Global Laser Peening Equipment Market Growth 2025-2031

The global Laser Peening Equipment market size is predicted to grow from US$ 31.8 million in 2025 to US$ 65.4 million in 2031; it is expected to grow at a CAGR of 12.8% from 2025 to 2031.

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

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.

LP Information, Inc. (LPI) ' newest research report, the “Laser Peening Equipment Industry Forecast” looks at past sales and reviews total world Laser Peening Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Laser Peening Equipment sales for 2025 through 2031. With Laser Peening Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laser Peening Equipment industry.

This Insight Report provides a comprehensive analysis of the global Laser Peening Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Laser Peening Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Laser Peening Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laser Peening Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Laser Peening Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Laser Peening Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Stationary Laser Peening Equipment

Mobile Laser Peening Equipment

Segmentation by Application:

Aerospace

Manufacturing

Automotive

Energy

Medical

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

LSP Technologies, Inc.

Toshiba

Tyrida Optical Electric Technology

Kunshan Carthing Precision

Key Questions Addressed in this Report

What is the 10-year outlook for the global Laser Peening Equipment market?

What factors are driving Laser Peening Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Laser Peening Equipment market opportunities vary by end market size?

How does Laser Peening Equipment break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.