Global Laser Cladding Equipment Market 2021-2025

Global Laser Cladding Equipment Market 2021-2025

Technavio has been monitoring the laser cladding equipment market and it is poised to grow by $ 16.33 mn during 2021-2025, progressing at a CAGR of over 3% during the forecast period. Our report on laser cladding equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the adoption of modern and efficient material hard-facing and coating technology and growing demand from mechanical component repair and renovation applications. In addition, adoption of modern and efficient material hard-facing and coating technology is anticipated to boost the growth of the market as well.

The laser cladding equipment market analysis includes end-user and power segments and geographic landscape.

Technavio's laser cladding equipment market is segmented as below:

By End-user

  • Industrial
  • Mining
  • Power generation
  • Others
By Power
  • High power
  • Low power
By Geographical Landscape
  • Europe
  • North America
  • APAC
  • MEA
  • South America
This study identifies the declining cost of laser systems as one of the prime reasons driving the laser cladding equipment market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on laser cladding equipment market covers the following areas:
  • Laser cladding equipment market sizing
  • Laser cladding equipment market forecast
  • Laser cladding equipment market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading laser cladding equipment market vendors that include ALPHA LASER GmbH, Coherent Inc., Fraunhofer Society for the Promotion of Applied Research eV, Gall and Seitz Systems GmbH, Hans Laser Technology Industry Group Co. Ltd., IPG Photonics Corp., KUKA AG, Laserline GmbH, OC Oerlikon Corp. AG, and TRUMPF GmbH + Co. KG. Also, the laser cladding equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Industrial machinery
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • Aftermarket and service
      • Industry innovations:
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025
      • Table Global - Market size and forecast 2020 - 2025 ($ million)
      • Table Global market: Year-over-year growth 2020 - 2025 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2020 & 2025
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2020
  • Market Segmentation by End-user
    • Market segments
      • Table End-user - Market share 2020-2025 (%)
    • Comparison by End-user
      • Table Comparison by End-user
    • Industrial - Market size and forecast 2020-2025
      • Table Industrial - Market size and forecast 2020-2025 ($ million)
      • Table Industrial - Year-over-year growth 2020-2025 (%)
    • Mining - Market size and forecast 2020-2025
      • Table Mining - Market size and forecast 2020-2025 ($ million)
      • Table Mining - Year-over-year growth 2020-2025 (%)
    • Power generation - Market size and forecast 2020-2025
      • Table Power generation - Market size and forecast 2020-2025 ($ million)
      • Table Power generation - Year-over-year growth 2020-2025 (%)
    • Others - Market size and forecast 2020-2025
      • Table Others - Market size and forecast 2020-2025 ($ million)
      • Table Others - Year-over-year growth 2020-2025 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user
  • Market Segmentation by Power
    • Market segments
      • Table Power - Market share 2020-2025 (%)
    • Comparison by Power
      • Table Comparison by Power
    • High power - Market size and forecast 2020-2025
      • Table High power - Market size and forecast 2020-2025 ($ million)
      • Table High power - Year-over-year growth 2020-2025 (%)
    • Low power - Market size and forecast 2020-2025
      • Table Low power - Market size and forecast 2020-2025 ($ million)
      • Table Low power - Year-over-year growth 2020-2025 (%)
    • Market opportunity by Power
      • Table Market opportunity by Power
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2020-2025 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2020-2025
      • Table Europe - Market size and forecast 2020-2025 ($ million)
      • Table Europe - Year-over-year growth 2020-2025 (%)
    • North America - Market size and forecast 2020-2025
      • Table North America - Market size and forecast 2020-2025 ($ million)
      • Table North America - Year-over-year growth 2020-2025 (%)
    • APAC - Market size and forecast 2020-2025
      • Table APAC - Market size and forecast 2020-2025 ($ million)
      • Table APAC - Year-over-year growth 2020-2025 (%)
    • MEA - Market size and forecast 2020-2025
      • Table MEA - Market size and forecast 2020-2025 ($ million)
      • Table MEA - Year-over-year growth 2020-2025 (%)
    • South America - Market size and forecast 2020-2025
      • Table South America - Market size and forecast 2020-2025 ($ million)
      • Table South America - Year-over-year growth 2020-2025 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Adoption of modern and efficient material hard-facing and coating technology
      • Growing demand from mechanical component repair and renovation applications
      • Declining cost of laser systems
    • Market challenges
      • Competition from other hard-facing technologies
      • Lack of skilled machine operators for laser cladding equipment
      • Slowdown in Chinese manufacturing sector
        • Table Impact of drivers and challenges
    • Market trends
      • Development of automatic laser cladding equipment
      • Growing penetration of fiber lasers in laser cladding applications
      • Growing industrialization and automation in developing countries
  • Vendor Landscape
    • Competitive Scenario
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ALPHA LASER GmbH
      • Table ALPHA LASER GmbH – Overview
      • Table ALPHA LASER GmbH - Product and service
      • Table ALPHA LASER GmbH - Key offerings
    • Coherent Inc.
      • Table Coherent Inc. – Overview
      • Table Coherent Inc. - Business segments
      • Table Coherent Inc. - Key news
      • Table Coherent Inc. - Key offerings
      • Table Coherent Inc. - Segment focus
    • Fraunhofer Society for the Promotion of Applied Research eV
      • Table Fraunhofer Society for the Promotion of Applied Research eV – Overview
      • Table Fraunhofer Society for the Promotion of Applied Research eV - Product and service
      • Table Fraunhofer Society for the Promotion of Applied Research eV - Key offerings
    • Gall and Seitz Systems GmbH
      • Table Gall and Seitz Systems GmbH – Overview
      • Table Gall and Seitz Systems GmbH - Product and service
      • Table Gall and Seitz Systems GmbH - Key offerings
    • Hans Laser Technology Industry Group Co. Ltd.
      • Table Hans Laser Technology Industry Group Co. Ltd. – Overview
      • Table Hans Laser Technology Industry Group Co. Ltd. - Product and service
      • Table Hans Laser Technology Industry Group Co. Ltd. - Key offerings
    • IPG Photonics Corp.
      • Table IPG Photonics Corp. – Overview
      • Table IPG Photonics Corp. - Business segments
      • Table IPG Photonics Corp. - Key offerings
      • Table KUKA AG – Overview
      • Table KUKA AG - Business segments
      • Table KUKA AG - Key offerings
      • Table KUKA AG - Segment focus
    • Laserline GmbH
      • Table Laserline GmbH – Overview
      • Table Laserline GmbH - Product and service
      • Table Laserline GmbH - Key offerings
    • OC Oerlikon Corp. AG
      • Table OC Oerlikon Corp. AG – Overview
      • Table OC Oerlikon Corp. AG - Business segments
      • Table OC Oerlikon Corp. AG - Key offerings
      • Table OC Oerlikon Corp. AG - Segment focus
    • TRUMPF GmbH + Co. KG
      • Table TRUMPF GmbH + Co. KG – Overview
      • Table TRUMPF GmbH + Co. KG - Business segments
      • Table TRUMPF GmbH + Co. KG - Key offerings
      • Table TRUMPF GmbH + Co. KG - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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