Laser cladding market is anticipated to grow at a CAGR of 9.5% during the forecast period (2024-2031). Laser cladding, an advanced surface modification technique, involves precisely depositing a layer of material onto a substrate using a laser as the heat source. Widely applied across various industries, this process serves purposes such as surface hardening, repair, […]
Tag Archives: Laser Cladding Market
Laser cladding market is anticipated to grow at a CAGR of 9.5% during the forecast period (2024-2031). Laser cladding, an advanced surface modification technique, involves precisely depositing a layer of material onto a substrate using a laser as the heat source. Widely applied across various industries, this process serves purposes such as surface hardening, repair, […]
Laser cladding market is anticipated to grow at a CAGR of 9.5% during the forecast period (2024-2031). Laser cladding, an advanced surface modification technique, involves precisely depositing a layer of material onto a substrate using a laser as the heat source. Widely applied across various industries, this process serves purposes such as surface hardening, repair, […]
The laser cladding market is estimated at $483 million in 2022. It is projected to reach $823 million by 2028, growing at a CAGR of 9% during 2022-2028. Some of the key drivers of this market growth include increasing penetration of fiber lasers in laser cladding applications, along with a gradual transition from traditional laser […]