This statistic denotes the global market size across several regions including Europe, North America, APAC, MEA, and South America. The laser cladding equipment market size was estimated to be at USD 18.19 mn in 2020-2024.
The size of the global laser cladding equipment market has been derived by triangulating data from multiple sources and approaches. While arriving at the market size, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as ALPHA LASER GmbH, Coherent Inc., Fraunhofer Society for the Promotion of Applied Research eV, Gall & Seitz Systems GmbH, Optomec Inc., IPG Photonics Corp., Laserline GmbH, OC Oerlikon Corp. AG, and TRUMPF GmbH + Co. KG
