Laser Marking Market by Laser Type (Fiber Laser, Diode Laser, Solid State Laser, and CO2 Laser)- Global Forecast to 2024

 According to the new research report "Laser Marking Market by Laser Type (Fiber Laser, Diode Laser, Solid State Laser, and CO2 Laser), Offering (Hardware, Software, and Services), End User (Machine Tools, Semiconductor & Electronics, Automotive), and Geography - Global Forecast to 2024", the overall laser marking market is expected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0%. Increasing adoption of laser marking cross end-user verticals and enhanced performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market.

Download PDF Brochure:- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=167085735

Fiber laser type expected to gain significant share of laser marking market by 2024

Fiber laser type is estimated to account for the largest share of the laser marking market during the forecast period. Features such as high output power, flexible fiber light, compact size, and high optical quality have contributed to the growth of the fiber laser segment. A fiber laser uses an optical fiber doped as an active gain medium. Fiber laser comes in various power modes (continuous wave or modulated modes) and is suitable for laser marking and engraving applications across the military, healthcare, semiconductor & electronics, and research verticals.

Laser marking market for packaging end-user vertical to grow at highest CAGR from 2019 to 2024

The market for the packaging end-user vertical is expected to grow at the highest CAGR from 2019 to 2024. Majority of the packaging companies have to display variable data, such as expiration dates and batch and serial numbers, as labels on the products. Laser markers are perfectly suited for marking at the end of the production process and can be used on several materials, including cardboard, paper, and polymer. Marking with laser systems is a contactless process, thus negating any mechanical stress on the packaging. These factors are likely to contribute to the highest growth rate of the packaging segment as compared to the other end-user segments.

By Laser Type:

• Fiber Laser
• Diode Laser
• Solid State Laser
• CO2 Laser

By End User:

• Machine Tools
• Semiconductor & Electronics
• Automotive
• Medical & Healthcare
• Aerospace & Defense
• Packaging
• Others (Apparel & Clothing and Architecture & Designing).

Laser marking market in RoW to grow at highest CAGR during forecast period

The laser marking market in RoW is expected to grow at the highest CAGR during the forecast period. RoW comprises the Middle East & Africa and South America, which have significant potential for the growth of the laser marking market. The industrial manufacturing and aerospace & defense sectors in the Middle East & Africa are witnessing significant developments, which are expected to support the increasing demand for laser marking. Increasing use of electric vehicles in the Middle East will boost the automotive vertical, which, in turn, is expected to fillip the demand for laser marking in this region. South America, which is in an early stage of economic development compared to other regions studied in this report, offers good growth opportunities for the laser marking market.

Key players in the laser marking market comprise companies operating at different stages of the market’s value chain. These market players include Coherent (US), Han’s Laser (China), Trumpf (Germany), Gravotech (France), Jenoptik (US), Epilog Laser (US), 600 Group (UK), Mecco (US), Laserstar (US), and Novanta (US). Organic growth strategies, such as product launches, are the focus of many of the above-mentioned companies.

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

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

Laser Marking Market: Which Laser type expected to gain significant share?

 According to the new research report "Laser Marking Market by Laser Type (Fiber Laser, Diode Laser, Solid State Laser, and CO2 Laser), Offering (Hardware, Software, and Services), End User (Machine Tools, Semiconductor & Electronics, Automotive), and Geography - Global Forecast to 2024", the overall laser marking market is expected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0%. Increasing adoption of laser marking cross end-user verticals and enhanced performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market.

Download PDF Brochure:- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=167085735

Fiber laser type expected to gain significant share of laser marking market by 2024

Fiber laser type is estimated to account for the largest share of the laser marking market during the forecast period. Features such as high output power, flexible fiber light, compact size, and high optical quality have contributed to the growth of the fiber laser segment. A fiber laser uses an optical fiber doped as an active gain medium. Fiber laser comes in various power modes (continuous wave or modulated modes) and is suitable for laser marking and engraving applications across the military, healthcare, semiconductor & electronics, and research verticals.

Laser marking market for packaging end-user vertical to grow at highest CAGR from 2019 to 2024

The market for the packaging end-user vertical is expected to grow at the highest CAGR from 2019 to 2024. Majority of the packaging companies have to display variable data, such as expiration dates and batch and serial numbers, as labels on the products. Laser markers are perfectly suited for marking at the end of the production process and can be used on several materials, including cardboard, paper, and polymer. Marking with laser systems is a contactless process, thus negating any mechanical stress on the packaging. These factors are likely to contribute to the highest growth rate of the packaging segment as compared to the other end-user segments.

Laser marking market in RoW to grow at highest CAGR during forecast period

The laser marking market in RoW is expected to grow at the highest CAGR during the forecast period. RoW comprises the Middle East & Africa and South America, which have significant potential for the growth of the laser marking market. The industrial manufacturing and aerospace & defense sectors in the Middle East & Africa are witnessing significant developments, which are expected to support the increasing demand for laser marking. Increasing use of electric vehicles in the Middle East will boost the automotive vertical, which, in turn, is expected to fillip the demand for laser marking in this region. South America, which is in an early stage of economic development compared to other regions studied in this report, offers good growth opportunities for the laser marking market.

Key players in the laser marking market comprise companies operating at different stages of the market’s value chain. These market players include Coherent (US), Han’s Laser (China), Trumpf (Germany), Gravotech (France), Jenoptik (US), Epilog Laser (US), 600 Group (UK), Mecco (US), Laserstar (US), and Novanta (US). Organic growth strategies, such as product launches, are the focus of many of the above-mentioned companies.

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

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

Laser marking market for packaging end-user vertical to grow at highest CAGR and Top Companies in the industry

 According to the new research report "Laser Marking Market by Laser Type (Fiber Laser, Diode Laser, Solid State Laser, and CO2 Laser), Offering (Hardware, Software, and Services), End User (Machine Tools, Semiconductor & Electronics, Automotive), and Geography - Global Forecast to 2024", the overall laser marking market is expected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0%. Increasing adoption of laser marking cross end-user verticals and enhanced performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market.

Download PDF Brochure:- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=167085735

Fiber laser type expected to gain significant share of laser marking market by 2024

Fiber laser type is estimated to account for the largest share of the laser marking market during the forecast period. Features such as high output power, flexible fiber light, compact size, and high optical quality have contributed to the growth of the fiber laser segment. A fiber laser uses an optical fiber doped as an active gain medium. Fiber laser comes in various power modes (continuous wave or modulated modes) and is suitable for laser marking and engraving applications across the military, healthcare, semiconductor & electronics, and research verticals.

Laser marking market for packaging end-user vertical to grow at highest CAGR from 2019 to 2024

The market for the packaging end-user vertical is expected to grow at the highest CAGR from 2019 to 2024. Majority of the packaging companies have to display variable data, such as expiration dates and batch and serial numbers, as labels on the products. Laser markers are perfectly suited for marking at the end of the production process and can be used on several materials, including cardboard, paper, and polymer. Marking with laser systems is a contactless process, thus negating any mechanical stress on the packaging. These factors are likely to contribute to the highest growth rate of the packaging segment as compared to the other end-user segments.

Laser marking market in RoW to grow at highest CAGR during forecast period

The laser marking market in RoW is expected to grow at the highest CAGR during the forecast period. RoW comprises the Middle East & Africa and South America, which have significant potential for the growth of the laser marking market. The industrial manufacturing and aerospace & defense sectors in the Middle East & Africa are witnessing significant developments, which are expected to support the increasing demand for laser marking. Increasing use of electric vehicles in the Middle East will boost the automotive vertical, which, in turn, is expected to fillip the demand for laser marking in this region. South America, which is in an early stage of economic development compared to other regions studied in this report, offers good growth opportunities for the laser marking market.

Key players in the laser marking market comprise companies operating at different stages of the market’s value chain. These market players include Coherent (US), Han’s Laser (China), Trumpf (Germany), Gravotech (France), Jenoptik (US), Epilog Laser (US), 600 Group (UK), Mecco (US), Laserstar (US), and Novanta (US). Organic growth strategies, such as product launches, are the focus of many of the above-mentioned companies.

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

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

What are the drivers and restraints for the laser marking market?

According to the new research report "Laser Marking Market by Laser Type (Fiber Laser, Diode Laser, Solid State Laser, and CO2 Laser), Offering (Hardware, Software, and Services), End User (Machine Tools, Semiconductor & Electronics, Automotive), and Geography - Global Forecast to 2024", the overall laser marking market is expected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0%. Increasing adoption of laser marking cross end-user verticals and enhanced performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market.
Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=167085735
Factors such as increasing adoption of laser marking across end-user verticals and enhanced performance of laser markers over traditional material marking techniques are fueling the growth of laser marking market. Moreover, high deployment cost is expected to affect market growth.
Laser marking market for packaging end-user vertical to grow at highest CAGR from 2019 to 2024
The market for the packaging end-user vertical is expected to grow at the highest CAGR from 2019 to 2024. Majority of the packaging companies have to display variable data, such as expiration dates and batch and serial numbers, as labels on the products. Laser markers are perfectly suited for marking at the end of the production process and can be used on several materials, including cardboard, paper, and polymer. Marking with laser systems is a contactless process, thus negating any mechanical stress on the packaging. These factors are likely to contribute to the highest growth rate of the packaging segment as compared to the other end-user segments.
Laser marking market in RoW to grow at highest CAGR during forecast period
The laser marking market in RoW is expected to grow at the highest CAGR during the forecast period. RoW comprises the Middle East & Africa and South America, which have significant potential for the growth of the laser marking market. The industrial manufacturing and aerospace & defense sectors in the Middle East & Africa are witnessing significant developments, which are expected to support the increasing demand for laser marking. Increasing use of electric vehicles in the Middle East will boost the automotive vertical, which, in turn, is expected to fillip the demand for laser marking in this region. South America, which is in an early stage of economic development compared to other regions studied in this report, offers good growth opportunities for the laser marking market.
Key players in the laser marking market comprise companies operating at different stages of the market’s value chain. These market players include Coherent (US), Han’s Laser (China), Trumpf (Germany), Gravotech (France), Jenoptik (US), Epilog Laser (US), 600 Group (UK), Mecco (US), Laserstar (US), and Novanta (US). Organic growth strategies, such as product launches, are the focus of many of the above-mentioned companies.
Don’t miss out on business opportunities in Laser Marking Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
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

Laser Marking Market | What are the opportunities for new market entrants?

The overall laser marking market is expected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0% during the forecast period. Increasing adoption of laser marking across end-user verticals and enhanced performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market.

Increase in demand for customized marking solutions for several products, including trophies, glasses, medals, signs, and other sports products, provides an opportunity for manufacturers of laser markers. The fashion industry is another application area where laser markers are being used to provide custom designs to tailor a person’s style, size, and preference. Some of the products for which laser markers are being used to provide custom designs include leather engraved handbags, sneakers, boots, velvet and denim pieces, and texturized fur.

 

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=167085735

Market in APAC expected to grow at significant rate from 2019 to 2024

APAC is expected to account for the largest share of the laser marking market during the forecast period. China, India, South Korea, and Japan are the major contributors to the growth of the market in APAC. APAC has been ahead in terms of adoption of laser marking products and solutions compared to other regions. The region’s huge population, increasing R&D investments, and growing manufacturing and electronics sectors are expected to drive the growth of the market.

Key Market Players

Key players in the laser marking market comprise companies operating at different stages of the market’s value chain. The key market players include Coherent (US), Han’s Laser (China), Trumpf (Germany), Gravotech (France), Jenoptik (US), Epilog Laser (US), 600 Group (UK), Mecco (US), Laserstar (US), and Novanta (US). Organic growth strategies, such as product launches, are the focus of many of the above companies.

Prominent players have adopted product launches, followed by mergers & acquisitions, as part of their key business strategy to strengthen their position in the laser marking market. For instance, in February 2016, Coherent (US), under its AVIA laser series, launched green nanosecond lasers, which can deliver an average power of up to 65 W at 532 nm. These lasers can be used for marking, cutting, scribing, and drilling.

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

What are the drivers and restraints for the laser marking market?

Get in-depth analysis of the COVID-19 impact on the Laser Marking Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Laser Marking Market
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https://www.marketsandmarkets.com/Market-Reports/laser-marking-market-167085735.html

 

The overall laser marking market is expected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0% during the forecast period. Increasing adoption of laser marking across end-user verticals and enhanced performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market.

 

Factors such as increasing adoption of laser marking across end-user verticals and enhanced performance of laser markers over traditional material marking techniques are fueling the growth of laser marking market. Moreover, high deployment cost is expected to affect market growth.

 

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=167085735

 

Fiber laser to hold largest share of laser marking market in 2018

By laser type, fiber laser accounted for the largest share of the laser marking market in 2018. Features such as high output power, flexible fiber light, compact size, and high optical quality have contributed to the growth of the market for fiber laser. A fiber laser uses an optical fiber doped as an active gain medium. Fiber laser comes in various power modes (continuous wave or modulated modes) and is suitable for laser marking and engraving applications across military, healthcare, semiconductor & electronics, and research verticals.

Market for hardware offering to hold largest share of laser marking market in 2018

By offering, hardware accounted for the largest share of the laser marking market in 2018. This large market share can be attributed to the high requirement of hardware in several types of laser marking systems. Hardware components, such as laser, controller, filter, rotary device, galvanometer, and power supply, are the building blocks of laser marking and engraving machines and are elemental for their proper functioning.

Machine tools end-user vertical to lead laser marking market during forecast period

By end user, the machine tools vertical is estimated to account for the largest share of the laser marking market during the forecast period. The leading position of this vertical, in terms of market size, can be attributed to the ability of laser markers to provide permanent alphanumeric details on objects in terms of product and brand names, batch numbers, manufacturer codes, 1D & 2D bar codes, logos, designs, manufacturer codes, dates of manufacturing, product related information, and other details.

Laser marking market in RoW to grow at highest CAGR during forecast period

The laser marking market in RoW is expected to grow at the highest CAGR during the forecast period. RoW comprises the Middle East & Africa and South America, which have significant potential for the growth of the laser marking market. The industrial manufacturing and aerospace & defense sectors in the Middle East & Africa are witnessing significant developments, which are expected to support the increasing demand for laser marking. Increasing use of electric vehicles in the Middle East will boost the automotive vertical, which, in turn, is expected to fillip the demand for laser marking in this region. South America, which is in an early stage of economic development compared to other regions studied in this report, offers good growth opportunities for the laser marking market.

Key players in the laser marking market comprise companies operating at different stages of the market’s value chain. These market players include Coherent (US), Han’s Laser (China), Trumpf (Germany), Gravotech (France), Jenoptik (US), Epilog Laser (US), 600 Group (UK), Mecco (US), Laserstar (US), and Novanta (US). Organic growth strategies, such as product launches, are the focus of many of the above-mentioned companies.

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

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

 

 

Laser marking market for packaging end-user vertical to grow at highest CAGR

COVID-19 impact on the Laser Marking Market

The overall laser marking market is expected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0% during the forecast period. Increasing adoption of laser marking across end-user verticals and enhanced performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market.

Download PDF Brochure:-

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=167085735

Laser marking market for packaging end-user vertical to grow at highest CAGR from 2019 to 2024

The market for the packaging end-user vertical is expected to grow at the highest CAGR from 2019 to 2024. Majority of the packaging companies have to display variable data, such as expiration dates and batch and serial numbers, as labels on the products. Laser markers are perfectly suited for marking at the end of the production process and can be used on several materials, including cardboard, paper, and polymer. Marking with laser systems is a contactless process, thus negating any mechanical stress on the packaging. These factors are likely to contribute to the highest growth rate of the packaging segment as compared to the other end-user segments.

Laser marking market in RoW to grow at highest CAGR during forecast period

The laser marking market in RoW is expected to grow at the highest CAGR during the forecast period. RoW comprises the Middle East & Africa and South America, which have significant potential for the growth of the laser marking market. The industrial manufacturing and aerospace & defense sectors in the Middle East & Africa are witnessing significant developments, which are expected to support the increasing demand for laser marking. Increasing use of electric vehicles in the Middle East will boost the automotive vertical, which, in turn, is expected to fillip the demand for laser marking in this region. South America, which is in an early stage of economic development compared to other regions studied in this report, offers good growth opportunities for the laser marking market.

Key players in the laser marking market comprise companies operating at different stages of the market’s value chain. These market players include Coherent (US), Han’s Laser (China), Trumpf (Germany), Gravotech (France), Jenoptik (US), Epilog Laser (US), 600 Group (UK), Mecco (US), Laserstar (US), and Novanta (US). Organic growth strategies, such as product launches, are the focus of many of the above-mentioned companies.

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

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

Laser Marking Market | How will the organic growth strategies implemented by key players impact the growth of the market, and who will have the undue advantage?

The overall laser marking market is expected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0%. Increasing adoption of laser marking across end-user verticals and enhanced performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market.

Key players in the laser marking market comprise companies operating at different stages of the market’s value chain. The key market players include Coherent (US), Han’s Laser (China), Trumpf (Germany), Gravotech (France), Jenoptik (US), Epilog Laser (US), 600 Group (UK), Mecco (US), Laserstar (US), and Novanta (US). Organic growth strategies, such as product launches, are the focus of many of the above players.

• Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=167085735

Top 2 Players in the Laser Marking Market:

In 2018, Coherent (US) ranked first in the global laser marking market, primarily based on its product portfolio, R&D investments, market penetration, and geographic reach. The company is fostering its growth through acquisition of new technologies, enhancement of its technology portfolio, and product launches in new markets. The company has a presence in the Americas, Europe, the Middle East & Africa, and Asia Pacific (APAC). Some of its subsidiaries include Coherent GmbH (Germany), Coherent Ltd. (UK), Coherent Japan KK (Japan), Lambda Physik USA, Inc. (US), and Coherent Commercial Company Ltd. (China). Coherent has been investing in R&D to develop and acquire new technologies and additional market share by streamlining its manufacturing structure and improving the cost structure. The company is focused on acquiring other companies, expanding its product portfolio, and increasing its customer base. For instance, in March 2018, the company acquired O.R. Lasertechnologie, a German laser technology provider. This acquisition enabled the company to enhance its laser technology and laser marking product portfolio.

Han’s Laser (China) ranked second in the global laser marking market. The company is fostering its growth by strengthening its product portfolio and minimizing manufacturing costs. The company offers several types of laser marking solutions, including fiber laser machines, CO2 laser machines, UV laser machines, PCB marking machines, and 3D laser marking systems. Han’s Laser aims at strengthening its market presence by providing customized solutions and quality products that utilize resources optimally and minimize manufacturing costs. Supported by its well-known brand identity, Han’s Laser has a strong presence in APAC and other regions, which helped the company double its revenue from USD 1.0 billion in FY16 to USD 2.0 billion in FY17.

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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.

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Laser cleaning market segmented on the basis of laser type, application, and geography

The laser cleaning market was valued at USD 551.1 Million in 2017 and is expected to reach USD 723.9 Million by 2023, at a CAGR of 4.22% during the forecast period. The base year considered for the study is 2017 and the forecast period is between 2018 and 2023.

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Laser Cleaning Market, by Laser Type

• Gas laser
• Solid laser

Laser Cleaning Market, by Application

• Conservation and Restoration
• Cleaning Process
• Industrial Usage

Laser Cleaning Market, by Region

• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)

Laser cleaning market for fiber laser expected to grow at the highest CAGR during the forecast period

The market for fiber lasers is expected to witness a significant growth during the forecast period owing to factors such as high precision cleaning, good precision of position cleaning, selective washing, and safe environment to facilitate ease-of-operation, coupled with low maintenance cost. The increasing application areas in art and heritage sites, along with automotive and aerospace parts and surface cleaning, have led to the overall growth of the fiber laser market

APAC expected to hold the highest growth rate in the overall laser cleaning market

The laser cleaning market, on the basis of region, has been segmented into North America, Europe, APAC, and RoW. North America is accounted for the largest share of the laser cleaning market in 2018, followed by Europe and Asia Pacific (APAC). The growth of this market in Asia Pacific can be attributed to the increased use of laser cleaning in automotive parts and aerospace maintenance sector. The growth in the market for laser cleaning in APAC is also driven by the soaring infrastructure market in the region. APAC, comprising countries such as China, Japan, India, and South Korea, is likely to account for a major share of the laser cleaning market in 2018. This market growth can be attributed to the increasing demand for lasers in cleaning of cultural sites and heritage properties, along with the industrial applications (power plants, nuclear plants, and refineries) in APAC.

Major players in the laser cleaning market include Coherent, Inc. (Coherent) (US), Trumpf Group (Trumpf) (Germany), IPG Photonics Corporation (IPG Photonics) (US), Adapt Laser Systems LLC (Adapt Laser) (US), and Clean Lasersysteme GmbH (Clean Lasersysteme) (Germany).

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 5000 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.

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.

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Laser marking market for packaging end-user vertical to grow at highest CAGR from 2019 to 2024

The overall laser marking market is expected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0% during the forecast period. Increasing adoption of laser marking across end-user verticals and enhanced performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market.

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Laser marking market for packaging end-user vertical to grow at highest CAGR from 2019 to 2024

The market for the packaging end-user vertical is expected to grow at the highest CAGR from 2019 to 2024. Majority of the packaging companies have to display variable data, such as expiration dates and batch and serial numbers, as labels on the products. Laser markers are perfectly suited for marking at the end of the production process and can be used on several materials, including cardboard, paper, and polymer. Marking with laser systems is a contactless process, thus negating any mechanical stress on the packaging. These factors are likely to contribute to the highest growth rate of the packaging segment as compared to the other end-user segments.

Market in APAC expected to grow at significant rate from 2019 to 2024

APAC is expected to account for the largest share of the laser marking market during the forecast period. China, India, South Korea, and Japan are the major contributors to the growth of the market in APAC. APAC has been ahead in terms of adoption of laser marking products and solutions compared to other regions. The region’s huge population, increasing R&D investments, and growing manufacturing and electronics sectors are expected to drive the growth of the market.

Key Market Players

Key players in the laser marking market comprise companies operating at different stages of the market’s value chain. The key market players include Coherent (US), Han’s Laser (China), Trumpf (Germany), Gravotech (France), Jenoptik (US), Epilog Laser (US), 600 Group (UK), Mecco (US), Laserstar (US), and Novanta (US). Organic growth strategies, such as product launches, are the focus of many of the above companies.

Prominent players have adopted product launches, followed by mergers & acquisitions, as part of their key business strategy to strengthen their position in the laser marking market. For instance, in February 2016, Coherent (US), under its AVIA laser series, launched green nanosecond lasers, which can deliver an average power of up to 65 W at 532 nm. These lasers can be used for marking, cutting, scribing, and drilling.

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.

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. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 

Global Laser Marking Market Growth, Trends, Key Players, Region - Forecast to 2024

The overall laser marking market is expected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0% during the forecast period. Increasing adoption of laser marking across end-user verticals and enhanced performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market.

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By laser type, fiber laser accounted for the largest share of the laser marking market in 2018. Features such as high output power, flexible fiber light, compact size, and high optical quality have contributed to the growth of the market for fiber laser. A fiber laser uses an optical fiber doped as an active gain medium. Fiber laser comes in various power modes (continuous wave or modulated modes) and is suitable for laser marking and engraving applications across military, healthcare, semiconductor & electronics, and research verticals.

By offering, hardware accounted for the largest share of the laser marking market in 2018. This large market share can be attributed to the high requirement of hardware in several types of laser marking systems. Hardware components, such as laser, controller, filter, rotary device, galvanometer, and power supply, are the building blocks of laser marking and engraving machines and are elemental for their proper functioning.

By end user, the machine tools vertical is estimated to account for the largest share of the laser marking market during the forecast period. The leading position of this vertical, in terms of market size, can be attributed to the ability of laser markers to provide permanent alphanumeric details on objects in terms of product and brand names, batch numbers, manufacturer codes, 1D & 2D bar codes, logos, designs, manufacturer codes, dates of manufacturing, product related information, and other details.

Market in APAC expected to grow at significant rate from 2019 to 2024

APAC is expected to account for the largest share of the laser marking market during the forecast period. China, India, South Korea, and Japan are the major contributors to the growth of the market in APAC. APAC has been ahead in terms of adoption of laser marking products and solutions compared to other regions. The region’s huge population, increasing R&D investments, and growing manufacturing and electronics sectors are expected to drive the growth of the market.

Key Market Players

Key players in the laser marking market comprise companies operating at different stages of the market’s value chain. The key market players include Coherent (US), Han’s Laser (China), Trumpf (Germany), Gravotech (France), Jenoptik (US), Epilog Laser (US), 600 Group (UK), Mecco (US), Laserstar (US), and Novanta (US). Organic growth strategies, such as product launches, are the focus of many of the above companies.

Prominent players have adopted product launches, followed by mergers & acquisitions, as part of their key business strategy to strengthen their position in the laser marking market. For instance, in February 2016, Coherent (US), under its AVIA laser series, launched green nanosecond lasers, which can deliver an average power of up to 65 W at 532 nm. These lasers can be used for marking, cutting, scribing, and drilling.

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. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 

Attractive Growth Opportunities in Laser Marking Market

The overall laser marking market is expected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0% during the forecast period. Increasing adoption of laser marking across end-user verticals and enhanced performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market.

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Fiber laser type expected to gain significant share of laser marking market by 2024

Fiber laser type is estimated to account for the largest share of the laser marking market during the forecast period. Features such as high output power, flexible fiber light, compact size, and high optical quality have contributed to the growth of the fiber laser segment. A fiber laser uses an optical fiber doped as an active gain medium. Fiber laser comes in various power modes (continuous wave or modulated modes) and is suitable for laser marking and engraving applications across the military, healthcare, semiconductor & electronics, and research verticals.

Laser marking market for packaging end-user vertical to grow at highest CAGR from 2019 to 2024

The market for the packaging end-user vertical is expected to grow at the highest CAGR from 2019 to 2024. Majority of the packaging companies have to display variable data, such as expiration dates and batch and serial numbers, as labels on the products. Laser markers are perfectly suited for marking at the end of the production process and can be used on several materials, including cardboard, paper, and polymer. Marking with laser systems is a contactless process, thus negating any mechanical stress on the packaging. These factors are likely to contribute to the highest growth rate of the packaging segment as compared to the other end-user segments.

Market in APAC expected to grow at significant rate from 2019 to 2024

APAC is expected to account for the largest share of the laser marking market during the forecast period. China, India, South Korea, and Japan are the major contributors to the growth of the market in APAC. APAC has been ahead in terms of adoption of laser marking products and solutions compared to other regions. The region’s huge population, increasing R&D investments, and growing manufacturing and electronics sectors are expected to drive the growth of the market.

Key Market Players

Key players in the laser marking market comprise companies operating at different stages of the market’s value chain. The key market players include Coherent (US), Han’s Laser (China), Trumpf (Germany), Gravotech (France), Jenoptik (US), Epilog Laser (US), 600 Group (UK), Mecco (US), Laserstar (US), and Novanta (US). Organic growth strategies, such as product launches, are the focus of many of the above companies.

Prominent players have adopted product launches, followed by mergers & acquisitions, as part of their key business strategy to strengthen their position in the laser marking market. For instance, in February 2016, Coherent (US), under its AVIA laser series, launched green nanosecond lasers, which can deliver an average power of up to 65 W at 532 nm. These lasers can be used for marking, cutting, scribing, and drilling. 

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.

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. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Laser marking market | RoW to grow at highest CAGR during forecast period

The overall laser marking market is projected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0% through the forecast period. Growing adoption of laser marking across end-user verticals and improved performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market.


Laser marking market in RoW to grow at highest CAGR during forecast period

The laser marking market in RoW is estimated to grow at the highest CAGR through the forecast period. RoW comprises the Middle East & Africa and South America, which have significant potential for the development of the laser marking market. The industrial manufacturing and aerospace & defense sectors in the Middle East & Africa are witnessing significant expansions, which are projected to support the increasing demand for laser marking. Increasing use of electric vehicles in the Middle East will boost the automotive vertical, which, in turn, is expected to fillip the demand for laser marking in this region. South America, which is in an early stage of economic development compared to other regions studied in this report, offers good growth opportunities for the laser marking market.

Key players in the laser marking market include companies operating at different stages of the market’s value chain. These market players include Coherent (US), Han’s Laser (China), Trumpf (Germany), Gravotech (France), Jenoptik (US), Epilog Laser (US), 600 Group (UK), Mecco (US), Laserstar (US), and Novanta (US). Organic growth strategies, such as product launches, are the focus of many of the above-mentioned companies.

• Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=167085735

By laser type, fiber laser accounted for the largest share of the laser marking market in 2018. Features such as high output power, flexible fiber light, compact size, and high optical quality have contributed to the growth of the market for fiber laser. A fiber laser uses an optical fiber doped as an active gain medium. Fiber laser comes in various power modes (continuous wave or modulated modes) and is suitable for laser marking and engraving applications across military, healthcare, semiconductor & electronics, and research verticals.

By offering, hardware accounted for the main share of the laser marking market in 2018. This large market share can be attributed to the high requirement of hardware in several types of laser marking systems. Hardware components, such as laser, controller, filter, rotary device, galvanometer, and power supply, are the building blocks of laser marking and engraving machines and are elemental for their proper functioning.

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.

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. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441