The
Waterjet Cutting Machine Market size was valued at USD 1.25 Billion in 2023 and the total Waterjet Cutting Machine revenue is expected to grow at a CAGR of 6.72 % from 2024 to 2030, reaching nearly USD 1.97 Billion by 2030.
The market for waterjet cutting machines is competitive, with well-known market leaders like OMAX Corporation, Flow International, and Jet Edge. By merging with Hypertherm, a well-known leader in the industry, OMAX Corporation improved its position in the market by blending its cutting-edge direct-drive pumps and software with Hypertherm's intensifier-based systems. With recent developments in high-precision automation technologies, Flow International has maintained its position as a major player and strengthened its position in the market. Known for its high-performance systems, Jet Edge has unveiled cutting-edge solutions for challenging cutting applications lately. OMAX and Flow International are the leaders in this regard thanks to their substantial R&D expenditures, wide range of products, and international distribution systems. Jet Edge is a well-known competitor that has made significant technological strides. Followers, like Waterjet Corporation, are gaining traction by emphasizing strategic alliances and product improvements. Targeting niche markets with emerging technologies and affordable solutions, new entrants are gaining ground. Owing to its potential for growth and technological advancements, the waterjet cutting machine market offers investment opportunities. Due diligence is necessary, though, because of the competitive landscape and the speed at which technology is developing. To determine potential returns and market positioning, investors should consider these factors.
Flow International Corporation
Flow International Corporation, a global leader in ultrahigh-pressure waterjet technology, has recently marked its 50th anniversary with notable innovations in its product lineup. The company's latest releases, the Mach 200c and EchoJet exemplify Flow’s dedication to advancing waterjet cutting solutions. The Mach 200c offers enhanced operator access and precision with its Pivot+ technology, catering to diverse cutting needs at an affordable price. Meanwhile, the EchoJet features a compact, enclosed design that minimizes noise and spray, ideal for smaller shop environments. These advancements reflect Flow’s strategy of leveraging customer insights to drive product innovation and address evolving market demands, reinforcing its position in the competitive waterjet cutting machine market.
Jet Edge
Jet Edge is a prominent manufacturer of ultra-high-pressure waterjet technology, renowned for its ability to tackle complex cutting challenges across diverse industries, including aerospace, automotive, and industrial manufacturing. The company's flagship products include the Edge X-5, a versatile 5-axis waterjet system designed for precise bevel cutting and high-volume applications. Jet Edge distinguishes itself with a focus on custom-engineered solutions, offering both the pump and motion systems to ensure seamless integration and optimal performance. The company's commitment to durability and low total cost of ownership, combined with its willingness to provide tailored solutions, positions Jet Edge as a key player in the waterjet cutting market.
OMAX Corporation
OMAX Corporation, a leading manufacturer of precision abrasive waterjet systems, excels in providing advanced JetMachining systems that cater to a diverse range of applications, including general machine shops, architectural firms, OEMs, and prototyping needs. As a fully integrated waterjet company, OMAX designs and manufactures its pumps, high-pressure plumbing, controllers, software, and tables, ensuring unmatched system performance and reliability. This comprehensive approach, supported by substantial investment in R&D, allows OMAX to continuously advance its product offerings. OMAX became a wholly-owned subsidiary of Hypertherm, a global leader in industrial cutting systems. This strategic merger combines OMAX’s direct-drive pump technology and software with Hypertherm’s expertise in intensifier-based pumps and abrasive recycling systems. The integration enhances OMAX’s ability to deliver cutting-edge solutions while maintaining its strong culture and operational stability. Under Hypertherm’s ownership, OMAX continues to operate with its established management structure and distribution channels, offering robust support and service to its customers.
Recent Development
• In May 2023, Flow International Corporation, a global leader in ultrahigh-pressure waterjet cutting systems, introduced its newest innovation: the Mach 200c waterjet system. This advanced 5-axis cutting system offers unparalleled speed and precision at a competitive price. Attendees at the tradeshow had the opportunity to see its cutting-edge capabilities in action through live demonstrations.
• In July 2024, WECJet announced a major upgrade with the acquisition of the Mach 500 waterjet cutting machine. This new 4m x 3m machine, commissioned following a EUR 350,000 investment, boasts cutting-edge 90,000 psi Dynamic head technology, earning it the title of the fastest waterjet globally. With its extended bed and increased open space, the Mach 500 enhances WECJet's capabilities, enabling it to cut materials up to 300mm thick and 3m wide, allowing for the production of larger parts and broadening the range of materials processed.
• In November 2023, TriMech, a leading technology and business solutions provider for engineers and manufacturers, announced the addition of WAZER, the world's only desktop CNC waterjet cutter, to its product lineup. This move significantly expands TriMech's offerings, which already include advanced design and manufacturing software, hardware, and services. WAZER brings waterjet cutting technology, previously available only in large industrial settings, to the desktop. It supports diverse applications such as rapid prototyping, tooling, repairs, and low-volume production, and can cut a wide range of materials, including steel, aluminum, carbon fiber, tile, glass, and plastics.