DUBLIN--(BUSINESS WIRE)--The "Laser Cleaning Market by Type, Conservation & Restoration, Cleaning Process, and Industrial Usage, and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The laser cleaning market is estimated to be valued at USD 588.8 million in 2018 and is expected to be worth USD 723.9 million by 2023, growing at a CAGR 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.
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.
North America 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. 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).
Key players profiled in this report are IPG Photonics (US), Coherent (US), Trumpf (Germany), and Adapt Laser Systems (US).
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Laser Cleaning Market, by Laser Type
7 Laser Cleaning Market, by Application
8 Geographic Analysis
9 Competitive Landscape
10 Company Profile
- Advanced Laser Technology (ALT)
- Anilox Roll Cleaning Systems
- Clean Lasersysteme
- General Lasertronics
- IPG Photonics
- Laser Photonics
- White Lion Dry Ice & Laser Cleaning Technology
For more information about this report visit https://www.researchandmarkets.com/research/vl96bp/global_laser?w=4