Laser Cleaning Market Overview and Growth 2023


According to the MarketsandMarketsTM report, "Laser Cleaning Market by Type (Solid and Gas), Conservation & Restoration (Art and Heritage Restoration, Infrastructure), Cleaning Process (Automotive, Aerospace), and Industrial Usage (Nuclear Plant, Refineries), and Geography - Global Forecast to 2023," market revenue is projected to increase from USD 588.8 million in 2018 to USD 723.9 million by 2023, at a CAGR of 4.22% between those two years. The market is expanding due to the preference for laser cleaning over traditional methods and the rising need for it in a variety of settings, including industrial use, cleaning procedures, conservation and restoration, and conservation. In comparison to conventional cleaning techniques, laser cleaning offers numerous benefits, including chemical, thermochemical, thermal, grinding, and blasting. It can even enhance the entire production process.

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The whole laser cleaning market was dominated by applications for cleaning processes.

According to application, the laser cleaning market has been divided into three categories: industrial, conservation & restoration, and cleaning process. Due to the significant need for cleaning automotive parts, the market for cleaning processes had the biggest market size. Additionally, lasers are used to remove paint and coatings like oxide layers from metal before welding. The total expansion of the laser cleaning market will also be partly attributed to the expanding commercial aerospace industry.

The fibre laser cleaning market is anticipated to experience the greatest CAGR growth over the forecast period.

Due to characteristics like high cleaning precision, superior position cleaning precision, selective washing, safe operating environment, and low maintenance cost, the market for fibre lasers is anticipated to experience considerable expansion throughout the forecast period. The fibre laser industry has expanded overall as a result of the expanding application fields in art and heritage sites, automotive and aerospace parts, and surface cleaning.

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APAC is anticipated to have the market's fastest growth rate for laser cleaning.

According to geography, the laser cleaning market has been divided into North America, Europe, APAC, and RoW. In 2018, North America held the greatest market share for laser cleaning, followed by Europe and Asia Pacific (APAC). The rising use of laser cleaning in the automotive parts and aircraft maintenance industries can be credited with the expansion of this market in Asia Pacific. The booming infrastructure industry in the region is another factor fueling the expansion of the laser cleaning market in APAC. APAC, which includes nations like China, Japan, India, and South Korea, is anticipated to hold a sizable portion of the laser cleaning market in 2018. This market growth can be ascribed to the rising demand for lasers in industrial applications (power plants, nuclear plants, and refineries) as well as the cleaning of cultural monuments and heritage buildings in APAC.

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) are significant market participants in the laser cleaning industry.

News Covered:

https://www.prnewswire.com/in/news-releases/laser-cleaning-market-worth-7239-million-usd-by-2023-680557901.html 

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