Laser Cladding Market Research Report—Global Forecast till 2027

Laser Cladding Market Research Report: By Type (Diode Laser, Fiber Laser, YAG Laser, CO2 Laser, and Others), Revenue (Laser Revenue and System Revenue), Material (Cobalt-Based Alloys, Nickel-Based Alloys, and Iron-Based Alloys), Industry Vertical (Automotive, Semiconductor & Electronics, Aerospace & Defense, Oil & Gas, Mining, Power Generation, and Others), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2027

ID: MRFR/ICT/9242-HCR | November 2021 | Region: Global | 100 pages

Laser Cladding Market Synopsis


Laser cladding market size is expected to register a significant CAGR of approximately 7.9% during the study period and is projected to reach a market value of USD 719.5 million by 2027.


Cladding is the process of improving the finish or surface of objects, parts, or items worn out through their extended usage. It makes the object more aesthetic and functional through refurbishment or revision by creating a new surface layer on the top of the base material. Laser cladding includes a hard-facing process utilizing a high-powered laser beam to melt the coating material and a thin substrate layer forming a pore- and crack-free coating 50–2 mm thick with low dilution perfectly bonded to the substrate.


Laser cladding provides little porosity that results in excellent long-term corrosion resistance. Additionally, it helps a thicker build-up in a single pass. Its overlapping passes combine to create a high-quality board and low metal dilution, ensuring minor post-process machining. Furthermore, laser cladding provides the metallurgical bond at a lower temperature with small heat affected area of approximately 0.03” is common.


Factors driving the laser cladding market comprise the rising need for rapid manufacturing practices, the increasing popularity of fiber lasers in laser cladding application areas, and the growing adoption of laser cladding over traditional technologies. Meanwhile, the lack of skilled professionals is hampering this growth trend in the market. The high costs associated with the capital equipment also create challenges for the market growth. However, the market provides ample opportunities for advancements in laser cladding techniques.


Market Dynamics


DRIVERS


  • Rising need for rapid manufacturing practices


The term ‘rapid manufacturing’ describes the methods and processes that provide the fast and flexible techniques to produce prototypes and series parts. Laser cladding enables a variety of industrial tasks such as applying surface coatings for surface enhancement, rapid manufacturing, repairing worn-out parts, innovative alloy development, and others. Hence, the demand for rapid manufacturing using the laser cladding method is gradually increasing, which is expected to boost the demand for laser cladding technology.


OPPORTUNITIES


  • Advancements in laser cladding techniques


Innovations in laser cladding technology are a continuous process and can be applied for surface modification. The advancements in the laser cladding-high entropy alloys since 2004 have provided nobler properties over the conventional alloys, which have further explored the field in recent years. Additionally, laser cladding applications have expanded with these advancements, including many industrial applications in aerospace & defense, medical technology, consumer electronics, and other industries. For instance, a team at Germany-based Fraunhofer Institute for Production Technology (IPT) has carried out extensive research and introduced an additive manufacturing (AM) process. This process combines the wire and powder-based laser cladding methods. The team also explained that this hybrid process produces a protective tool coating that is more wear-resistant, resource-efficient, cost-efficient, and others than those produced through conventional laser cladding methods. Furthermore, the hybrid process is more flexible than a purely wire-based approach to cladding.


RESTRAINTS


  • Lack of skilled professionals


The welding & surface modification industry has been facing a severe shortage in the recent few years, especially in the US, owing to decreasing number of welders and engineers in the region. Additionally, the shortage is contributed by factors such as concerns regarding the replacements of retirees, negative perceptions surrounding the career such as repetitive and monotonous work structure, low payouts, work in dirty environments, and lack of career growth opportunities in the longterm.


CHALLENGES


  • High costs associated with the equipment


Laser cladding is an emerging technology utilizing lasers and nano-materials that strengthen alloys in various parts of a machine. Laser cladding helps manufacturers in laser remanufacturing, laser repair, or in a new surface modification. This is usually done by addition of cladding material to the surface of substrate with the help of a high-energy-density laser beam that melts forming a thin layer, forming a cladding layer. However, this treatment significantly increases the hardness and wear resistance of the surface and extends the parts’ service life. This process requires a capital-intensive machine and a skilled professional to operate, creating a challenge to the market growth.


Segmentation


The global laser cladding market has been segmented based on type, revenue, material, industry vertical, and region.


By type, the global laser cladding market has been divided into diode laser, fiber laser, YAG laser, CO2 laser, and others.


By revenue, the global laser cladding market has been separated into laser revenue and system revenue.


Based on the material, the global laser cladding market is divided into cobalt-based, nickel-based, and iron-based alloys.


Oil & gas, mining, aerospace & defense, automotive, power generation, and others are sub-segments of the industry vertical segment in the global laser cladding market.


The global laser cladding market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.


Regional Analysis


The global laser cladding market is estimated to register a robust CAGR of approximately 7.9% over the forecast period. The regional analysis of the global laser cladding market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.


Europe is expected to be the largest market for laser cladding during the review period due to the high adoption rate of laser cladding technology by automotive and mechanical engineering organizations owing to the benefits offered by laser cladding, including better wear resistance and repair of damaged or worn surfaces, among others. Additionally, Germany is expected to lead the country-level markets in Europe due to the increase in demand from automotive & mechanical engineering and semiconductor equipment industries. Moreover, the presence of major players such as Laserline GmbH (Germany), NUTECH Gesellschaft für Lasertechnik und Materialprüfung mbH (Germany), Höganäs AB (Sweden), OC Oerlikon Management AG (Switzerland), JENOPTIK AG (Germany), TRUMPF (Germany), and LUMIBIRD (France) is also fueling the market growth. These players are investing heavily into the R&D of laser cladding techniques and stay at the forefront of innovation while providing an enriched customer experience.


North America is expected to register the second-largest market share owing to the demand for laser cladding techniques, mainly among automotive, security & defense, and semiconductor manufacturers in this region. The US is expected to lead the country-level market in North America owing to the rising demand for laser cladding to improve the wear resistance in objects. Laser cladding also enhances, restores, and strengthens the surfaces of metal components with unprecedented results and enables manufacturing better-quality consumer electronics.


The Middle East & Africa and South America markets are expected to register robust growth during the study period due to the gradual increase in manufacturing practices, especially in oil & gas producers.


Competitive Analysis


The global laser cladding market is witnessing significant growth mainly due to the rising need for rapid manufacturing practices, increasing popularity of fiber lasers in laser cladding application areas, and growing adoption of laser cladding over traditional technologies. Major players have opted for partnerships, mergers & acquisitions, and product developments as their key organic growth strategies to enhance their positions in the market and cater to the demands of organizations across end-use verticals. The industry players are working towards advancing their product offerings to cater to the rising demands of end-use organizations to increase the cladding efficiency and surface modifications. For instance, in May-2021, OC Oerlikon Metco, a subsidiary of Oerlikon Management AG (Switzerland), announced the completion of its unique laser center of competence, enabling its customers to access coating orders right from the prototype production to large-scale series production, R&D projects, concept development, pilot production, and other process chains.


Impact of COVID-19


The global laser cladding market has reported a decline in demand mainly attributed to the slow or fall in manufacturing capabilities across the globe due to the pandemic situation. The outbreak of novel coronavirus shifted the conventional working environments to the new normal of remotely working scenarios to break the chain, minimize the spread of the disease, and business continuity. Additionally, the demand for finished products from industry verticals, including automotive, semiconductor & electronics, aerospace & defense, oil & gas, mining, power generation, and others, rapidly deteriorated as the virus covered more and more regions under its influence. However, the market jumped to its pre-COVID-19 condition owing to the awareness among the population, vaccinations, and relaxations in the implied restrictions. Hence, the demand for laser cladding is expected to reach its pre-pandemic levels in a few quarters gradually.


Key Developments


On August 16th, 2021, Höganäs AB (Sweden) announced the expansion of its facility in Pennsylvania (US). This site will provide fine powder for its applications, including surface coating, metal injection molding, and additive manufacturing areas to cater to the growing need for high alloy products in North America.


On 19th March 2020, Praxair S.T. Technology, Inc. (US) signed a partnership deed with Siemens’s subsidiary—Siemens Gas and Power—to provide coating services across a range of products. For instance, aerospace and industrial gas turbine components, including blades, vanes, casings, and discs to be coated with Praxair’s aluminizing, platinum aluminizing, slurry, and thermal spray processes. This is expected to contribute to the demand for Praxair’s laser cladding services.


On 25th March 2021, Coherent, Inc. (US) announced its merger with II-VI Incorporated. With this, the company is expected to expand its global reach and enhance product capabilities.


Key Players


The key players in the global laser cladding market are identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. These include Laserline GmbH (Germany), IPG Photonics Corporation (US), NUTECH Gesellschaft für Lasertechnik und Materialprüfung mbH (Germany), Höganäs AB (Sweden), OC Oerlikon Management AG (Switzerland), Titanova, Inc. (US), YANMAR HOLDINGS CO., LTD (India), Hardchrome Engineering (Australia), LaserBond Ltd (Australia), Praxair S.T. Technology, Inc. (US), JENOPTIK AG (Germany), TRUMPF (Germany), Coherent, Inc. (US), LUMIBIRD (France), and Alabama Specialty Products, Inc. (US). The key strategies adopted by most of the players are partnerships, acquisitions, agreements/collaborations, and product developments, among others.


Global Laser Cladding Market, 2019–­2027 (USD Million)
Global Laser Cladding Market 2019-2027
Source: MRFR Analysis


The above figure shows the robust growth of the laser cladding market during the study period from 2021 to 2027, growing at a CAGR of 7.9% approximately and expected to reach USD 719.5 million by the end of the forecast period.


Intended Audience



  • Value-Added Resellers (VARs)

  • Device Manufacturers

  • Automotive Manufacturers

  • Technology Consultants

  • Investors and Venture Capitalists

  • Chief Financial Officers



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TABLE OF CONTENTS

1. EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global Laser Cladding Market, by Type

1.1.2. Global Laser Cladding Market, by Revenue

1.1.3. Global Laser Cladding Market, by Material

1.1.4. Global Laser Cladding Market, by Industry Vertical

1.1.5. Global Laser Cladding Market, by Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.3. Market Structure

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. List of Assumptions

4. MARKET DYNAMICS

4.1. Introduction

4.2. Drivers

4.2.1. Rising need for rapid manufacturing practices

4.2.2. Increasing popularity of fiber lasers in laser cladding application areas

4.2.3. Growing adoption of laser cladding over traditional technologies

4.2.4. Driver Impact Analysis

4.3. Restraints

4.3.1. Lack of skilled professionals

4.4. Opportunities

4.4.1. Advancements in laser cladding techniques

4.5. Challenges

4.5.1. High cost associated with the capital equipment

4.6. Impact of COVID-19

4.6.1. Impact on laser cladding providers

4.6.2. Impact on IT industry

4.6.3. Impact on end-use verticals

5. MARKET FACTOR ANALYSIS

5.1. Value Chain Analysis/Supply Chain Analysis

5.2. Porter’s Five Forces Model

5.2.1. Bargaining Power of Suppliers

5.2.2. Bargaining Power of Buyers

5.2.3. Threat of New Entrants

5.2.4. Threat of Substitutes

5.2.5. Intensity of Rivalry

6. GLOBAL LASER CLADDING MARKET, BY TYPE

6.1. Introduction

6.2. Diode Laser

6.3. Fiber Laser

6.4. Yag Laser

6.5. CO2 Laser

6.6. Others

7. GLOBAL LASER CLADDING MARKET, BY REVENUE

7.1. Introduction

7.2. Laser Revenue

7.3. System Revenue

8. GLOBAL LASER CLADDING MARKET, BY MATERIAL

8.1. Introduction

8.2. Cobalt-Based Alloys

8.3. Nickel-Based Alloys

8.4. Iron-Based Alloys

9. GLOBAL LASER CLADDING MARKET, BY INDUSTRY VERTICAL

9.1. Introduction

9.2. Oil & Gas

9.3. Mining

9.4. Aerospace & Defense

9.5. Automotive

9.6. Power Generation

9.7. Others

10. GLOBAL LASER CLADDING MARKET, BY REGION

10.1. Overview

10.2. North America

10.2.1. Market Size & Estimates, by Country, 2019–2027

10.2.2. Market Size & Estimates, by Type, 2019–2027

10.2.3. Market Size & Estimates, by Revenue, 2019–2027

10.2.4. Market Size & Estimates, by Material, 2019–2027

10.2.5. Market Size & Estimates, by Industry Vertical, 2019–2027

10.2.6. US

10.2.6.1. Market Size & Estimates, by Type, 2019–2027

10.2.6.2. Market Size & Estimates, by Revenue, 2019–2027

10.2.6.3. Market Size & Estimates, by Material, 2019–2027

10.2.6.4. Market Size & Estimates, by Industry Vertical, 2019–2027

10.2.7. Canada

10.2.7.1. Market Size & Estimates, by Type, 2019–2027

10.2.7.2. Market Size & Estimates, by Revenue, 2019–2027

10.2.7.3. Market Size & Estimates, by Material, 2019–2027

10.2.7.4. Market Size & Estimates, by Industry Vertical, 2019–2027

10.2.8. Mexico

10.2.8.1. Market Size & Estimates, by Type, 2019–2027

10.2.8.2. Market Size & Estimates, by Revenue, 2019–2027

10.2.8.3. Market Size & Estimates, by Material, 2019–2027

10.2.8.4. Market Size & Estimates, by Industry Vertical, 2019–2027

10.3. Europe

10.3.1. Market Size & Estimates, by Country, 2019–2027

10.3.2. Market Size & Estimates, by Type, 2019–2027

10.3.3. Market Size & Estimates, by Revenue, 2019–2027

10.3.4. Market Size & Estimates, by Material, 2019–2027

10.3.5. Market Size & Estimates, by Industry Vertical, 2019–2027

10.3.6. Germany

10.3.6.1. Market Size & Estimates, by Type, 2019–2027

10.3.6.2. Market Size & Estimates, by Revenue, 2019–2027

10.3.6.3. Market Size & Estimates, by Material, 2019–2027

10.3.6.4. Market Size & Estimates, by Industry Vertical, 2019–2027

10.3.7. UK

10.3.7.1. Market Size & Estimates, by Type, 2019–2027

10.3.7.2. Market Size & Estimates, by Revenue, 2019–2027

10.3.7.3. Market Size & Estimates, by Material, 2019–2027

10.3.7.4. Market Size & Estimates, by Industry Vertical, 2019–2027

10.3.8. France

10.3.8.1. Market Size & Estimates, by Type, 2019–2027

10.3.8.2. Market Size & Estimates, by Revenue, 2019–2027

10.3.8.3. Market Size & Estimates, by Material, 2019–2027

10.3.8.4. Market Size & Estimates, by Industry Vertical, 2019–2027

10.3.9. Rest of Europe

10.3.9.1. Market Size & Estimates, by Type, 2019–2027

10.3.9.2. Market Size & Estimates, by Revenue, 2019–2027

10.3.9.3. Market Size & Estimates, by Material, 2019–2027

10.3.9.4. Market Size & Estimates, by Industry Vertical, 2019–2027

10.4. Asia-Pacific

10.4.1. Market Size & Estimates, by Country, 2019–2027

10.4.2. Market Size & Estimates, by Type, 2019–2027

10.4.3. Market Size & Estimates, by Revenue, 2019–2027

10.4.4. Market Size & Estimates, by Material, 2019–2027

10.4.5. Market Size & Estimates, by Industry Vertical, 2019–2027

10.4.6. China

10.4.6.1. Market Size & Estimates, by Type, 2019–2027

10.4.6.2. Market Size & Estimates, by Revenue, 2019–2027

10.4.6.3. Market Size & Estimates, by Material, 2019–2027

10.4.6.4. Market Size & Estimates, by Industry Vertical, 2019–2027

10.4.7. Japan

10.4.7.1. Market Size & Estimates, by Type, 2019–2027

10.4.7.2. Market Size & Estimates, by Revenue, 2019–2027

10.4.7.3. Market Size & Estimates, by Material, 2019–2027

10.4.7.4. Market Size & Estimates, by Industry Vertical, 2019–2027

10.4.8. India

10.4.8.1. Market Size & Estimates, by Type, 2019–2027

10.4.8.2. Market Size & Estimates, by Revenue, 2019–2027

10.4.8.3. Market Size & Estimates, by Material, 2019–2027

10.4.8.4. Market Size & Estimates, by Industry Vertical, 2019–2027

10.4.9. Rest of Asia-Pacific

10.4.9.1. Market Size & Estimates, by Type, 2019–2027

10.4.9.2. Market Size & Estimates, by Revenue, 2019–2027

10.4.9.3. Market Size & Estimates, by Material, 2019–2027

10.4.9.4. Market Size & Estimates, by Industry Vertical, 2019–2027

10.5. Middle East & Africa

10.5.1. Market Size & Estimates, by Type, 2019–2027

10.5.2. Market Size & Estimates, by Revenue, 2019–2027

10.5.3. Market Size & Estimates, by Material, 2019–2027

10.5.4. Market Size & Estimates, by Industry Vertical, 2019–2027

10.6. South America

10.6.1. Market Size & Estimates, by Type, 2019–2027

10.6.2. Market Size & Estimates, by Revenue, 2019–2027

10.6.3. Market Size & Estimates, by Material, 2019–2027

10.6.4. Market Size & Estimates, by Industry Vertical, 2019–2027

11. COMPETITIVE LANDSCAPE

11.1. Introduction

11.2. Key Players Market Share Analysis, 2020 (%)

11.3. Competitive Benchmarking

11.4. Competitor Dashboard

11.5. Major Growth Strategy in the Market

11.6. Key Developments & Growth Strategies

11.6.1. New Product Developments

11.6.2. Mergers & Acquisitions

11.6.3. Contracts & Agreements

12. COMPANY PROFILES

12.1. Laserline GmbH (Germany)

12.1.1. Company Overview

12.1.2. Financial Overview

12.1.3. Products/Services/Solutions Offered

12.1.4. Key Developments

12.1.5. SWOT Analysis

12.1.6. Key Strategies

12.2. IPG Photonics Corporation (US)

12.2.1. Company Overview

12.2.2. Financial Overview

12.2.3. Products/Services/Solutions Offered

12.2.4. Key Developments

12.2.5. SWOT Analysis

12.2.6. Key Strategies

12.3. NUTECH Gesellschaft für Lasertechnik und Materialprüfung mbH (Germany)

12.3.1. Company Overview

12.3.2. Financial Overview

12.3.3. Products/Services/Solutions Offered

12.3.4. Key Developments

12.3.5. SWOT Analysis

12.3.6. Key Strategies

12.4. Höganäs AB (Sweden)

12.4.1. Company Overview

12.4.2. Financial Overview

12.4.3. Products/Services/Solutions Offered

12.4.4. Key Developments

12.4.5. SWOT Analysis

12.4.6. Key Strategies

12.5. OC Oerlikon Management AG (Switzerland)

12.5.1. Company Overview

12.5.2. Financial Overview

12.5.3. Products/Services/Solutions Offered

12.5.4. Key Developments

12.5.5. SWOT Analysis

12.5.6. Key Strategies

12.6. Titanova, Inc. (US)

12.6.1. Company Overview

12.6.2. Financial Overview

12.6.3. Products/Services/Solutions Offered

12.6.4. Key Developments

12.6.5. SWOT Analysis

12.6.6. Key Strategies

12.7. YANMAR HOLDINGS CO., LTD (India)

12.7.1. Company Overview

12.7.2. Financial Overview

12.7.3. Products/Services/Solutions Offered

12.7.4. Key Developments

12.7.5. SWOT Analysis

12.7.6. Key Strategies

12.8. Hardchrome Engineering (Australia)

12.8.1. Company Overview

12.8.2. Financial Overview

12.8.3. Products/Services/Solutions Offered

12.8.4. Key Developments

12.8.5. SWOT Analysis

12.8.6. Key Strategies

12.9. LaserBond Ltd (Australia)

12.9.1. Company Overview

12.9.2. Financial Overview

12.9.3. Products/Services/Solutions Offered

12.9.4. Key Developments

12.9.5. SWOT Analysis

12.9.6. Key Strategies

12.10. Praxair S.T. Technology, Inc. (US)

12.10.1. Company Overview

12.10.2. Financial Overview

12.10.3. Products/Services/Solutions Offered

12.10.4. Key Developments

12.10.5. SWOT Analysis

12.10.6. Key Strategies

12.11. JENOPTIK AG (Germany)

12.11.1. Company Overview

12.11.2. Financial Overview

12.11.3. Products/Services/Solutions Offered

12.11.4. Key Developments

12.11.5. SWOT Analysis

12.11.6. Key Strategies

12.12. TRUMPF (Germany)

12.12.1. Company Overview

12.12.2. Financial Overview

12.12.3. Products/Services/Solutions Offered

12.12.4. Key Developments

12.12.5. SWOT Analysis

12.12.6. Key Strategies

12.13. Coherent, Inc. (US)

12.13.1. Company Overview

12.13.2. Financial Overview

12.13.3. Products/Services/Solutions Offered

12.13.4. Key Developments

12.13.5. SWOT Analysis

12.13.6. Key Strategies

12.14. LUMIBIRD (France)

12.14.1. Company Overview

12.14.2. Financial Overview

12.14.3. Products/Services/Solutions Offered

12.14.4. Key Developments

12.14.5. SWOT Analysis

12.14.6. Key Strategies

12.15. Alabama Specialty Products, Inc. (US)

12.15.1. Company Overview

12.15.2. Financial Overview

12.15.3. Products/Services/Solutions Offered

12.15.4. Key Developments

12.15.5. SWOT Analysis

12.15.6. Key Strategies

LIST OF TABLES

TABLE 1 LIST OF ASSUMPTIONS

TABLE 2 GLOBAL LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 3 GLOBAL LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 4 GLOBAL LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 5 GLOBAL LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 6 GLOBAL LASER CLADDING MARKET, BY REGION, 2019–2027 (USD MILLION)

TABLE 7 NORTH AMERICA: LASER CLADDING MARKET, BY COUNTRY, 2019–2027 (USD MILLION)

TABLE 8 NORTH AMERICA: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 9 NORTH AMERICA: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 10 NORTH AMERICA: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 11 NORTH AMERICA: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 12 US: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 13 US: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 14 US: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 15 US: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 16 CANADA: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 17 CANADA: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 18 CANADA: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 19 CANADA: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 20 MEXICO: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 21 MEXICO: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 22 MEXICO: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 23 MEXICO: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 24 EUROPE: LASER CLADDING MARKET, BY COUNTRY, 2019–2027 (USD MILLION)

TABLE 25 EUROPE: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 26 EUROPE: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 27 EUROPE: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 28 EUROPE: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 29 GERMANY: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 30 GERMANY: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 31 GERMANY: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 32 GERMANY: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 33 UK: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 34 UK: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 35 UK: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 36 UK: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 37 FRANCE: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 38 FRANCE: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 39 FRANCE: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 40 FRANCE: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 41 REST OF EUROPE: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 42 REST OF EUROPE: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 43 REST OF EUROPE: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 44 REST OF EUROPE: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 45 ASIA-PACIFIC: LASER CLADDING MARKET, BY COUNTRY, 2019–2027 (USD MILLION)

TABLE 46 ASIA-PACIFIC: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 47 ASIA-PACIFIC: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 48 ASIA-PACIFIC: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 49 ASIA-PACIFIC: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 50 CHINA: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 51 CHINA: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 52 CHINA: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 53 CHINA: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 54 JAPAN: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 55 JAPAN: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 56 JAPAN: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 57 JAPAN: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 58 INDIA: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 59 INDIA: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 60 INDIA: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 61 INDIA: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 62 REST OF ASIA-PACIFIC: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 63 REST OF ASIA-PACIFIC: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 64 REST OF ASIA-PACIFIC: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 65 REST OF ASIA-PACIFIC: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 66 MIDDLE EAST & AFRICA: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 67 MIDDLE EAST & AFRICA: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 68 MIDDLE EAST & AFRICA: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 69 MIDDLE EAST & AFRICA: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

TABLE 70 SOUTH AMERICA: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

TABLE 71 SOUTH AMERICA: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

TABLE 72 SOUTH AMERICA: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

TABLE 73 SOUTH AMERICA: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)



LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS

FIGURE 2 RESEARCH PROCESS OF MRFR

FIGURE 3 TOP-DOWN & BOTTOM-UP APPROACH

FIGURE 4 GLOBAL LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

FIGURE 5 GLOBAL LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

FIGURE 6 GLOBAL LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

FIGURE 7 GLOBAL LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

FIGURE 8 GLOBAL LASER CLADDING MARKET, BY REGION, 2019-2027 (USD MILLION)

FIGURE 9 NORTH AMERICA: LASER CLADDING MARKET, BY COUNTRY, 2019–2027 (USD MILLION)

FIGURE 10 NORTH AMERICA: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

FIGURE 11 NORTH AMERICA: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

FIGURE 12 NORTH AMERICA: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

FIGURE 13 NORTH AMERICA: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

FIGURE 14 EUROPE: LASER CLADDING MARKET, BY COUNTRY, 2019–2027 (USD MILLION)

FIGURE 15 EUROPE: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

FIGURE 16 EUROPE: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

FIGURE 17 EUROPE: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

FIGURE 18 EUROPE: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

FIGURE 19 ASIA-PACIFIC: LASER CLADDING MARKET, BY COUNTRY, 2019–2027 (USD MILLION)

FIGURE 20 ASIA-PACIFIC: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

FIGURE 21 ASIA-PACIFIC: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

FIGURE 22 ASIA-PACIFIC: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

FIGURE 23 ASIA-PACIFIC: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

FIGURE 24 MIDDLE EAST & AFRICA: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

FIGURE 25 MIDDLE EAST & AFRICA: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

FIGURE 26 MIDDLE EAST & AFRICA: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

FIGURE 27 MIDDLE EAST & AFRICA: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)

FIGURE 28 SOUTH AMERICA: LASER CLADDING MARKET, BY TYPE, 2019–2027 (USD MILLION)

FIGURE 29 SOUTH AMERICA: LASER CLADDING MARKET, BY REVENUE, 2019–2027 (USD MILLION)

FIGURE 30 SOUTH AMERICA: LASER CLADDING MARKET, BY MATERIAL, 2019–2027 (USD MILLION)

FIGURE 31 SOUTH AMERICA: LASER CLADDING MARKET, BY INDUSTRY VERTICAL, 2019–2027 (USD MILLION)