LASER CLADDING SYSTEM MARKET ANALYSIS
On the basis of regions, the global laser cladding system market is classified into:
Presence of chief aerospace industry participants in the U.S., which is the largest end use industry segment is expected to fuel the regional dominance over the forecast period. Moreover, the region is also characterized by the presence of some major automotive industry participants that include Chrysler, GM, and Ford will boost the regional growth prospects. High capital expenditure (CAPEX) is expected to remain the primary growth challenge to the laser cladding system market.
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