Laser Cleaning Market - Forecasts From 2018 to 2023
The Laser Cleaning Market is projected to grow at a CAGR of 6.05% to reach US$752.274 million by 2023, from US$528.780 million in 2017. The laser cleaning market will grow on account of increasing preference towards laser cleaning over traditional methods, as it provides more accuracy and causes minimal damage, and the rising demand for varied applications such as art restoration, mould cleaning, and paint removal among many others. However, the high initial costs and limited technical knowledge required for operating these lasers are some of the factors restraining the demand for laser cleaning. The North American region holds a significant share in the market due to the early adoption of technology and the presence of some key market players. The Asia Pacific market will show many growth opportunities due to its increasing need for industrial and archaeological cleaning and restoration over the forecast period.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the laser cleaning value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the laser cleaning market.
Major industry players profiled as part of the report are Coherent, IPG Photonics Corporation, Clean Lasersysteme GmbH, Advanced Laser Technologies (ALT) Ltd., General Lasertronics, among others.
Segmentation
The laser cleaning market has been analyzed through following segments:
By Power
Low Power
Mid Power
High Power
By Component
Hardware
Software
Services
By Application
Contamination Removal
Mold Cleaning
Paint Removal
Art Restoration
Others
By Geography
North America
South America
Europe
Middle East and Africa
Asia Pacific
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the laser cleaning value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the laser cleaning market.
Major industry players profiled as part of the report are Coherent, IPG Photonics Corporation, Clean Lasersysteme GmbH, Advanced Laser Technologies (ALT) Ltd., General Lasertronics, among others.
Segmentation
The laser cleaning market has been analyzed through following segments:
By Power
Low Power
Mid Power
High Power
By Component
Hardware
Software
Services
By Application
Contamination Removal
Mold Cleaning
Paint Removal
Art Restoration
Others
By Geography
North America
South America
Europe
Middle East and Africa
Asia Pacific
1. INTRODUCTION
1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
1.4. CURRENCY
1.5. ASSUMPTIONS
1.6. BASE, AND FORECAST YEARS TIMELINE
2. RESEARCH METHODOLOGY
2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. MARKET SEGMENTATION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. MARKET OPPORTUNITIES
4.5. PORTER’S FIVE FORCE ANALYSIS
4.5.1. BARGAINING POWER OF SUPPLIERS
4.5.2. BARGAINING POWER OF BUYERS
4.5.3. THREAT OF NEW ENTRANTS
4.5.4. THREAT OF SUBSTITUTES
4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY
4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT
4.7. MARKET ATTRACTIVENESS
5. LASER CLEANING MARKET BY POWER
5.1. LOW POWER
5.2. MID POWER
5.3. HIGH POWER
6. LASER CLEANING MARKET BY COMPONENT
6.1. HARDWARE
6.2. SOFTWARE
6.3. SERVICES
7. LASER CLEANING MARKET BY APPLICATION
7.1. CONTAMINATION REMOVAL
7.2. MOLD CLEANING
7.3. PAINT REMOVAL
7.4. ART RESTORATION
7.5. OTHERS
8. LASER CLEANING MARKET BY GEOGRAPHY
8.1. NORTH AMERICA
8.2. SOUTH AMERICA
8.3. EUROPE
8.4. MIDDLE EAST AND AFRICA
8.5. ASIA PACIFIC
9. COMPETITIVE INTELLIGENCE
9.1. Market Share Analysis
9.2. RECENT INVESTMENT AND DEALS
9.3. STRATEGIES OF KEY PLAYERS
10. COMPANY PROFILES
10.1. COHERENT
10.1.1. COMPANY OVERVIEW
10.1.2. FINANCIALS
10.1.3. PRODUCTS AND SERVICES
10.1.4. RECENT DEVELOPMENTS
10.2. IPG PHOTONICS CORPORATION
10.2.1. COMPANY OVERVIEW
10.2.2. FINANCIALS
10.2.3. PRODUCTS AND SERVICES
10.2.4. RECENT DEVELOPMENTS
10.3. CLEAN LASERSYSTEME GMBH
10.3.1. COMPANY OVERVIEW
10.3.2. FINANCIALS
10.3.3. PRODUCTS AND SERVICES
10.3.4. RECENT DEVELOPMENTS
10.4. ADVANCED LASER TECHNOLOGIES (ALT) LTD.
10.4.1. COMPANY OVERVIEW
10.4.2. FINANCIALS
10.4.3. PRODUCTS AND SERVICES
10.4.4. RECENT DEVELOPMENTS
10.5. GENERAL LASERTRONICS
10.5.1. COMPANY OVERVIEW
10.5.2. FINANCIALS
10.5.3. PRODUCTS AND SERVICES
10.5.4. RECENT DEVELOPMENTS
10.6. LASERAX
10.6.1. COMPANY OVERVIEW
10.6.2. FINANCIALS
10.6.3. PRODUCTS AND SERVICES
10.6.4. RECENT DEVELOPMENTS
10.7. WHITE LION DRY ICE & LASER CLEANING TECHNOLOGY
10.7.1. COMPANY OVERVIEW
10.7.2. FINANCIALS
10.7.3. PRODUCTS AND SERVICES
10.7.4. RECENT DEVELOPMENTS
10.8. ANILOX ROLL CLEANING SYSTEMS
10.8.1. COMPANY OVERVIEW
10.8.2. FINANCIALS
10.8.3. PRODUCTS AND SERVICES
10.8.4. RECENT DEVELOPMENTS
10.9. LASER PHOTONICS
10.9.1. COMPANY OVERVIEW
10.9.2. FINANCIALS
10.9.3. PRODUCTS AND SERVICES
10.9.4. RECENT DEVELOPMENTS
10.10. ADAPT LASER SYSTEMS LLC
10.10.1. COMPANY OVERVIEW
10.10.2. FINANCIALS
10.10.3. PRODUCTS AND SERVICES
10.10.4. RECENT DEVELOPMENTS
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER 
1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
1.4. CURRENCY
1.5. ASSUMPTIONS
1.6. BASE, AND FORECAST YEARS TIMELINE
2. RESEARCH METHODOLOGY
2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. MARKET SEGMENTATION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. MARKET OPPORTUNITIES
4.5. PORTER’S FIVE FORCE ANALYSIS
4.5.1. BARGAINING POWER OF SUPPLIERS
4.5.2. BARGAINING POWER OF BUYERS
4.5.3. THREAT OF NEW ENTRANTS
4.5.4. THREAT OF SUBSTITUTES
4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY
4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT
4.7. MARKET ATTRACTIVENESS
5. LASER CLEANING MARKET BY POWER
5.1. LOW POWER
5.2. MID POWER
5.3. HIGH POWER
6. LASER CLEANING MARKET BY COMPONENT
6.1. HARDWARE
6.2. SOFTWARE
6.3. SERVICES
7. LASER CLEANING MARKET BY APPLICATION
7.1. CONTAMINATION REMOVAL
7.2. MOLD CLEANING
7.3. PAINT REMOVAL
7.4. ART RESTORATION
7.5. OTHERS
8. LASER CLEANING MARKET BY GEOGRAPHY
8.1. NORTH AMERICA
8.2. SOUTH AMERICA
8.3. EUROPE
8.4. MIDDLE EAST AND AFRICA
8.5. ASIA PACIFIC
9. COMPETITIVE INTELLIGENCE
9.1. Market Share Analysis
9.2. RECENT INVESTMENT AND DEALS
9.3. STRATEGIES OF KEY PLAYERS
10. COMPANY PROFILES
10.1. COHERENT
10.1.1. COMPANY OVERVIEW
10.1.2. FINANCIALS
10.1.3. PRODUCTS AND SERVICES
10.1.4. RECENT DEVELOPMENTS
10.2. IPG PHOTONICS CORPORATION
10.2.1. COMPANY OVERVIEW
10.2.2. FINANCIALS
10.2.3. PRODUCTS AND SERVICES
10.2.4. RECENT DEVELOPMENTS
10.3. CLEAN LASERSYSTEME GMBH
10.3.1. COMPANY OVERVIEW
10.3.2. FINANCIALS
10.3.3. PRODUCTS AND SERVICES
10.3.4. RECENT DEVELOPMENTS
10.4. ADVANCED LASER TECHNOLOGIES (ALT) LTD.
10.4.1. COMPANY OVERVIEW
10.4.2. FINANCIALS
10.4.3. PRODUCTS AND SERVICES
10.4.4. RECENT DEVELOPMENTS
10.5. GENERAL LASERTRONICS
10.5.1. COMPANY OVERVIEW
10.5.2. FINANCIALS
10.5.3. PRODUCTS AND SERVICES
10.5.4. RECENT DEVELOPMENTS
10.6. LASERAX
10.6.1. COMPANY OVERVIEW
10.6.2. FINANCIALS
10.6.3. PRODUCTS AND SERVICES
10.6.4. RECENT DEVELOPMENTS
10.7. WHITE LION DRY ICE & LASER CLEANING TECHNOLOGY
10.7.1. COMPANY OVERVIEW
10.7.2. FINANCIALS
10.7.3. PRODUCTS AND SERVICES
10.7.4. RECENT DEVELOPMENTS
10.8. ANILOX ROLL CLEANING SYSTEMS
10.8.1. COMPANY OVERVIEW
10.8.2. FINANCIALS
10.8.3. PRODUCTS AND SERVICES
10.8.4. RECENT DEVELOPMENTS
10.9. LASER PHOTONICS
10.9.1. COMPANY OVERVIEW
10.9.2. FINANCIALS
10.9.3. PRODUCTS AND SERVICES
10.9.4. RECENT DEVELOPMENTS
10.10. ADAPT LASER SYSTEMS LLC
10.10.1. COMPANY OVERVIEW
10.10.2. FINANCIALS
10.10.3. PRODUCTS AND SERVICES
10.10.4. RECENT DEVELOPMENTS
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER