Global Laser Cladding Equipment Market to grow at a CAGR of8.19% during 2017-2021 - IPG Photonics, Oerlikon Metco, OR Laser, TRUMPF

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.

The global laser cladding equipment market to grow at a CAGR of8.19% during the period 2017-2021. 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.

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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.

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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?

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