Summary:
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.
Market Analysis and Insights: Global and Japan Laser Peening Equipment Market
This report focuses on global and Japan Laser Peening Equipment market.
In 2020, the global Laser Peening Equipment market size was US$ 26 million and it is expected to reach US$ 59 million by the end of 2027, with a CAGR of 12.3% during 2021-2027. In Japan the Laser Peening Equipment market size is expected to grow from US$ million in 2020 to US$ million by 2027, at a CAGR of % during the forecast period.
Global Laser Peening Equipment Scope and Market Size
Laser Peening Equipment market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Laser Peening Equipment 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 in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Laser Peening Equipment market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.
Segment by Type
Stationary Laser Peening Equipment
Mobile Laser Peening Equipment
Segment by Application
Aerospace
Manufacturing
Automotive
Energy
Medical
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
LSP Technologies, Inc.
Toshiba
Tyrida Optical Electric Technology
Kunshan Carthing Precision
Table of Contents
1 Study Coverage
1.1 Laser Peening Equipment Product Introduction
1.2 Market by Type
1.2.1 Global Laser Peening Equipment Market Size Growth Rate by Type
1.2.2 Stationary Laser Peening Equipment
1.2.3 Mobile Laser Peening Equipment
1.3 Market by Application
1.3.1 Global Laser Peening Equipment Market Size Growth Rate by Application
1.3.2 Aerospace
1.3.3 Manufacturing
1.3.4 Automotive
1.3.5 Energy
1.3.6 Medical
1.3.7 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Laser Peening Equipment Market Size, Estimates and Forecasts
2.1.1 Global Laser Peening Equipment Revenue 2016-2027
2.1.2 Global Laser Peening Equipment Sales 2016-2027
2.2 Global Laser Peening Equipment, Market Size by Region: 2016 VS 2021 VS 2027
2.3 Laser Peening Equipment Historical Market Size by Region (2016-2021)
2.3.1 Global Laser Peening Equipment Retrospective Market Scenario in Sales by Region: 2016-2021
2.3.2 Global Laser Peening Equipment Retrospective Market Scenario in Revenue by Region: 2016-2021
2.4 Laser Peening Equipment Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Laser Peening Equipment Sales Forecast by Region (2022-2027)
2.4.2 Global Laser Peening Equipment Revenue Forecast by Region (2022-2027)
3 Global Laser Peening Equipment Competitor Landscape by Players
3.1 Global Top Laser Peening Equipment Manufacturers by Sales
3.1.1 Global Laser Peening Equipment Sales by Manufacturer (2016-2021)
3.1.2 Global Laser Peening Equipment Sales Market Share by Manufacturer (2016-2021)
3.2 Global Top Laser Peening Equipment Manufacturers by Revenue
3.2.1 Key Laser Peening Equipment Manufacturers Covered: Ranking by Revenue
3.2.2 Global Laser Peening Equipment Revenue by Manufacturers (2016-2021)
3.2.3 Global Laser Peening Equipment Revenue Share by Manufacturers (2016-2021)
3.2.4 Global Laser Peening Equipment Market Concentration Ratio (CR5 and HHI) (2016-2021)
3.2.5 Global Top 10 and Top 5 Companies by Laser Peening Equipment Revenue in 2020
3.2.6 Global Laser Peening Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Global Laser Peening Equipment Price by Manufacturers
3.4 Global Laser Peening Equipment Manufacturing Base Distribution, Product Types
3.4.1 Laser Peening Equipment Manufacturers Manufacturing Base Distribution, Headquarters
3.4.2 Manufacturers Laser Peening Equipment Product Type
3.4.3 Date of International Manufacturers Enter into Laser Peening Equipment Market
3.5 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2016-2027)
4.1 Global Laser Peening Equipment Market Size by Type (2016-2021)
4.1.1 Global Laser Peening Equipment Sales by Type (2016-2021)
4.1.2 Global Laser Peening Equipment Revenue by Type (2016-2021)
4.1.3 Laser Peening Equipment Average Selling Price (ASP) by Type (2016-2021)
4.2 Global Laser Peening Equipment Market Size Forecast by Type (2022-2027)
4.2.1 Global Laser Peening Equipment Sales Forecast by Type (2022-2027)
4.2.2 Global Laser Peening Equipment Revenue Forecast by Type (2022-2027)
4.2.3 Laser Peening Equipment Average Selling Price (ASP) Forecast by Type (2022-2027)
5 Breakdown Data by Application (2016-2027)
5.1 Global Laser Peening Equipment Market Size by Application (2016-2021)
5.1.1 Global Laser Peening Equipment Sales by Application (2016-2021)
5.1.2 Global Laser Peening Equipment Revenue by Application (2016-2021)
5.1.3 Laser Peening Equipment Price by Application (2016-2021)
5.2 Laser Peening Equipment Market Size Forecast by Application (2022-2027)
5.2.1 Global Laser Peening Equipment Sales Forecast by Application (2022-2027)
5.2.2 Global Laser Peening Equipment Revenue Forecast by Application (2022-2027)
5.2.3 Global Laser Peening Equipment Price Forecast by Application (2022-2027)
6 Japan by Players, Type and Application
6.1 Japan Laser Peening Equipment Market Size YoY Growth 2016-2027
6.1.1 Japan Laser Peening Equipment Sales YoY Growth 2016-2027
6.1.2 Japan Laser Peening Equipment Revenue YoY Growth 2016-2027
6.1.3 Japan Laser Peening Equipment Market Share in Global Market 2016-2027
6.2 Japan Laser Peening Equipment Market Size by Players (International and Local Players)
6.2.1 Japan Top Laser Peening Equipment Players by Sales (2016-2021)
6.2.2 Japan Top Laser Peening Equipment Players by Revenue (2016-2021)
6.3 Japan Laser Peening Equipment Historic Market Review by Type (2016-2021)
6.3.1 Japan Laser Peening Equipment Sales Market Share by Type (2016-2021)
6.3.2 Japan Laser Peening Equipment Revenue Market Share by Type (2016-2021)
6.3.3 Japan Laser Peening Equipment Price by Type (2016-2021)
6.4 Japan Laser Peening Equipment Market Estimates and Forecasts by Type (2022-2027)
6.4.1 Japan Laser Peening Equipment Sales Forecast by Type (2022-2027)
6.4.2 Japan Laser Peening Equipment Revenue Forecast by Type (2022-2027)
6.4.3 Japan Laser Peening Equipment Price Forecast by Type (2022-2027)
6.5 Japan Laser Peening Equipment Historic Market Review by Application (2016-2021)
6.5.1 Japan Laser Peening Equipment Sales Market Share by Application (2016-2021)
6.5.2 Japan Laser Peening Equipment Revenue Market Share by Application (2016-2021)
6.5.3 Japan Laser Peening Equipment Price by Application (2016-2021)
6.6 Japan Laser Peening Equipment Market Estimates and Forecasts by Application (2022-2027)
6.6.1 Japan Laser Peening Equipment Sales Forecast by Application (2022-2027)
6.6.2 Japan Laser Peening Equipment Revenue Forecast by Application (2022-2027)
6.6.3 Japan Laser Peening Equipment Price Forecast by Application (2022-2027)
7 North America
7.1 North America Laser Peening Equipment Market Size YoY Growth 2016-2027
7.2 North America Laser Peening Equipment Market Facts & Figures by Country
7.2.1 North America Laser Peening Equipment Sales by Country (2016-2021)
7.2.2 North America Laser Peening Equipment Revenue by Country (2016-2021)
7.2.3 United States
7.2.4 Canada
8 Asia Pacific
8.1 Asia Pacific Laser Peening Equipment Market Size YoY Growth 2016-2027
8.2 Asia Pacific Laser Peening Equipment Market Facts & Figures by Region
8.2.1 Asia Pacific Laser Peening Equipment Sales by Region (2016-2021)
8.2.2 Asia Pacific Laser Peening Equipment Revenue by Region (2016-2021)
8.2.3 China
8.2.4 Japan
8.2.5 South Korea
8.2.6 India
8.2.7 Australia
8.2.8 Australia
8.2.9 Indonesia
8.2.10 Thailand
8.2.11 Malaysia
9 Europe
9.1 Europe Laser Peening Equipment Market Size YoY Growth 2016-2027
9.2 Europe Laser Peening Equipment Market Facts & Figures by Country
9.2.1 Europe Laser Peening Equipment Sales by Country (2016-2021)
9.2.2 Europe Laser Peening Equipment Revenue by Country (2016-2021)
9.2.3 Germany
9.2.4 France
9.2.5 U.K.
9.2.6 Italy
10 Latin America
10.1 Latin America Laser Peening Equipment Market Size YoY Growth 2016-2027
10.2 Latin America Laser Peening Equipment Market Facts & Figures by Country
10.2.1 Latin America Laser Peening Equipment Sales by Country (2016-2021)
10.2.2 Latin America Laser Peening Equipment Revenue by Country (2016-2021)
10.2.3 Mexico
10.2.4 Brazil
10.2.5 Argentina
11 Middle East and Africa
11.1 Middle East and Africa Laser Peening Equipment Market Size YoY Growth 2016-2027
11.2 Middle East and Africa Laser Peening Equipment Market Facts & Figures by Country
11.2.1 Middle East and Africa Laser Peening Equipment Sales by Country (2016-2021)
11.2.2 Middle East and Africa Laser Peening Equipment Revenue by Country (2016-2021)
11.2.3 Turkey
11.2.4 Saudi Arabia
11.2.5 UAE
12 Company Profiles
12.1 LSP Technologies, Inc.
12.1.1 LSP Technologies, Inc. Corporation Information
12.1.2 LSP Technologies, Inc. Description and Business Overview
12.1.3 LSP Technologies, Inc. Laser Peening Equipment Sales, Revenue and Gross Margin (2016-2021)
12.1.4 LSP Technologies, Inc. Laser Peening Equipment Products Offered
12.1.5 LSP Technologies, Inc. Recent Development
12.2 Toshiba
12.2.1 Toshiba Corporation Information
12.2.2 Toshiba Description and Business Overview
12.2.3 Toshiba Laser Peening Equipment Sales, Revenue and Gross Margin (2016-2021)
12.2.4 Toshiba Laser Peening Equipment Products Offered
12.2.5 Toshiba Recent Development
12.3 Tyrida Optical Electric Technology
12.3.1 Tyrida Optical Electric Technology Corporation Information
12.3.2 Tyrida Optical Electric Technology Description and Business Overview
12.3.3 Tyrida Optical Electric Technology Laser Peening Equipment Sales, Revenue and Gross Margin (2016-2021)
12.3.4 Tyrida Optical Electric Technology Laser Peening Equipment Products Offered
12.3.5 Tyrida Optical Electric Technology Recent Development
12.4 Kunshan Carthing Precision
12.4.1 Kunshan Carthing Precision Corporation Information
12.4.2 Kunshan Carthing Precision Description and Business Overview
12.4.3 Kunshan Carthing Precision Laser Peening Equipment Sales, Revenue and Gross Margin (2016-2021)
12.4.4 Kunshan Carthing Precision Laser Peening Equipment Products Offered
12.4.5 Kunshan Carthing Precision Recent Development
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
13.1 Laser Peening Equipment Industry Trends
13.2 Laser Peening Equipment Market Drivers
13.3 Laser Peening Equipment Market Challenges
13.4 Laser Peening Equipment Market Restraints
14 Value Chain and Sales Channels Analysis
14.1 Value Chain Analysis
14.2 Laser Peening Equipment Customers
14.3 Sales Channels Analysis
14.3.1 Sales Channels
14.3.2 Distributors
15 Research Findings and Conclusion
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
Reason to Buy