According to the Global Waterjet Machine Market 2015-2019 research report, enhanced R&D innovations are expected to reduce costs in the worldwide waterjet machine market, with customers other than traditional end users generating demand.
This latest report highlighted the growing need for cost reduction in the waterjet machining market. Continuous R&D innovations by waterjet machine vendors have resulted in advanced machines that are capable of working with a variety of materials, which has expanded the customer base well beyond traditional end users. Furthermore, the report emphasized the need for machining microscale products, as more manufacturers move towards micro products.
The field of nanotechnology is growing, resulting in the manufacturing of even smaller parts in production processes, creating a demand for continuous R&D innovations in waterjet technology for facilitating the cutting of microscale products by waterjet machines efficiently at lower costs. This report considers revenue generated only from the sale of waterjet machines and does not include revenue generated through maintenance services or the sales of spares.
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