Waterjet Cutting Machine Market Segmentation:
Waterjet Segment Analysis
The abrasive segment is estimated to hold around 60% share of the global waterjet cutting machine market by 2035. The segment growth can be attributed to need for high accuracy while cutting the materials. In comparison to other types of waterjet and other technologies, such as plasma cutting and others, abrasive waterjet cutting machines offer a high level of precision, enabling the carving of complete and intricate designs.
End User Segment Analysis
The automotive segment is expected to garner a significant share of around 38% by 2035. Modern automobiles are built using a wide range of advanced materials, such as advanced plastic, metals, glass, and composites. Waterjet cutting machine is highly suitable for the automotive industry as it provides high precision with all these materials. The typical automobile contains 30,000 parts, nearly one-third of which are made of plastic, that includes, handles, dashboards, panels, seating, cable insulation, and others.
Our in-depth analysis of the global market includes the following segments:
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