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 types, solid lasers are expected to grow
at a higher CAGR during the forecast period. The growth is likely
because of the ability of solid lasers to prevent material wastage when
in the active medium and produce both continuous and pulsed output at a
higher efficiency. Some of the major advantages include Zero waste
material production and ease of access, for a wide range of application
areas such as art and heritage sites restoration and for use in
industrial areas such as nuclear reactors and power plants.
The laser cleaning market, on the basis of laser
types, has been segmented into solid and gas lasers. The solid lasers
segment includes YAG and fiber lasers. Major players in the solid laser
market include IPG Photonics (US), Coherent (US), Trumpf (Germany), and
Adapt Laser Systems (US). The market is dominated by the YAG laser
segment as YAG lasers that are extensively used are Nd:YAG, flash-pumped
Q-switched Nd:YAG, arc-lamp pumped Q-switched Nd: YAG, and diode-pumped
Q-switched Nd: YAG 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.
APAC held the fastest growth rate during the forecast
period. 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 in the market for laser cleaning in APAC
is also driven by the soaring infrastructure market in the region.
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