Forecasted: Laser Cleaning Market to Grow at 4.22% CAGR by 2023

The Laser Cleaning Market Size is expected to develop at a compound annual growth rate (CAGR) of 4.22%, from USD 588.8 million in 2018 to USD 723.9 million in 2023.

Pune, 24/05/2024 (informazione.it - comunicati stampa - scienza e tecnologia)

A recent report titled "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" indicates that the laser cleaning market is expected to grow significantly. It is projected that this market will grow at a noteworthy Compound Annual Growth Rate (CAGR) of 4.22% from USD 588.8 million in 2018 to USD 723.9 million by 2023.

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Due to a considerable preference for laser-based cleaning techniques over conventional methods, the laser cleaning market is expanding at a rapid pace. Numerous causes are driving this change, including the growing need for laser cleaning in a range of applications, including industrial use, cleaning procedures, and conservation and restoration. Compared to traditional cleaning procedures like chemical, thermochemical, thermal, grinding, and blasting methods, laser cleaning has clear advantages. The efficiency and efficacy of laser cleaning technology in eliminating impurities and surface layers is one of the main factors propelling the market's growth. Because laser cleaning is non-contact and non-abrasive, as opposed to previous procedures, it achieves exact cleaning results with less chance of damaging delicate surfaces.

Cleaning process application dominated the overall laser cleaning market

Applications in the laser cleaning market are divided into three categories: industrial, cleaning process, and conservation & restoration. Each of these categories significantly contributes to the market's expansion. The cleaning process category stands out as the one contributing the most to the market among these, mainly due to the strong demand for cleaning automobile parts. In the automotive industry, laser cleaning technology is widely used to remove residues, coatings, and pollutants from a variety of surfaces and components. This covers tasks like painting over paint coatings and removing oxide deposits on aluminium surfaces prior to welding. The adoption of laser cleaning solutions has been driven by the automobile sector's emphasis on satisfying strict cleanliness standards and obtaining high-quality surface finishes.

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Laser cleaning market for fiber laser expected to grow at the highest CAGR during the forecast period

Due to a number of important aspects that highlight its advantages over conventional cleaning techniques, the fibre laser market is expected to rise significantly during the projected period. High levels of precision cleaning are possible using fibre lasers, allowing for the exact removal of residues, coatings, and impurities from a variety of surfaces. This accuracy is especially useful in sectors like aerospace and automobile manufacture where surface quality and cleanliness are critical. Additionally, fibre lasers enable selective washing and precise position cleaning, enabling operators to efficiently and accurately target particular locations. This degree of control reduces material waste and harm to underlying surfaces, improving cleaning efficacy while also saving money and increasing production. The safe working environment that fibre lasers offer is a major factor in their adoption. Fibre lasers provide a non-contact, non-invasive cleaning option that minimises workplace hazards associated with handling dangerous chemicals and removes the possibility of harm to delicate components as compared to conventional cleaning procedures that include chemicals or abrasive materials. Additionally, fibre lasers' very minimal maintenance needs add to their attraction to end users. Fibre lasers provide dependable performance and longevity due to its solid-state construction and fewer moving parts, which reduces operating costs and downtime over time.

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APAC expected to hold the highest growth rate in the overall laser cleaning market

There is regional segmentation in the laser cleaning market; in 2018, North America held the largest share, closely followed by Europe and Asia Pacific (APAC). Numerous factors, such as widespread application in a variety of industries and the rapid expansion of the industry due to technology improvements, contribute to North America's supremacy. Furthermore, the use of eco-friendly cleaning techniques like laser cleaning has been spurred by strict environmental rules in North America. The expanding automotive and aerospace industries are driving a notable surge in the laser cleaning industry in Asia Pacific. APAC's industries are increasingly turning to laser cleaning solutions to improve their operations as maintenance and efficiency become more and more important. In addition, the demand for laser cleaning in industries like construction, power production, and refineries is being driven by the region's burgeoning infrastructure market. The laser cleaning market in Asia-Pacific is anticipated to grow at a rapid pace, driven by nations like China, Japan, India, and South Korea. These countries have a thriving industrial sector and are seeing an increase in infrastructure development investments. Furthermore, the use of laser cleaning is becoming more and more popular in cultural preservation initiatives, as properties and historical places gain from the accurate and non-invasive cleaning powers of laser technology.

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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