Market Size of Laser Cleaning Industry
| Study Period | 2018 - 2028 |
| Market Size (2023) | USD 0.78 Billion |
| Market Size (2028) | USD 1.53 Billion |
| CAGR (2023 - 2028) | 14.61 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia-Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Laser Cleaning Market Analysis
The Laser Cleaning Market size is expected to grow from USD 0.78 billion in 2023 to USD 1.53 billion by 2028, at a CAGR of 14.61% during the forecast period (2023-2028).
- Laser cleaning has become a vital phase/process in various industries. Adopted mainly in manufacturing, laser cleaning has witnessed multiple upgrades to the hardware technology as sophisticated production is on the rise.
- Conventionally being used to prepare surfaces for subsequent industrial processes, automated cleaning processes are required to adhere to changes brought in by Industry 4.0. Also, abrasive blasting systems create substantial waste and damage delicate surfaces, and the use of chemical solvents causes potentially hazardous vapors and liquid waste products. Such issues led to the adoption of laser technology-based solutions for surface cleaning.
- The potentially high benefits of laser cleaning over these conventional approaches have been driving the adoption of laser cleaning. Further, laser cleaning provides accurate and precise cleaning of semiconductors, driving their adoption in the electronics industry.
- The increased demand for reliability and the increasing number of errors in electronic components created by no-clean procedures compelled the electronics manufacturing industry to refocus on cleaning. The cleaning industry provides a wide range of options for determining the ideal cleaning method, driving the growth of the laser cleaning market.
- The high price of laser cleaning equipment and lack of technical expertise poses a challenge to the market's growth. The price of 95% of laser cleaning machines is between INR 750,000 (USD 9153.43) and INR 5,500,000 (USD 67125.13) per piece.
- During the COVID-19 period, laser cleaning of bacteria-infected surfaces emerged as a highly effective procedure as the thermal effects of the laser was used to disinfect the surface.
- Various studies have been conducted to determine the efficacy of multiple types of lasers in cleaning bacteria-infested surfaces. The lasers are usually pulsed, but the wavelength, pulse energy, and repetition rate must be carefully selected. Such trends are expected to contribute positively to the studied market's growth.
