DUBLIN, Apr. 23, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/3ktshk/global_waterjet) has announced the addition of the "Global Waterjet Machine Market 2014-2018" report to their offering.
The analysts forecast the Global Waterjet Machine market to grow at a CAGR of 9.30 percent over the period 2013-2018. One of the key factors contributing to this market growth is the need for machining materials of any kind. The Global Waterjet Machine market has also been witnessing an increasing entry barrier to the market. However, the high cost of waterjet machines could pose a challenge to the growth of this market.
The report, the Global Waterjet Machine Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers Global Waterjet Machine market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Flow International Corp., OMAX Corp., and Dardi International Corp. Other vendors mentioned in the report are, Bystronic Inc., Huffman Corp., Jet Edge Inc., KMT Waterjet Systems Inc., PowerJet Systems Ltd, Resato International BV, and Waterjet Corporation s.r.l.
Over the past few years, the competition among the vendors in the Global Waterjet Machine market has intensified rapidly. This has resulted in price wars, which constitute a major entry barrier for new players. Further, the increased economic activity in Brazil, Russia, India, China, South Africa, and other rapidly growing economies is expected to result in increased investment in the development of new manufacturing processes.
Therefore, several major players in the market are planning to increase their presence in these countries to increase their market shares. Other players are reducing the prices of their products to increase their market shares. The need for considerable technical expertise and significant initial investments are other entry barriers that discourage new players from entering the market.
According to the report, one of the major drivers in this market is the need for machining different types of materials - cutting tools for hard materials such as granite and metals, for soft materials such as foam and paper, and even for food. For instance, plasma, laser cutting machines and EDMs can be used as an effective cutting machine but cannot be used for long hours owing to the considerable amount of heat that they generate.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
06. Market Landscape
07. Market Segmentation by End-users
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- Bystronic Inc.
- Dardi International Corp.
- Flow International Corp.
- Huffman Corp.
- Jet Edge Inc.
- KMT Waterjet Systems Inc.
- OMAX Corp.
- PowerJet Systems Ltd
- Resato International BV
- Waterjet Corporation S.r.l.
For more information visit http://www.researchandmarkets.com/research/3ktshk/global_waterjet
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SOURCE Research and Markets