Global Laser Marking Market: Analysis and Opportunity Assessment 2022

Market Overview:

The global market for Laser Marking estimated at USD 3.03 Billion in the year 2021, is projected to reach a revised size of USD 5.23 Billion by 2028, growing at a CAGR of 8.1% over the analysis period 2022-2028

In order to mark a surface, a laser beam is focused onto the substance. Materials including steel, titanium, aluminium, copper, ceramic, plastic, glass, wood, paper, and cardboard may all be marked with lasers, and the markings are permanent and traceable. Because it enables the permanent alphanumerical features like brand name, batch number, and other information, laser marking is frequently employed in machine tools. Additionally, they enable the engraving of batch numbers, manufacturer codes, 1D and 2D bar codes, logos, patterns, manufacturer codes, dates of production, information pertaining to the product, and other characteristics that improve product identification and security.

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Market Dynamics:

Driver:

The Effectiveness of Laser Markers Is Superior to Conventional Material Marking Methods
Compared to conventional material marking processes, laser marking systems provide greater accuracy, improved readability, reduced labor costs, and little material loss. When compared to conventional marking methods like dot peen marking, laser marking devices are incredibly quick. In plants where many objects need to be marked or engraved, they may create a 2D design in less than a second as opposed to the five seconds required by dot peen marking systems.

Opportunities:

Rising Adoption of Advanced Laser Marking Technologies
Advanced laser technologies like 3D laser marking and hybrid laser marking have recently seen a rise in use. A hybrid laser marker is a fast laser that is ideal for marking a variety of materials, including metals and polymers. The peak power and incredibly brief pulse duration of the hybrid laser marker define it. The power range of the hybrid laser marker makes all possible permanent marking finishes possible. A variety of businesses, including KEYENCE, Gravotech, and GCC, offer hybrid laser markers.

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Market Segmentation
By Type
• Fiber Laser
• CO2
• Green
• Other Types

By Application
• Machine Tool
• Electronics & Microelectronics
• Automotive
• Medical
• Aerospace
• Other Applications

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By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)

Major Key Players Considered in the Market
• Coherent (US)
• Hans Laser (China)
• Trumpf (Germany)
• Gravotech (France)
• Jenoptik (US)
• Epilog Laser (US)
• 600 Group (UK)
• Mecco (US)
• Laserstar (US)
• Novanta (US) and other major players

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Table OF Content
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application
Chapter 4: Market Landscape
Chapter 5: Laser Marking Market by Type
To Be Continued……

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