Laser Marking Industry Size

Laser Marking Market worth $4.1 billion by 2027

The report "Laser Marking Market by Laser Type (Fiber Laser, Diode Laser, Solid-state Laser, CO2 Laser, UV Laser), Industry (Machine Tools, Semiconductor & Electronics, Automotive), Offering, Application, Method, Material and Region - Global Forecast to 2027."The laser marking market is estimated to grow from USD 2.9 billion in 2022 to reach USD 4.1 billion by 2027; it is expected to grow at a CAGR of 7.2% from 2022 to 2027. The growth of the laser marking market can be attributed to higher performance of laser markers over traditional material marking techniques, increasing adoption of laser markers in various industries for traceability and identification of parts, and growing adoption of smart manufacturing techniques.

Browse 190 market data Tables and 58 Figures spread through 261 Pages and in-depth TOC on "Laser Marking Market by Laser Type (Fiber Laser, Diode Laser, Solid-state Laser, CO2 Laser, UV Laser), Industry (Machine Tools, Semiconductor & Electronics, Automotive), Offering, Application, Method, Material and Region - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/laser-marking-market-167085735.html

Hardware segment to hold largest share of laser marking market during the forecast period.

The hardware segment accounted for the largest share of the laser marking market in 2021, and this trend is expected to continue during the forecast period. The high requirement for hardware in several types of laser marking systems has contributed to the leading position of this segment, in terms of market size. Recent advancements in laser marking hardware solutions include new product launches by key players in the laser marking market. In May 2022, Gravotech launched LW2 laser marking workstation suitable for identification plates, tools, electronic and electrical components, automotive parts, medical instruments, and permanent markings.

Laser marking market for packaging industry is expected to grow at the highest CAGR during the forecast period

The laser marking market for the packaging industry is expected to grow at the highest CAGR during the forecast period. Laser markers are used for displaying variable data, such as expiration dates and batch and serial numbers, as product labels in most packaging companies.  In the packaging industry, CO2 lasers are highly used for marking applications. Laser marking is used for different packaging solutions, such as on food items and PCBs.

Laser marking market in Europe is expected to hold the second largest size during the forecast period.

Laser marking market in Europe is expected to hold the second largest size during the forecast period. Germany, France, and the UK are the major contributors to the European laser marking market growth. The region has a strong industrial base and is globally recognized for its outstanding engineering capabilities, quality workforce, and R&D activities, which are also the key driving factors for the growth of the laser marking market in Europe. Furthermore, all medical devices in Europe registered within the European Union must obtain CE Mark. With a CE mark, companies can market and sell their products simultaneously in all EU member states whether that is Germany, France or Croatia. This is expected to drive the laser marking market in Europe during the forecast period.

Key players involved in the manufacturing of laser marking systems are Coherent, Inc. (US), TRUMPF (Germany), Han’s Laser Technology Co., Ltd. (China), Gravotech Marking (France), IPG Photonics Corp. (US), 600 Group (UK), Danaher Corp. (US), Novanta Inc. (US), KEYENCE Corp. (Japan), Huagong Tech Co., Ltd. (China), Trotec Laser (Austria), Epilog Laser (US), and MECCO (US), among others.

Don’t miss out on business opportunities in Laser Marking Market. Speak to our analyst and gain crucial industry insighs that will help your businessgrow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Laser Marking Market Size,  Share & Growth Report
Report Code
SE 7134
PR Published ON
9/14/2022
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Laser Marking Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home