The present paper reviews recent progress in productivity, precision and quality of laser-based cladding and additive layer manufacturing. Recently, we have demonstrated the great benefits obtained from induction assisted laser cladding. This novel hybrid technology combines high deposition rates with excellent cladding properties. Laser-based direct metal deposition is a novel concept for the fabrication of components and repair as well as geometrical surface modifications. Newly developed nozzle design allows focused powder spots to generate wall thicknesses of about 30 μm. An in-depth understanding of the processes and the resulting materials properties is key for the development of technically viable and economically reasonable customized solutions.