LASER CLADDING SYSTEM MARKET ANALYSIS

Market News

Global Laser Cladding System Market: Key Developments

• In July 2019, Oerlikon Metco acquired AMT AG in Kleindöttingen, Switzerland, aiming to focus and expand its surface solution technologies while increasing market applications and service accessibility to customers.
• In September 2019, Oerlikon Metco introduced turnkey built-to-print pump components with improved surface solutions for corrosion and wear using precision-controlled process.
• In November 2018, IPG Photonics Corporation introduced High Power Fiber Lasers that will provide increased flexibility and speed in their laser applications, while in many instances reducing costs and improving overall throughput.
• In August 2017, IPG Photonics Corporation formed partnership with MC Machinery (MCM) to promote IPG's growing portfolio of industrial laser systems for materials processing applications.
• In August 2015, EFESTO, LLC entered into a structured reseller agreement with Sciaky, Inc., a subsidiary of Phillips Service Industries, Inc. (PSI) to sale Sciaky’s Electron Beam Additive Manufacturing (EBAM) metal 3D printing systems and services to targeted countries Australia, Brazil, China, India, Japan, Nigeria, Poland, Russia and South Korea and Middle East.