Laser Marking Machine Global Market 2023 - Growth, Opportunities, Key Players, Regions And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Laser Marking Machine market report by The Business Research Company, the increase in adoption of laser marking across end-users is significantly driving the growth of the laser marking machines market. The laser marking is highly adopted for its superior consistency, competitor advantage, precision, and timely engraving. In June 2020, Laserax, a Canada-based industrial laser machines and systems manufacturer, announced the LXQ Fiber Laser Marker series that is redefining how simple and accessible laser system integration can be.

The global laser marking machine market size grew from $2.62 billion in 2022 to $2.81 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The laser marking machine market size is expected to grow to $3.73 billion in 2027 at a CAGR of 7.3%.

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Major competitors in the Laser Marking Machine market include Gravotech Marking, Epilog, TYKMA Electrox, Han's Laser, LaserStar Technologies Corporation, Trotec Laser, Mecco, Telesis Technologies, Videojet Technologies, Coherent, Sea Force, Keyence Corporation, Huagong Tech Company, ROFIN-SINAR Laser GmbH, and Universal Laser Systems.

The Laser Marking Machine market is segmented -
• By Type: CO2 Laser, Fiber Laser, Green Laser, UV Laser, YAG Laser, Other Types
• By Offering: Hardware, Software, Services
• By Application: Automotive, Aerospace, Machine Tool, Electronics and Microelectronics, Medical, Packaging, Military, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Laser Marking Machine market.

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Laser marking refers to a permanent process that uses a beam of concentrated light for creating a lasting mark on a surface. It utilizes a concentrated beam of light to leave a permanent mark on a surface. A fiber, pulsed, continuous wave, green, or UV laser system is commonly used for laser marking, and it covers a wide range of applications. Laser marking employs no consumables and requires less maintenance than other non-permanent marking procedures like printing or labelling.

The Table Of Content For The Laser Marking Machine Market Include:
1. Executive Summary
2. Laser Marking Machine Market Characteristics
3. Laser Marking Machine Market Trends And Strategies
4. Laser Marking Machine Market - Macro Economic Scenario
5. Laser Marking Machine Market Size And Growth
6. Laser Marking Machine Market Segmentation
............
26. Africa Laser Marking Machine Market
27. Laser Marking Machine Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Laser Marking Machine Market
29. Laser Marking Machine Market Future Outlook and Potential Analysis
30. Appendix

The "Global Laser Marking Machine Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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