Global Laser Cladding Market Overview

Global Laser Cladding Market was valued at USD 518.45 million in 2021 and is expected to reach USD 889.11 million by the year 2028, at a CAGR of 8.01%.

Laser cladding is refereed as a process that is utilized to fuse with a laser beam another material that has several metallurgical properties on a substrate, whereby only a very thin layer of the substrate has to be melted to achieve blueprinting bonding with the least dilution of added material and substrate to keep the original properties of the coating material. In addition, laser cladding is a hard-facing process that uses a high-powered laser beam to melt the coating material and a thin layer of the substrate to form a pore- and crack-free coating 50 μ m–2 mm thick with low dilution that is ideally bonded to the substrate. The process may be utilized for large area coverage by overlapping individual tracks, but it is the ability to defense smaller, localized areas that makes it unique. Moreover, the extensive range of materials that can be deposited and its suitability for treating small areas make laser cladding especially suitable to customize surface properties to local service requirements and it opens up a new perspective for surface engineered materials.

Furthermore, laser cladding processes differ in the way the coating material is supplied. In two-step processes, a thin layer of material is settled on the substrate, for instance, as a slurry or a thermally sprayed coating, and later melted with the laser beam. In single-step processes, the material is fed continuously into the laser-created melt pool, usually in the form of a powder. Laser cladding by powder injection is great for alternative processes and is the only one that has found practical use, due to it being more energy efficient and it enables for better process control and reproducibility. Laser cladding has found relatively widespread application for the protection of materials against wear, corrosion, and oxidation, for the settling of self-lubricating coatings and thermal barriers, and the renovating of high-cost industrial components. In addition, other usages with considerable potential are the nonequilibrium synthesis of advanced materials, alloy development, and free-form near-net-shape manufacturing.

COVID-19 Impact on Laser Cladding Market

The COVID-19 pandemic has influenced the laser cladding market and consumer demand have an overall adverse effect on the laser industry. It is believed that laser manufacturing would fall more than anticipated in the short term, as the majority of laser producers and raw material suppliers is based in China. For laser manufacturing, including the manufacturing of subcomponents such as output couplers, laser sources, galvanometers, and others, the industry continues to rely heavily on China. There have been interruptions in component supplies owing to the pandemic, which has led to a limited supply of laser products. Some laser producers may temporarily grow the price of lasers. The immediate impact is that the supply scarcity might cause poor pressure on the prices of laser systems. Going forward, laser system producers would need to look out for supply chain disruptions in China. The effect of supply chain disruption was visible from June 2020 onward as other economies, such as the US, the UK, India, Germany, are also significantly impacted by COVID-19. This had a potential negative impact and on the laser cladding market in 2020–2021. Nevertheless, with developments in the situation, it is anticipated that the manufacturing would gradually return to normal within the next couple of months, ensuring a regular supply of laser systems.

Market Dynamics And Factors For The Laser Cladding Market

Drivers:

The industrial area is currently the higher market for fiber lasers; a significant part of the activity right currently is at the kilowatt-class power level. Particularly entrancing is their application in car works. The car business is shifting to high-strength steel to deliver vehicles that accomplish solidness requirements yet are moderately light for better efficiency; the issue is how to cut the high-strength steel. This is where they go to fiber lasers. It is undeniably challenging, for instance, for regular machine devices to poke holes in this sort of steel; in any case, fiber lasers can undoubtedly cut these openings.

Lasers required for changing cycles, frameworks, and applications are in the scope of two or three hundred to thousands of watts. High-power lasers are applied in enormous scale laser shows, clinical, laser-actuated nuclear fusion, military, research, and materials preparing (welding, cutting, drilling, binding, checking, cladding, and surface adjustment) applications. Even though laser cladding declines labor force and related costs in the car and building industries, its sending includes enormous speculation. Lasers are upheld by different programming, plan documents, tough aspects, and laser sources. Moreover, these accompany administration packages and guarantees to secure against costly fixes if there should be an occurrence of a glitch.

Restraints:

High setup costs for equipment and installation, large equipment size limits, importable systems, maximum expansion rate can lead to cracking, incorrect setup and power can cause stress cracking in the cladding lead to acts as a restricting factor for the growth of the market. In addition, being a new technology, accessibility and capability is still very limited on laser diode.

Opportunities:

The National Research Council of Canada has successfully tested laser cladding technology for its application in the manufacturing of space-related structures, such as the main parts of a robotic arm. These tests emerged in the production of robotic arm components with outstanding mechanical properties, which is a simple indication of the capacity of laser cladding technology for in-space manufacturing facilities which is expected to create further lucrative opportunities for the laser cladding market. In addition, researchers have started studies on strategies for emerging a reliable in-space transportation infrastructure, which may eventually incorporate permanent refueling stations and maintenance platforms in space, as well as cargo vehicles that haul supplies over the shipping lanes of space.

Moreover, impressive improvements can be made through developments in optical components. Lenses capable of focusing the low-quality beam from diode lasers offer various opportunities for processing. Lightweight, compact lasers are ideal tools for autonomous, flexible, robotic systems for material processing, which allows small groups of tailored components to be rapidly fabricated. Robot-mounted lasers are well suited for this purpose and can anticipate finding them in a growing number of engineering sites in the future

Market Segmentation

Segmentation Analysis of Laser Cladding Market:

Based on the Type, the diode lasers segment is expected to register the maximum Laser Cladding market share during the forecast period. In recent years, high-power direct diode lasers (DDL) have become progressively popular and are mostly utilized for heat processing applications. The energy-saving provided by high-power DDLs is high compared with conventional types such as carbon dioxide (CO2) lasers and yttrium aluminum garnet (YAG) lasers. Therefore, the diode lasers segment is anticipated to record the highest Laser Cladding market share.

Based on the Revenue, laser revenue is estimated to dominate the laser cladding market during the forecast period. Laser revenue covers the revenue produced from the sales of different types of lasers, such as diode lasers, YAG lasers, fiber lasers, and CO2 lasers, for cladding applications. Each of these has utilizations over different end-user industries, such as automotive, aerospace & defense, and mining. Over the years, several laser producers have gained contracts for delivering lasers for cladding applications. For example, in December 2019, TRUMPF served its billionth mini laser to STMicroelectronics, a French manufacturer of electronics and semiconductors for smartphones.

Based on the End-Use Industry, The oil & gas end-use industry is anticipated to dominate the laser cladding market during the forecast period. As per the World Corrosion Organization, corrosion costs USD 2.5 trillion to the global economy. Approximately 45% of the cost of corrosion, about USD 1 trillion annually, is accountable to the oil, gas, and petrochemicals industries. As operating environments in these sectors become increasingly challenging owing to maximum temperatures, higher corrosion, higher pressures, and higher wear, the demand for materials that can better withstand these environments is increasing. Hence, it has become essential for oil and gas producers to use corrosion-resistant clad pipes in such environments to allow more efficient and, most importantly, safer operations.

Regional Analysis of Laser Cladding Market:

The laser cladding market is anticipated to be dominated by the regional segment of Asia Pacific. The growth of the regional segment can be primarily attributed to the growing demand for pharmaceutical, material science applications, and life science utilizations in economies such as India, Japan, China, and South Korea. Additionally, the presence of several sciences and materials sciences companies and contract manufacturers organizations are also anticipated to support in turning the growth of the Laser cladding market in the Asia Pacific region during the forecast period. Moreover, enhancing healthcare infrastructure, increase in the GDP of emerging markets, rapid urbanization, and support offered by governments and several companies to expand the pharmaceuticals and life sciences industries in emerging economies in the region.

North America is anticipated to grow at a significant growth rate for the Laser cladding market over the forecast period. The US, Canada, and Mexico are the key contributors to the growth of the laser cladding market in North America. North America is one of the most technologically developed markets for laser cladding due to the presence of major laser cladding key players such as Kondex Corporation (US), LaserStar (US), Lincoln Laser Solutions (Canada), Coherent, Inc (US), Hayden Corporation (US), large machine tools and microelectronics manufacturers, automotive and oil & gas companies, and power generation firms in the region.

Players Covered in Laser Cladding market are :

• Laser Cladding Technologies (Singapore)
• Lumentum Operations LLC (US)
• LaserBond (Australia)
• TRUMPF (Germany)
• Curtiss-Wright Corporation (US)
• IPG Photonics Corporation (US)
• Technogenia (France)
• OC Oerlikon Management AG (Switzerland)
• Jenoptik (Germany)
• Laserline (Germany)
• Lincoln Laser Solutions (Canada)
• Coherent Inc (US)
• Hayden Corporation (US)
• TLM Laser (UK)
• Han's Laser Technology Industry Group Co.Ltd. (China)
• Lumibird (France)
• Alabama Specialty Products Inc. (the US)
• Efesto (US)
• Fraunhofer USA's Center Midwest (US)
• Gravotech (France)
• Hoganas AB (Sweden)
• Kondex Corporation (US)
• LaserStar (US)
• Optomec (Mexico)
• Preco (US) and others major key players.

Key Industry Developments In The Laser Cladding Market

In January 2021, Lumibird declared a global agreement with GWU-LASERTECHNIK for the commercialization of GWU's optical parametric oscillator (OP) with Lumibird's solid-state lasers. This agreement expanded Lumibird's providing for pulsed Nd: YAG lasers to include tunable OPO systems.

In June 2021, II-VI Incorporated and Coherent declared that II-VI's shareholders and Coherent's stockholders have each voted vigorously to adopt and approve the collaboration agreement for II-VI to acquire Coherently.

In August 2021 TRUMPF and STARMATIK, the Italian leader for robotic automation of sheet metal processing machines, signed an agreement for strategic collaboration for bending machine automation.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Material
 3.3 By Revenue
 3.4 By End Use Industry

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Laser Cladding Market by Type
 5.1 Laser Cladding Market Overview Snapshot and Growth Engine
 5.2 Laser Cladding Market Overview
 5.3 Diode laser
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Diode laser: Grographic Segmentation
 5.4 Fiber laser
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Fiber laser: Grographic Segmentation
 5.5 CO2 laser
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 CO2 laser: Grographic Segmentation
 5.6 Acoustic laser
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Acoustic laser: Grographic Segmentation
 5.7 Others
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size (2016-2028F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Others: Grographic Segmentation

Chapter 6: Laser Cladding Market by Material
 6.1 Laser Cladding Market Overview Snapshot and Growth Engine
 6.2 Laser Cladding Market Overview
 6.3 Carbides & Carbide Blends
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Carbides & Carbide Blends: Grographic Segmentation
 6.4 Cobalt-Based Alloys
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Cobalt-Based Alloys: Grographic Segmentation
 6.5 Iron-Based Alloys
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Iron-Based Alloys: Grographic Segmentation
 6.6 Nickel-Based Alloys
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Nickel-Based Alloys: Grographic Segmentation

Chapter 7: Laser Cladding Market by Revenue
 7.1 Laser Cladding Market Overview Snapshot and Growth Engine
 7.2 Laser Cladding Market Overview
 7.3 System Revenue
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 System Revenue: Grographic Segmentation
 7.4 Laser Revenue
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Laser Revenue: Grographic Segmentation

Chapter 8: Laser Cladding Market by End Use Industry
 8.1 Laser Cladding Market Overview Snapshot and Growth Engine
 8.2 Laser Cladding Market Overview
 8.3 Aerospace & Defense
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2016-2028F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Aerospace & Defense: Grographic Segmentation
 8.4 Automotive
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2016-2028F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Automotive: Grographic Segmentation
 8.5 Agriculture
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size (2016-2028F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Agriculture: Grographic Segmentation
 8.6 Power Generation
  8.6.1 Introduction and Market Overview
  8.6.2 Historic and Forecasted Market Size (2016-2028F)
  8.6.3 Key Market Trends, Growth Factors and Opportunities
  8.6.4 Power Generation: Grographic Segmentation
 8.7 Others
  8.7.1 Introduction and Market Overview
  8.7.2 Historic and Forecasted Market Size (2016-2028F)
  8.7.3 Key Market Trends, Growth Factors and Opportunities
  8.7.4 Others: Grographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 Laser Cladding Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Ansoff Matrix
  9.1.5 Laser Cladding Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 Laser Cladding Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 LASER CLADDING TECHNOLOGIES
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 LUMENTUM OPERATIONS LLC
 9.4 LASERBOND
 9.5 TRUMPF
 9.6 CURTISS-WRIGHT CORPORATION
 9.7 IPG PHOTONICS CORPORATION
 9.8 TECHNOGENIA
 9.9 OC OERLIKON MANAGEMENT AG
 9.10 JENOPTIK
 9.11 LASERLINE
 9.12 LINCOLN LASER SOLUTIONS
 9.13 COHERENT INC
 9.14 HAYDEN CORPORATION
 9.15 TLM LASER
 9.16 HAN'S LASER TECHNOLOGY INDUSTRY GROUP CO.LTD.
 9.17 LUMIBIRD
 9.18 ALABAMA SPECIALTY PRODUCTS INC.
 9.19 EFESTO
 9.20 FRAUNHOFER USA'S CENTER MIDWEST
 9.21 GRAVOTECH
 9.22 HOGANAS AB
 9.23 KONDEX CORPORATION
 9.24 LASERSTAR
 9.25 OPTOMEC
 9.26 PRECO
 9.27 OTHER MAJOR PLAYERS

Chapter 10: Global Laser Cladding Market Analysis, Insights and Forecast, 2016-2028
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Type
  10.2.1 Diode laser
  10.2.2 Fiber laser
  10.2.3 CO2 laser
  10.2.4 Acoustic laser
  10.2.5 Others
 10.3 Historic and Forecasted Market Size By Material
  10.3.1 Carbides & Carbide Blends
  10.3.2 Cobalt-Based Alloys
  10.3.3 Iron-Based Alloys
  10.3.4 Nickel-Based Alloys
 10.4 Historic and Forecasted Market Size By Revenue
  10.4.1 System Revenue
  10.4.2 Laser Revenue
 10.5 Historic and Forecasted Market Size By End Use Industry
  10.5.1 Aerospace & Defense
  10.5.2 Automotive
  10.5.3 Agriculture
  10.5.4 Power Generation
  10.5.5 Others

Chapter 11: North America Laser Cladding Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Diode laser
  11.4.2 Fiber laser
  11.4.3 CO2 laser
  11.4.4 Acoustic laser
  11.4.5 Others
 11.5 Historic and Forecasted Market Size By Material
  11.5.1 Carbides & Carbide Blends
  11.5.2 Cobalt-Based Alloys
  11.5.3 Iron-Based Alloys
  11.5.4 Nickel-Based Alloys
 11.6 Historic and Forecasted Market Size By Revenue
  11.6.1 System Revenue
  11.6.2 Laser Revenue
 11.7 Historic and Forecasted Market Size By End Use Industry
  11.7.1 Aerospace & Defense
  11.7.2 Automotive
  11.7.3 Agriculture
  11.7.4 Power Generation
  11.7.5 Others
 11.8 Historic and Forecast Market Size by Country
  11.8.1 U.S.
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Europe Laser Cladding Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Diode laser
  12.4.2 Fiber laser
  12.4.3 CO2 laser
  12.4.4 Acoustic laser
  12.4.5 Others
 12.5 Historic and Forecasted Market Size By Material
  12.5.1 Carbides & Carbide Blends
  12.5.2 Cobalt-Based Alloys
  12.5.3 Iron-Based Alloys
  12.5.4 Nickel-Based Alloys
 12.6 Historic and Forecasted Market Size By Revenue
  12.6.1 System Revenue
  12.6.2 Laser Revenue
 12.7 Historic and Forecasted Market Size By End Use Industry
  12.7.1 Aerospace & Defense
  12.7.2 Automotive
  12.7.3 Agriculture
  12.7.4 Power Generation
  12.7.5 Others
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Germany
  12.8.2 U.K.
  12.8.3 France
  12.8.4 Italy
  12.8.5 Russia
  12.8.6 Spain
  12.8.7 Rest of Europe

Chapter 13: Asia-Pacific Laser Cladding Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Diode laser
  13.4.2 Fiber laser
  13.4.3 CO2 laser
  13.4.4 Acoustic laser
  13.4.5 Others
 13.5 Historic and Forecasted Market Size By Material
  13.5.1 Carbides & Carbide Blends
  13.5.2 Cobalt-Based Alloys
  13.5.3 Iron-Based Alloys
  13.5.4 Nickel-Based Alloys
 13.6 Historic and Forecasted Market Size By Revenue
  13.6.1 System Revenue
  13.6.2 Laser Revenue
 13.7 Historic and Forecasted Market Size By End Use Industry
  13.7.1 Aerospace & Defense
  13.7.2 Automotive
  13.7.3 Agriculture
  13.7.4 Power Generation
  13.7.5 Others
 13.8 Historic and Forecast Market Size by Country
  13.8.1 China
  13.8.2 India
  13.8.3 Japan
  13.8.4 Singapore
  13.8.5 Australia
  13.8.6 New Zealand
  13.8.7 Rest of APAC

Chapter 14: Middle East & Africa Laser Cladding Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 Diode laser
  14.4.2 Fiber laser
  14.4.3 CO2 laser
  14.4.4 Acoustic laser
  14.4.5 Others
 14.5 Historic and Forecasted Market Size By Material
  14.5.1 Carbides & Carbide Blends
  14.5.2 Cobalt-Based Alloys
  14.5.3 Iron-Based Alloys
  14.5.4 Nickel-Based Alloys
 14.6 Historic and Forecasted Market Size By Revenue
  14.6.1 System Revenue
  14.6.2 Laser Revenue
 14.7 Historic and Forecasted Market Size By End Use Industry
  14.7.1 Aerospace & Defense
  14.7.2 Automotive
  14.7.3 Agriculture
  14.7.4 Power Generation
  14.7.5 Others
 14.8 Historic and Forecast Market Size by Country
  14.8.1 Turkey
  14.8.2 Saudi Arabia
  14.8.3 Iran
  14.8.4 UAE
  14.8.5 Africa
  14.8.6 Rest of MEA

Chapter 15: South America Laser Cladding Market Analysis, Insights and Forecast, 2016-2028
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Type
  15.4.1 Diode laser
  15.4.2 Fiber laser
  15.4.3 CO2 laser
  15.4.4 Acoustic laser
  15.4.5 Others
 15.5 Historic and Forecasted Market Size By Material
  15.5.1 Carbides & Carbide Blends
  15.5.2 Cobalt-Based Alloys
  15.5.3 Iron-Based Alloys
  15.5.4 Nickel-Based Alloys
 15.6 Historic and Forecasted Market Size By Revenue
  15.6.1 System Revenue
  15.6.2 Laser Revenue
 15.7 Historic and Forecasted Market Size By End Use Industry
  15.7.1 Aerospace & Defense
  15.7.2 Automotive
  15.7.3 Agriculture
  15.7.4 Power Generation
  15.7.5 Others
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Brazil
  15.8.2 Argentina
  15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. LASER CLADDING MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. LASER CLADDING MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. LASER CLADDING MARKET COMPETITIVE RIVALRY
TABLE 005. LASER CLADDING MARKET THREAT OF NEW ENTRANTS
TABLE 006. LASER CLADDING MARKET THREAT OF SUBSTITUTES
TABLE 007. LASER CLADDING MARKET BY TYPE
TABLE 008. DIODE LASER MARKET OVERVIEW (2016-2028)
TABLE 009. FIBER LASER MARKET OVERVIEW (2016-2028)
TABLE 010. CO2 LASER MARKET OVERVIEW (2016-2028)
TABLE 011. ACOUSTIC LASER MARKET OVERVIEW (2016-2028)
TABLE 012. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 013. LASER CLADDING MARKET BY MATERIAL
TABLE 014. CARBIDES & CARBIDE BLENDS MARKET OVERVIEW (2016-2028)
TABLE 015. COBALT-BASED ALLOYS MARKET OVERVIEW (2016-2028)
TABLE 016. IRON-BASED ALLOYS MARKET OVERVIEW (2016-2028)
TABLE 017. NICKEL-BASED ALLOYS MARKET OVERVIEW (2016-2028)
TABLE 018. LASER CLADDING MARKET BY REVENUE
TABLE 019. SYSTEM REVENUE MARKET OVERVIEW (2016-2028)
TABLE 020. LASER REVENUE MARKET OVERVIEW (2016-2028)
TABLE 021. LASER CLADDING MARKET BY END USE INDUSTRY
TABLE 022. AEROSPACE & DEFENSE MARKET OVERVIEW (2016-2028)
TABLE 023. AUTOMOTIVE MARKET OVERVIEW (2016-2028)
TABLE 024. AGRICULTURE MARKET OVERVIEW (2016-2028)
TABLE 025. POWER GENERATION MARKET OVERVIEW (2016-2028)
TABLE 026. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 027. NORTH AMERICA LASER CLADDING MARKET, BY TYPE (2016-2028)
TABLE 028. NORTH AMERICA LASER CLADDING MARKET, BY MATERIAL (2016-2028)
TABLE 029. NORTH AMERICA LASER CLADDING MARKET, BY REVENUE (2016-2028)
TABLE 030. NORTH AMERICA LASER CLADDING MARKET, BY END USE INDUSTRY (2016-2028)
TABLE 031. N LASER CLADDING MARKET, BY COUNTRY (2016-2028)
TABLE 032. EUROPE LASER CLADDING MARKET, BY TYPE (2016-2028)
TABLE 033. EUROPE LASER CLADDING MARKET, BY MATERIAL (2016-2028)
TABLE 034. EUROPE LASER CLADDING MARKET, BY REVENUE (2016-2028)
TABLE 035. EUROPE LASER CLADDING MARKET, BY END USE INDUSTRY (2016-2028)
TABLE 036. LASER CLADDING MARKET, BY COUNTRY (2016-2028)
TABLE 037. ASIA PACIFIC LASER CLADDING MARKET, BY TYPE (2016-2028)
TABLE 038. ASIA PACIFIC LASER CLADDING MARKET, BY MATERIAL (2016-2028)
TABLE 039. ASIA PACIFIC LASER CLADDING MARKET, BY REVENUE (2016-2028)
TABLE 040. ASIA PACIFIC LASER CLADDING MARKET, BY END USE INDUSTRY (2016-2028)
TABLE 041. LASER CLADDING MARKET, BY COUNTRY (2016-2028)
TABLE 042. MIDDLE EAST & AFRICA LASER CLADDING MARKET, BY TYPE (2016-2028)
TABLE 043. MIDDLE EAST & AFRICA LASER CLADDING MARKET, BY MATERIAL (2016-2028)
TABLE 044. MIDDLE EAST & AFRICA LASER CLADDING MARKET, BY REVENUE (2016-2028)
TABLE 045. MIDDLE EAST & AFRICA LASER CLADDING MARKET, BY END USE INDUSTRY (2016-2028)
TABLE 046. LASER CLADDING MARKET, BY COUNTRY (2016-2028)
TABLE 047. SOUTH AMERICA LASER CLADDING MARKET, BY TYPE (2016-2028)
TABLE 048. SOUTH AMERICA LASER CLADDING MARKET, BY MATERIAL (2016-2028)
TABLE 049. SOUTH AMERICA LASER CLADDING MARKET, BY REVENUE (2016-2028)
TABLE 050. SOUTH AMERICA LASER CLADDING MARKET, BY END USE INDUSTRY (2016-2028)
TABLE 051. LASER CLADDING MARKET, BY COUNTRY (2016-2028)
TABLE 052. LASER CLADDING TECHNOLOGIES: SNAPSHOT
TABLE 053. LASER CLADDING TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 054. LASER CLADDING TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 055. LASER CLADDING TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. LUMENTUM OPERATIONS LLC: SNAPSHOT
TABLE 056. LUMENTUM OPERATIONS LLC: BUSINESS PERFORMANCE
TABLE 057. LUMENTUM OPERATIONS LLC: PRODUCT PORTFOLIO
TABLE 058. LUMENTUM OPERATIONS LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. LASERBOND: SNAPSHOT
TABLE 059. LASERBOND: BUSINESS PERFORMANCE
TABLE 060. LASERBOND: PRODUCT PORTFOLIO
TABLE 061. LASERBOND: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. TRUMPF: SNAPSHOT
TABLE 062. TRUMPF: BUSINESS PERFORMANCE
TABLE 063. TRUMPF: PRODUCT PORTFOLIO
TABLE 064. TRUMPF: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. CURTISS-WRIGHT CORPORATION: SNAPSHOT
TABLE 065. CURTISS-WRIGHT CORPORATION: BUSINESS PERFORMANCE
TABLE 066. CURTISS-WRIGHT CORPORATION: PRODUCT PORTFOLIO
TABLE 067. CURTISS-WRIGHT CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. IPG PHOTONICS CORPORATION: SNAPSHOT
TABLE 068. IPG PHOTONICS CORPORATION: BUSINESS PERFORMANCE
TABLE 069. IPG PHOTONICS CORPORATION: PRODUCT PORTFOLIO
TABLE 070. IPG PHOTONICS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. TECHNOGENIA: SNAPSHOT
TABLE 071. TECHNOGENIA: BUSINESS PERFORMANCE
TABLE 072. TECHNOGENIA: PRODUCT PORTFOLIO
TABLE 073. TECHNOGENIA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. OC OERLIKON MANAGEMENT AG: SNAPSHOT
TABLE 074. OC OERLIKON MANAGEMENT AG: BUSINESS PERFORMANCE
TABLE 075. OC OERLIKON MANAGEMENT AG: PRODUCT PORTFOLIO
TABLE 076. OC OERLIKON MANAGEMENT AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. JENOPTIK: SNAPSHOT
TABLE 077. JENOPTIK: BUSINESS PERFORMANCE
TABLE 078. JENOPTIK: PRODUCT PORTFOLIO
TABLE 079. JENOPTIK: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. LASERLINE: SNAPSHOT
TABLE 080. LASERLINE: BUSINESS PERFORMANCE
TABLE 081. LASERLINE: PRODUCT PORTFOLIO
TABLE 082. LASERLINE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. LINCOLN LASER SOLUTIONS: SNAPSHOT
TABLE 083. LINCOLN LASER SOLUTIONS: BUSINESS PERFORMANCE
TABLE 084. LINCOLN LASER SOLUTIONS: PRODUCT PORTFOLIO
TABLE 085. LINCOLN LASER SOLUTIONS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. COHERENT INC: SNAPSHOT
TABLE 086. COHERENT INC: BUSINESS PERFORMANCE
TABLE 087. COHERENT INC: PRODUCT PORTFOLIO
TABLE 088. COHERENT INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. HAYDEN CORPORATION: SNAPSHOT
TABLE 089. HAYDEN CORPORATION: BUSINESS PERFORMANCE
TABLE 090. HAYDEN CORPORATION: PRODUCT PORTFOLIO
TABLE 091. HAYDEN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 091. TLM LASER: SNAPSHOT
TABLE 092. TLM LASER: BUSINESS PERFORMANCE
TABLE 093. TLM LASER: PRODUCT PORTFOLIO
TABLE 094. TLM LASER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 094. HAN'S LASER TECHNOLOGY INDUSTRY GROUP CO.LTD.: SNAPSHOT
TABLE 095. HAN'S LASER TECHNOLOGY INDUSTRY GROUP CO.LTD.: BUSINESS PERFORMANCE
TABLE 096. HAN'S LASER TECHNOLOGY INDUSTRY GROUP CO.LTD.: PRODUCT PORTFOLIO
TABLE 097. HAN'S LASER TECHNOLOGY INDUSTRY GROUP CO.LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 097. LUMIBIRD: SNAPSHOT
TABLE 098. LUMIBIRD: BUSINESS PERFORMANCE
TABLE 099. LUMIBIRD: PRODUCT PORTFOLIO
TABLE 100. LUMIBIRD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 100. ALABAMA SPECIALTY PRODUCTS INC.: SNAPSHOT
TABLE 101. ALABAMA SPECIALTY PRODUCTS INC.: BUSINESS PERFORMANCE
TABLE 102. ALABAMA SPECIALTY PRODUCTS INC.: PRODUCT PORTFOLIO
TABLE 103. ALABAMA SPECIALTY PRODUCTS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 103. EFESTO: SNAPSHOT
TABLE 104. EFESTO: BUSINESS PERFORMANCE
TABLE 105. EFESTO: PRODUCT PORTFOLIO
TABLE 106. EFESTO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 106. FRAUNHOFER USA'S CENTER MIDWEST: SNAPSHOT
TABLE 107. FRAUNHOFER USA'S CENTER MIDWEST: BUSINESS PERFORMANCE
TABLE 108. FRAUNHOFER USA'S CENTER MIDWEST: PRODUCT PORTFOLIO
TABLE 109. FRAUNHOFER USA'S CENTER MIDWEST: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 109. GRAVOTECH: SNAPSHOT
TABLE 110. GRAVOTECH: BUSINESS PERFORMANCE
TABLE 111. GRAVOTECH: PRODUCT PORTFOLIO
TABLE 112. GRAVOTECH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 112. HOGANAS AB: SNAPSHOT
TABLE 113. HOGANAS AB: BUSINESS PERFORMANCE
TABLE 114. HOGANAS AB: PRODUCT PORTFOLIO
TABLE 115. HOGANAS AB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 115. KONDEX CORPORATION: SNAPSHOT
TABLE 116. KONDEX CORPORATION: BUSINESS PERFORMANCE
TABLE 117. KONDEX CORPORATION: PRODUCT PORTFOLIO
TABLE 118. KONDEX CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 118. LASERSTAR: SNAPSHOT
TABLE 119. LASERSTAR: BUSINESS PERFORMANCE
TABLE 120. LASERSTAR: PRODUCT PORTFOLIO
TABLE 121. LASERSTAR: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 121. OPTOMEC: SNAPSHOT
TABLE 122. OPTOMEC: BUSINESS PERFORMANCE
TABLE 123. OPTOMEC: PRODUCT PORTFOLIO
TABLE 124. OPTOMEC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 124. PRECO: SNAPSHOT
TABLE 125. PRECO: BUSINESS PERFORMANCE
TABLE 126. PRECO: PRODUCT PORTFOLIO
TABLE 127. PRECO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 127. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 128. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 129. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 130. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. LASER CLADDING MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. LASER CLADDING MARKET OVERVIEW BY TYPE
FIGURE 012. DIODE LASER MARKET OVERVIEW (2016-2028)
FIGURE 013. FIBER LASER MARKET OVERVIEW (2016-2028)
FIGURE 014. CO2 LASER MARKET OVERVIEW (2016-2028)
FIGURE 015. ACOUSTIC LASER MARKET OVERVIEW (2016-2028)
FIGURE 016. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 017. LASER CLADDING MARKET OVERVIEW BY MATERIAL
FIGURE 018. CARBIDES & CARBIDE BLENDS MARKET OVERVIEW (2016-2028)
FIGURE 019. COBALT-BASED ALLOYS MARKET OVERVIEW (2016-2028)
FIGURE 020. IRON-BASED ALLOYS MARKET OVERVIEW (2016-2028)
FIGURE 021. NICKEL-BASED ALLOYS MARKET OVERVIEW (2016-2028)
FIGURE 022. LASER CLADDING MARKET OVERVIEW BY REVENUE
FIGURE 023. SYSTEM REVENUE MARKET OVERVIEW (2016-2028)
FIGURE 024. LASER REVENUE MARKET OVERVIEW (2016-2028)
FIGURE 025. LASER CLADDING MARKET OVERVIEW BY END USE INDUSTRY
FIGURE 026. AEROSPACE & DEFENSE MARKET OVERVIEW (2016-2028)
FIGURE 027. AUTOMOTIVE MARKET OVERVIEW (2016-2028)
FIGURE 028. AGRICULTURE MARKET OVERVIEW (2016-2028)
FIGURE 029. POWER GENERATION MARKET OVERVIEW (2016-2028)
FIGURE 030. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 031. NORTH AMERICA LASER CLADDING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. EUROPE LASER CLADDING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 033. ASIA PACIFIC LASER CLADDING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 034. MIDDLE EAST & AFRICA LASER CLADDING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 035. SOUTH AMERICA LASER CLADDING MARKET OVERVIEW BY COUNTRY (2016-2028)