Laser Cladding System Market Top Keyplayers Oerlikon Metco, IPG Photonics, OR Laser, Wuhan Hans Goldensky Laser System, EFESTO, Flame Spray Technologies, Huffman, TLM Laser, and HAMUEL Maschinenbau.
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Improved dimensional restoration and reconditioning are expected to be major factors that will influence the industry growth positively
Arc welding and thermal spraying are among the few conventional methods that have many drawbacks such as low desired outputs, difficulty in installation and high operational costs. Moreover, conventional methodologies require large heat volumes and additional corrective machining for these processes, which adds on to the operational costs and production time.
Proliferation of additive manufacturing in the industries is among the major trend gaining traction that will fuel the industry growth
Additive manufacturing, also known as 3D printing, is the terminology used for addressing the process in which 3D design digital data is used for building a tool or equipment by depositing layer of materials. Owing to their high product efficiency and minimal designing errors in conjunction with enhanced cost savings, has led increased inclination of end use industries such as automotive, aerospace, healthcare implants and equipment manufacturing towards 3D printing technologies.
Increasing demand for end-use industries that specifically include automotive, aerospace and ship building will provide substantial growth prospects over the forecast period
Increased average per capita income across the major economies of the globe that includes, U.S., China, India, Japan and Western Europe economies, has led to increased consumer spending power, which in turn is fueling the demand for automotive and other transportation means.
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Key industry participants in the laser cladding system market include Oerlikon Metco, IPG Photonics, OR Laser, Wuhan Hans Goldensky Laser System, EFESTO, Flame Spray Technologies, Huffman, TLM Laser, and HAMUEL Maschinenbau.
Laser Cladding System Market Taxonomy
On the basis of equipment, the global laser cladding system market is classified into:
• Diode laser
• Powder feeders
• Powder nozzles
• Process monitoring controller
• Safety cabin & exhaust
On the basis of end use, the global laser cladding system market is classified into:
On the basis of process materials, the global laser cladding system market is classified into:
• Cladding with powder
• Cladding with wire
On the basis of applications, the global laser cladding system market is classified into:
• Electro technology
• Material processing and
• Metal processing
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