About Global Laser Cladding Equipment Market
Cladding is a process of bonding two dissimilar methods together. This process is different from other methods like fusion welding, which is used to fasten two different metals together. The cladding is used in a variety of industries to improve the surface and near surface properties of metal, which had become worn through use.
Cladding primarily involves creating a new layer on the base metal, which helps in changing properties of the base metal by creating a thin surface layer on it. Each of the different cladding techniques used has its characteristics in terms of process compatibility, cost, materials used, and the quality of the clad layer.
Technavio’s analysts forecast the global laser cladding equipment market to grow at a CAGR of8.19% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global laser cladding equipment market for 2017-2021. To calculate the market size, the report covers the present scenario and the growth prospects of the global laser cladding equipment market for the period 2017-2021.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report Global Laser Cladding Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• IPG Photonics
• Oerlikon Metco
• OR Laser
• TRUMPF
Other prominent vendors
• Wuhan Hans Goldensky Laser System
• Flame Spray Technologies
• EFESTO
Market driver
• Need for additional corrective machining
• For a full, detailed list, view our report
Market challenge
• Slowdown in the global oil and gas sector
• For a full, detailed list, view our report
Market trend
• Use of high-power laser diodes in laser cladding
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Five forces analysis
PART 06: Market segmentation by end-user
• Market overview
• Aerospace
• Oil and gas
• Others
PART 07: Geographical segmentation
• Market overview
• Americas
• APAC
• EMEA
PART 08: Market drivers
• Need for additional corrective machining
• Adoption of wind energy
• Growth in electric vehicles
PART 09: Impact of drivers
PART 10: Market challenges
• Slowdown in the global oil and gas sector
• High CAPEX and OPEX deterring SMEs
• Threat from friction-stir welding technology
PART 11: Impact of drivers and challenges
PART 12: Market trends
• Use of high-power laser diodes in laser cladding
• Additive manufacturing
• Use of hybrid CNC in laser systems
PART 13: Vendor landscape
• Competitive landscape
• Other prominent vendors
PART 14: Key vendor analysis
• IPG Photonics
• Oerlikon Metco
• OR Laser
• TRUMPF
PART 15: Appendix
• List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Types of cladding
Exhibit 02: Comparison of traditional methods versus laser cladding
Exhibit 03: Global laser cladding market by end-users 2016-2021
Exhibit 04: Global laser cladding market by geography 2016-2021
Exhibit 05: Market segmentation
Exhibit 06: Global laser cladding equipment market 2016-2021 ($ millions)
Exhibit 07: Revenue growth of the global aerospace and defense markets 2013-2016
Exhibit 08: Global CAPEX spending in the oil and gas industry 2010-2016 ($ billions)
Exhibit 09: Trends in the automotive industry
Exhibit 10: Five forces analysis
Exhibit 11: Global laser cladding equipment market by end-user 2016 and 2021
Exhibit 12: Global laser cladding equipment market by end-user 2016-2021
Exhibit 13: Global laser cladding equipment market in the aerospace industry 2016-2021 ($ millions)
Exhibit 14: Market share of top five aircraft manufacturers 2015-2019
Exhibit 15: Global laser cladding equipment market in the oil and gas industry 2016-2021 ($ millions)
Exhibit 16: Applications of laser cladding equipment in the oil and gas industry
Exhibit 17: Global oil production 2010-2015 (bbl per day)
Exhibit 18: Global oil and gas demand Q1 2013-Q4 2016 (mb/d)
Exhibit 19: Global laser equipment market by others 2016-2021 ($ millions)
Exhibit 20: Global automotive production 2010-2015 (millions of units)
Exhibit 21: Automotive production in China (units)
Exhibit 22: Automotive production in Japan (units)
Exhibit 23: Automotive production in the US (units)
Exhibit 24: Automotive production in South Korea (units)
Exhibit 25: Automotive production in Thailand (units)
Exhibit 26: Global shipbuilding order % change in GT 2011-2015
Exhibit 27: Factors driving shipbuilding industry
Exhibit 28: Global laser cladding equipment market by region 2016-2021
Exhibit 29: Global laser cladding equipment market by region 2016-2021
Exhibit 30: Laser cladding equipment market in the Americas 2016-2021 ($ millions)
Exhibit 31: Onshore and offshore rig count in the US 2015 and 2016 (number of units)
Exhibit 32: Laser cladding equipment market in APAC 2016-2021 ($ millions)
Exhibit 33: Key countries in automotive production in APAC 2011-2015 (millions of units)
Exhibit 34: Laser cladding equipment market in EMEA 2016-2021 ($ millions)
Exhibit 35: Laser cladding of used tools
Exhibit 36: Global wind energy consumption trend 2009-2014 (TWh)
Exhibit 37: Country-wise wind power installation for 2015 (MW)
Exhibit 38: The US plug-in car sales 2015 (thousands of units)
Exhibit 39: Global EV sales outlook 2011-2020 (millions of units)
Exhibit 40: Impact of drivers
Exhibit 41: Global rig count 2014-2015 (number of rigs)
Exhibit 42: Friction-stir welding: Process overview
Exhibit 43: Friction stir welding applications in various car models
Exhibit 44: Global passenger vehicle sales 1990-2015 (million units)
Exhibit 45: Impact of drivers and challenges
Exhibit 46: Some of the examples of additive manufacturing
Exhibit 47: Other prominent vendors
Exhibit 48: IPG Photonics: Products and applications
Exhibit 49: IPG Photonics: Laser systems and applications
Exhibit 50: Oerlikon Metco: Products and services
Exhibit 51: Oerlikon Metco in surface coating
Exhibit 52: OR Laser: Products and applications
Exhibit 53: OR Laser: Types of laser cladding
Exhibit 54: TRUMF: Products and services
