Global Laser Cleaning Market : Industry Size, Share, Analysis, Trend & Future Planning 2023
Bharat Book Bureau Provides the Trending Market Research Report on“Global Laser Cleaning Market, Forecast to 2023” underConsumer Goods category. The report provides information on industry overview, market size, latest developments, industry trends,Major Players, global presence, and their future prospects.
Preference toward laser cleaning over traditional approach to fuel the growth of thelaser cleaning market
The laser cleaning market is estimated to be valued at USD 588.8 million in 2018 and is expected to be worthUSD 723.9 million by 2023, growing at aCAGR of 4.22% between 2018 and 2023. The growth of the laser cleaning market is because of the preference toward laser cleaning over traditional approach and the increasing demand for laser cleaning in various applications. However, high cost and lack of technical expertise are restraining the growth of the laser cleaning market.
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Increasing adoption of YAG for conservation and restoration has propelled the growth of automotive applications in the Laser cleaning market
The laser cleaning market for conservation and restoration is expected to grow at the highest CAGR between 2018 and 2023. YAG lasers are being used predominantly for the cleaning of art and heritage sites, as well as infrastructure. As Nd:YAG laser cleaning systems have proved its potential in terms of cleaning sculptures made of inorganic materials such as marble, limestone, and sandstone without causing damage to the original substrate, it has gained a lot of traction for conservation and restoration. The use of automation is continuously increasing for laser surface preparation of metallic surfaces in the automotive and aerospace applications to support adhesive bonding with exceptional quality, repeatability, and reliability to ensure long-term adhesion performance and excellent electrical connectivity. This has led to the overall growth of laser cleaning systems in automotive and aerospace applications.
APAC and North America are the major markets for the 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). There is an increase in the demand for gas lasers in North America owing to the establishment of the manufacturing sector in the region. Laser cleaning systems are mainly used for the conservation and restoration of antique items and in automotive and aerospace industries and power plants. Some of the key manufacturers in the laser cleaning market in North America are Coherent (US), IPG Photonics Corporation (US), General Lasertronics (US), and LASERAX (Canada).
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).
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