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Global Waterjet Cutting Machinery market revenue will reach US $939 million by 2022

Author: QYResearch  |   Published Date: 2018-04-24   |   Views: 193

Publisher: QYResearch

Published Date: 2018-04-24


The global revenue market of waterjet cutting machines was $ 720 million dollars in 2016. It is estimated to reach $ 760 million dollars by 2017 and $ 939 million dollars by 2022, with the CAGR of 4.52% in terms of revenue over the period 2017-2022. North America `s revenue accounted for the highest market share (30.57% %) in 2016, followed by Europe.

The global waterjet cutting machines industry markets mainly concentrate in Europe, North America, Japan and China. And the market is supplied by a combination of large multinational firms and smaller local companies. The leading global firms include Flow International, Omax, Bystronic Group, Sugino Machine, ESAB Cutting Systems and others. These companies tend to compete against each other globally to supply most of the largest waterjet cutting machines markets. In many markets, these leading global firms also face competition from local players.

The global market of waterjet cutting machines has mainly been driven by its downstream industry, the strong growth of the automotive, stone & tiles, job shop, aerospace & defense and other industrial field in the last decade. Economic investment and national policies are also the main growth catalysts for the market.

The Global Waterjet Cutting Machinery Market Research Report 2017 report released by QYResearch provides a basic overview of the Waterjet Cutting Machinery industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Waterjet Cutting Machinery industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

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