Waterjet Cutting Machinery Market is Anticipated To Experience Extraordinary Growth During Forecast Period 2020 - 2030
Transparency Market Research (TMR) predicts that the global waterjet cutting machinery market would expand at a CAGR of 7.1% over the period 2019 and 2027. Furthermore, the total value of the market is projected to touch 1,718.5 Mn by the end of 2027. Basic industrial functions have also come under the ambit of the functional waterjet cutting machinery The key strengths of waterjet cutting technology are versatility and environmental friendliness. Water which is abundantly available is the key raw material of waterjet technology and hence no other raw material cost is involved. In terms of environmental friendliness, the technology is a cold cutting process and environment friendly unlike laser cutting or plasma cutting. The versatility of cutting any soft or hard material is the key strength of waterjet cutting machines. The technology of this machine includes the cold cutting process and environmental...