Market Overview:
The global laser marking machine market size is expected to exhibit a growth rate (CAGR) of 6.66% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
6.66% |
A laser marking machine is a piece of mechanical equipment used for engraving permanent laser marks or designs on a surface. It uses a beam of concentrated light to create marks through a fiber, green, YAG, ultraviolet (UV) or CO2 laser machine. This beam targets a specific area, which enables the machine to create precise, high-quality and high-contrast marks. The markings usually include text for serial numbers, machine-readable data for barcodes, unique identification codes and matrix codes and graphics. They are commonly engraved on various surfaces, such as steel, titanium, aluminum, copper, ceramic, plastic, wood, glass and paper.
Rapid industrialization across the globe, along with increasing automation in the manufacturing sector, is one of the key factors driving the growth of the market growth. Laser marking machines are widely used across various industries, such as automotive, electronics & semiconductor, medical, aerospace, machine tools, packaging and construction, for premium-quality custom marking and engraving on materials. As compared to the traditional material marking techniques, laser markings are more durable and convenient to read and scan, which is resulting in the increasing demand for marking machines. In line with this, these machines are also used in the automotive industry for engraving serial numbers of the tires without altering the tire structure. Additionally, various technological advancements, such as the development of green-laser marking machines, are acting as other growth-inducing factors. These innovative machines facilitate high-speed markings on electrical components, microchips, capacitors and circuit boards with minimal environmental impact. Other factors, including the rising consumer demand for personalized products, such as jewelry, leather purses and handbags, along with increasing expenditure capacities of consumers, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global laser marking machine market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type and application.
Breakup by Type:
- CO2 Laser
- Fiber Laser
- Green Laser
- UV Laser
- YAG Laser
- Others
Breakup by Application:
- Automotive
- Aerospace
- Machine Tool
- Electronics and Semiconductor
- Medical
- Packaging
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Epilog Laser, Gravotech Engineering Pvt. Ltd., Han's Laser Technology Industry Group Co. Ltd., LaserStar Technologies Corporation, MECCO, Sea Force Co. Ltd., Telesis Technologies Inc. (Hitachi Industrial Equipment Systems Co. Ltd.), Trotec Laser GmbH (Trodat Inc.), TYKMA Electrox Inc. (600 Group PLC) and Videojet Technologies Inc. (Danaher Corporation).
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Type, Application, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Epilog Laser, Gravotech Engineering Pvt. Ltd., Han's Laser Technology Industry Group Co. Ltd., LaserStar Technologies Corporation, MECCO, Sea Force Co. Ltd., Telesis Technologies Inc. (Hitachi Industrial Equipment Systems Co. Ltd.), Trotec Laser GmbH (Trodat Inc.), TYKMA Electrox Inc. (600 Group PLC) and Videojet Technologies Inc. (Danaher Corporation) |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global laser marking machine market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global laser marking machine market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global laser marking machine market and who are the key players?
- What is the degree of competition in the industry?