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.
This report focus on Laser Shock Peening Services market.
Market Analysis and Insights: Global Laser Shock Peening Services Market
The research report studies the Laser Shock Peening Services market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Laser Shock Peening Services market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.
Global Laser Shock Peening Services Scope and Segment
The global Laser Shock Peening Services market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Laser Shock Peening Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
by Type, the market is primarily split into
High Energy, Low Repetition Rate Lasers
Intermediate Energy, Intermediate Repetition Rate Lasers
Low Energy, High Repetition Rate Lasers
by Application, this report covers the following segments
Manufacturing Industries
Aerospace
Automotive
Energy
Medical
Recreational Sports
Others
Global Laser Shock Peening Services market: regional analysis, the major regions covered in the report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.
The Laser Shock Peening Services key players in this market include:
LSP Technologies, Inc.
Curtiss-Wright
Tyrida Optical Electric Technology
Kunshan Carthing Precision
Lambda Technologies Group
HiLASE
ALPhANOV
ZAL GmbH
Westinghouse Electric
GE Hitachi Nuclear Energy
1 Market Overview of Laser Shock Peening Services
1.1 Laser Shock Peening Services Market Overview
1.1.1 Laser Shock Peening Services Product Scope
1.1.2 Market Status and Outlook
1.2 Global Laser Shock Peening Services Market Size Overview by Region 2015 VS 2020 VS 2026
1.3 Global Laser Shock Peening Services Market Size by Region (2015-2026)
1.4 Global Laser Shock Peening Services Historic Market Size by Region (2015-2020)
1.5 Global Laser Shock Peening Services Market Size Forecast by Region (2021-2026)
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