Laser Cleaning Market Is Growing At A CAGR Of 4.32% Expected Revenue Growth for 5 Years

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PALM BEACH, Fla., Oct. 6, 2022 /PRNewswire/ -- The Global Laser Cleaning Market is projected to continue to increase revenues through 2027. Laser cleaning is the removal of contaminants or impurities on the surface of a material by physically removing the upper layer of the substrate using laser irradiation. Laser cleaning has developed as an important phase/process in many industries. Largely adopted in manufacturing, laser cleaning has witnessed multiple hardware technology upgrades, as sophisticated production is on the rise. Laser-blasting solutions are used for cleaning and surface conditioning, corrosion control, rust removal and paint removal, de-coating, pre-welding, post-welding, laser cleaning, and surface conditioning and the global market expands across the Americas, Europe, Asia, the Middle East, and North Africa. The growing commercial aviation and automotive industry and increasing use of cleaning lasers for restoration are expected to support the growth of the global laser cleaning market. It serves the aerospace, automotive, defense, nuclear, shipbuilding, and space sectors.   A report from Mordor Intelligence projects that the Laser Cleaning Market is growing at a CAGR of 4.32% over the next five years, through 2027 and that North America had the highest share of the market in 2021.  Active Companies in the markets today include:  Laser Photonics Corporation (NASDAQ: LASE), Luminar (NASDAQ: LAZR), Aeva® (NYSE: AEVA), Coherent Corp. (NASDAQ: COHR), MicroVision, Inc. (NASDAQ: MVIS).