Enhanced R&D Innovations are Expected to Reduce Costs in the Global Waterjet Machine Market from 2014-2019

Reportstack has announced a new market research report on the Global Waterjet Machine Market, which is expected to grow at a CAGR of 9.21 percent from 2014-2019.

About the Report
The report highlights the growing need for cost reduction in the market. Continuous R&D innovations by waterjet machine vendors have resulted in advanced waterjet machines that are capable of working with a variety of materials, which has expanded the customer base well beyond the traditional end-users.
“Several organizations are increasingly focusing on adopting waterjet machines so as to increase cost savings,”. Furthermore, the report emphasizes the need for machining micro-sized products, as more and more manufacturers move towards the miniaturization of products. The increased R&D by end-users has resulted in the manufacturing of smaller products that are light, efficient and have better physical properties.
“The field of nanotechnology is growing, which is resulting in the manufacturing of even smaller parts in production processes. This has created a demand for continuous R&D innovations in waterjet technology for facilitating the cutting of micro-sized products by waterjet machines efficiently at lower costs,”.

Key Information Covered in the Report:
Market segmentation, size and forecast through 2019

Market Growth Drivers:

Need for Cost Reduction
For a full detailed list, view our report.

Market Challenges:

Postponement of Investment Decisions
For a full detailed list, view our report.

Market Trends:

Need for Machining Micro-sized Products
For a full detailed list, view our report.

Key Vendors:

Dardi International Corp.
Flow International Corp.
OMAX Corp.

Other Prominent Vendors:

Anjani Technoplast
ESAB Welding & Cutting

To access full report with TOC, please visit Global Waterjet Machine Market 2015-2019.