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Laser Cladding Service Market Size, Share, Growth & Trends Analysis Report By Type, Application, and Segment Forecasts, 2021 to 2027
Published Date: July 2021
|
Report Code: QYRE-Auto-39S932
Home | Market Reports | Business & Industrial | Chemicals Industry
Global Laser Cladding Service Market Size Status and Forecast 2021 2027

Laser Cladding Service Market Size, Share, Growth & Trends Analysis Report By Type, Application, and Segment Forecasts, 2021 to 2027

Code: QYRE-Auto-39S932
Report
July 2021
Pages:122
QYResearch
Description
Table of Content
Tables & Figures

Laser Cladding Service Market Statistics 2027

In 2021, the global Laser Cladding Service market size will be US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% during 2021-2027. Key drivers of the laser cladding service market include extensive use in mold manufacturing, repair, and maintenance.Laser cladding services are used in aircraft engines and other crucial components in the aerospace industry which is expected to fuel the growth of the laser cladding service market during the forecast period. The significant applications in the oil and gas, and automobile industries will drive the demand for the market in the coming years. The rapid use in mining, construction, and agricultural industries will bolster the growth prospects of the market in the future. 

TRENDS INFLUENCING THE GLOBAL LASER CLADDING SERVICE MARKET

Manufacturing sector trends

Laser cladding largely improves the surface tension of a hard structure. It molds the substance and enhances its hardness, corrosion resistance, fatigue, and service life. The repair costs are reduced greatly. It is highly effective in manufacturing low-cost metal substrates and dyes preventing vulnerabilities related to wear and tear, oxidation, etc. A high-power laser beam is used as a heat source for repairing large volume areas and workpieces such as steel rolls. The efficient molding process solidifies and shortens the development time of important raw materials. These factors will spur the growth of the laser cladding service market in the coming years.

Aerospace industry

Metal degradation is a common aspect of aircraft engines and other crucial parts. This is due to hot corrosion, high-temperature exposure, and gradual particle erosion. The aircraft sector has adopted laser cladding across various spectrums for cold spraying, 3D printing, maintenance, and production of vital engine components. Other manufactured materials involve turbine blades and landing gear structures. As the aerospace vertical expands, so will the need for newer and more efficient parts, which in turn will drive the expansion of the laser cladding service market during the forecast period. 

Oil, gas, and automotive industry deployment

The oil and gas industry suffers from a variety of problems that can result in huge financial losses, oil spills, and ecological degradation. Chemical attacks, erosion, and unfavorable weather exposure are some of the factors that affect the industry as a whole. Laser cladding improves the service life and reliability of important components. It is used in pump shafts, drilling, rotors, extruders, compressors, etc. Moreover, the automobile industry has the pressure to develop low-cost vehicular parts with added speed, reliability, and performance. By cladding pistons, brake discs, cylinders and synchronization rings the service life and durability become way more efficient and last longer. The large-scale applications in these sectors will boost the growth of the laser cladding service market during the forecast period. 

Mining, construction, and agricultural sector

Laser cladding provides that extra protective coat on machines and systems that prolong the shelf life of the materials. Replacement costs are eliminated saving up lots of money for construction companies. The mining industry implements laser cladding for spraying the coat on hydraulic cylinders as they are regularly exposed to corrosion and leakages. It is effectively used in hardware components of tractors, engines, hydraulic hoses, and assemblies for decreasing overall downtime, and reducing the stress of the machine parts. These widespread adoptions will augment the growth of the laser cladding service market in the upcoming years.

LASER CLADDING SERVICE MARKET SHARE ANALYSIS

Based on type, wear resistance is expected to dominate in the laser cladding service market share. Wear and tear resistance is reduced drastically as laser cladding provides an additional coating to the surface components of materials. 

Based on application, the aircraft and aerospace industry is expected to witness considerable growth in the laser cladding service market share as major engine producers are using laser cladding services for printing and spraying in the entire industry vertical.

Based on region, Asia-Pacific is likely to provide lucrative opportunities for growth in the laser cladding service market share due to huge R&D initiatives in cladding processes and the presence of several companies, and startups in the region. 

Laser Cladding Service Market by Type

  • Wear Resistance
  • Corrosion Resistance
  • Others

Laser Cladding Service Market by Application

  • Mould and Tool
  • Aircraft and Aerospace
  • Automotive Industry
  • Oil and Gas
  • Mining and Construction
  • Agriculture
  • Others

Laser Cladding Service Market by Region

  • North America
  • Europe
  • Japan
  • China
  • Southeast Asia
  • India

Major Players in the Laser Cladding Service Market

  • Oerlikon Metco
  • Hayden Laser Services, LLC
  • Laser Cladding Services Pty Ltd
  • Thermal Spray Depot
  • Apollo Machine & Welding Ltd
  • Alabama Laser
  • STORK
  • Coherent (OR Laser)
  • American Cladding Technologies
  • Titanova
  • Precitec Group
  • Hardchrome Engineering
  • Flame Spray Technologies BV
  • Laserline GmbH
  • Whitfield Welding Inc

Scope of the Laser Cladding Service Market Report

Report Metric

Details

Report Name

Laser Cladding Service Market

Base year considered

2019

Market size available for years

2021-2027

Forecast units

Value (USD)

Segments covered

Type, End-User, Offerings, and Region

Report coverage

Revenue & volume forecast, company share, competitive landscape, growth factors, and trends

Geographic regions covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Frequently Asked Questions About This Report

1. Who are the key players in the laser cladding service market?

Ans. Some of the key players are Oerlikon Metco, Hayden Laser Services, LLC, Laser Cladding Services Pty Ltd, Thermal Spray Depot, Apollo Machine & Welding Ltd, Alabama Laser, Stork, Coherent (OR Laser), American Cladding Technologies, Titanova, Precitec Group, Hardchrome Engineering, Flame Spray Technologies BV, Laserline GmbH, Whitfield Welding Inc, China, Oerlikon, India, Others.

2. What would be the forecast period in the laser cladding service market?

Ans. The forecast period for the laser cladding service market is 2021 to 2027

Table of Content
 
 
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Laser Cladding Service Market Size Growth Rate by Type (2021-2027)
1.2.2 Wear Resistance
1.2.3 Corrosion Resistance
1.2.4 Others
1.3 Market by Application
1.3.1 Global Laser Cladding Service Market Share by Application (2021-2027)
1.3.2 Mould and Tool
1.3.3 Aircraft and Aerospace
1.3.4 Automotive Industry
1.3.5 Oil and Gas
1.3.6 Mining and Construction
1.3.7 Agriculture
1.3.8 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Laser Cladding Service Market Size
2.2 Laser Cladding Service Market Size by Regions
2.2.1 Laser Cladding Service Growth Rate by Regions (2021-2027)
2.2.2 Laser Cladding Service Market Share by Regions (2021-2027)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Use Cases
3 Key Players
3.1 Laser Cladding Service Revenue by Players (2020-2021)
3.2 Laser Cladding Service Key Players Headquaters and Area Served
3.3 Key Players Laser Cladding Service Product/Solution/Service
3.4 Date of Enter into Laser Cladding Service Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown by Type and by Application
4.1 Global Laser Cladding Service Market Size by Type (2021-2027)
4.2 Global Laser Cladding Service Market Size by Application (2021-2027)
5 North America
5.1 North America Laser Cladding Service Market Forecast (2021-2027)
5.2 Laser Cladding Service Key Players in North America
5.3 North America Laser Cladding Service Market Size by Type
5.4 North America Laser Cladding Service Market Size by Application
6.4.4 Canada
6 Europe
6.1 Europe Laser Cladding Service Market Forecast (2021-2027)
6.2 Laser Cladding Service Key Players in Europe
6.3 Europe Laser Cladding Service Market Size by Type
6.4 Europe Laser Cladding Service Market Size by Application
7 Japan
7.1 Japan Laser Cladding Service Market Forecast (2021-2027)
7.2 Laser Cladding Service Key Players in Europe
7.3 Japan Laser Cladding Service Market Size by Type
7.4 Japan Laser Cladding Service Market Size by Application
8 Rest of World
8.1 China
8.1.1 China Laser Cladding Service Market Analysis
8.1.2 Key Players in China
8.2 Southeast Asia
8.2.1 Southeast Asia Laser Cladding Service Market Analysis
8.2.2 Key Players in Southeast Asia
8.3 India
8.3.1 India Laser Cladding Service Market Analysis
8.3.2 Key Players in India
9 International Player Profiles
9.1 Oerlikon Metco
9.1.1 Oerlikon Metco Company Details
9.1.2 Oerlikon Metco Description and Business Overview
9.1.3 Oerlikon Metco Laser Cladding Service Introduction
9.1.4 Oerlikon Metco Revenue in Laser Cladding Service Business (2020-2021)
9.1.5 Oerlikon Metco Recent Development
9.2 Hayden Laser Services, LLC
9.2.1 Hayden Laser Services, LLC Company Details
9.2.2 Hayden Laser Services, LLC Description and Business Overview
9.2.3 Hayden Laser Services, LLC Laser Cladding Service Introduction
9.2.4 Hayden Laser Services, LLC Revenue in Laser Cladding Service Business (2020-2021)
9.2.5 Hayden Laser Services, LLC Recent Development
9.3 Laser Cladding Services Pty Ltd
9.3.1 Laser Cladding Services Pty Ltd Company Details
9.3.2 Laser Cladding Services Pty Ltd Description and Business Overview
9.3.3 Laser Cladding Services Pty Ltd Laser Cladding Service Introduction
9.3.4 Laser Cladding Services Pty Ltd Revenue in Laser Cladding Service Business (2020-2021)
9.3.5 Laser Cladding Services Pty Ltd Recent Development
9.4 Thermal Spray Depot
9.4.1 Thermal Spray Depot Company Details
9.4.2 Thermal Spray Depot Description and Business Overview
9.4.3 Thermal Spray Depot Laser Cladding Service Introduction
9.4.4 Thermal Spray Depot Revenue in Laser Cladding Service Business (2020-2021)
9.4.5 Thermal Spray Depot Recent Development
9.5 Apollo Machine & Welding Ltd
9.5.1 Apollo Machine & Welding Ltd Company Details
9.5.2 Apollo Machine & Welding Ltd Description and Business Overview
9.5.3 Apollo Machine & Welding Ltd Laser Cladding Service Introduction
9.5.4 Apollo Machine & Welding Ltd Revenue in Laser Cladding Service Business (2020-2021)
9.5.5 Apollo Machine & Welding Ltd Recent Development
9.6 Alabama Laser
9.6.1 Alabama Laser Company Details
9.6.2 Alabama Laser Description and Business Overview
9.6.3 Alabama Laser Laser Cladding Service Introduction
9.6.4 Alabama Laser Revenue in Laser Cladding Service Business (2020-2021)
9.6.5 Alabama Laser Recent Development
9.7 STORK
9.7.1 STORK Company Details
9.7.2 STORK Description and Business Overview
9.7.3 STORK Laser Cladding Service Introduction
9.7.4 STORK Revenue in Laser Cladding Service Business (2020-2021)
9.7.5 STORK Recent Development
9.8 Coherent (OR Laser)
9.8.1 Coherent (OR Laser) Company Details
9.8.2 Coherent (OR Laser) Description and Business Overview
9.8.3 Coherent (OR Laser) Laser Cladding Service Introduction
9.8.4 Coherent (OR Laser) Revenue in Laser Cladding Service Business (2020-2021)
9.8.5 Coherent (OR Laser) Recent Development
9.9 American Cladding Technologies
9.9.1 American Cladding Technologies Company Details
9.9.2 American Cladding Technologies Description and Business Overview
9.9.3 American Cladding Technologies Laser Cladding Service Introduction
9.9.4 American Cladding Technologies Revenue in Laser Cladding Service Business (2020-2021)
9.9.5 American Cladding Technologies Recent Development
9.10 Titanova
9.10.1 Titanova Company Details
9.10.2 Titanova Description and Business Overview
9.10.3 Titanova Laser Cladding Service Introduction
9.10.4 Titanova Revenue in Laser Cladding Service Business (2020-2021)
9.10.5 Titanova Recent Development
9.11 Precitec Group
9.11.1 Precitec Group Company Details
9.11.2 Precitec Group Description and Business Overview
9.11.3 Precitec Group Laser Cladding Service Introduction
9.11.4 Precitec Group Revenue in Laser Cladding Service Business (2020-2021)
9.11.5 Precitec Group Recent Development
9.12 Hardchrome Engineering
9.12.1 Hardchrome Engineering Company Details
9.12.2 Hardchrome Engineering Description and Business Overview
9.12.3 Hardchrome Engineering Laser Cladding Service Introduction
9.12.4 Hardchrome Engineering Revenue in Laser Cladding Service Business (2020-2021)
9.12.5 Hardchrome Engineering Recent Development
9.13 Flame Spray Technologies BV
9.13.1 Flame Spray Technologies BV Company Details
9.13.2 Flame Spray Technologies BV Description and Business Overview
9.13.3 Flame Spray Technologies BV Laser Cladding Service Introduction
9.13.4 Flame Spray Technologies BV Revenue in Laser Cladding Service Business (2020-2021)
9.13.5 Flame Spray Technologies BV Recent Development
9.14 Laserline GmbH
9.14.1 Laserline GmbH Company Details
9.14.2 Laserline GmbH Description and Business Overview
9.14.3 Laserline GmbH Laser Cladding Service Introduction
9.14.4 Laserline GmbH Revenue in Laser Cladding Service Business (2020-2021)
9.14.5 Laserline GmbH Recent Development
9.15 Whitfield Welding Inc
9.15.1 Whitfield Welding Inc Company Details
9.15.2 Whitfield Welding Inc Description and Business Overview
9.15.3 Whitfield Welding Inc Laser Cladding Service Introduction
9.15.4 Whitfield Welding Inc Revenue in Laser Cladding Service Business (2020-2021)
9.15.5 Whitfield Welding Inc Recent Development
10 Market Dynamics
10.1 Industry Trends
10.2 Market Drives
10.3 Market Challenges
10.4 Market Restraints
11 Key Findings in This Report
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.2 Data Source
12.2 Disclaimer
12.3 Author Details
List of Tables
    Table 1. Global Laser Cladding Service Market Size Growth Rate by Type (2021-2027) (US$ Million)
    Table 2. Key Players of Wear Resistance
    Table 3. Key Players of Corrosion Resistance
    Table 4. Key Players of Others
    Table 5. Global Laser Cladding Service Market Size Growth by Application (2021-2027) (US$ Million)
    Table 6. Global Laser Cladding Service Market Size by Regions (2021-2027) (US$ Million)
    Table 7. Global Laser Cladding Service Market Share by Regions (2021-2027)
    Table 8. Market Top Trends
    Table 9. Market Use Cases
    Table 10. Global Laser Cladding Service Revenue by Players (2020-2021) (US$ Million)
    Table 11. Global Laser Cladding Service Market Share by Players (2020-2021)
    Table 12. Key Players Headquarters and Area Served
    Table 13. Key Players Laser Cladding Service Product Solution and Service
    Table 14. Date of Enter into Laser Cladding Service Market
    Table 15. Mergers & Acquisitions, Expansion Plans
    Table 16. Global Laser Cladding Service Market Size by Type (2021-2027) (US$ Million)
    Table 17. Global Laser Cladding Service Market Size Share by Type (2021-2027)
    Table 18. Global Laser Cladding Service Market Size by Application (2021-2027) (US$ Million)
    Table 19. Global Laser Cladding Service Market Size Share by Application (2021-2027)
    Table 20. North America Key Players Laser Cladding Service Revenue (2020-2021) (US$ Million)
    Table 21. North America Key Players Laser Cladding Service Market Share (2020-2021)
    Table 22. North America Laser Cladding Service Market Size by Type (2021-2027) (US$ Million)
    Table 23. North America Laser Cladding Service Market Share by Type (2021-2027)
    Table 24. North America Laser Cladding Service Market Size by Application (2021-2027) (US$ Million)
    Table 25. North America Laser Cladding Service Market Share by Application (2021-2027)
    Table 26. Europe Key Players Laser Cladding Service Revenue (2020-2021) (US$ Million)
    Table 27. Europe Key Players Laser Cladding Service Market Share (2020-2021)
    Table 28. Europe Laser Cladding Service Market Size by Type (2021-2027) (US$ Million)
    Table 29. Europe Laser Cladding Service Market Share by Type (2021-2027)
    Table 30. Europe Laser Cladding Service Market Size by Application (2021-2027) (US$ Million)
    Table 31. Europe Laser Cladding Service Market Share by Application (2021-2027)
    Table 32. Japan Key Players Laser Cladding Service Revenue (2020-2021) (US$ Million)
    Table 33. Japan Key Players Laser Cladding Service Market Share (2020-2021)
    Table 34. Japan Laser Cladding Service Market Size by Type (2021-2027) (US$ Million)
    Table 35. Japan Laser Cladding Service Market Share by Type (2021-2027)
    Table 36. Japan Laser Cladding Service Market Size by Application (2021-2027) (US$ Million)
    Table 37. Japan Laser Cladding Service Market Share by Application (2021-2027)
    Table 38. Key Players in China
    Table 39. Key Players in Southeast Asia
    Table 40. Key Players in India
    Table 41. Oerlikon Metco Company Details
    Table 42. Oerlikon Metco Description and Business Overview
    Table 43. Oerlikon Metco Laser Cladding Service Product
    Table 44. Oerlikon Metco Revenue in Laser Cladding Service Business 2020 and 2021
    Table 45. Oerlikon Metco Recent Development
    Table 46. Hayden Laser Services, LLC Company Details
    Table 47. Hayden Laser Services, LLC Description and Business Overview
    Table 48. Hayden Laser Services, LLC Laser Cladding Service Product
    Table 49. Hayden Laser Services, LLC Revenue in Laser Cladding Service Business 2020 and 2021
    Table 50. Hayden Laser Services, LLC Recent Development
    Table 51. Laser Cladding Services Pty Ltd Company Details
    Table 52. Laser Cladding Services Pty Ltd Description and Business Overview
    Table 53. Laser Cladding Services Pty Ltd Laser Cladding Service Product
    Table 54. Laser Cladding Services Pty Ltd Revenue in Laser Cladding Service Business 2020 and 2021
    Table 55. Laser Cladding Services Pty Ltd Recent Development
    Table 56. Thermal Spray Depot Company Details
    Table 57. Thermal Spray Depot Description and Business Overview
    Table 58. Thermal Spray Depot Laser Cladding Service Product
    Table 59. Thermal Spray Depot Revenue in Laser Cladding Service Business 2020 and 2021
    Table 60. Thermal Spray Depot Recent Development
    Table 61. Apollo Machine & Welding Ltd Company Details
    Table 62. Apollo Machine & Welding Ltd Description and Business Overview
    Table 63. Apollo Machine & Welding Ltd Laser Cladding Service Product
    Table 64. Apollo Machine & Welding Ltd Revenue in Laser Cladding Service Business 2020 and 2021
    Table 65. Apollo Machine & Welding Ltd Recent Development
    Table 66. Alabama Laser Company Details
    Table 67. Alabama Laser Description and Business Overview
    Table 68. Alabama Laser Laser Cladding Service Product
    Table 69. Alabama Laser Revenue in Laser Cladding Service Business 2020 and 2021
    Table 70. Alabama Laser Recent Development
    Table 71. STORK Company Details
    Table 72. STORK Description and Business Overview
    Table 73. STORK Laser Cladding Service Product
    Table 74. STORK Revenue in Laser Cladding Service Business 2020 and 2021
    Table 75. STORK Recent Development
    Table 76. Coherent (OR Laser) Company Details
    Table 77. Coherent (OR Laser) Description and Business Overview
    Table 78. Coherent (OR Laser) Laser Cladding Service Product
    Table 79. Coherent (OR Laser) Revenue in Laser Cladding Service Business 2020 and 2021
    Table 80. Coherent (OR Laser) Recent Development
    Table 81. American Cladding Technologies Company Details
    Table 82. American Cladding Technologies Description and Business Overview
    Table 83. American Cladding Technologies Laser Cladding Service Product
    Table 84. American Cladding Technologies Revenue in Laser Cladding Service Business 2020 and 2021
    Table 85. American Cladding Technologies Recent Development
    Table 86. Titanova Company Details
    Table 87. Titanova Description and Business Overview
    Table 88. Titanova Laser Cladding Service Product
    Table 89. Titanova Revenue in Laser Cladding Service Business 2020 and 2021
    Table 90. Titanova Recent Development
    Table 91. Precitec Group Company Details
    Table 92. Precitec Group Description and Business Overview
    Table 93. Precitec Group Laser Cladding Service Product
    Table 94. Precitec Group Revenue in Laser Cladding Service Business 2020 and 2021
    Table 95. Precitec Group Recent Development
    Table 96. Hardchrome Engineering Company Details
    Table 97. Hardchrome Engineering Description and Business Overview
    Table 98. Hardchrome Engineering Laser Cladding Service Product
    Table 99. Hardchrome Engineering Revenue in Laser Cladding Service Business 2020 and 2021
    Table 100. Hardchrome Engineering Recent Development
    Table 101. Flame Spray Technologies BV Company Details
    Table 102. Flame Spray Technologies BV Description and Business Overview
    Table 103. Flame Spray Technologies BV Laser Cladding Service Product
    Table 104. Flame Spray Technologies BV Revenue in Laser Cladding Service Business 2020 and 2021
    Table 105. Flame Spray Technologies BV Recent Development
    Table 106. Laserline GmbH Company Details
    Table 107. Laserline GmbH Description and Business Overview
    Table 108. Laserline GmbH Laser Cladding Service Product
    Table 109. Laserline GmbH Revenue in Laser Cladding Service Business 2020 and 2021
    Table 110. Laserline GmbH Recent Development
    Table 111. Whitfield Welding Inc Company Details
    Table 112. Whitfield Welding Inc Description and Business Overview
    Table 113. Whitfield Welding Inc Laser Cladding Service Product
    Table 114. Whitfield Welding Inc Revenue in Laser Cladding Service Business 2020 and 2021
    Table 115. Whitfield Welding Inc Recent Development
    Table 116. Laser Cladding Service Market Trends
    Table 117. Laser Cladding Service Market Drivers
    Table 118. Laser Cladding Service Market Challenges
    Table 119. Laser Cladding Service Market Restraints
    Table 120. Research Programs/Design for This Report
    Table 121. Key Data Information from Secondary Sources
    Table 122. Key Data Information from Primary Sources
List of Figures
    Figure 1. Global Laser Cladding Service Market Share by Type in 2021 & 2027
    Figure 2. Wear Resistance Features
    Figure 3. Corrosion Resistance Features
    Figure 4. Others Features
    Figure 5. Global Laser Cladding Service Market Share by Application in 2021 & 2027
    Figure 6. Mould and Tool Case Studies
    Figure 7. Aircraft and Aerospace Case Studies
    Figure 8. Automotive Industry Case Studies
    Figure 9. Oil and Gas Case Studies
    Figure 10. Mining and Construction Case Studies
    Figure 11. Agriculture Case Studies
    Figure 12. Others Case Studies
    Figure 13. Laser Cladding Service Report Years Considered
    Figure 14. Global Laser Cladding Service Market Size and Growth Rate (2020-2027) (US$ Million)
    Figure 15. Global Laser Cladding Service Market Share by Regions (2020-2027)
    Figure 16. Global Laser Cladding Service Market Share by Players in 2021
    Figure 17. Global Laser Cladding Service Market Size Market Share by Type (2021-2027)
    Figure 18. Global Laser Cladding Service Market Size Market Share by Application (2021-2027)
    Figure 19. Global Laser Cladding Service Revenue Market Share by Application in 2021
    Figure 20. North America Laser Cladding Service Market Size 2021-2027 (US$ Million)
    Figure 21. Europe Laser Cladding Service Market Size 2021-2027 (US$ Million)
    Figure 22. Japan Laser Cladding Service Market Size 2021-2027 (US$ Million)
    Figure 23. Laser Cladding Service Market Size in China (2021-2027) (US$ Million)
    Figure 24. Laser Cladding Service Market Size in Southeast Asia (2021-2027) (US$ Million)
    Figure 25. Laser Cladding Service Market Size in India (2021-2027) (US$ Million)
    Figure 26. Bottom-up and Top-down Approaches for This Report
    Figure 27. Data Triangulation
    Figure 28. Key Executives Interviewed
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