Global Laser Cleaning market will reach 787.88 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/26

The global laser cleaning market will witness significant growth due to increasing inclination towards laser cleaning over traditional cleaning approach. Growing demand for laser cleaning in various applications such as restoration, industrial usage, and conservation are some of the factors fueling the growth of the market over the forecast period. In addition, laser cleaning is further being used in the automotive industry for brake line decoating systems and tire mold cleaning. Rising usage of laser cleaning in factories and plants for engraving, welding products, and cutting products will also boost the growth of the market in the coming years.

However, the lack of technical expertise and the high cost of investment and maintenance of laser cleaning is creating a negative impact on the growth of the market during the forecast period.

The report states that the global laser cleaning market will reach US$787.88 mn by 2025 from US$594.16 mn in 2018. The market is expected to register a CAGR of 4.14% throughout the forecast period.

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https://www.qyresearch.com/index/detail/1233895/global-laser-cleaning-market
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