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Technavio’s market research analysts have identified the growing advances in waterjet robot hardware as one of the primary waterjets robots market drivers in the coming years. With the growing technological advancements, the key vendors are focusing on enhancing their waterjet robots to increase their offerings. The robots will solicit the potential for autonomous behavior with the integration of more technologically advanced and intelligence capabilities. Moreover, to simplify the data processing, major vendors are planning on enhancing computing and communication capabilities. The rising innovations in waterjet robot hardware will increase the effectiveness of the multi-dimensional cutting and integration with smart factory solutions. The cost of the sensors is continuously reducing, owing to the advent of waterjet cutter at relatively lower prices. Our market research analysts estimate that this market will grow steadily at a CAGR close to 7% by 2022.
The increasing pressure on manufacturing companies is one of the key waterjets robots market trends. Manufacturing companies are increasing their capital investments and are focusing on procuring fabricated metal products from the metal fabricators that provide high-quality products. With the help of waterjet robots, the manufacturers are automating their processes to maintain the productivity and profitability in the competitive the waterjet cutting machinery market. Moreover, the manufacturers need to focus on production of diverse products keeping in mind the short life-span of products.
The waterjets robots market is concentrated due to the presence of few established players. This waterjets robots market research report provides information about the competitive environment among the players in this marketspace. Furthermore, this market research report also suggests strategies the vendors should follow to enhance their market shares and sustain the competitive environment of the waterjet cutting machinery market.
The waterjets robots market analysis provides insight into of a number of companies in this marketspace including -
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The automotive sector accounted for the major share of the waterjet cutting machinery market during 2017. Owing to the growing demand for passenger vehicles and commercial vehicles, the major players in the automotive sector will invest significantly in robotic and automation technologies to provide higher efficiency in the production of automobiles.
APAC accounted for the maximum waterjets robots market share during 2017. Our analysts have predicted that APAC will witness steady growth in the next five years. The growth of this region can be attributed to the fact that the developing economies such as South Korea, Taiwan, India, and Australia are increasingly adopting waterjet robots.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY END-USER
PART 10: MARKET SEGMENTATION BY SOLUTIONS
PART 11: GEOGRAPHICAL SEGMENTATION
PART 12: DECISION FRAMEWORK
PART 13: DRIVERS AND CHALLENGES
PART 14: MARKET TRENDS
PART 15: VENDOR LANDSCAPE
PART 16: VENDOR ANALYSIS
PART 17: APPENDIX
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