Global Laser Peening Equipment Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Laser Peening Equipment Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Laser peening (LP), or laser shock peening (LSP), is a surface engineering process used to impart beneficial residual stresses in materials. The deep, high magnitude compressive residual stresses induced by laser peening increase the resistance of materials to surface-related failures, such as fatigue, fretting fatigue and stress corrosion cracking. Laser shock peening can also be used to strengthen thin sections, harden surfaces, shape or straighten parts (known as laser peen forming), break up hard materials, compact powdered metals and for other applications where high pressure, short duration shock waves offer desirable processing results. Sales in Value refers to the sales revenue of the equipment. Services Revenue refers to the revenue from using Laser Peening Equipment to provide services

According to our (Global Info Research) latest study, the global Laser Peening Equipment market size was valued at US$ 30.1 million in 2023 and is forecast to a readjusted size of USD 66.1 million by 2030 with a CAGR of 12.0% during review period.

Global core laser peening equipment manufactures include LSP Technologies, Inc., Toshiba, Tyrida Optical Electric Technology etc. In terms of product, stationary laser peening equipment is the largest segment, with a share over 80%. And in terms of application, the largest application is aerospace, followed by manufacturing industries and automotive.

This report is a detailed and comprehensive analysis for global Laser Peening Equipment market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Laser Peening Equipment market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Laser Peening Equipment market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Laser Peening Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Laser Peening Equipment market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Laser Peening Equipment

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Laser Peening Equipment market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LSP Technologies, Inc., Toshiba, Tyrida Optical Electric Technology, Kunshan Carthing Precision, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Laser Peening Equipment market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Stationary Laser Peening Equipment
Mobile Laser Peening Equipment

Market segment by Application
Aerospace
Manufacturing
Automotive
Energy
Medical
Others

Major players covered
LSP Technologies, Inc.
Toshiba
Tyrida Optical Electric Technology
Kunshan Carthing Precision

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Laser Peening Equipment product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Laser Peening Equipment, with price, sales quantity, revenue, and global market share of Laser Peening Equipment from 2019 to 2024.

Chapter 3, the Laser Peening Equipment competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Laser Peening Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Laser Peening Equipment market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Laser Peening Equipment.

Chapter 14 and 15, to describe Laser Peening Equipment sales channel, distributors, customers, research findings and conclusion.