Global Laser Cleaning Technology Market Booming as Industry Applications Expand

PALM BEACH, Fla., Oct. 27, 2022 /PRNewswire/ -- FinancialNewsMedia.com News Commentary: While laser welding, hole punching and cutting have been known for many years, laser cleaning technology is still considered niche… that is growing every year. It has not been used in industry for a long time, despite the possibility of removing most of the organic contaminants. Laser cleaning refers to removing contaminants from surfaces by the use of laser ablation. Today, a wide range of systems based on pulsed lasers are used for cleaning or removing coatings. Laser equipment is used to remove a layer of paint from delicate surfaces, remove insulation from wires, clean the surface, remove rubber vulcanization residues on tire molds, etc. All these operations can be referred to as "cleaning" in one way or another. The development of laser cleaning has been driven by the need for non-abrasive and safe cleaning that can replace the use of chemical solvents and mechanical abrasive systems. One of the key issues that characterize most conventional cleaning methods is substrate damage and negative impact on the environment. Abrasive cleaning damages delicate surfaces and is accompanied by large amounts of contamination. The use of chemical solvents is accompanied by liquid waste and potentially hazardous fumes. Problems like these led to the creation of the first laser cleaning systems. The benefits of laser surface cleaning include: non-contact / non-abrasive process; no chemical solvents or abrasive particles; reduction of pollution volumes; possibility of automation; and improved safety issues. A report from 360 Research said that: "The Global Laser Cleaning market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2029. In 2020, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon." Active Companies in the markets today include: Laser Photonics Corporation (NASDAQ: LASE), IPG Photonics Corporation (NASDAQ: IPGP), Lumentum Holdings Inc. (NASDAQ: LITE), Novanta Inc. (NASDAQ: NOVT), AXT, Inc. (NASDAQ: AXTI).

"North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Laser Cleaning. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market. Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2022-2029. Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future."

Laser Photonics Corporation (NASDAQ: LASE) BREAKING NEWS: Laser Photonics Announces First Sale of 3000 Watt Handheld Cleantech Laser System - First 3000 Watt Laser Cleaning System sold will be used in the mining industry - Laser Photonics Corporation ("LPC"), a leading global developer of Cleantech laser systems for laser cleaning and other material applications, today announced the first sale of the CleanTech 3000-CTH, the world's first industrial-grade 3000-watt laser cleaning system. The system will be used by an Australian mining concern. This transaction was a multi-hundred thousand dollar sale and there is an opportunity for a follow-on unit to be purchased.

"Our first-of-its-kind, state-of-the-art 3000-watt handheld laser blasting system was designed for the harshest of conditions," said Wayne Tupuola, chief executive officer of LPC. "This very high-power product is strong enough to address the duty demands of the heaviest outdoor industrial operations, and its deployment in the mining industry is the perfect business use case."