Global Laser Cleaning Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. A Laser Cleaning is a procedure of removing dust, impurities, contaminants in the form of rubber, silicon, carbon from the surface of a material with the help of laser radiation. This technology is capable for improving quality of processes, ability to survive in extreme environment and helps to extend the service life for long term. It has major applications across various industries such as manufacturing, commercial, and industrial usage etc. The Laser Cleaning market is expanding because of factors such as rising automotive industry and increasing demand for laser cleaning system in Art restoration and conservation boosts the market growth.
According to International Energy Agency Organization in November 2021, during 2020-2021 , there were around 31,000 heavy trucks and 600000 buses moving on the road worldwide China is dominating the market with new registration of about 78 000 electric buses and 6700 electric trucks. Also, according to Indian Brand Equity Foundation in 2021, between April 2000 and March 2022, the automobile industry received approximately USD 32.84 billion in cumulative equity FDI inflows. Whereas, preference of laser cleansing over traditional cleaning and growing R&D activities by market players are creating lucrative opportunities to the market. However, lack of technical expertise and higher cost hampers the market growth in the forecast period.
The key regions considered for the Global Laser Cleaning Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominates the regional market in terms of revenue generation, owing to the rising usage of gas laser in manufacturing industries and presence of manufacturers etc. Whereas, Asia Pacific is expected to be the fastest growing region owing to the factors such as rising use of laser cleaning technology, rising adoption and demand for end-user industries.
Major market players included in this report are:
ALT Laser Ltd,
Anilox Roll Cleaning Systems,
IPG Photonics Corporation,