Market Forecast by Countries (United States, Canada), By Offerings (Hardware, Software, Services), By Waterjet (Abrasive, Non-abrasive), By Product Type (3D, Micro, Robotic), By Industry (Electronics, Automotive, Food, Aerospace, Metal Fabrication, Construction, Others) And Competitive Landscape
Product Code: ETC076001 | Publication Date: Oct 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Report Name | North America Waterjet Cutting Machine |
Forecast Period | 2025-2031 |
Market Size | $1.2 billion by 2031 |
CAGR | 6.8% |
Growing Sector | metal fabrication |
The North America Waterjet Cutting Machine Market report thoroughly covers the market by Countries, By Offerings, By Waterjet, By Product Type, and By Industry. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North America waterjet cutting machine market is experiencing significant growth, with its size expected to surpass $1.2 billion by 2025. This growth is driven by increasing demand for precision cutting solutions across various industries such as automotive, aerospace, and defense. The market is projected to grow at a compound annual growth rate (CAGR) of 6.8% from 2025 to 2031, reflecting robust expansion due to technological advancements and the rising adoption of waterjet cutting systems. Key factors influencing the market include the versatility of waterjet cutting for various materials, including metals, glass, and composites, as well as its ability to deliver high-quality finishes without heat-affected zones.
The North America Waterjet Cutting Machine Market is growing steadily, driven by a rising demand for precision cutting technologies and the influence of advanced manufacturing sectors. This diverse market includes products such as 3D, Micro, and Robotic waterjet cutting machines, which blend innovation with efficiency.This versatile market includes segments such as abrasive and non-abrasive waterjets, 3D, micro and robotic cutting machines catering to multiple industries like electronics, automotive, food, aerospace, metal fabrication, construction among others. As the North American economy continues to progress, the waterjet cutting machine industry plays a crucial role in both local and global markets, providing businesses with innovative and productive cutting solutions.
According to 6Wresearch, the North America Waterjet Cutting Machine Market revenue is projected to grow at a significant CAGR of 6.8% during the forecast period 2025-2031. The Waterjet Cutting Machine market in North America is expanding due to increasing demand across various applications, driven by the need for efficient, high-quality cutting solutions. Advances in cutting technology and the rising preference for time-effective and cost-efficient methods are fueling this growth. As different sectors seek versatile, high-quality cutting solutions, the market is witnessing a steady increase in demand for various types of waterjet cutting machines. This trend underscores the critical role of ongoing innovation to meet the evolving needs of diverse sectors, further boosting North America's Waterjet Cutting Machine Market growth.
Despite the positive outlook, the market faces challenges such as high cost of premium cutting systems and a lack of awareness about the latest technological developments. However, with the growing need for efficient and secure manufacturing, and government initiatives promoting the adaptation of automation, there are ample growth opportunities for players in this market.
The waterjet cutting machine market in North America is experiencing notable growth, driven by automation, evolving business needs, and increasing demands in Electronics, Automotive, Food, Aerospace, Metal Fabrication, and Construction sectors. Companies are demanding high-definition cutting solutions that balance efficiency with sustainability, especially in advancing industrial hubs. This includes a preference for solutions that enable precise cutting and profiling, reflecting a growing interest in scalability and quality over traditional cutting methods.
Investment Opportunities in the North America Waterjet Cutting Machine Market
The rise of 3D and robotic waterjet cutting machines present significant growth opportunities. These cutting methods enhance user experience with precise profiling, high-resolution cutting, and fast operational speeds, catering to the growing tech-inclined enterprise base.
North America's evolving tech industry is witnessing increased interest in localized solutions. Investing in regional waterjet cutting machine service providers that cater to specific industry needs can resonate with corporate and government sectors.
In the North America waterjet cutting machine market, leading players include both international and local companies that cater to diverse business needs. International companies like Flow International Corporation, Omax Corporation, and KMT Waterjet Systems dominate the high-volume cutting segment, offering cost-effective and high-quality solutions. Meanwhile, local players such as Hypertherm, and Jet Edge are gaining traction by incorporating advanced cutting technologies and sustainable practices into their operations. These companies appeal to businesses seeking reliability, customization, and environmentally responsible cutting solutions.
The North American government has introduced several regulations aimed at promoting sustainability and environmental responsibility within the waterjet cutting machine market. These include guidelines for reducing carbon footprints, encouraging businesses to adopt eco-friendly cutting practices. There are also regulations focused on waste management, ensuring proper disposal and recycling of cutting materials. By complying with these regulations, businesses can not only meet their social responsibility but also benefit from energy-efficient and cost-effective operations.
The future of North America’s waterjet cutting machine industry appears promising, with sustained growth driven by digital advancements, sustainability initiatives, and a shift towards customized cutting solutions. Businesses are becoming more focused on quality, efficiency, and eco-friendly cutting options, creating opportunities for companies that align with these values. E-commerce will play a significant role in shaping the market, with online cutting services expected to expand. Additionally, on-demand cutting is gaining popularity, as businesses increasingly seek flexible and cost-effective solutions.
The report offers a comprehensive study of the subsequent market segments and their leading categories
According to Ravi Bhandari, Research Head, 6Wresearch, Abrasive Waterjet is projected to dominate due to its versatile cutting capacity. However, Non-abrasive waterjets are also gaining traction due to demand for cost-effectiveness and flexibility.
In North America’s waterjet cutting machine market, Electronics dominate. This is due to high demand for precise cutting in multinational companies and local businesses, supported by advancements in cutting technologies.
The United States is currently dominating the North America waterjet cutting machine market, accounting for the majority of the region's revenue. This can be attributed to the country's strong industrial base and high demand for advanced cutting solutions in various sectors such as electronics, automotive, and aerospace. However, Canada is also expected to witness significant growth due to increasing government initiatives promoting sustainable manufacturing practices and a growing focus on automation in industries.
In terms of offerings, hardware currently dominates the North America waterjet cutting machine market, accounting for the majority of revenue. This can be attributed to the high demand for cutting machines in various industries and their essential role in production processes. However, software and services are also expected to witness significant growth due to advancements in technology and increasing demand for customized cutting solutions that require specialized software and maintenance services.
In terms of product type, the robotic waterjet cutting machines are expected to witness the most growth in the North America market. This can be attributed to the increasing demand for automation and advanced technologies in industries such as automotive, aerospace, and electronics. 3D and micro waterjet cutting machines are also expected to see steady growth due to their precision cutting capabilities and suitability for small-scale production processes.
The market report has been segmented and sub segmented into the following categories:
• United States
• Canada
• Hardware
• Software
• Services
• Abrasive
• Non-abrasive
• 3D
• Micro
• Robotic
• Electronics
• Automotive
• Food
• Aerospace
• Metal Fabrication
• Construction
• Others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Waterjet Cutting Machine Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Waterjet Cutting Machine Market Revenues & Volume, 2021 & 2031 |
3.3 North America Waterjet Cutting Machine Market - Industry Life Cycle |
3.4 North America Waterjet Cutting Machine Market - Porter's Five Forces |
3.5 North America Waterjet Cutting Machine Market Revenues & Volume Share, By Countries, 2021 & 2031 |
3.6 North America Waterjet Cutting Machine Market Revenues & Volume Share, By Offerings, 2021 & 2031 |
3.7 North America Waterjet Cutting Machine Market Revenues & Volume Share, By Waterjet, 2021 & 2031 |
3.8 North America Waterjet Cutting Machine Market Revenues & Volume Share, By Product Type, 2021 & 2031 |
3.9 North America Waterjet Cutting Machine Market Revenues & Volume Share, By Industry, 2021 & 2031 |
4 North America Waterjet Cutting Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Waterjet Cutting Machine Market Trends |
6 North America Waterjet Cutting Machine Market, 2018 - 2028 |
6.1 North America Waterjet Cutting Machine Market, Revenues & Volume, By Offerings, 2018 - 2028 |
6.2 North America Waterjet Cutting Machine Market, Revenues & Volume, By Waterjet, 2018 - 2028 |
6.3 North America Waterjet Cutting Machine Market, Revenues & Volume, By Product Type, 2018 - 2028 |
6.4 North America Waterjet Cutting Machine Market, Revenues & Volume, By Industry, 2018 - 2028 |
7 United States Waterjet Cutting Machine Market, 2018 - 2028 |
7.1 United States Waterjet Cutting Machine Market, Revenues & Volume, By Offerings, 2018 - 2028 |
7.2 United States Waterjet Cutting Machine Market, Revenues & Volume, By Waterjet, 2018 - 2028 |
7.3 United States Waterjet Cutting Machine Market, Revenues & Volume, By Product Type, 2018 - 2028 |
7.4 United States Waterjet Cutting Machine Market, Revenues & Volume, By Industry, 2018 - 2028 |
8 Canada Waterjet Cutting Machine Market, 2018 - 2028 |
8.1 Canada Waterjet Cutting Machine Market, Revenues & Volume, By Offerings, 2018 - 2028 |
8.2 Canada Waterjet Cutting Machine Market, Revenues & Volume, By Waterjet, 2018 - 2028 |
8.3 Canada Waterjet Cutting Machine Market, Revenues & Volume, By Product Type, 2018 - 2028 |
8.4 Canada Waterjet Cutting Machine Market, Revenues & Volume, By Industry, 2018 - 2028 |
9 North America Waterjet Cutting Machine Market Key Performance Indicators |
10 North America Waterjet Cutting Machine Market - Opportunity Assessment |
10.1 North America Waterjet Cutting Machine Market Opportunity Assessment, By Countries, 2021 & 2031 |
10.2 North America Waterjet Cutting Machine Market Opportunity Assessment, By Offerings, 2021 & 2031 |
10.3 North America Waterjet Cutting Machine Market Opportunity Assessment, By Waterjet, 2021 & 2031 |
10.4 North America Waterjet Cutting Machine Market Opportunity Assessment, By Product Type, 2021 & 2031 |
10.5 North America Waterjet Cutting Machine Market Opportunity Assessment, By Industry, 2021 & 2031 |
11 North America Waterjet Cutting Machine Market - Competitive Landscape |
11.1 North America Waterjet Cutting Machine Market Revenue Share, By Companies, 2024 |
11.2 North America Waterjet Cutting Machine Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |