Fiber Laser Coding System Market Trends in 2019- What Industry Insiders Tell Us about the Future Forecast

Recent research and the current scenario as well as future market potential of Fiber Laser Coding System Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028

Consumer goods are coded and marked during transportation. Several methods are used by different players in the logistics industry. One such method of coding goods is a fiber laser coding system. This system is used to directly mark unique identification features on several materials. Fiber laser coding systems can print directly on several substrates like metals, plastics, paper, glass, etc. These also provide better protection against counterfeits of consumer goods. Apart from tracking products, fiber laser coding systems also help manufacturers to focus on brand building, product traceability, and quality assurance. High-speed printing, non-contact printing, clear printing, and flexible printing are some of the key features provided by a fiber laser coding system. During transit, a fiber laser coding system end-user can easily track the location and status of the goods. All these aspects have positively impacted the fiber laser coding system market during the forecast period.

Global Fiber Laser Coding System Market - Dynamics

In recent years, there has been an inclination towards better anti-counterfeiting detection systems like fiber laser coding. Another factor driving the growth of the fiber laser coding system market is the rising demand for FMCG. The stringent government regulations toward the industry standard for marking and coding are fuelling the growth of the fiber laser coding system market. Furthermore, fiber laser coding systems have high precision scan heads, which ensure high-quality print as compared to the other coding systems. Fiber laser coding systems are also cost-effective when it comes to maintenance charges, as compared to other marking and coding systems. In November 2016, Domino Printing Sciences plc launched high speed fiber laser coding system. In August 2016, Videojet Technologies, Inc. launched high speed fiber laser coding system for bottle cap printing applications. However, it is difficult for fiber laser coding systems to print on uneven surfaces which results in usage of more than one coding systems.

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Global Fiber Laser Coding System Market - Segmentation

The global fiber laser coding system market is segmented by substrate, machine, application type, and end use. The pricing for fiber laser coding system has being done based on the machine type segment in US$ million, and the volume is considered in units.

On the basis of substrate type, the global fiber laser coding system market is segmented into -

Plastics
Metals
Paper
Glass
Ceramics
Others

On the basis of machine type, the global fiber laser coding system market is segmented into -

Pulse Fiber Laser System
Solid State Fiber Laser System

On the basis of application type, the global fiber laser coding system market is segmented into -

Boxes & Cartons
Bottles
Labels
Vials & Ampoules
Tubes
Blisters
Pouches
Others

On the basis of end-use industry, the global fiber laser coding system market is segmented into -

Electrical & Electronic
Automotive & Aerospace
Pharmaceutical & Medical
Food & Beverages
Personal & Homecare
Chemical & Fertilizers
Building & Construction
Others

Fiber laser coding systems are mainly used to mark electrical & electronics and automotive & aerospace components.

Global Fiber Laser Coding System Market – Regional Overview

Increasing retail spending is expected to drive the fiber laser coding system market in North America during the forecast period 2018-2028. The Asia Pacific fiber laser coding system market is expected to witness the highest growth during the forecast period, due to a rise in demand towards better anti-counterfeiting systems in this region. The need for consistently correct & readable codes is driving the growth of the fiber laser coding system market in Europe. The fiber laser coding system market in Middle East & Africa is expected to witness sluggish growth during the forecast period.

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Global Fiber Laser Coding System Market – Key Players

A few of the key players in the fiber laser coding system market are Videojet Technologies, Inc., Domino Printing Sciences plc, Markem-Imaje Corporation, Hitachi America, Ltd., Interactive Coding Equipment (ICE), Diagraph Corporation, Squid Ink Manufacturing Inc., ATD Ltd, LaserStar Technologies Corporation, Linx Printing Technologies, MACSA ID, S.A., Martek Industries Ltd, TYKMA Electrox, Inc., etc.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

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Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

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