Title: Laser Cleaning Market Key Players, Industry Size, Share, Growth & Forecast
1MarketsandMarkets Presents
The Laser Cleaning Market is expected to grow
from USD 588.8 Million in 2018 to USD 723.9
Million by 2023, at a CAGR of 4.22 between 2018
and 2023. The preference toward laser cleaning
over traditional approach and the increasing
demand for laser cleaning in various applications
such as conservation and restoration, cleaning
process, and industrial usage are propelling the
market growth. Laser cleaning provides many
advantages such as chemical, thermochemical,
thermal, grinding, and blasting over traditional
methods and can even improve the production
process in general.
2MarketsandMarkets Presents
Key Players Major Players in the Laser
Cleaning Market include Coherent, Inc. (Coherent)
(US), Trumpf Group (Trumpf) (Germany), IPG
Photonics Corporation (IPG Photonics) (US), Adapt
Laser Systems LLC (Adapt Laser) (US), and Clean
Lasersysteme GmbH (Clean Lasersysteme)
(Germany). Download PDF Brochure
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3MarketsandMarkets Presents
Cleaning process application dominated the
overall Laser Cleaning Market The Laser Cleaning
Market, on the basis of Application, has been
segmented into conservation restoration,
cleaning process, and industrial. The market for
cleaning process held the largest market size
because of the high demand for cleaning of
automotive parts. Lasers are also used to remove
oxide layers on aluminum prior to welding, and to
remove coatings such as paint. The growing
commercial aerospace sector will also be largely
responsible for the overall growth of the Laser
Cleaning Market.
4MarketsandMarkets Presents
Laser Cleaning Market for fiber laser expected to
grow at the highest CAGR during the forecast
period The market for fiber lasers is expected
to witness a significant growth during the
forecast period owing to factors such as high
precision cleaning, good precision of position
cleaning, selective washing, and safe environment
to facilitate ease-of-operation, coupled with low
maintenance cost. The increasing application
areas in art and heritage sites, along with
automotive and aerospace parts and surface
cleaning, have led to the overall growth of the
fiber laser market.
5MarketsandMarkets Presents
APAC expected to hold the highest growth rate in
the overall Laser Cleaning Market The Laser
Cleaning Market, on the basis of Region, has been
segmented into North America, Europe, APAC, and
RoW. North America is accounted for the largest
share of the laser cleaning market in 2018,
followed by Europe and Asia Pacific (APAC). The
growth of this market in Asia Pacific can be
attributed to the increased use of laser cleaning
in automotive parts and aerospace maintenance
sector. The growth in the market for laser
cleaning in APAC is also driven by the soaring
infrastructure market in the region.
6MarketsandMarkets Presents
APAC, comprising countries such as China, Japan,
India, and South Korea, is likely to account for
a major share of the laser cleaning market in
2018. This market growth can be attributed to the
increasing demand for lasers in cleaning of
cultural sites and heritage properties, along
with the industrial applications (power plants,
nuclear plants, and refineries) in APAC. Browse
41 market data Tables and 26 Figures spread
through 93 Pages and in-depth TOC on "Laser
Cleaning Market - Global Forecast to 2023" _at_
https//www.marketsandmarkets.com/Market-Reports/l
aser-cleaning-market-134452499.html
7MarketsandMarkets Presents
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