive system. Optional features include the TiltaJET taper compensation head for enhanced accuracy.
Expansions and Innovations by Major Market Players
The waterjet cutting machinery market has significant contributors such as Dardi International Corp., Flow International Corp., Hypertherm Inc., Koike Aronson, Inc., Omax Corp., and others. These players assist in the market’s growth with the launch of new products and through collaborations and investments. For instance, in March 2023, Brook Food, a UK-based equipment supplier, secured an exclusive deal with Italian manufacturer Waterjet to introduce its cutting technology to the baking industry in the UK. Waterjet technology utilizes high-pressure, filtered water to accurately and precisely portion pastry and confectionery products. Unlike other cutting solutions, waterjet can cut sheets of products with curves and points, allowing for greater product innovation and creativity. The Chefjet range of waterjet cutting systems can be used for various products, including cakes, pastries, fillings, creams, chocolates, toppings, and decorations. The machines were showcased at the Foodex exhibition in Birmingham in April 2023.