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
[93 Pages Report] The Laser Cleaning Market was valued at USD 551.1 Million in 2017 and is expected to reach USD 723.9 Million by 2023, at a CAGR of 4.22% during the forecast period. The base year considered for the study is 2017 and the forecast period is between 2018 and 2023.
Objectives of the Study:
- To define, describe, and forecast the global Laser cleaning market segmented on the basis of laser type, application, and geography
- To forecast the size in terms of value and volume of the market segments with respect to four major regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding the major factors influencing the growth of the laser cleaning market (drivers, restraints, opportunities, and challenges)
- To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and contribution to the total market
- To analyze opportunities in the market for various stakeholders by identifying high-growth segments of the Laser cleaning market
- To analyze various strategies such as joint ventures, mergers and acquisitions, product launches, and research and development (R&D) in the Laser cleaning market
Research Methodology:
This research study incorporates the use of secondary sources, directories, and databases such as Hoovers, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for the extensive technical, market-oriented, and commercial study of the Laser cleaning market. Primary sources mainly comprise several experts from core and related industries, along with preferred suppliers, manufacturers, distributors, service providers, technology developers, alliances, standards, and certification organizations such as NEI, UNESCO, OECD, OICA, AIA, IAEA, White Papers, IEEE Journalsrelated to various parts of this industry’s value chain. In-depth interviews of various primary respondents, including key industry participants, subject matter experts (SMEs), C-level executives of key companies, and consultants, have been conducted to obtain and verify critical qualitative and quantitative information as well as assess future prospects. The breakdown of the profiles of primaries has been depicted in the figure below:
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This report provides valuable insights into the ecosystem of the laser cleaning market. Major players profiled in this report are 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).
Key Target Audience:
- Original equipment manufacturers (OEMs) (application or electronic product manufacturers)
- ODM and OEM technology solution providers
- Small and large technology centers
- Laser cleaning equipment companies
- Research institutes or organizations
- Market research and consulting firms
- Research institutes and organizations
- Government bodies, venture capitalists, and private equity firms
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The research report segments the laser cleaning market into the following submarkets:
Laser Cleaning Market, by Laser Type
- Gas laser
- Solid laser
Laser Cleaning Market, by Application
- Conservation and Restoration
- Cleaning Process
- Industrial Usage
Laser Cleaning Market, by Region
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to companies’ specific needs. The following customization options are available for the report.
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- Company Information
- Detailed analysis and profiling of additional market players (up to five)
Please click here to get the relevant report of Laser Technology Market by Type (Solid, Liquid, & Gas), Application (Optical communication & laser processing), Vertical (Commercial, Telecom, Research, Defense, Medical, Automotive, Electronics, & Industrial), & Geography - Global Forecast to 2022
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The overall laser cleaning market is projected to exhibit lucrative growth potential during the forecast period. The market growth is propelled by the preference toward laser cleaning over traditional approach and the increasing demand for laser cleaning in various applications. The laser cleaning market was valued at USD 588.8 Million in 2018 and is expected to reach USD 723.9 Million by 2023, at a CAGR of 4.22% during the forecast period.
The report covers the laser cleaning market on the basis of laser type, applications, and geography. Among applications, cleaning process accounted for the largest market in 2017. In the automotive industry, laser is used in tire mold cleaning and brake line decoating systems. The growth of laser cleaning systems can be attributed to factors such as increasing use of high-energy pulsed 49 lasers for the ablation of organic materials and surface activation tasks. The laser cleaning market by cleaning process for aerospace and aircraft is expected to grow at a higher CAGR during the forecast period. The growth is because of the global commercial aerospace subsector, which is likely to experience strong revenue and operating earnings growth in the near future. This will be a result of continued record production levels driven by strong demand for next-generation aircraft and growing passenger traffic. The growth is expected to mainly impact Asia Pacific and the Middle East. On the other hand, the commercial passenger and cargo aircraft and the annual number of passengers are expected to witness an expedited growth during the forecast period, which will be further responsible for the increased use of laser for cleaning due to growing air traffic.
Among laser type, solid lasers are expected to lead the overall laser cleaning market because of the higher CAGR during the forecast period. The solid laser segment includes YAG and fiber lasers. The market is dominated by the YAG laser segment as YAG lasers (Nd:YAG, flash-pumped Q-switched Nd:YAG, arc-lamp pumped Q-switched Nd: YAG, and diode-pumped Q-switched Nd:YAG) are extensively used for cleaning and for other material processing applications. In the precision mechanical industry, YAG lasers play a crucial role to clean parts that have grease and mineral oils applied as lubricants or as anti-corrosives. The laser cleaning method reduces the residual contamination to practically zero level.
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. 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 of the laser cleaning market in APAC is also driven by the rising infrastructure market in the region.
The high cost and lack of technical expertise are restraining the growth of the laser cleaning market. In 2016, Key players such as 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) led the laser cleaning market.
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Table of Contents
1 Introduction (Page No. - 11)
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for This Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 14)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Industry Insights
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions
3 Executive Summary (Page No. - 23)
4 Premium Insights (Page No. - 26)
4.1 Laser Cleaning Market Expected to Witness A Huge Growth in APAC
4.2 Market, By Laser Type (2018–2023)
4.3 Market, By Application
4.4 Market, By Country (2018)
5 Market Overview (Page No. - 29)
5.1 Introduction
5.2 Value Chain Analysis
5.3 Laser Standards and Classifications
5.4 Comparative Analysis: Dry Ice Blasting and Sand Blasting
5.5 Market Dynamics
5.5.1 Drivers
5.5.1.1 Laser Cleaning is Being Preferred Over Traditional Approach
5.5.1.2 Increasing Use of Laser Cleaning Systems in Art Restoration and Conservation
5.5.1.3 Growing Automotive Industry to Boost the Growth of the Laser Cleaning Market
5.5.2 Restraints
5.5.2.1 High Cost and Lack of Technical Expertise
5.5.3 Opportunities
5.5.3.1 Increasing Demand for Laser Cleaning Across Various Applications
5.5.4 Challenges
5.5.4.1 Technical Complexities in High-Powered Lasers
6 Laser Cleaning Market, By Laser Type (Page No. - 36)
6.1 Introduction
6.2 Gas Lasers
6.2.1 Co2 Laser
6.2.2 Excimer Lasers
6.3 Solid Laser
6.3.1 Yttrium Aluminum Garnet (YAG) Laser
6.3.2 Fiber Laser
7 Laser Cleaning Market, By Application (Page No. - 43)
7.1 Introduction
7.2 Conservation and Restoration
7.2.1 Art and Heritage Restoration
7.2.1.1 Antique Collections
7.2.1.2 Art Galleries and Museums
7.2.2 Infrastructure
7.2.2.1 Heritage Buildings
7.2.2.2 Non-Heritage Properties
7.3 Cleaning Process
7.3.1 Automotive Parts
7.3.2 Aerospace and Aircraft
7.4 Industrial Usage
7.4.1 Nuclear Plant
7.4.2 Refineries
7.4.3 Power Plant Parts
8 Geographic Analysis (Page No. - 53)
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 UK
8.3.2 Germany
8.3.3 France
8.3.4 Italy
8.3.5 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Rest of APAC
8.5 Rest of the World
9 Competitive Landscape (Page No. - 67)
9.1 Overview
9.2 Ranking Analysis of Key Players in the Laser Cleaning Market
9.3 Competitive Situations and Trends
9.3.1 Product Launch
9.3.2 Acquisitions
9.3.3 Product Development
10 Company Profile (Page No. - 72)
(Business Overview, Products Offered, and Recent Developments)*
10.1 Coherent
10.2 Trumpf
10.3 IPG Photonics
10.4 Clean Lasersysteme
10.5 Advanced Laser Technology (ALT)
10.6 General Lasertronics
10.7 Laserax
10.8 White Lion Dry Ice & Laser Cleaning Technology
10.9 Anilox Roll Cleaning Systems
10.10 Laser Photonics
*Details on Business Overview, Products Offered, and Recent Developments Might Not Be Captured in Case of Unlisted Companies.
11 Appendix (Page No. - 85)
11.1 Insights of Industry Experts
11.2 Discussion Guide
11.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
11.4 Introducing RT: Real-Time Market Intelligence
11.5 Available Customizations
11.6 Related Report
11.7 Author Details
List of Tables (41 Tables)
Table 1 Classification Criteria of Different Laser Standards
Table 2 Difference Between Dry Ice Blasting and Sand Blasing
Table 3 Laser Cleaning Market, By Type, 2015–2023 (USD Million)
Table 4 Market for Gas Laser, By Cleaning Application, 2015–2023 (USD Million)
Table 5 Market for Solid Laser, By Type, 2015–2023 (USD Million)
Table 6 Market for YAG Laser, By Application, 2015–2023 (USD Million)
Table 7 Market for Fiber Laser, By Application, 2015–2023 (USD Million)
Table 8 Market, By Application, 2015–2023 (USD Million)
Table 9 Market, By Conservation and Restoration, 2015–2023 (USD Million)
Table 10 Market for Art and Heritage Restoration, By Type, 2015–2023 (USD Million)
Table 11 Market for Art and Heritage Restoration, By Region, 2015–2023 (USD Million)
Table 12 Market for Infrastructure, By Type, 2015–2023 (USD Million)
Table 13 Market for Infrastructure, By Region, 2015–2023 (USD Million)
Table 14 Market for Cleaning Process, By Type, 2015–2023 (USD Million)
Table 15 Market for Automotive Parts, By Region, 2015–2023 (USD Million)
Table 16 Market for Aerospace and Aircraft, By Region, 2015–2023 (USD Million)
Table 17 Market, By Industrial Usage, 2015–2023 (USD Million)
Table 18 Market for Nuclear Plants, By Region, 2015–2023 (USD Million)
Table 19 Market for Refineries, By Region, 2015–2023 (USD Million)
Table 20 Market for Power Plant Parts, By Region, 2015–2023 (USD Million)
Table 21 Market, By Region, 2015–2023 (USD Million)
Table 22 Market in North America, By Country, 2015–2023 (USD Million)
Table 23 Market in North America, By Cleaning Process, 2015–2023 (USD Million)
Table 24 Market in North America, By Conservation and Restoration, 2015–2023 (USD Million)
Table 25 Market in North America, By Industrial Usage, 2015–2023 (USD Million)
Table 26 Market in Europe, By Country, 2015–2023 (USD Million)
Table 27 Market in Europe, By Cleaning Process, 2015–2023 (USD Million)
Table 28 Market in Europe, By Conservation and Restoration, 2015–2023 (USD Million)
Table 29 Market in Europe, By Industrial Usage, 2015–2023 (USD Million)
Table 30 Market in APAC, By Country, 2015–2023 (USD Million)
Table 31 Market in APAC, By Cleaning Process, 2015–2023 (USD Million)
Table 32 Market in APAC, By Conservation and Restoration, 2015–2023 (USD Million)
Table 33 Market in APAC, By Industrial Usage, 2015–2023 (USD Million)
Table 34 Market in RoW, By Region, 2015–2023 (USD Million)
Table 35 Market in RoW, By Cleaning Process, 2015–2023 (USD Million)
Table 36 Market in RoW, By Conservation and Restoration, 2015–2023 (USD Million)
Table 37 Market in RoW, By Industrial Usage, 2015–2023 (USD Million)
Table 38 Market: Ranking Analysis of Key Companies (2017)
Table 39 Product Launches (2015–2017)
Table 40 Acquisitions (2016 & 2017)
Table 41 Product Development (2015 & 2016)
List of Figures (26 Figures)
Figure 1 Laser Cleaning Market
Figure 2 Market: Process Flow of Market Size Estimation
Figure 3 Market: Research Design
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Data Triangulation
Figure 7 YAG Lasers to Lead the Solid Market During the Forecast Period
Figure 8 Cleaning Process Expected to Hold the Largest Share of the Laser Cleaning Market in 2018
Figure 9 North America to Hold the Largest Share of the Laser Cleaning Market in 2018
Figure 10 Market Expected to Witness Attractive Growth Opportunities Owing to the Increasing Demand From Automotive and Aerospace Industries
Figure 11 Market for Solid Laser Expected to Grow at the Highest CAGR During the Forecast Period
Figure 12 Market for Conservation & Restoration to Grow at the Highest CAGR During the Forecast Period
Figure 13 US Expected to Hold the Largest Share of the Laser Cleaning Market in 2018
Figure 14 Value Chain Analysis: Major Value Addition is Done During the Development Phase
Figure 15 Adoption of Laser Cleaning Over Traditional Approach and Increasing Demand Across Various Applications Fuel the Growth of the Market
Figure 16 Solid Lasers Expected to Lead the Market During the Forecast Period
Figure 17 Solid Laser Segmentation
Figure 18 Art and Heritage Expected to Lead the Overall Market During the Forecast Period.
Figure 19 Geographic Snapshot of the Market (2018–2023)
Figure 20 Snapshot of the Market in North America
Figure 21 Snapshot of the Market in APAC
Figure 22 Market Evolution Framework—Product Launch Emerged as the Major Strategy
Figure 23 Battle for Market Share: Product Launch Was the Key Growth Strategy in 2016
Figure 24 Coherent: Company Snapshot
Figure 25 Trumpf: Company Snapshot
Figure 26 IPG Photonics: Company Snapshot
Growth opportunities and latent adjacency in Laser Cleaning Market