
Laser cladding, also known as laser metal deposition, is a technique for adding one material to the surface of another. The laser cladding process allows for property improvements for the surface of a part, including better wear resistance, as well as allowing for the repair of damaged or worn surfaces.
The global Laser Cladding market was valued at US$ 1582.1 million in 2023 and is anticipated to reach US$ 2675.3 million by 2030, witnessing a CAGR of 7.7% during the forecast period 2024-2030.
Global key players of laser cladding include Oerlikon Metco, Praxair S.T. Technology, etc. Global top 3 companies hold a share over 30%. Asia-Pacific is the largest market, with a share over 40%, followed by Europe and North America with the share about 25% and 20%. In terms of product, laser cladding service is the largest segment, with a share over 60%. And in terms of application, the largest application is power generation, with a share about 20%.
This report aims to provide a comprehensive presentation of the global market for Laser Cladding, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Laser Cladding.
Report Scope
The Laser Cladding market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Laser Cladding market comprehensively. Regional market sizes, concerning products by Form, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Laser Cladding companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Form, by Application, and by regions.
Market Segmentation
By Company
Oerlikon Metco
Praxair S.T. Technology
Höganäs AB
Trumpf
Coherent
STORK
Flame Spray Technologies
IPG Photonics
Wall Colmonoy
Alabama Laser
Kennametal Stellite
Hayden Corp
Apollo Machine and Welding Ltd
DURUM Verschleißschutz GmbH
Sentes-BIR
Optomec
Hardchrome Engineering
American Cladding Technologies
Hornet Laser Cladding
AMC Powders
Segment by Form
Laser Cladding Material
Laser Cladding Equipment
Laser Cladding Service
Segment by Application
Aviation
Power Generation
Automotive and Transportation
Petrochemical processing
Mining
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Form, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Laser Cladding companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Form, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Form
1.2.1 Global Laser Cladding Market Size Growth Rate by Form: 2019 VS 2023 VS 2030
1.2.2 Laser Cladding Material
1.2.3 Laser Cladding Equipment
1.2.4 Laser Cladding Service
1.3 Market by Application
1.3.1 Global Laser Cladding Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Aviation
1.3.3 Power Generation
1.3.4 Automotive and Transportation
1.3.5 Petrochemical processing
1.3.6 Mining
1.3.7 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Laser Cladding Market Perspective (2019-2030)
2.2 Laser Cladding Growth Trends by Region
2.2.1 Global Laser Cladding Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Laser Cladding Historic Market Size by Region (2019-2024)
2.2.3 Laser Cladding Forecasted Market Size by Region (2025-2030)
2.3 Laser Cladding Market Dynamics
2.3.1 Laser Cladding Industry Trends
2.3.2 Laser Cladding Market Drivers
2.3.3 Laser Cladding Market Challenges
2.3.4 Laser Cladding Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Laser Cladding Players by Revenue
3.1.1 Global Top Laser Cladding Players by Revenue (2019-2024)
3.1.2 Global Laser Cladding Revenue Market Share by Players (2019-2024)
3.2 Global Laser Cladding Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Laser Cladding Revenue
3.4 Global Laser Cladding Market Concentration Ratio
3.4.1 Global Laser Cladding Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Laser Cladding Revenue in 2023
3.5 Laser Cladding Key Players Head office and Area Served
3.6 Key Players Laser Cladding Product Solution and Service
3.7 Date of Enter into Laser Cladding Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Laser Cladding Breakdown Data by Form
4.1 Global Laser Cladding Historic Market Size by Form (2019-2024)
4.2 Global Laser Cladding Forecasted Market Size by Form (2025-2030)
5 Laser Cladding Breakdown Data by Application
5.1 Global Laser Cladding Historic Market Size by Application (2019-2024)
5.2 Global Laser Cladding Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Laser Cladding Market Size (2019-2030)
6.2 North America Laser Cladding Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Laser Cladding Market Size by Country (2019-2024)
6.4 North America Laser Cladding Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Laser Cladding Market Size (2019-2030)
7.2 Europe Laser Cladding Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Laser Cladding Market Size by Country (2019-2024)
7.4 Europe Laser Cladding Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Laser Cladding Market Size (2019-2030)
8.2 Asia-Pacific Laser Cladding Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Laser Cladding Market Size by Region (2019-2024)
8.4 Asia-Pacific Laser Cladding Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Laser Cladding Market Size (2019-2030)
9.2 Latin America Laser Cladding Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Laser Cladding Market Size by Country (2019-2024)
9.4 Latin America Laser Cladding Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Laser Cladding Market Size (2019-2030)
10.2 Middle East & Africa Laser Cladding Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Laser Cladding Market Size by Country (2019-2024)
10.4 Middle East & Africa Laser Cladding Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Oerlikon Metco
11.1.1 Oerlikon Metco Company Detail
11.1.2 Oerlikon Metco Business Overview
11.1.3 Oerlikon Metco Laser Cladding Introduction
11.1.4 Oerlikon Metco Revenue in Laser Cladding Business (2019-2024)
11.1.5 Oerlikon Metco Recent Development
11.2 Praxair S.T. Technology
11.2.1 Praxair S.T. Technology Company Detail
11.2.2 Praxair S.T. Technology Business Overview
11.2.3 Praxair S.T. Technology Laser Cladding Introduction
11.2.4 Praxair S.T. Technology Revenue in Laser Cladding Business (2019-2024)
11.2.5 Praxair S.T. Technology Recent Development
11.3 Höganäs AB
11.3.1 Höganäs AB Company Detail
11.3.2 Höganäs AB Business Overview
11.3.3 Höganäs AB Laser Cladding Introduction
11.3.4 Höganäs AB Revenue in Laser Cladding Business (2019-2024)
11.3.5 Höganäs AB Recent Development
11.4 Trumpf
11.4.1 Trumpf Company Detail
11.4.2 Trumpf Business Overview
11.4.3 Trumpf Laser Cladding Introduction
11.4.4 Trumpf Revenue in Laser Cladding Business (2019-2024)
11.4.5 Trumpf Recent Development
11.5 Coherent
11.5.1 Coherent Company Detail
11.5.2 Coherent Business Overview
11.5.3 Coherent Laser Cladding Introduction
11.5.4 Coherent Revenue in Laser Cladding Business (2019-2024)
11.5.5 Coherent Recent Development
11.6 STORK
11.6.1 STORK Company Detail
11.6.2 STORK Business Overview
11.6.3 STORK Laser Cladding Introduction
11.6.4 STORK Revenue in Laser Cladding Business (2019-2024)
11.6.5 STORK Recent Development
11.7 Flame Spray Technologies
11.7.1 Flame Spray Technologies Company Detail
11.7.2 Flame Spray Technologies Business Overview
11.7.3 Flame Spray Technologies Laser Cladding Introduction
11.7.4 Flame Spray Technologies Revenue in Laser Cladding Business (2019-2024)
11.7.5 Flame Spray Technologies Recent Development
11.8 IPG Photonics
11.8.1 IPG Photonics Company Detail
11.8.2 IPG Photonics Business Overview
11.8.3 IPG Photonics Laser Cladding Introduction
11.8.4 IPG Photonics Revenue in Laser Cladding Business (2019-2024)
11.8.5 IPG Photonics Recent Development
11.9 Wall Colmonoy
11.9.1 Wall Colmonoy Company Detail
11.9.2 Wall Colmonoy Business Overview
11.9.3 Wall Colmonoy Laser Cladding Introduction
11.9.4 Wall Colmonoy Revenue in Laser Cladding Business (2019-2024)
11.9.5 Wall Colmonoy Recent Development
11.10 Alabama Laser
11.10.1 Alabama Laser Company Detail
11.10.2 Alabama Laser Business Overview
11.10.3 Alabama Laser Laser Cladding Introduction
11.10.4 Alabama Laser Revenue in Laser Cladding Business (2019-2024)
11.10.5 Alabama Laser Recent Development
11.11 Kennametal Stellite
11.11.1 Kennametal Stellite Company Detail
11.11.2 Kennametal Stellite Business Overview
11.11.3 Kennametal Stellite Laser Cladding Introduction
11.11.4 Kennametal Stellite Revenue in Laser Cladding Business (2019-2024)
11.11.5 Kennametal Stellite Recent Development
11.12 Hayden Corp
11.12.1 Hayden Corp Company Detail
11.12.2 Hayden Corp Business Overview
11.12.3 Hayden Corp Laser Cladding Introduction
11.12.4 Hayden Corp Revenue in Laser Cladding Business (2019-2024)
11.12.5 Hayden Corp Recent Development
11.13 Apollo Machine and Welding Ltd
11.13.1 Apollo Machine and Welding Ltd Company Detail
11.13.2 Apollo Machine and Welding Ltd Business Overview
11.13.3 Apollo Machine and Welding Ltd Laser Cladding Introduction
11.13.4 Apollo Machine and Welding Ltd Revenue in Laser Cladding Business (2019-2024)
11.13.5 Apollo Machine and Welding Ltd Recent Development
11.14 DURUM Verschleißschutz GmbH
11.14.1 DURUM Verschleißschutz GmbH Company Detail
11.14.2 DURUM Verschleißschutz GmbH Business Overview
11.14.3 DURUM Verschleißschutz GmbH Laser Cladding Introduction
11.14.4 DURUM Verschleißschutz GmbH Revenue in Laser Cladding Business (2019-2024)
11.14.5 DURUM Verschleißschutz GmbH Recent Development
11.15 Sentes-BIR
11.15.1 Sentes-BIR Company Detail
11.15.2 Sentes-BIR Business Overview
11.15.3 Sentes-BIR Laser Cladding Introduction
11.15.4 Sentes-BIR Revenue in Laser Cladding Business (2019-2024)
11.15.5 Sentes-BIR Recent Development
11.16 Optomec
11.16.1 Optomec Company Detail
11.16.2 Optomec Business Overview
11.16.3 Optomec Laser Cladding Introduction
11.16.4 Optomec Revenue in Laser Cladding Business (2019-2024)
11.16.5 Optomec Recent Development
11.17 Hardchrome Engineering
11.17.1 Hardchrome Engineering Company Detail
11.17.2 Hardchrome Engineering Business Overview
11.17.3 Hardchrome Engineering Laser Cladding Introduction
11.17.4 Hardchrome Engineering Revenue in Laser Cladding Business (2019-2024)
11.17.5 Hardchrome Engineering Recent Development
11.18 American Cladding Technologies
11.18.1 American Cladding Technologies Company Detail
11.18.2 American Cladding Technologies Business Overview
11.18.3 American Cladding Technologies Laser Cladding Introduction
11.18.4 American Cladding Technologies Revenue in Laser Cladding Business (2019-2024)
11.18.5 American Cladding Technologies Recent Development
11.19 Hornet Laser Cladding
11.19.1 Hornet Laser Cladding Company Detail
11.19.2 Hornet Laser Cladding Business Overview
11.19.3 Hornet Laser Cladding Laser Cladding Introduction
11.19.4 Hornet Laser Cladding Revenue in Laser Cladding Business (2019-2024)
11.19.5 Hornet Laser Cladding Recent Development
11.20 AMC Powders
11.20.1 AMC Powders Company Detail
11.20.2 AMC Powders Business Overview
11.20.3 AMC Powders Laser Cladding Introduction
11.20.4 AMC Powders Revenue in Laser Cladding Business (2019-2024)
11.20.5 AMC Powders Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Oerlikon Metco
Praxair S.T. Technology
Höganäs AB
Trumpf
Coherent
STORK
Flame Spray Technologies
IPG Photonics
Wall Colmonoy
Alabama Laser
Kennametal Stellite
Hayden Corp
Apollo Machine and Welding Ltd
DURUM Verschleißschutz GmbH
Sentes-BIR
Optomec
Hardchrome Engineering
American Cladding Technologies
Hornet Laser Cladding
AMC Powders
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*If Applicable.
